Travel Insurance: are you booking a holiday?

March 19th, 2009

Are you planning to go on holiday this year or is the credit crunch taking its toll?

With mortgage lending down, home repossessions up by 68% and unemployment above two million for the first time since 1997, can anyone afford a holiday this year?

Abta, The Travel Association, doesn’t think that the current economic climate will ‘drastically change’ Brits’ getaway plans. However, what may change is the location of the holidays. At the moment destinations outside of the eurozone are less expensive so you may see people traveling further afield.

If you are planning a holiday then cut your costs by searching for cheap travel insurance, but make sure that you get adequate cover.

Entry Filed under: insurance, travel