Holidaying without insurance “incredibly irresponsible”

May 10, 2008 by admin  
Filed under News, News-Insurance

Going on an adventurous holiday and risking serious injury without travel insurance is “incredibly irresponsible”, the Association of British Travel Agents (ABTA) has said.

A recent survey for the Foreign Office revealed that 20 per cent of people aged over 55 took risks on holiday that they would not have taken at home.

Furthermore, it was found that almost two-thirds (65 per cent) of over 55-year-olds did not take out travel insurance for their last holiday.

Sean Tipton, press officer at the ABTA, said it is “extremely foolish” for people to travel uninsured, particularly on an adventurous holiday such as skiing.

By not taking out travel insurance, holidaymakers could save “£30 or £40″, but in the event of a serious accident they “run the risk of having to sell [their] house to pay the bill and travelling uninsured is just a very foolish thing to do to”, says Mr Tipton.

Tags: bill, risk, Skiing, tipton, injury, finance, holiday, home

ABTA: Travel insurance is very good value

May 10, 2008 by admin  
Filed under News, News-Insurance

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 it’s ever been”. Despite this, people often do not bother or forget to take out a policy, particularly if they are going on short trips, according to the organisation.

A recent report from the Association of British Insurers revealed that the group most likely to make an insurance claim are those aged over 65.

In fact, over 65-year-olds are three times as likely to make a claim as those aged over 35 and the costs are on average three and a half times more expensive than those of under 50-year-olds.

ABTA says people who travel at least twice a year, particularly if they take short or last minute holidays, should consider an annual policy as this will cover them in case they forget to take out insurance.

“If you’re the kind of person who is fairly spontaneous and takes advantage of last-minute cheap deals then the easiest thing to do is take up an annual policy,” advises Sean Tipton, a spokesman for the ABTA.

Tags: Association of British Travel Agents, policy, organisation.A recent report, insurance market, travel insurance market, tipton, Association of British Insurers, report