Travel Insurance - UK - February 2012
“Although the travel insurance market has performed relatively well, especially considering the wider economy and holiday trends, there is still room for improvement. Competition on price and the high number of policies available has made it more difficult to compare the quality of cover, leaving some consumers with the wrong level of protection. This has resulted in a high level of consumer scepticism regarding claim payouts, and is something that providers will need to address in order to increase future sales.”
– Stevan Obradovic, Financial Services Analyst
Some questions answered in this report include:
- Has the economy made consumers more willing to travel abroad without travel insurance?
- Have consumers’ preferences changed when it comes to arranging travel cover?
- Is the EHIC providing competition to travel insurance and making consumer overlook cover?
- Can providers make policies more transparent and gain consumer trust?
- Are travellers downgrading from annual to single-trip policies due to the income squeeze?
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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