Millions of holidays cancelled in recent years, says Sainsbury's Bank Travel Insurance

www.moneynews.co.uk > Insurance > Millions of holidays cancelled in recent years, says Sainsbury's Bank Travel Insurance

Millions of holidays cancelled in recent years, says Sainsbury's Bank Travel Insurance

Mon 10th Jul 2006

Around 4.14 million people have called off their planned foreign holidays since 2003, according to new research released today by Sainsbury's Bank Travel Insurance.

A lack of travel insurance among 13 per cent of people could mean that thousands of people have lost out on money spent booking a holiday they did not actually go on.

The research also revealed that over 100,000 travel insurance claims will be made this year in relation to holiday plans going wrong and people not being able to make the trip they had already paid for.

Robert O'May, travel insurance manager at Sainsbury's Bank, said: "People make significant investments in their holidays, but can often overlook the fact that things can go wrong while they are away or that they may have to cancel them."

Sainbury's Bank offers single-trip, extended-trip and annual travel insurance policies.

Related News : Insurance
	Under-insurance 'a costly mistake for Brits'
	Rodents and pests 'causing havoc for homeowners'
	Brits 'should be aware of home cover details'
	PPI scandal 'has helped tighten financial regulation'
	Location 'can impact home insurance costs for Brits'
	FSA and CC 'failed to tackle PPI issue head-on'
	Pet cover 'important for Brits to get right'
	UK homes are 'falling into disrepair'
	Brits advised on reducing home insurance cost
	UK insurance 'has become more complex'

Related News : Sainsbury
	Sainsbury's Finance announces loan rate reduction
	People pay out 7m per year due to 'cowboy' traders, claims Sainbury's
	Sainsbury's sees 43% increase in lost or stolen holiday possessions
	Sainsburys Finance highlights benefits of credit card shopping
	Sainsburys Finance encourages customers to read terms and conditions
	Watch out for frosting thefts, advises Sainsburys Finance
	Sainsburys Finance warns consumers over crucial checks
	Sainsburys Finance lauds 'savvy shoppers'
	Sainsburys Finance 'offers extra cash to travellers'
	Sainsburys Finance highlights affordability issues relating to pets