Travel Insurance - Would you go on holiday without it?


Oct 4, 2013
Travel Insurance - Would you go on holiday without it?

Its official, Autumn is here. The summer is over but I’m pleased to say that the sun is still shining occasionally (just not this week) so all is not lost. I’m fine at the moment because the start of Autumn is usually a really nice time; the weather is pretty good and the colours of the season start to come through. But as soon as we move into late October with its longer dark nights, I will be itching to get away and feel some sun on my back. 

It’s usually around this time that I start to plan a short trip abroad. I’m not very good at waiting for things so when I do book a holiday it’s normally quite last minute. If like me you are thinking of jetting off to warmer climates for a few days, don’t forget to pack your travel insurance.

According to the UK’s leading travel association ABTA, one in four travellers still choose to go abroad without holiday insurance, which is incredible when you think of the consequences. In fact 17% of travellers incorrectly believe that travel insurance isn’t necessary as the UK Government will pay for any treatment needed, or that medical expenses will be covered by a European Health Insurance Card (EHIC) which in reality only covers the cost of basic state medical care and would certainly never cover repatriation costs should you need to be flown home for treatment.

Travel Insurance is important if you want to protect yourself, your family and your belongings when you go on holiday. A typical travel insurance policy will cover:

• Medical expenses for illness and injury
• Cancellations if you have to either cancel your holiday or cut it short due to a family illness or bereavement, redundancy or unexpected damage to your home
• Lost or stolen items

Many insurance companies also provide a 24 hour help line should you need support with a holiday emergency.

Another mistake people often make is not getting around to buying holiday insurance until the last minute. The problem here is that if you have to cancel your holiday perhaps because you or a family member have to go into hospital, you would lose everything unless your insurance is in place. Having claimed twice for this in the past, I for one completely understand the value of getting insurance cover as soon as you book your holiday. At the end of the day we just don’t know what’s around the corner do we! It’s also worth pointing out that the older we get, the more susceptible we are to illness and accidents; therefore we do run a much greater risk of having to cancel a holiday.

So if you’re looking at getting away for some winter sun, take a look at our website for information on what to look out for and your options for buying cheaper travel insurance. As always its best to shop around online as you usually get the best deals but also a word of warning; don’t be tempted to buy travel insurance from a travel agent just because it feels like the easier option. It may not be the best cover and it will almost definitely be more expensive.

By Ashley Shepherd


Ashley Shepherd is an Over 50s Personal Finance Expert

ashley shepherd

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