There is nothing like a holiday for relaxing from the woes of everyday life, but what if you can no longer go on that holiday you’d booked two months ago? According to the article “Holidaymakers urged to buy insurance for breaks in Britain” many people are finding themselves in the position of having to cancel their holiday.
Whether through redundancy, jury service or illness, Direct Travel Insurance reported over 150 claims for cancelled UK holidays in 2008. With each claim averaging out at about £1,074 these people were very glad of their travel insurance. More reason for the insurance firm to urge holidaymakers staying home for the summer should still take out travel insurance.
Everybody seems to be planning to take a holiday in the UK as opposed to the usual holiday abroad. Due in main to the economic downturn and the low pound this holiday season will be marked with differences to any other year. Holidaymakers opting for a domestic holiday, eager to save money wherever possible, are not buying travel insurance according to a very concerned Direct Travel Insurance. The price comparison website confused.com reveal that only 2% of all holiday insurance quotes are for UK holiday cover.
Arguably, when holidaying in this country, UK residents do not require medical cover out of their travel insurance but the issue of cancellation is still too big to ignore. Without travel insurance, should your holiday be cancelled for whatever reason, you will be at risk of losing your deposit and being charged a cancellation fee. Beware you don’t double up on your insurance, says the head of insurance at Confused, as belongings taken on holiday may already be adequately covered by home contents policy. Additionally, insurance customers need to be aware that any annual cover they already have for Europe will adequately suffice for travel around the UK.
In Britain, it is predicted that this year 5 million people will either scale down or cancel their insurance policies in one way or another and a quarter of those stating travel insurance would be on the list to go. We are seriously urged to rethink our motivations by the insurance people LV. In an effort to offer us pause for thought, they remind us that in comparison to the cancellation costs of a holiday, the outgoings of a travel insurance policy is very little expense at all.