Wednesday, August 4, 2010

Interest in Travel Insurance surging Amongst Brits

As per a research conducted by gocompare.com increasing number of Brits are taking interest in travel insurance. The people who used to take a travel insurance when traveling abroad are becoming more cautious and making sure that their insurer is covering maximum traveling risks. The ones who ignored travel insurance during their travel are applying for one before they travel.

As per the study around 20% of the British travelers are taking high interest in knowing what all risks their insurer covers and what all it ignores. 7% travelers are ready to pay a high price for their travel insurance, provided it gives them the right cover.

As the interest of travelers is increasing in the travel insurance policies a lot of insurers will be worried about selling their services. As the prime focus of travelers is on the coverage they provide and not the cheapest deal. They now want to travel with a high risk covering insurance rather than a cheaper one.

Amidst all this 10% of the travelers are ready to travel with the risks and refuse to buy a travel insurance for themselves.

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After the volcanic ash disruption in UK travelers and travel insurance providers are on a high alert. Travelers are looking out for insurers who give them maximum relief in case any such problem arises in future. The insurers on the other hand are calculating the risks and designing their policies accordingly.

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1 comment:

  1. TCF Online Banking
    The insurers on the other hand are calculating the risks and designing their policies accordingly.

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