Call for an instant quote 0345 90 80 161
Open Mon to Fri 09:00 - 17:30 | Sat 09:00 - 16:00 (GMT)
28 January 2016 08:11
Cancelled flights can be covered by travel insurance
Travel insurance policies paid out to the vast majority of claimants in 2013 and 2014, newly published figures show.
And the Association of British Insurers (ABI) says for those successfully making a claim on their travel insurance, the typical payout was £884.
Its figures show that 87% of those who claimed on a travel cover policy received a payout over the two-year period.
The ABI has carried out the analysis to help customers understand what their policies cover them for, in the hope that this will result in an even higher number of successful claims.
Among travellers who were unsuccessful, failing to declare a pre-existing medical condition that resulted in the claim being made was one of the commonest mistakes made.
Holidaymakers could avoid that happening to them by taking out a specialised pre-existing medical conditions travel insurance policy.
Other common reasons for claims being declined include people being unable to provide evidence for the loss of items, cancellations not falling within the scope of their cover, and claims not being above the policy's excess.
The research forms part of the association's bid to make the industry more transparent and increase the public's trust in insurance companies. The move was announced by its chairman, Paul Evans, at the ABI's conference last autumn.
The ABI's director general, Huw Evans, says firms want their customers to be confident that their claims will result in payouts in their hour of need.
That, he adds, can only be achieved if the industry tells people how many claims are successful and why those that are not fail.
Mr Evans says the association will be using its analysis of the figures to run awareness campaigns aimed at further improving payout rates.
The ABI figures also show that in the motor insurance sector, all but 1% of claims were successful during 2013 and 2014, with the payouts averaging more than £2,100.
20 September 2017
Thousands of Ryanair flights have been cancelled over the next six weeks, as the airline says it "messed up" allocation of its pilots' annual leave.
[more...]
19 September 2017
Manchester's Girlguides are being urged to help the elderly with a new badge incentivising youngsters to tackle senior loneliness.
16 September 2017
Holidaymakers are being evacuated as winds up to 200km per hour hit Central Vietnam, with Typhoon Doksuri damaging houses, roads and infrastructure.
15 September 2017
People in parts of East Anglia are eight times more likely to survive liver disease than Blackpool residents, according to new data by Public Health England (PHE).
14 September 2017
A non-invasive alternative to gastric bypass surgery that helps people with Type 2 diabetes lose weight is being recommended for widespread use by NHS experts.
13 September 2017
Almost half of UK adults travelling to areas at risk of malaria are not covering themselves by taking medication, despite recommendations made by the NHS and world health organisations.
12 September 2017
A new health warning has been issued by scientists in Sweden, suggesting e-cigarettes with nicotine could lead to an increased risk of heart attacks and strokes.
09 September 2017
Researchers have developed a futuristic pen-like device that can tell whether someone has cancer much faster than current technology.
08 September 2017
A staffing crisis in the NHS is seeing cancer patients turned away from their GP surgery and instead visiting A&E, a report has claimed.
07 September 2017
Whether it's binge-watching box-sets, shopping for clothes, chatting to friends or picking up work emails, staying connected is pretty much essential to everyday life.
06 September 2017
Around 1 in 2 GPs do not know that black men have a higher risk of developing prostate cancer, research has suggested.
05 September 2017
Many middle-aged men have hearts in a condition that makes the organ seem older than the men's actual age, a new study has revealed.