Travel insurance will certainly continue under pressure, as a new study to be taken recently, showed that many people are planning in the UK, travel insurance from their list of priorities ax. This step, which he said the research by American Express was to be a belt-tightening required to undergo the aggressiveness of the credit crisis could mean more problems for passengers who travel at your own risk. This decision was wise or unwise is the time of the surveymeasured at least one in four Britons.
Considering Travel Insurance is the subject of this discourse, it is also interesting that other segments of the insurance, like life and animals are affected, the possibility of a waiver of the monthly costs seen for many Britons.
Reduce costs to survive the credit crisis, is the right step for everyone who is not consumed by the crisis. But AXING basic needs as "unnecessary services" is what needsbe carefully evaluated before being made.
Reflecting the travel insurance, for example, are forced to seek an option, which is a traveler who is not protected at a time like this, it can be for this? The problem is that there are almost none. This is because one does not accurately predict when an unfortunate event occur, or if it is not. The end is an infinite unknown and unnecessary under the pressure of fear before.
Commenting on this development AmEx Chris Rolland said:"Life is always more expensive, but it is worrying that 48 percent of Britons are planning to return to politics, designed to protect in difficult times."
And knowing the kind of danger could mean that, the expert concluded that there is a false economy, even if you remember that people end up paying much more if they were things that could go wrong suddenly.
There are several recent events that people think twice before cutting travel insurance, butThe desire to save a bit 'of money, at times, wins the battle, as we like to do to be safe, although the situation unstable. For example, the AmEx survey also found that the three most common sources of travel insurance claims were medical issues, flight cancellations and lost or damaged luggage.
What travelers should not fail to remember is that one of these problems can occur at any time without notice, and could suffer much more than whatnormally when they go uninsured.
Earlier this month it was discovered that one of the dishonest practices of the credit crisis will help people to drink ETERMINATION false statement to their insurance company and themselves. The Association of British Insurers said there is an increase in the number of fraudulent claims of its members are facing. The increase is to cook for about 80 percent of customers is to make claims for stolen goods.
This is not only inappropriate, byeven fraudulent and dishonest. While one that is covered largely unpublished as fundamental as any other mode of travel, the use of fraud. This is a bad act committed is that boomerang. And for those who are willing to lower it again to save cost, it is only wise to test the possibility that they could lose more be ensured.
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