Released on: February 13, 2008, 1:48 am

Press Release Author: Henry Bell

Industry: Financial

Press Release Summary: Insurance B is a reliable insurance provider in the UK.

Press Release Body: Many travellers opt for worldwide travel insurance as this kind
of insurance does not put any geographical boundary on the cover given by the
insurance policy. As fuel costs were at an all-time high few days back, many
insurance agencies started increasing the amount of premium for such covers.
However, with the ease in the price of fuel, some of them have started shelling out
the benefit of the lessening of fuel costs to the policyholders.

In a conference held for the promotion of worldwide travel insurance, marketing
manager of Insurance B, Mr. John Smith said "After the increase in the premium for
our worldwide travel insurance policies due to price hike in fuel, we found that the
demand for this policy have decreased drastically. Today, a traveller prefers common
travel insurance policy than a worldwide travel insurance policy. Taking into
account that it would significantly affect our finances, we have decided to lower
the prices plus increase the level of cover, so that we can cover up the lost
ground."

In the above statement promulgated by Mr. Smith, he tried to convey that it was not
their wish but the hike in the oil prices which was to blame for the rise in the
premium for worldwide travel insurance prices. He is of the view that by increasing
the cover plus decreasing the level of premium the company would be able to bring
back the growth, this particular segment has been lacking for quiet sometime.
Nevertheless, how this strategy would help it bring back lost clients would be only
known in future.

Insurance B is a reliable insurance provider in the UK. Various insurance policies
are made available at Insurance B such as worldwide travel insurance, car insurance,
medical insurance, life insurance, motorcycle insurance and mobile insurance etc. To
know more about its insurance policies visit http://www.insuranceb.co.uk

Web Site: http://www.insuranceb.co.uk

Contact Details: K 33

Park Row

Nottingham

Nottinghamshire

NG1 6GR

115 949 1950