InterRailers should take out adequate travel insurance

February 14, 2008 by admin  
Filed under News, News-Insurance

InterRailers should ensure they have adequate travel insurance when exploring Europe, an financial expert has warned.

STA Travel said that insurance should be part of the essential preparation a traveller undertakes before setting out on an interRailing trip.

A spokesperson for the company said: “Take insurance. With all your possessions in one bag, it is advisory to take adequate travel insurance. Also, make sure your insurance also covers the loss/theft of your InterRail pass.”

She added that those embarking on a journey could save themselves money by booking accommodation in advance of arriving at their destination, or travelling by night which could completely remove the cost of hotels.

Recent statistics from gapyear.com showed that a quarter of young travellers go abroad uninsured or underinsured, which puts their parents’ homes and financial security at risk.

According to an article on guardian.co.uk, the number of people taking a gap year continues to rise.

The market was last valued at £5 billion in a Mintel report of 2005, but is predicted to rise to £20 billion by 2010.

Tags: parents, finance, journey, taking a gap year, europe, com, risk

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