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Daily Insurance Industry News
Thursday 24th of May 2018
March 24, 2010

Easter travellers urged to take out insurance

by Richard Kilner

Story link: Easter travellers urged to take out insurance

The travelling public have been urged by Direct Travel Insurance not to forgo travel insurance this Easter.

Although the economy appears to have emerged from recession, the recovery is gradual and consumers remain highly aware of the importance of value for money.

This has led some to consider going without travel insurance, as many view it as an optional extra.

Some 44% of claims made during last Easter related to medical issues, and cost an average of £2,640 per person.

Damaged or lost luggage affected a fifth, and cost around £240 on average, with slightly more (22%) affected by cancelling or cutting short a holiday, which averaged £700 per person.

Consumer Marketing VP Paul Thilo has said that going without insurance altogether or opting for the cheapest coverage, regardless of whether it meets a traveller’s needs, is a risky decision.

Earlier this month research from Aviva showed that 31% of travellers were either intending to skip travel insurance or were considering going without it.

 

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