Risk of Travelling without Adequate Travel Insurance Cover7 January, 2011
Direct Travel Insurance’s 2008 claims figures prove that travelling without adequate travel insurance is a big risk to take and can end up costing a lot, even for a seemingly ‘risk-free’ UK holiday.
Direct Travel Insurance has decided to make public its claims figures as a reminder of the potential risks attached to going away without adequate travel insurance, both for UK and overseas trips.
These figures show the real cost of travel insurance claims made from January to December 2008. Those travelling with insufficient or without cover may find themselves out of pocket, should a similar incident happen:
Average cost of claim made per person:
£747 was claimed for a trip cancellation
£770 was claimed for a trip interruption (known as curtailment)
£210 was claimed for stolen or damaged vehicle which could have been avoided with an affordable european car insurance
£1,923 was claimed for legal expenses
£184 was claimed for insect bites (252 cases of insect bites were reported last year)
£491 was claimed for gastroenteritis (314 cases were reported last year mostly in Greece, Spain and Turkey)
Jonathan Cooper, Managing Director at Direct Travel Insurance said: “Travel insurance is an absolute must for anyone planning a trip, however short. I strongly believe that travellers should be made aware of the risks they could face and the real cost of claims, from a stolen suitcase to a lost passport. As for the cost of medical care overseas, even for treating a relatively minor injury, it can easily reach hundreds of Pounds.”
A five-day Gold Standard Single Trip cover to Europe including protection for the above incidents costs £7 per person with Direct Travel Insurance. A Gold Standard Annual European policy costs £28.16 per person or £45.76 for a family of four. For further information visit http://www.direct-travel.co.uk