19% of travellers don't take out insurance0 comments
ABTA (Association of British Travel Agents) has released its latest Consumer Trends research, which has revealed some rather worrying figures about the public’s attitudes towards travel insurance.
The main findings of the research were that 19% of travellers from the UK don’t take out travel insurance when heading abroad, and that a further 17% say that they think it is ‘not important’.
This is cause for alarm. Travel insurance is without a doubt the most essential item on the holiday list, and without it travellers are putting themselves at enormous risk when travelling to any foreign country.
The biggest threat comes from unexpected medical bills. Amazingly, 16% of those questioned thought that the government would pay their medical bills if they fell ill on holiday. The reality is that the government will not offer any financial help, and medical bills can quickly reach thousands of pounds for even relatively minor hospital admissions, let alone more serious problems.
Travel insurance may be yet another added expense, but at just a few pounds it provides travellers with complete peace of mind and could prevent the holiday from becoming a lot more expensive should anything go wrong.
It’s not just medical bills that can be pricey. Cancellation costs, lost valuables and missed flights can all potentially ruin a holiday, so it always pays to be covered.
The research also revealed that 55% of people don’t purchase insurance for UK holidays. Although the financial risks of medical costs are not a problem in this situation, there are still plenty of reasons to take out travel insurance when on holiday in the UK. Cancellation costs, delays, lost luggage and many other factors can all pose a financial burden, so travel insurance is always recommended wherever the destination.
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