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Daily Insurance Industry News
Tuesday 17th of July 2018
October 30, 2009

One in ten fail to take out travel insurance

by Richard Kilner

Story link: One in ten fail to take out travel insurance

One in ten of travellers are not taking out travel insurance, according to new research commissioned by Check Safety First.

Chief Executive Officer Mark Harrington has called on the insurance industry to educate consumers about the importance of travel insurance, pointing out that the average medical claim is around £2,500, and clearly worth spending £20 to cover.

Rather oddly, two in five of the 2,000 people surveyed stated they had suffered a mishap such as an accident, food poisoning or burn whilst on holiday, all of which would be covered by travel insurance.

Women and the 35-44 age bracket were the most likely to forget to take out insurance.

Harrington also expressed his disquiet at the fact that a small number of those surveyed confessed to making fraudulent claims against hotels for medical reasons, a handful even stating they did it regularly.

The survey’s findings broadly match those of Lloyds TSB Added Value Accounts, which commissioned research suggesting a similar number of Britons had skipped taking out travel insurance in the past.

 

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