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Home » Finance » Insurance » Plan ahead for London 2012
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Plan ahead for London 2012

Submitted by k_mcgregor
Sat, 1 Nov 2008

Well done Team GB! The excellent results of Team GB in the Beijing Olympics can only be a great boost to British Tourism and help to promote the UK. Tourist Industry Chief Executive, James Bidwell, has commented that "these results will only energise the British public ahead of our own London games in 2012. The majority of visitors to London 2012 will be domestic visitors and no doubt great sporting expectations and results will help us to deliver the 2012 tourism legacy." What’s more, a recent study by Oxford Economics estimates there will be around a million visitors to London for the Olympics in 2012, of these more than half will be UK residents. The current credit crunch is biting hard but given that 2012 is four years off, the economic cycle will have moved on and the games in London will no doubt be played in sold out arenas.
As tickets for the games are likely to sell out well in advance of the opening ceremony, there will undoubtedly be people who buy the tickets but then, through illness or accident, are unable to attend but have already spent a considerable amount on London accommodation and the tickets. So always be on the safe side and, when you book your tickets and accommodation for 2012, make sure you have a travel insurance policy which will specifically cover you for this eventuality. Most travel insurance policies will offer cover for UK holidays, provided a minimum of 2 or 3 nights pre-booked accommodation has been paid for, but do check the small print beforehand to know what the cover includes. Above all of this, it is vital you have a comprehensive travel insurance policy incase the worth was to happen.

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