UK Insurance News

Insurers are bracing themselves for a deluge of claims resulting from the Heathrow Terminal 5 chaos. If you are travelling this week from T5, it is worth inspecting your travel policy as monetary limits vary depending on your insurer.
While airlines are obliged to offer refreshments after 12 hours delay the limit is just £20 per person, [...]

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A report from IsureandGo, estimates that 1.74million claims were made to UK travel insurers, during last year, 2007.
More than half a million of those claims related to medical problems, with an overall value of £242.3million.
 Not far behind comes lost or stolen luggage, with 430,00 estimated claims, with £35.14million being paid out to claimants.
Cancelled flights comes third [...]

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When planning a holiday it is vital not to go without travel insurance.  The cost of medical bills in foreign countries can ruin even a short break, according to Mike Powell, a general insurance consultant at Defaqto.
“[The] costs of medical treatment overseas can be very variable and loss of baggage could prove very expensive without [...]

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