AmEx Welcomes Popularity of Multi-Trip Cover

By Mark Harris
Published on 22 Jul 2008
AddThis Social Bookmark Button
Customers are saving money by taking out the insurance, the firm has indicated.

New research showing that most travellers opt for multi-trip insurance highlights a positive trend among consumers, American Express suggested today.

The credit card firm issued the comments in the wake of a study from travel insurers Trip Advisor, which found that 69 percent of travellers are looking to buy multi-trip over single-trip cover over the next 12 months. This means that they will be able to insure themselves on holiday for the next year just once, rather than having to take out individual protection each time they travel.

Trip Advisor's research also highlighted an encouraging level of customer take-up for travel insurance as a whole, with 85 percent covering themselves prior to setting off.

Commenting, head of American Express Insurance Services Chris Rolland said: "With so many cheap flights and last minute holiday deals available to Britons, taking a mini-break is all the more appealing. However if people are planning to go away more than once this year, it is far more cost effective to buy an annual insurance policy than numerous single trip products, giving them peace of mind all year round."

He added: "We understand that holiday costs can add up, but by investing in annual travel insurance, Brits will save in the long run and be free to enjoy several breaks throughout the year."

[Back to top of article]
AmEx Welcomes Popularity of Multi-Trip Cover

Add Your Comment

Name: 
Comment: 
You have 1000 characters left.

Latest Travel Insurance Articles & News

Travel Insurance Articles

Millions 'Passing Up On Travel Cover'
Millions 'Passing Up On Travel Cover'

People are not taking out travel insurance due to its cost - and the fact that they don't think they need it.

Insurers 'Fear Rise In Travel Claims'
Insurers 'Fear Rise In Travel Claims'

Insurance fraud will be on the rise due to the credit crunch, several groups have indicated.

AmEx Issues Travel Insurance Warning
AmEx Issues Travel Insurance Warning

Travelling abroad on your EHIC alone does not provide you with sufficient cover, the credit card firm has warned.

Swiftcover Warns on Teen Travel Insurance
Swiftcover Warns on Teen Travel Insurance

Many youngsters going abroad on their own for the first time are doing so without appropriate cover.

Britons 'Skipping Travel Insurance due to Cost Fears'

The continuing effects of the credit crunch have led to some planning to forego travel insurance cover, it has been revealed.

Sainsbury's Issues Travel Insurance Warning
Sainsbury's Issues Travel Insurance Warning

Many are neglecting to take out cover for holidays within the UK, the firm claims.

Over-65s 'Can Find Travel Insurance'
Over-65s 'Can Find Travel Insurance'

Elderly people can still secure cover if they look hard enough, according to an insurer.

Insurer Warns on 'Adventure Holidays'
Insurer Warns on 'Adventure Holidays'

Britons planning to scuba dive or ride a jet ski on their holidays are not checking to see if they are covered by their insurance first.

Popular Related Articles

Home Insurance Warning Issued Ahead of Storms
Home Insurance Warning Issued Ahead of StormsMany properties might be damaged by the heavy rainfall predicted by the Met Office over the next 24 hours.

Latest Related Headlines

Home Insurance Warning Issued Ahead of Storms
Home Insurance Warning Issued Ahead of StormsMany properties might be damaged by the heavy rainfall predicted by the Met Office over the next 24 hours.

Other Money Headlines

Paper plane
£5 European FlightsRyanair are celebrating the closure of a competitor airline with a £5 seat sale.
RSS FeedTravel Insurance News
RSS FeedLatest Headlines
Free Services Weekly Money Email
The Week's Biggest Money News and Money Saving Tips sent directly to your inbox...
Enter your email:
Find Companies Travel Insurance Guide RSS Feeds - Subscribe!
Site Map | Privacy Policy | About Us | Contact Us
money.co.uk is a trading name of Dot Zinc Limited, who are authorised and regulated by the Financial Services Authority. FSA Registration Number: 415689.
Copyright © www.money.co.uk / Dot Zinc Limited 2002-2008. All rights reserved.
Home | Login | Sign Up