Men most likely to holiday without travel insurance
26 January 2009 08:50
Men take more of a risk ahead of a holiday than women, after new research found how likely the different genders were to take out travel insurance ahead of going on a break.
The research carried out by Moneysupermarket.com found 17 per cent of men were happy to risk having to fund the cost of lost belongings or cancelled flights on holiday themselves by not taking out travel insurance.
Women were slightly more committed to taking the risk out of their holiday, as 12 per cent of females went away without travel insurance.
Also those in Wales are the biggest penny-pinchers with only five per cent taking out travel insurance for ventures outside Europe, compared to 11 per cent in London and nine per cent in the Midlands.
Peter Gerrard, head of insurance research at Moneysupermarket.com, said: "Perhaps unsurprisingly, more men than women are willing to take the risk and travel without insurance.
"The research also found that travellers are less likely to take adequate cover if they are going on a short-haul trip. However, even if you are not taking valuables with you on a brief jaunt to Europe, travel cover provides much needed medical cover if you fall ill."