The cover of travel accidents through insurance on a credit card has increased by some ?23 if looking only on the last 10 months, concludes an analysis carried out by MoneyExpert.com. Yet these aspects are unknown to users who tend to take profit of the services quite often. Last month about a third of holiday makers using credit cards decided to use this tool as a payment method. Many of these however aren’t aware that the insurance is covered in the credit card use and could pay for it separately, which rises a small problem.

It must be known that about three quarters of all credit cards offer travel insurance, this means medical, travel and accommodation insurances in the case of an accident or injury, so there’s a great chance that you as a customer benefit from all these, you don’t need to spend extra money on insurance. Seen in numbers, the growth in such a cover has meant a shifting from ?84,534 to ?107,547 over the last ten months, a truly noticeable improvement.

Yet the current problem, as mentioned earlier is that the ones who benefit of these services aren’t aware of them, they should check and avoid paying for a service that has already been included.

Statistics show about a million people appealing to a every single month so the ones in charge with keeping the clients interested need to have a great imagination concerning services offered. One inspired move is the introduction of luggage cover. Of course clients who benefit from this great service are still few, but the numbers offered have doubled from eight to sixteen in the same last ten months. If you’re one of those fortunate beneficiaries of this great gesture you might get a ?1,168 sum of cover, this is six times higher than the amount of money you would have received last April. Even so, this is not an invitation to be les careful with your bag, so take care of it all the time.

Producers of credit cards advice their clients to developing a mentality of checking the product that they use, in this case credit cards and their entire array of services. Buying and using specialist credit cards is not enough, knowing what they do is a must.

According to the MoneyExpert.com, the platinum credit cards are the most profitable. They offer as much as ?350,000 for travel insurance. 122 different cards make you glad with a cover of ?100,000 at best and ?25,000 in the worst case.

Nowadays just 56 credit cards don’t include travel insurance in their standards.