insurance

UK travel insurance market contracts in wake of coronavirus | News

A important range of the major insurers in the United kingdom have pulled out of the vacation coverage market place considering that the coronavirus pandemic sparked vacation chaos about the world, Which? has identified.

The buyer organisation contacted 75 coverage providers to create if and how they have been amending their provision of vacation coverage adhering to the international outbreak of coronavirus.

The researchers identified that 31 insurers, including effectively-known businesses this sort of as Aviva, LV= and Direct Line, have quickly suspended the sale of vacation coverage to new consumers as a end result of the pandemic.

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