Insure yourself even for a short trip, says expert
June 5, 2008 by admin
Filed under News, News-Insurance
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 has said.
Sally Leeman, the media relations manager at the company, said that the cost of paying for medical emergencies when in another country, particularly if they are serious and warrant a hospital stay or being taken back to the UK, can run into thousands of pounds.
Despite these risks, Sainsbury’s Travel Insurance found that not everyone who booked a trip last summer made the effort to get the right travel insurance.
Nearly one in five people who bought their holiday at the last minute last year travelled without insurance.
“If you are likely to travel a few times a year consider taking out annual insurance – it can save you money and mean you are covered for the whole year which is ideal for those ’spur of the minute’ trips away,” Ms Leeman advised travellers.
The Cost of Travel Insurance
The big decision concerning travel insurance is the question of what happens if the traveller only goes away for a few days at a time for business or pleasure, but has to pay for the policy for an entire year. Since the price per day ends up being more expensive, the yearly option is usually more affordable. Most policies require a certain amount of days, like a one day plan or a fourteen day plan, nothing in between. If a traveller is away for four days, they have to buy the nine day plan and the extra money spent is a waste for days they weren’t travelling. Read more
Tags: answer, few days, trend, Financial services, travel insurance costs, travel insurance