Money News delivers travel insurance news for holiday makers

Released on = August 8, 2006, 3:56 am

Press Release Author = Elemental Communications

Industry = Financial

Press Release Summary = Consumer financial news Website Money News delivers travel
insurance news for holiday makers

Press Release Body = London, UK ---- With the holiday season just kicking in people
need to be aware of the possible hidden financial costs that could arise when they
are abroad.

Money News http://www.moneynews.co.uk the consumer financial news Website gives
valuable up to date articles on a range of money issues including banking and
insurance. Money News Website is updated daily with the latest news for the
financial industry and is an excellent tool for keeping up to date with a range of
money issues.

Axa Insurance states that over 2 million people have not bothered to obtain travel
insurance for holidays abroad, including activity breaks. A lack of appropriate
cover could mean that a significant number of people will end up with extra holiday
costs in the event of unforeseen accidents and problems abroad.

The Association of British Insurers estimates that 95% of complaints are dealt with
directly by the insurance provider, equalling over 30,000 travellers were
dissatisfied with their insurance cover in 2005 and the Financial Ombudsman Service
released details stating that the number of serious holiday insurance claims has
doubled in the last five years.

Accessing Money News up-to-date money and insurance news enables UK holidaymakers to
keep ahead of the latest developments to better enable them to not be disappointed
by their travel insurance provider at the end of their trip abroad.

The Money News Website is RSS enabled to allow users to be kept abreast of the
latest holiday insurance and travel insurance news, its feed can be found at
http://www.moneynews.co.uk/rss/rss.xml.

----Notes to editors----

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This press release is available in PDF, plain text and Word formats in the Media
Centre. Photographs are available of the Elemental Communications team in the Images
section.

The media spokesperson for Money News is Dan Winchester, managing director.

About Money News
http://www.moneynews.co.uk

Money News is an independent publisher of financial news for the UK consumer.

Money News caters for banking, credit cards, debt, general finance, housing market,
insurance, loans, mortgages, pensions and personal loans news. Money News delivers
up-to-date data, information and breaking news on the products, providers and
services in the financial markets.

News stories are added daily and are available as Money News RSS feeds.

Web Site = http://www.moneynews.co.uk

Contact Details =
Elemental Communications

Tim Gibbon, Director
Mobile: +44 (0) 7930 375 663

Email: mediacentre@elementalcomms.co.uk

Telephone: +44 (0) 870 745 9292
Fax: +44 (0) 870 745 9293

Website: http://www.elementalcomms.co.uk

Address: Second Floor, 145 -157 St John Street, London, EC1V 4PY, England, UK

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