Forty per cent travel without insurance, says survey
And three quarters of holidaymakers admit they do not know if their cover is adequate
Nearly 40 per cent of British holidaymakers go abroad without taking out insurance, according to a survey by NatWest Insurance Services.
The research, which took in 1,000 interviewees across England, Scotland and Wales, showed that around two thirds of people take at least one foreign holiday a year, some 38 per cent admitted they do not take out insurance cover. Men are particularly bad offenders, the survey suggests, with 45 per cent not bothering to get insured.
Not surprisingly, the number of people who actually bother to read their insurance policy was also low; three quarters of those surveyed said they did not know whether their cover would pay for their belongings to be replaced. Four per cent of those questioned said they take away at least one item worth GBP1,000 or more.
Bob Trinder, of NatWest Insurance Services, said: “Many people underestimate the value of their possessions on holiday and when they add up their camera, CD player and favourite clothes it can come to more than they expect. Unfortunately it is often not until too late that some people realise the importance of adequate travel insurance and are faced with a huge loss if their suitcase is lost, damaged or stolen.”
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