A fifth of people who travel abroad without insurance have been caught short, losing £1,570 each on average
A recent survey of 2,000 holidaymakers revealed that nearly a third have ventured abroad without travel insurance, with a significant proportion facing unforeseen consequences as a result.
The most common reasons for requiring insurance included unexpected illness , lost luggage , and theft of personal belongings , according to the research conducted by loveholidays. Furthermore, 18 per cent of respondents reported having to pay the full cost of a holiday they were unable to take due to unforeseen circumstances such as jury duty, pregnancy, or redundancy.Al Murray, spokesperson for the online travel agent that commissioned the survey, commented: "Booking a holiday without travel insurance comes with risks, and our research indicates not all holidaymakers are aware of them.
Generally, 20 per cent will book their holiday cover right before their trip, with 28 per cent unaware it insures you from the moment you purchase it.
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