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Product category: General insurance
News Release from: American Express | Subject: Travel insurance
Edited by the Insidemoneytalk Editorial Team on 23 July 2008

Think twice before you make a single
trip insurance choice

Recent research has revealed that more than 8 in 10 (85%)

British travellers are buying insurance in preparation for their holiday and 69 per cent are intending to buy an annual multi-trip policy over the next 12 months American Express Insurance Services is encouraging more Brits to consider the cost saving benefits of an annual travel insurance policy rather than a single trip one, while preparing for a holiday abroad

Chris Rolland, Head of American Express Insurance Services commented: "With so many cheap flights and last minute holiday deals available to Britons, taking a mini-break is all the more appealing.

However if people are planning to go away more than once this year, it is far more cost effective to buy an annual insurance policy than numerous single trip products, giving them peace of mind all year round.

"We understand that holiday costs can add up, but by investing in annual travel insurance, Brits will save in the long run and be free to enjoy several breaks throughout the year." For further information on American Express Travel Insurance: Single trip travel insurance (Europe, 1 week in July) is ?17.10 (if bought online).

Annual European travel insurance is ?29.45 (if bought online).

Please contact Connie Jackman or Lindsay Wienand: 0207 269 7190/ 7265 Connie.Jackman@fd.com / Lindsay.Wienand@fd.com.

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