A quarter of Brits going away without travel insurance
26 January 2009 08:52
More than one in four Brits will be jetting off on their summer holidays soon without travel insurance, new research has concluded.
Research from Sainsbury's Travel Insurance has found that 27 per cent of Brits, which equates to 13.4 million people, will not have travel insurance for their summer break.
The key reason for the skipping travel insurance for 18 per cent of people is that they can't afford the cover, but 31 per cent will fail to take out the cover because they deem it unnecessary.
Adults aged between 55 and 64 are the most likely to go without travel insurance, with 32 per cent of this age bracket braving that they won't require the insurance.
Steve Johnson, head of insurance at Sainsbury's Finance, said: "It's extremely concerning to see how many people are neglecting to take out insurance when going away on holiday.
"It's a false economy to do without it and should be regarded as a holiday essential, just as important as packing your passport. Although in the current climate people are understandably looking at ways to reduce their outgoings, insurance is one thing that should not be omitted."
An article in the Guardian recently declared that taking out travel insurance "was an important part of planning a trip abroad".