Don’t Ditch Your Travel Insurance Policy

A professional body has said that remembering to renew or take out annual travel insurance for the first time is as important as remembering your suitcase when you are going on holiday and should therefore be as equally high up in your list of priorities when you are packing.
A spokesman from the professional body has spoken out in an attempt to warn people that trying to save money by not taking out a travel insurance policy is a bad idea as they could be getting themselves into even more financial difficulty. This could result in the person having to pay out thousands on something that their travel insurance policy would have covered them for. This could include such things as hospital treatment as a result of an accident, travel arrangements in order to get home after an accident or extra money spent on flights due to cancellation.
The professional body continued to inform people about the importance of travel insurance by saying that the policy will cover people for a lot of incidents and situations and there are many insurance policies out there that don’t cost a lot of money. The body also insisted that the European Health Insurance Cards are not sufficient cover on their own.
The spokesman for the body went on to say that travel insurance is just as important as your suitcase, it’s essential that you take it with you when you go on holiday because if you don’t, you are just running the risk of wasting a large amount of money that isn’t necessary.
This information comes at a time when a leading price comparison site found that almost half of Brits were canceling their holiday insurance and pension contributions in an attempt to save money during this credit crunch when many people are finding that they need to find any ways they can in order to save as much money as they can.