Travel insurance holders 'ripped off during half-term holidays'

Thursday, 03 March 2011

Travel insurance policyholders are ripped off when they go on holiday during the school half-term breaks, new research has revealed.

A holiday for two adults and two children to the Canary Islands in the February half-term week costs £6,339. However, the same holiday a week later costs a whopping 269 per cent less – £1,720, research from Santander Credit Cards revealed.

On average, a holiday to Crete next week costs 53 per cent more than in March, while a week at the H10 Rubicon Palace in Lanzarote was £4,619 more from February 19th than from March 5th.

Santander, which used holiday website Expedia to compile the findings, said: "It's hard to justify such premiums."

However, Expedia claimed it was due to demand, with a spokesperson adding: "Our advice is to look at less traditional destinations."

Recently, Kevin Harrington, managing director of Global Prepaid Exchange, advised people to take prepaid credit cards on their holiday to ensure their money is safer.

Posted by Noel Martin

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