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Big brand protection, small price tag

11th May 2007 Print
American Express Annual Budget European Travel Insurance now costs a single adult just £30 and family cover costs £49 from americanexpress.co.uk. This offer represents a 40%+ saving on the usual price of £52 for a single adult and £89.99 for a family.

Budget airlines now serve over 200 destinations in Europe from Stockholm to Malaga and with a strong Pound relative to the Euro, we are travelling more than ever. In the first quarter of this year visits abroad are up 3% to 17.2m and a staggering 8.85 million of these have been to Europe.

The government research is consistent with American Express’ own findings. A poll of 10,000 customers revealed an overall 3% rise in all trips planned for 2007 with the majority of the growth – 12% - coming from the short break (i.e. under five days) category. One quarter of respondents were planning to visit family, whilst nearly a fifth (19%) friends.

Joanne Field, Marketing Manager, American Express Insurance Services: “Discount air fares have dramatically increased our ability to travel and visit family and friends abroad – even just for the weekend. For frequent European travellers, Annual Budget offers convenient, fundamental protection for these quick getaways with 93 days cover that’s over 46 weekend breaks a year!

“As the average family holiday is £2,500, a family of four would effectively have £4,000 of cancellation and curtailment cover – one of the big claim areas.”

Policy benefits PER PERSON include:

Medical Emergency & Repatriation - £2 million
Cancellation & Curtailment - £1,000
Lost Luggage - £1,000
Personal Accident - £10,000
Money - £200
Personal Liability - £1 million
Travel Delay - £100

Annual Budget offers individual adults or families cover for trips up to 31 consecutive days with a total of 93 days cover throughout the policy year. Legal advice is included with the policy as well as the use of American Express personal assistance services which includes help and advice on destinations, emergency money access and message relay.