Holidaymakers taking risk with no travel insurance
26 January 2009 08:56
Some one in seven holidaymakers are taking a risk by not taking out travel insurance to cover them on holiday, it has been stated.
Research from moneysupermarket.com has found that 14 per cent of British holidaymakers fail to take out travel insurance for their ventures.
This means that if any of their belongings are lost or stolen, their flights are delayed or cancelled or they require medical attention, they will have to stump up for replacements themselves.
Peter Gerrard, head of insurance research at moneysupermarket.com, said: "Travel insurance is vital for claiming for lost or stolen personal possessions, cancellations, medical emergencies - events unfortunately not only limited to exotic locations.
He added that it doesn't matter where the holiday is, the right level of travel insurance may still prove to be a vital acquisition.
"Whether it's a week on the Cornish coast or a break to Brittany, Brits should check the levels of cover on their policies are right for them," he continued.
More frequent travellers may make further savings on the cost of travel insurance by taking out an annual policy.