The Post Office has said its travel Insurance sales have surpassed pre-pandemic levels for the first time, following “surge in demand” after restrictions eased on international travel.
In the three weeks to November 7, the Post Office sold almost 5% more policies compared with the same period in 2019, before the pandemic began.
Sales of policies – which are available in branch, via a call centre or online – were also up 651% on the same period last year.
Compared with May this year, sales of policies in September were up 612%, and those in October were up 560%.
Since April, trips to Europe account for approximately 36% of policies sold, followed by about 35% for the rest of the world and 28% for the UK.
Ed Dutton, product portfolio director for financial services at the Post Office, said: “Notably, we saw rising sales later in the summer. Usually, they are falling at this point because growing numbers of people have already enjoyed their summer holiday.
“However, pent-up demand, our highly regarded brand and attractive product features appear to have produced strong upward momentum throughout the summer, with strong sales continuing into autumn.”
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