Holiday insurance paid for by piggy
Thu, 09 Feb 2006
Piggy banks are helping many travellers pay for their holiday insurance as more consumers dip in to their savings.
A survey from Birmingham Midshires shows that many people are willing to use their savings to help pay for trips abroad and other luxuries.
Over the last three months, many consumers have turned to their nest eggs to help cover any overspending (33 per cent) or help meet the costs related with going on holiday (21 per cent).
Kevin Mountford, head of savings at Birmingham Midshires said: "Although we know that Brits are savvy enough to ensure they are contributing to their savings on a regular basis, their desire to live a life of luxury is damaging their nest egg."
He added: "Our advice is always to plan ahead when it comes to allocating your savings for the month – ensure you can afford those extra treats to avoid the guilt of raiding what you’ve worked hard to achieve." 
© Adfero Ltd
An online quote will take less than a minute, and you can see just how much you could save.
About this policy
Travel Information
- Holiday Insurance Guide
- Holiday checklist
- Sonar Travel FAQ
- Foreign Money Tips
- Travel Tips with small children
- E111 Form
Sonar Direct Media Centre
- Holiday Insurance Industry News:
- June 06
- May 06
- April 06
- March 06
- February 06
- January 06
- December 05
- November 05
- August 05
- July 05
- June 05
- April 05