Holidaymakers warned of standard travel insurance dangers
26 January 2009 08:37
Holidaymakers have been warned of the dangers of buying standard travel insurance 'off the shelf', by an industry expert.
Malcolm Tarling, spokesperson for the Association of British Insurers, states that certain insurance needs are missed off standard travel insurance, which could later lead to problems.
He said: "Most travel policies are sold 'off the shelf', providing standard cover, with no individual assessment of the risk. These will commonly exclude pre-existing medical conditions and certain specified dangerous activities - such as hiring a motorcycle over 50cc."
Mr Tarling added that holidaymakers who want to create a more tailor-made policy should make sure they tell their travel insurance company of where they are going, what activities they plan to do and provide details of any pre-existing medical conditions.
Holidaymakers are also advised to read the cover of their policy before they buy so they are aware of any terms and conditions, such as having to pay a policy excess if an incident occurs.
Figures supplied by FirstAssist Services state that a holidaymaker who goes abroad without travel insurance runs the risk of having to fork out £12-16,000 if they require an air ambulance home form the Canary Islands.