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Travel insurance specialist Holidaysafe.co.uk has today announced that it will extend the cash limit cover on all policies for travel to Greece from 1st July – 30th September 2015 to £500 per person, matching it with its ‘Premier’ policy,
This follows research conducted by Holidaysafe which showed that 61% of respondents said that they were planning on travelling with more cash in light of the potential ‘Grexit’. Furthermore, over one in five (22%) travellers to Europe said that they would consider changing holiday destination if the Eurozone crisis continues to escalate over the coming months.
The findings also showed that, on average, travellers carry £400 worth of currency when on holiday, with many respondents stating that they carry up to £2,000 worth of Euros for family holidays.
The Foreign, Commonwealth & Development Office (FCDO) is advising travellers heading to Greece to take “sufficient euros in cash to cover the duration of your stay, emergencies, unforeseen circumstances and any unexpected delays.”
Amber Howard, brand manager of Holidaysafe.co.uk, said: “With the financial crisis in Greece affecting access to cash from ATMs, Holidaysafe.co.uk recognises that people will be following the FCDO’s advice and taking more cash with them. In light of this, we have extended our cash cover limit on all policies to £500 per person – meaning that a family of four will be covered for £2,000 throughout the summer months when travelling to Greece.
“We hope that this will give our customers peace of mind, but would also advise that they take all necessary precautions, such as keeping cash on your person when not securely locked away in a safe.”
*Research conducted by Holidaysafe.co.uk surveyed 6,084 customers of which 547 consumers responded.
For more information please contact our press office.*Please note, Holidaysafe's online prices automatically include a 15% discount against our Customer Service Centre prices. This code entitles you to an additional 5% off your policy, and is a discount from the base price, not including the additional cost of optional extensions or any additional medical premium.
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