25 Jan, 2010
Gap Year Year
A new survey from PJ Hayman travel insurance has revealed that young people heading off on their gap years are not budgeting properly for their trips, which could leave many of them with large credit card bills to pay on their return.
1,000 people were polled in the survey, which discovered that 53% of those questioned said that £501 to £2,500 was enough for a gap year. However, PJ Hayman says that the average gap year costs between £3,000 and £4,000, according to figures from GapAdvice.org.
This means that many travellers are in for a shock when they get back and find themselves in debt, or worse, when they run out of money whilst they are abroad and have to rely on handouts from their parents.
Peter Hayman, the director of the travel insurance firm, warned travellers that if they are making a budget and were keen to keep the costs down, insurance should remain an essential part of their plan. He
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24 Jan, 2010
Cover New Pet Pet Emergency
Churchill has recently launched a new pet insurance policy called Pet Emergency. It is an even cheaper cover which protects cats and dogs against the costs of unexpected accident and illnesses from only £3.99 per month and with a 10% online discount.
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23 Jan, 2010
Tenants When Tenants
The recession may or may not be over – depending on what you read and whose figures you trust – but for many tenants, especially those who have lost their jobs as a result of the economic downturn, meeting their rent obligations could be a step too far.
In a worst case, this can result in defaults, which could leave you, as a property owner, out of pocket.
Fortunately, it is possible to arrange property owners’ legal expenses and tenant default insurance – as an add-on to your property owners’ insurance – that will pay you the rent you are owed, from one month after the date of default until you manage to regain control of the property with vacant possession (up to 12 months).
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