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A third of Brits 'neglect travel insurance'

26 January 2009 08:32

A third of Brits 'neglect travel insurance'

According to a study published by the Nationwide building society, around 35 per cent of people jetting out of the country lack the necessary protection for unforeseeable events.

Many travellers apparently seem oblivious to the need for any cover at all, while others are unaware that they require specialist travel insurance for people with pre existing medical conditions.

Nationwide insurance director Robin Bailey expressed dismay about the imprudent behaviour of many Brits, saying: "It is astounding that people are prepared to take such a gamble when travelling abroad."

He added: "You never know what's around the corner and for that reason it is vital that you have adequate travel insurance in place."

Among people who do cover themselves for cancellations, lost property and medical emergencies, the study found that 89 per cent are aged between 25 and 34 years old.