Hard-up travellers warned against skipping insurance
According to new research from Aviva, the torrid weather of winter has fuelled an understandable desire to holiday abroad.
However, the insurer has discovered that, worryingly, the ongoing economic difficulty and consumer belt-tightening has led 31% of would-be travellers to state they intend to skip taking out travel insurance or were considering going without it.
Sixty-two percent of travellers have said they intend to set careful limits on daily spending, with over 40% not spending anything on holiday clothes or going self-catering.
Aviva’s travel product manager, Jerry Finch, has explained that a combination of prolonged bad weather and economic difficulty means that many want to fly off somewhere hot, but are less enamoured with the costs involved, including insurance.
Finch warned that insurance is critical as a shield against a hefty financial hit, and pointed out that the EHIC is no substitute for proper travel insurance within Europe.
Yesterday Direct Travel Insurance called on football fans heading off to South Africa for the World Cup to make sure they travelled with insurance, and to take it out as early as possible to ensure cancellation coverage was in place.
Category: Aviva News, Insurance News, Travel Insurance News
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