M&S unveil new customisable travel insurance

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M&S unveil new customisable travel insurance

Mon 19th Sep 2011

Mark and Spencer (M&S) Money have launched a new travel insurance product that allows customers to customise their policy according to their needs.

The insurer claims its new product is built around the changing habits of British holidaymakers, allowing for varying degrees of curtailment, cancellation and excess cover while also allowing travel disruption clauses to be included even when booked through a separate travel operator.

Replacing the old Premier and Standard forms of cover M&S used to provide, the new product allows customers to tailor insurance to their holiday meaning "people only pay for the cover they need", said director of M&S Money Crawford Prentice.

"This is particularly important in the current economic climate where holiday budgets need to stretch further," Mr Prentice explained.

He added that as one size rarely fits all, the same principles should be applied to insurance policies.

The head of the British Insurance Brokers' Association in earlier comments claimed that travel insurance is like a suitcase, in that holidaymakers should never leave home without it.

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