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LV= launches new travel insurance policies

With summer fast approaching, LV= has announced the release of two new travel insurance policies. The insurance provider policies are for annual cover and for a single trip, with both providing medical cover for up to £10 million. Also included is personal possessions cover of £2,500, £5,000 for cancellation, £500 for loss of money, £250 to cover delays and legal expenses of up to £25,000. John O'Roarke, managing director of LV= General Insurance, said: "We know that travel insurance isn't the most exciting part of going on holiday but it is an essential part of any foreign trip."Holidaymakers spend thousands of pounds on foreign holidays, and by getting travel insurance they are protecting themselves should the trip need to be cancelled or if the unexpected happens overseas."Earlier this week Thomson's parent company, travel agents TUI, claimed that sales of summer holidays are up nine per cent over the last six weeks compared with the same period last year. Ms Flint's papers also revealed that she plans to "announce a package of measures to assist first time buyers" today.

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