Travel Insurance Cut Back – What Manner of Economy?

Travel insurance companies will no doubt be put under further pressure as a new study recently revealed that many people in the UK are planning to axe travel insurance from their priority list. The move, which the research from American Express said was a necessary belt-tightening as the credit crunch aggressively endured, would also mean more trouble for travellers who would be travelling at their own peril. Wise or unwise this decision was at the time of the survey being measured by at least one-in-four Britons.

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