LV Insurance Offers Extensive Cover for Travellers

Yesterday, on December 1st, one of the leading UK insurance companies, Liverpool Victoria, also known as LV Insurance, announced the launch of an all-new travel insurance.

Unlike many other protection policies offered by UK insurers, this one covers financial loss caused by the end supplier going into administration.

According to LV Insurance, the current unstable economic climate makes it rather possible that an airline or a hotel will go bankrupt, which will leave travellers without a place to stay or a way to get to their destination.

The new travel insurance policy covers these losses for up to 1,000 pounds. Also, it features a 5,000 pounds excursions cover.

Commenting on the launch of the new product, John O’Roarke, managing director at LV travel insurance, highlighted: "Many of the policies now on the market do not fully meet travellers’ needs today and we saw an opportunity to develop a product that did. The new Premier Travel Insurance policy has been designed for the modern traveller to provide complete peace of mind while on holiday."