Archive for June, 2010

Travel insurance policies fall short on cover for airline insolvency

family-on-holiday

A recent report has found that the majority of travel insurance policies fall short on providing holidaymakers with adequate cover should their airline go bust. The financial research discovered that only 20% of the travel insurance policies currently available to UK holidaymakers offered the appropriate cover for policyholders in the event of their airline going [...]

Women less likely to take out comprehensive car insurance

Young-female-driver

Women are less likely to take out comprehensive car insurance when compared to men, according to a recent survey. The research was commissioned by The Post Office and found that just 44% of women had taken out comprehensive cover on their motor, which is significantly less than the 58% of men who did have comprehensive [...]

M&S Insurance wins top customer award

m&s-money

M&S Money is celebrating after winning two top prizes for its insurance policies. More than 10,000 people were questioned as part of the Moneywise Customer Service Award which found that M&S was voted as the Most Trusted Insurance Provider, and named the Best Travel Insurance Provider as well. One of the factors which may have [...]

Greece unveils travel insurance promise to holidaymakers

greece

In a bid to attract holidaymakers to its shores, Greece has outlined a travel insurance promise which will offer protection in the form of accommodation should a visitor become stranded in the country. Following continued industrial action and ash cloud disruption, Greece has taken measures to repair its reputation as a top sunshine holiday destination [...]

Experts predict a hike in insurance rates ahead of budget announcement

budget-box

Experts are predicting a rise in insurance rates ahead of tomorrow’s (Tuesday’s) budget announcement from the Chancellor, George Osborne. Insurers are bracing themselves for the worst as many fear the rate of tax which applies to personal insurance policies could be about to double from its current rate of 5% to raise an extra £2 [...]

Pensioners pay a higher price for car and travel insurance

elderly-man-driving

Consumer group Which? Has conducted research into the cost of travel and car insurance for pensioners and has found that the price of cover soars once the individual moves into a higher age bracket, and in some cases, it’s hard to find a policy to cover them at all. Which? Carried out research of hundreds [...]

Cyclists advised to check their bikes are insured on their home contents policy

bike

M&S Money Insurance is advising cyclists to check that their home contents insurance policy covers their bicycles in case of theft or damage. The comments have been made after the insurance company carried out a survey which discovered that 76% of UK households own at least one bicycle. The poll also revealed that one quarter [...]

Survey reveals how honest motorists are at owning up to car damage

dented-car

A recent survey has been conducted to gauge how honest UK motorists are when it comes to owning up to causing damage to another car. 20% of the 3,000 motorists questioned as part of the poll which was conducted by insurance company Elephant say they wouldn’t own up to causing damage to a parked vehicle. [...]

Home insurance warning to World Cup fans

football-tv

The Post Office has issued a warning to all football fans who are planning to follow all the World Cup from their living rooms. Research carried out by the Post Office has found that a high percentage of these fans will splash out on new items for their home ahead of the month long tournament. [...]

Tips on how young drivers can keep the cost of insurance low

Young-female-driver

The cost of insurance is the biggest hurdle facing young drivers according to a study carried out by I-Kube who specialise in the provision of cover for new drivers. 90% of those questioned as part of the survey said that the cost of cover was the biggest barrier to getting on the road, the expense [...]