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Holidaying without travel insurance 'a false economy'

25 February 2009 06:02

Holidaying without travel insurance 'a false economy'

Going on holiday without travel insurance can be a tempting proposition for cash-strapped Brits, but doing so could prove disastrous in the long run.

That is according to the Daily Mail, which suggests that those who do not buy holiday insurance or purchase the cheapest policy they can find are creating a false economy for themselves and their families.

The newspaper explained that the costs of medical bills and repatriation in foreign lands can mount up to tens of thousands of pounds.

"Buy a policy on price alone and you may find that it has stingy levels of cover, punitively high excesses that make it pointless to claim … and endless exclusions that severely reduce the chances of any payouts anyway," it added.

Not all is doom and gloom for the roaming public however, as there are decent policies available at "very reasonable rates" to most travellers, the Daily Mail concluded.

Recently, the Independent warned holidaymakers to check the small print on their policies after it was revealed that many people are not covered in the event that their airline collapses.ADNFCR-1320-ID-19039442-ADNFCR