Risk of Travelling without Adequate Travel Insurance Cover

7 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

Zhiqiang & Tingyi

Comments (10)

  • wayanReply

    8 January, 2011 at 11:37 pm

    Yes That’s right, travel without adequate travel insurance is a major risk.

    thank a lot

  • MajolidsReply

    11 January, 2011 at 8:23 pm

    I would never go anywhere with travel insurance, it is sooo important!

  • travuideReply

    12 January, 2011 at 10:24 am

    You made a few nice points there. I did a search on the theme and found mainly persons will agree with your blog.

  • EngleaksReply

    12 January, 2011 at 8:18 pm

    Have you ever been to the English Riviera? Down that way – the seagulls attack like nothing else!

  • SiemuReply

    2 February, 2011 at 5:19 pm

    I have travelled to numerous places in my life and actually really feel that the advantages have been enormous, both to me as well as the many persons I have met on the way. My favourite countries have normally been and will normally be the eastern countries.

  • TravuranceReply

    17 February, 2011 at 12:51 pm

    Thanks for the post. This is right! really important now to buy a travel insurance to secure our self.

  • frosireReply

    21 February, 2011 at 2:47 pm

    I’ve been surfing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all web owners and bloggers made good content as you did, the net will be a lot more useful than ever before.

  • AbigailReply

    28 March, 2011 at 6:05 am

    Thanks for sharing the data. I’m shocked that the legal expense was one of the highest cost factors. Do you have any additional insight into why legal expenses is so high?

    • Zhiqiang & TingyiReply

      28 March, 2011 at 7:25 am

      Mainly due to high cost of engaging lawyers to manage your claims at the foreign country

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