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As uncertainty around travel continues, it has never been more important for holidaymakers to have the right travel insurance. Fortunately, choosing the best travel insurance deal has just become easier with Moneyfacts revealing its Travel Insurance Star Ratings for 2021 today.
The Moneyfacts Travel Insurance Star Ratings 2021 independently analyses all the travel insurance products on the market to determine which will be awarded its five and four-star rating. Despite the pandemic’s impact on the travel industry, this year saw an increase in the number of annual and single policies assessed, rising from 649 to 862.
This increase has resulted in a 61% increase in the number of deals awarded a five-star rating and a 42% increase in the number awarded a four-star rating.
As well as this, the number of fields that were analysed to determine which policies would be given a star rating increased by 16, many of which focused on the inclusion of COVID-19 cover.
Among the travel insurance companies that have been given a five-star rating are CoverWise, Go Walkabout Travel Insurance, Saga and Santander.
A full list of the 2021 travel insurance star ratings can be found here.
Commenting on this year’s travel insurance star ratings, Samantha Owens, star ratings & personal finance analytics manager at Moneyfacts, said: “As the travel insurance market returns to near pre-COVID-19 numbers and confidence is rising around the possibility of travelling abroad this year, more than ever consumers will be looking to cover their trips should the worst happen.
“But, trying to find the best product for each person’s specific needs in the current market continues to be challenging, especially for those concerned about COVID-19 cover.
“The annual Moneyfacts Travel Insurance Star Ratings has taken some of the hard work out of this task by looking at those products currently available in the market and highlighting those that are the most complete, and that have the widest range of features and most competitive limits. This allows customers to narrow their search, focussing their attention on the most suitable cover for them.”
Numerous features are considered when assessing the ratings, and some of these include:
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
Just over one in five Brits are planning on taking a holiday during the upcoming Queen’s Jubilee weekend, according to Barclaycard’s latest Consumer Spending Index. Of this number, 84% of respondents are planning a trip abroad. “While concerns around rising household bills may continue to hamper spending on non-essential items, the upcoming Platinum Jubilee Weekend and summer months should provide opportunities for Brits to spend on celebrations and make the most of warmer weather,” said José Carvalho, Head of Consumer Products at Barclaycard.
Just over one in five Brits are planning on taking a holiday during the upcoming Queen’s Jubilee weekend, according to Barclaycard’s latest report.
With the long Easter weekend fast approaching, and summer on the horizon, many of you are probably thinking of taking a city break. However, with the cost of living showing no signs of slowing down, financing this holiday could become complex for some families. This is why some are considering a personal loan, or “holiday loan”, to help finance their getaway trip. Below we have discussed what you should know if you are considering a holiday loan.
Matt Tristram, of Loans Warehouse, spoke to Moneyfacts about the advantages of using a “holiday loan” to finance your getaway.
As the Easter Bank Holiday approaches, holidaymakers who are planning to take a trip to Europe may also want to plan how they are going to spend their cash abroad. As the options for travelling abroad expand for many consumers, the upcoming Bank Holiday could be the perfect time for a trip to Europe.
As the Easter Bank Holiday approaches, holidaymakers who are planning to take a trip to Europe may want to plan how they are going to spend their cash abroad.
Just over one in five Brits are planning on taking a holiday during the upcoming Queen’s Jubilee weekend, according to Barclaycard’s latest Consumer Spending Index. Of this number, 84% of respondents are planning a trip abroad. “While concerns around rising household bills may continue to hamper spending on non-essential items, the upcoming Platinum Jubilee Weekend and summer months should provide opportunities for Brits to spend on celebrations and make the most of warmer weather,” said José Carvalho, Head of Consumer Products at Barclaycard.
Just over one in five Brits are planning on taking a holiday during the upcoming Queen’s Jubilee weekend, according to Barclaycard’s latest report.
With the long Easter weekend fast approaching, and summer on the horizon, many of you are probably thinking of taking a city break. However, with the cost of living showing no signs of slowing down, financing this holiday could become complex for some families. This is why some are considering a personal loan, or “holiday loan”, to help finance their getaway trip. Below we have discussed what you should know if you are considering a holiday loan.
Matt Tristram, of Loans Warehouse, spoke to Moneyfacts about the advantages of using a “holiday loan” to finance your getaway.
As the Easter Bank Holiday approaches, holidaymakers who are planning to take a trip to Europe may also want to plan how they are going to spend their cash abroad. As the options for travelling abroad expand for many consumers, the upcoming Bank Holiday could be the perfect time for a trip to Europe.
As the Easter Bank Holiday approaches, holidaymakers who are planning to take a trip to Europe may want to plan how they are going to spend their cash abroad.
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