Survey reveals drop in early holiday bookings

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Survey reveals drop in early holiday bookings

The number of people who are looking to book an early holiday this year has fallen by 19 per cent compared to last year, Sainsbury's Finance has reported.

However, it is estimated that around 1.14 million of those who have or are planning to book a break before the end of February have no intention of buying travel insurance.

Joanne Mallon, travel insurance manager for Sainsbury's Finance, said: "Cover that will provide assistance when abroad and for cancellations should you fall ill before your trip, for example, really is as essential as your passport."

Taking a holiday in Europe appears to be the most popular option, with 46 per cent booking a trip on the continent. Meanwhile, five per cent are planning to head further afield with a holiday in the Caribbean.

For holidaymakers who are planning an extended break this year, a home insurance policy from Sainsbury's could be a good option, as it covers homes for up to 60 days of unoccupancy, compared to the 30 days offered by many insurers.

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