New Churchill travel insurance launched

Churchill has launched a new travel insurance package which it says will result in significant cost savings for travellers.

The Churchill travel insurance package allows holidaymakers to purchase their travel insurance by the day, meaning that no days are "wasted" through having to buy weekly or fortnightly cover.

The launch follows research from Churchill which shows that 11 million travellers in the UK are paying up to twice as much as they need to for their travel insurance, resulting in a waste of up to £546 million a year.

Churchill claims that virtually no other provider offers such a tailor-made insurance product.

Churchill's head of travel insurance, Julie Owens, said: "With our product, you save money by buying only what you need. If you travel for four days, you pay for four days. With many other outlets you have to pay for clumsy blocks of cover.

"Our offer is very simple and really challenges travel agents to change the way that they sell insurance."

The Churchill travel insurance package also offers an interest-free instalment option for annual policies, flexible policy groupings including discounts for unmarried couples, and the option of extra cover for golfing holidays, weddings and winter sports.