Thursday, March 5, 2009

Brits scrimping on holiday insurance

Some 80 per cent of domestic holidaymakers do not take out travel insurance, according to the latest research from World First. With all figures showing domestic holiday traffic will increase sharply this summer – by as much as 30 per cent, according to Continental Research statistics - it is important these primary holidays are protected. Key advice from World First is that consumers at least take out cancellation cover to safeguard their 'staycation' holiday.

There are significant losses to be made if a UK break is cancelled for whatever reason; most hotels charge two thirds of the holiday cost and nearly all self catering, holiday and camping parks charge a full 100 per cent "Our advice has always been to ensure you are fully insured wherever you take your holiday," comments Martin Rothwell, managing partner, World First Travel Insurance. "However, a study of our own statistics has revealed that a worrying number of people forget to take out any cover at all if they are taking a domestic break.


"At a time when all of us are watching what we spend, financial protection is more important than ever before." “People simply forget that they could be charged for a holiday they cannot take and there could still be major cost implications during a domestic break. "For example, most long distance ambulance trips home following an accident whilst on holiday are not covered by the NHS; they are covered by our policies."


news source : http://www.travelbite.co.uk/news/

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