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Daily Insurance Industry News
Friday 19th of January 2018
February 7, 2008

One in three Britons risk uninsured holidays

by Gill Montia

Story link: One in three Britons risk uninsured holidays

One in three Britons risk uninsured holidays

Nationwide has undertaken research that suggests one in three Britons fail to take out adequate insurance cover before setting off on holiday.

In a recent survey, 35% of respondents were leaving themselves exposed to cancellation and medical emergency cost, or the loss of personal belongings, by not taking out travel insurance.

In addition, 36% of those questioned continued in a similar careless vein once away, by keep their valuables on their person rather than making use of the safety deposit boxes in their hotel rooms.

Two per cent of those questioned actually left their passports and currency on bedside tables.

Over 50% of those surveyed travel abroad more than once a year but prefer to arrange single trip insurance rather than an annual policy.

Of the 65% that do arrange travel insurance, 89% are likely to fall within the 25 to 34 age group.

The most travel insurance conscious region of the UK is the East of England, where 90% say they always arrange cover; in the South West, 25% of respondents admitted to never arranging travel insurance.

Nationwide’s Insurance Director, Robin Bailey, comments: “It is astounding that people are prepared to take such a gamble when travelling abroad. You never know what’s around the corner and for that reason it is vital that you have adequate travel insurance in place.”

 

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