According to the Post Office Insurance division spending on travel has remained constant, with no falls in currency or insurance transactions over the last couple of months.
Post Office insurance sales are unchanged while Euro currency sales are actually up compared with the same time last year, this even though the pound has weakened against the Euro in recent months. Figures show the precise change to be 3.2 percent over June and July.
According to the information gained Post Office Insurance customers are heading for the usual holiday spots such as Spain, Greece and France. The flight is not too long and they are pretty much assured great weather.
It appears that around 500,000 people from the UK lose their passport each year while on holiday, with a subsequent loss, according to the Halifax, of over 1.7 million days as they wait to be allowed to come home.
The extra costs of staying abroad, including additional accommodation, flights and so on add up to nearly GBP390 million, or just over GBP130 per person. Advice from the Halifax is to use the hotel safe or safekeeping place in the room for their documents. They should also be aware that one in ten of the lost passports are actually stolen whilst outdoors, so being careful and discreet is important so as not to raise attention.
One further idea, this time from a Halifax travel insurance expert, is to take several copies of the back page of the passport and keep them in a host of different places. This way at least there will be some ID that will help get things sorted out.
Well known insurer Liverpool Victoria has just announced new travel insurance policies for annual or single trip cover.
The travel insurance policies are new for Liverpool Victoria but they have clearly researched the market well and brought together aspects that travellers want. For example the policies can be tailored to suit the situation, with options for golf trips, weddings and winter sports.
Both policies offer GBP10 million of medical cover and GBP2,500 for personal possessions. They also include personal accident protection and cover for missing a departure. Liverpool Victoria have clearly done their travel insurance homework.
The MD of Liverpool Victoria, known also as LV=, was delighted to be able to offer these new travel insurance policies for existing and new customers, feeling that they would meet customer requirements very well and, with highly competitive prices, help them save money too.
Get A Competitive Liverpool Victoria Travel Insurance Quote.