There’s good news on the travel insurance front for families who like to get away frequently. Moneysavingexpert have unveiled a loophole in the Sainsbury’s Gold Card which offers worldwide family cover all year round for £5 a month. The travel insurance offered via the gold card includes cover for two adults aged under 65 years, plus it covers 6 children, and 17 days of winter sports activities are also included in the price. The cover costs just £5 a month, which works out at £60 a year, with the option to cancel at any time. The insurance starts immediately so there’re no exclusions for new gold card customers. However, you should be a cardholder at the time of booking your holiday for cancellation cover to be valid. If families sign up to the card when booking their holiday and cancel it upon their return, in a best case scenario you will have received full travel insurance for just £5. However if you only take a holiday once a year, and pay £5 a month for a full 12 months, then you don’t get such as good deal. Other added benefits for travellers with the Sainsbury gold credit card include no fees for spending on it while abroad, and also extra nectar point can be collected on purchases made using the gold card.