Friday, March 13, 2009

Travel Insurance - Travel insurance is “vital” even in the UK

Holidaymakers must not assume that travel insurance is unnecessary when travelling even in the UK, it has been warned. With a growing number of travellers opting to spend their holidays in the UK this year, according to a number of insurers, a majority of Brits are forging travel insurance assuming that it is not required if they are staying in the UK.

According to research by a price comparison website, only two per cent of holidaymakers planning to spend their holiday in the UK have sought travel insurance quotes. Steve Williams, head of travel insurance of the price comparison website said that “travel insurance should be seen as a vital part of any holiday.”


He said: "The number of UK insurance policies sold is dwarfed by that of European and worldwide policies, and in our experience fewer people shop around for UK cover.” Williams advised that travel insurance would be “vital” especially during the current financial crisis as although holidaymakers travelling in the UK would not be required to purchase the insurance for medical reasons, flight cancellations or airline failures could leave holidaymakers losing more cash than what they would have spent on the cover.


According to Direct Travel Insurance, redundancy is one of the common reasons of cancellations and without insurance, holidaymakers would be left with large cancellation charges.


news source : http://www.onlyfinance.com/Travel-Insurance-News/

2 comments:

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