With the holiday season just kicking in people need to be aware of the possible hidden financial costs that could arise when they are abroad.
Money News the consumer financial news Website gives valuable up to date articles on a range of money issues including banking and insurance. Money News Website is updated daily with the latest news for the financial industry and is an excellent tool for keeping up to date with a range of money issues.
Axa Insurance states that over 2 million people have not bothered to obtain travel insurance for holidays abroad, including activity breaks. A lack of appropriate cover could mean that a significant number of people will end up with extra holiday costs in the event of unforeseen accidents and problems abroad.
The Association of British Insurers estimates that 95% of complaints are dealt with directly by the insurance provider, equalling over 30,000 travellers were dissatisfied with their insurance cover in 2005 and the Financial Ombudsman Service released details stating that the number of serious holiday insurance claims has doubled in the last five years.
Accessing Money News up-to-date money and insurance news enables UK holidaymakers to keep ahead of the latest developments to better enable them to not be disappointed by their travel insurance provider at the end of their trip abroad.
The Money News Website is RSS enabled to allow users to be kept abreast of the latest holiday insurance and travel insurance news.
Register for Media Alerts to receive forthcoming news from Elemental Communications and its clients.
This press release is available in PDF, plain text and Word formats in the Media Centre. Photographs are available of the Elemental Communications team in the Images section.
The media spokesperson for Money News is Dan Winchester, managing director.
About Money News
Money News is an independent publisher of financial news for the UK consumer.
Money News caters for banking, credit cards, debt, general finance, housing market, insurance, loans, mortgages, pensions and personal loans news. Money News delivers up-to-date data, information and breaking news on the products, providers and services in the financial markets.
News stories are added daily and are available as Money News RSS feeds.