Equality Bill 'to prompt travel without holiday insurance'
24 March 2009 09:36
Debate surrounding the impact of the Equality Bill on the travel insurance industry continues to rage, with one expert suggesting it will prompt more holidaymakers to head abroad without adequate cover.
Announced in the Queen's Speech last December, the proposed legislation aims to ensure that age is no longer used as grounds for discrimination by insurance companies.
The Association of British Insurers has already claimed that the bill could cause premiums to rise for travellers of all ages.
Speaking to Travelbite.co.uk, insurance provider AllClear joined the voices of discontent, arguing that increased costs will encourage more people to travel without holiday insurance.
Chris Blackman, head of product development at the company, told the travel website that the many travellers could be left relying on their European Health Insurance Card for medical cover.
"With the recession biting, many people will have a limited budget for their holiday and a hike in the price of insurance could mean they decide to take a flyer and go without any cover at all," he said.
Earlier this month, the ABI published a report suggesting that 98 per cent of older customers can already find travel insurance - from this fact, they suggested that the new bill is both unnecessary and unfair.