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Travel Metrics: Consumer Approaches to Travel Insurance and Assistance in the UK

Table of Contents

0.0 EXECUTIVE SUMMARY

Older travellers are more likely to be covered by travel insurance policies

Market concentration is very low, with no single provider being particularly dominant

Direct sales account for around half of all distribution of stand-alone travel policies

Travel policies packaged with banking products exhibit the highest claims frequency

1.0 INTRODUCTION

Research rationale

European consumer research

Travel insurance and assistance

Other topics

Other international research reports

2.0 SURVEY ANALYSIS

Introduction

Underlying travel market

Frequency of travel

Frequency of travel, segmented by age

Frequency of travel, segmented by income

Uptake of travel insurance and assistance

Proportion of travellers who are covered by travel insurance

Proportion of travellers who are covered by travel insurance, segmented by age

Proportion of travellers who are covered by travel insurance, segmented by income

Types of consumers who buy the most travel insurance

Main reasons why uninsured travellers do not acquire travel insurance

Characteristics of travel insurance and assistance

Risks covered by travel insurance

Providers of travel insurance

Distribution of travel insurance and assistance

Types of travel insurance and assistance policies held

Types of travel insurance and assistance policies held, segmented by age

Types of travel insurance and assistance policies held, segmented by income

Distribution channels used for stand-alone travel insurance

Distribution interfaces used for stand-alone travel insurance

Cross-tabulation of distribution channels and interfaces used for stand-alone policies

Time of acquisition of stand-alone travel insurance

Travel insurance and assistance claims

Frequency and outcome of travel insurance claims, segmented by age

Frequency and outcome of travel insurance claims, segmented by income

Frequency of travel insurance claims, segmented by type of policy

Main reasons for travel insurance claims

3.0 APPENDIX

Research sample statistics

Research structure

LIST OF GRAPHICS / TABLES

% of respondents in the UK undertaking significant travel during the preceding 24 months, 2006 and 2010 

% of respondents in the UK undertaking significant travel during the preceding 24 months, segmented by age, 2010 

% of respondents in the UK undertaking significant travel during the preceding 24 months, segmented by annual household income, 2010 

% of travellers in the UK who were covered by travel insurance, 2006 and 2010 

% of travellers in the UK who were covered by travel insurance, segmented by age, 2010 

% of travellers in the UK who were covered by travel insurance, segmented by annual household income, 2010 

% of all travel insurance policies purchased by each age and annual household income segment, UK, 2010

Main reasons why uninsured travellers in the UK did not acquire travel insurance, 2006 and 2010 (data) 

Main reasons why uninsured travellers in the UK did not acquire travel insurance, 2006 and 2010 

Risks covered by travel insurance and assistance in the UK, 2010 

Travel insurance providers identified by respondents in the UK, 2010 

Types of insurance policy held by insured travellers in the UK, 2006 and 2010 

Types of insurance policy held by insured travellers in the UK, 2006 and 2010 (data) 

Types of insurance policy held by insured travellers in the UK, segmented by age, 2010 

Types of insurance policy held by insured travellers in the UK, segmented by annual household income, 2010 

Types of insurance policy held by insured travellers in the UK, segmented by age and annual household income, 2010 (data) 

Distribution channels used for stand-alone travel insurance in the UK, 2010 

Distribution channels used for stand-alone travel insurance in the UK, 2006 and 2010 

Distribution interfaces used for stand-alone travel insurance in the UK, 2006 and 2010 

Cross-tabulation of distribution channels and interfaces used for stand-alone travel insurance in the UK, 2010 

Time of acquiring stand-alone travel insurance relative to time of booking travel, UK, 2006 and 2010 

Frequency and outcome of travel insurance claims in the UK, segmented by age of claimant, 2010 

Frequency and outcome of travel insurance claims in the UK, segmented by annual household income of claimant, 2010 

Frequency and outcome of travel insurance claims in the UK, segmented by age and annual household income of claimant, 2010 (data) 

Frequency of travel insurance claims in the UK, segmented by type of policy, 2010 

Main reasons for travel insurance claims in the UK, 2010 

UK survey sample (1,000 individuals), segmented by age group and annual household income band 

 

9.0 APPENDIX 

European survey sample (6,000 individuals), segmented by age group and annual household income band

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