Last minute getaways go uncovered

September 5, 2007 by admin  
Filed under News, News-Insurance

Holidaymakers may think they have bagged a bargain when they jet off on a last-minute break, but forgetting to organise travel insurance can leave them out of pocket.

Research carried out by Sainsbury’s Bank revealed that 18 per cent of British adults will take a last-minute holiday this summer - but 19 per cent won’t bother with travel cover.

Steve Johnson from Sainsbury’s Bank said that cheap late deals are good news for holidaymakers, but warned that “without appropriate insurance in place a holiday can soon turn into a nightmare if disaster strikes”.

He added: “The stress and cost involved in sorting out any potential problems could run into hundreds or thousands of pounds, surely cancelling out any money saved on a late deal.”

The report estimated that some three million people travel overseas each year without having arranged travel insurance.

The Post Office’s head of travel, John Howells, said that insurance can be sidelined when planning a break. “Our figures prove that travel insurance is all too often forgotten in the excitement of getting ready to go on holiday, or even worse, it is considered by some to be non-essential.”

Related Entries

  • Financial fraud sees continued upwards trend
  • Recent data for the end of the third quarter shows that fraud is still on the increase.According to CIFAS fraud prevention service, there has been a rise in the majority of the different areas of
  • Insure yourself even for a short trip, says expert
  • Anyone planning on booking a last minute getaway this summer should make sure they are properly covered by their travel insurance policy, even if they are only going away for a few days, Norwich Union
  • Travel insurance a must for holidaymakers
  • Travel insurance is an absolute must when taking holiday time overseas, specialists have claimed.InsureandGo, an online broker, claim that trips abroad without the necessary cover are incredibly risky and should be avoided.Strongly urging all travellers
  • Isa deadline approaching
  • Consumers are being warned that they must not wait too long before putting their money in an individual savings account (Isa).The Association of Investment Companies (AIC) is telling consumers that waiting until the last minute
  • ABTA: Travel insurance is very good value
  • With the travel insurance market more competitive than ever, insurance policies are currently "very good value", an expert has said.The Association of British Travel Agents (ABTA) has said that "travel insurance is probably the cheapest
  • Fraudulent motor insurance claims come to five million a week
  • According to a recent report motor insurance bodies have discovered fraudulent motor insurance claims that are amounting to around £5 million a week in terms of value. Officials from the Association of British Insurers said
  • Have you been seeking advice on child benefit?
  • For many people the subject of child benefit can be quite complicated, and as parents we don't want to miss out on valuable benefit for our children, especially in the current financial climate. Whilst there
  • Insurers discover increased cases of fraud
  • British insurance companies are uncovering greater numbers of frauds every day.According to the Association of British Insurers (ABI) in excess of £1 million worth of fraudulent insurance claims are made every day.This number of claims

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!