Holiday Extras upgrades cash cover for Greece

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People travelling to Greece this summer are being offered improved insurance to cover extra cash they are being advised to take with them.

The move by Holiday Extras and underwriters Allianz and White Horse follows advice from the Foreign and Commonwealth Office and Abta that holidaymakers take additional funds with them as ATMs and banking services may be limited.

The complimentary insurance upgrade people travelling to Greece nearly doubles the cover for cash.

The company’s 2,000 Premium, Essential Superior and Essential Plus policyholders travelling to Greece and new policyholders leaving before September 1 will automatically receive increased cover for cash, from £300 to £500 per person; £250 to £400 per person; or from £200 to £350 respectively.

Holiday Extras is also offering free of charge FairFX currency cards which can be pre-loaded with money in the UK and can be used as a back-up to carrying large amounts of cash.

Chief executive Simon Hagger said: “Greece is a fantastic holiday destination and the country will certainly be very keen to welcome tourists this summer.

“Given the financial situation travellers will be carrying more cash with them than normal, so we’ve upgraded our insurance policies to help cover this and of course recommend all the usual precautions when carrying cash abroad.”

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