Insurance provider, AXA, travel insurance independently initiated, despite the current turmoil in financial markets that has caused the credit crisis.
Despite the increasing economic gloom, the holiday season is approaching and millions of British citizens are preparing to go abroad during the summer. AXA, but warns that people are increasingly organizing their vacation leave despite the completion of a suspension of travel > Insurance.
In recent years the number of independent travelers, the number of passengers vacation package is obsolete. They have access to the Internet and low-cost carriers has helped to grow this trend - built in 2006, more than 16 million independent travelers abroad for the holidays from April to September.
However, insurance has not kept pace with the determination of the profile of change of British tourists and independent travelers may find that there are gaps in their>insurance cover, which AXA are addressing with their Independent Travelers cover, available with AXA travel insurance from their website, axa.co.uk/travelinsurance.
The new product is an optional extension which costs as little as an additional £10 for annual European cover. It covers travelers for a number of areas such as problems with flight cancellations or delays, missed connections or the customer being denied boarding.
With a package holiday, the tour Operator or travel agent is legally obliged to carry out appropriate alternatives for such eventualities, but the independent traveler and have to pay for your system.
Edward Dutton, AXA Insurance Personnel Director, said: "We are aware of our area that supports independent travelers who have problems with their travel insurance and enforcement of a recent report from Defaqto underlined the need for insurers to cover that will help offer customerswhen things go wrong - things that are normally collected by a tour operator or travel agent if it is a package.
Dutton continued, "We believe that the increase in independent hospitality is something that should concern all insurers, such as the Ombudsman pointed out in its latest report -" There is a clear discrepancy, which want to offer insurance and coverage that consumers believe they are buying. "
The additional coverage offered this optionExtension has booked the flights delayed compensation for delays of more than 5 hours occurring point of departure for all flights or public transport on both outward and return journeys.
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