Can you afford to head off abroad?
Traditionally, this is the time of year when many Brits start to think about their summer holidays, with many deciding where and when they want to go and then looking for the best deals so that they can get their holiday booked up. Read more
Tags: air travel, card handling fees, holidays, holiday, growth driver, cost, current financial climate, swing
Air travel plummets in popularity due to credit crunch
According to a recent report the popularity of air travel amongst UK consumers has taken a real hit as a result of the global credit crunch, with fewer and fewer people able to manage holidays abroad. Read more
Tags: number, difficult financial climate, overseas property ownership, result, credit crunchInsurance needed even for ‘breakneck breaks’
March 11, 2008 by admin
Filed under News, News-Insurance
More and more British people are jetting off on short duration long-haul foreign trips, new research shows. 
Some 3.7 million people travelled more than 5.5 billion miles to take a long-haul (more than seven hours) flight for a holiday of a week or less, a survey by the Halifax found.
And in spite of concerns about the carbon footprint of air travel, the numbers planning to take what has been dubbed a “breakneck break” in the next year are rising.
The study found that 4,987,000 Britons will take such a trip during 2008.
Travelling to less familiar, further flung destinations while attempting to cram in ever more to less and less time increases the need for travellers to have proper levels of travel insurance.
Paul Birkhead, senior manager of pricing and underwriting at Halifax Travel Insurance, warned: “Holidaymakers should not risk travelling without adequate insurance just because they are taking a short break.
“Things can go wrong whether you are taking a break for two days or two weeks. Travel insurance will cover you for the unexpected, making it vital that everyone has it. Lost baggage, delayed flights or illness can prove expensive, especially if you are 1,000’s of miles away from home.”
