RSS FeedRed Sheds to sell travel insurance online National Business Review
The Warehouse is targeting the $90 million market for holiday insurance in a new venture with the country’s largest insurer IAG.
Today, the retailer launched a online travel insurance store offering comprehensive cover for worldwide travel – with The Warehouse’s bargain price promise.
Travel insurance has been available on a small scale throughout Red Sheds stores for eight years, for purchase in four-day blocks.
So far it has captured only 2% of the market, dominated by Southern Cross.
Now, it’s hoping to capitalise on the high volume of weekly traffic to The Warehouse Online and the large number of Kiwis who travel overseas without insurance – an amount the Warehouse estimates to be between 20-40%.
General manager of The Warehouse’s financial services division, Phil Devlin said the company understood many uninsured travellers were unsure where to buy insurance and found the products difficult to understand.
Bargain Holiday Tips - Anyone can use - supplied by Essential Travel
Essential Travel, the travel insurance provider have come up with a selection of tips for finding the best holiday baragains.
Here are a few of them:
Go away for longer: The longer you stay away, the more likely your hotel, car hire company, etc will be to do you a deal. These savings soon add up and mean it could actually be cheaper to go on holiday, than stay at home.
Sign up, sign up: Sign up for newsletters and loyalty programmes from airlines, hotels and travel companies, to find out first about their special deals, discounts and upgrades.
Ditch your travel agent: Booking through a travel agent does give you a certain amount of security, but you pay for that in commission. By dealing with hotels and car hire companies directly, you will generally get better rates.
Research, research, research: Comparison sites allow you to compare prices and availability across all travel channels, so you can pick the best deal, or choose to pay a little extra for the date or destination you want.
Travel at strange times: Some flight comparison sites have a chart that shows you the cheapest day to fly. The general rule? Avoid Fridays and Saturdays - the busiest and most expensive days of the week.
Want to find out more tips from Essential Travel, visit the page at jml-insurance.co.uk
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How to get cheap travel insurance by avoiding high cost airport travel insurance. More travel insurance advice can be found at walletwatchershow.com
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