Travel Insurance - 14.5m still not taking travel insurance - 23/09/2008

 
 
  A recent survey, reports that around 15.4 million British holiday goers are still planning to travel abroad during the next 12 months without taking out travel insurance, according to the financial company, American Express.

The findings come after it was found that people in Britain are trying to save their finances and cut back on expenses.

Chris Rolland, Head of American Express Insurance Services said: "As the cost of living rises and there is less money left over at the end of each month, our research shows that one in four Brits are struggling to meet the cost of holiday insurance. If it is a case of people cutting back on travel insurance in order to afford their holidays then perhaps they should think twice before booking.

"Should something happen, the current economic market means that the last thing Brits need now is an unexpected bill.

"If people are planning more than one trip this year, they should opt for an annual travel insurance policy instead; it will save them more money in the long run and help them to avoid being financially stung while they should be relaxing on holiday.

"in the face of the credit crunch, which is effecting the pockets of holiday goers, travel operators and airline companies it is ever more important to take out travel insurance products, which can provide support if it is ever needed.

   
 
     
 
 
  18/11/2008 - Warning issued over travel insurance scam. A scam involving requests for money by a bogus travel insurer has been uncovered...
13/11/2008 - FSA authorisation: Firms fail to apply as deadline approaches. The deadline for filing applications for the FSA authorisation to sell travel insurance from...
11/11/2008 - Medical card not a replacement for adequate travel insurance. A leading travel insurance provider has warned Britons thinking of travelling to Europe that...
 
  Top ten travel tips. Make sure you're prepared for your next holiday or business trip with our top...
Money saving tips when travelling. Below are money saving tips for travel. Whether it be travel insurance or the...
Travel Insurance. Why do I need travel insurance? What is Single Trip Insurance? What is Annual...
 
  11/11/2008 - More lows for the travel industry. A prediction from experts that the financial crisis may worsen during 2009 has led...
02/11/2008 - Travel Insurance: Have you purchased a cover before heading off?. Time and again travellers from the UK are reminded to take out travel insurance...
13/10/2008 - How to avoid being a victim if your airline goes bust. You take one glance around the house with a sense of relief. Windows and...
Travel Insurance News Latest News
18/11/2008 - Warning issued over travel insurance scam. A scam involving requests for money by a bogus...
Read More
13/11/2008 - FSA authorisation: Firms fail to apply as deadline approaches. The deadline for filing applications for the FSA authorisation...
Read More
11/11/2008 - Medical card not a replacement for adequate travel insurance. A leading travel insurance provider has warned Britons thinking...
Read More
More News >>



Only Insurance Ltd is authorised and regulated by the Financial Services Authority, FSA registration number: 313649. Our registered offices are 1 Kings Avenue, Winchmore Hill, London N21 3NA, company number: 05223009. Telephone 0207 377 1805.