Holidaymakers believe 'it won't happen to them'
26 January 2009 08:50
Many holidaymakers are putting their faith in the 'it won't happen to me' mentality of thinking and not taking out travel insurance for their trips, it has been stated.
Research from Moneysupermarket.com has found that one in every seven British travellers have never taken out travel insurance to cover them on a holiday, meaning they will have to foot the costs of lost belongings or cancelled flights.
At the other end of the spectrum, 53 per cent of Brits take out travel insurance every time they set off on holiday.
Also a quarter of respondents admit to only taking out travel insurance for journeys outside the UK, while ten per cent do so just for long haul trips.
Peter Gerrard, head of insurance research at Moneysupermarket.com, said: "The excitement of getting away and spending time in the sun, seems to push travel insurance to the back of holidaymakers' minds. Taking this risk is not such a good idea considering four-fifths (81 per cent) of Brits fall ill whilst on holiday."
He added that travel insurance is vital for claiming on potential problems such as cancellations and emergency medical treatment, and gives you added peace of mind should anything go wrong.