Tuesday August 12, 10:16 AM
One in four ignore travel insurance
By Barney McCarthy
One in four Brits claim not to be taking out any travel insurance for this years summer holiday, according to Sainsburys Travel Insurance.
The worst age group for neglecting to buy cover for their summer holiday is those aged 55-64, with
32% of respondents in this age bracket saying they are not taking out cover for this years summer holiday.
The increasing cost of living seems to explain why some people are skipping taking out insurance this year, with 18% of holidaymakers saying they cant afford travel cover. This was the second most common excuse cited by this years summer holidaymakers and was topped only by the 31% who claim they do not need it.
Steve Johnson, head of insurance at Sainsburys Finance, said: Its extremely concerning to see how many people are neglecting to take out insurance when going away on holiday. Its a false economy to do without it and should be regarded as a holiday essential, just as important as packing your passport. Although in the current climate people are understandably looking at ways to reduce their outgoings, insurance is one thing that should not be omitted.
If something happens to you or your family while youre abroad, you need to know that you have adequate cover in place to take care of things, whether its to reimburse you for lost or stolen belongings, to pay for any medical treatment you may need or even to cover the cost of flying home early as a result of an emergency.
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