Brits 'ignore travel cover details'

As many as one in eight people are unaware of what their travel insurance cover actually entails, according to MoneyExpert.com.

Travellers were warned by the site that their blissful ignorance of the terms of their insurance policy could cost them dear – and was inexcusable with so much choice around.

Surprisingly, the site's research revealed that 34 per cent of people would not expect to be refunded for flight delays or cancellations, while a full 97 per cent of travel insurance policies offered at least partial compensation for transport woes.

Sean Gardner, chief executive of MoneyExpert.com, said: "With people travelling to increasingly exotic destinations and keen to do ever more adventurous activities while abroad, it's a worry that many don't understand what they'll be covered for.

"Obviously a white water rafting holiday poses more of a risk than a beach holiday in Spain so it's vital that people consider exactly what activities they're going to be doing, and then choose their policy accordingly."

He added that those ignoring the small print of their cover could risk a serious pay out, suggesting that the huge number of available insurance deals should mean that those who do their research can always find a relevant deal.