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 in the summer months. But AXA warns that increasing numbers of people able to organize their vacation leave themselves exposed despite taking out travel insurance.

Aboutrecent years the number of independent travelers, has exceeded the number of travelers on vacation. 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 coverage,AXA are addressing, covering and its independent travelers, available with AXA travel insurance from their website axa.co.uk / travel insurance.

The new product is the possibility of extension to cover just a supplement of £ 10 a year for the European coast. Covers travelers for a number of areas, such as problems with flight cancellations or delays, missed connections or the customer is denied boarding.

With a tour package, tour operator or travel agent is legallyrequired to make suitable alternative arrangements 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 customer if things go wrong, will help to provide - things thatusually picked up 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. "

Optional additional coverage offered by this extension contains a compensation for the delayed startDelays of more than 5 hours that occur starting point for all connecting flights or booked public transportation on both outward and return journeys.

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