Don’t risk travelling uninsured
2 February 2009
Over a third of Brits have travelled without insurance (37%) according to research commissioned by Tesco Travel Insurance.
Tesco Travel Insurance warns holiday makers of the dangers of travelling uninsured as new legislation comes into force making travel insurance less readily available from high street travel agencies.
Travel agents are now required to be authorised by the FSA (Financial Services Authority) if they want to sell travel insurance. As a result, many will stop offering the service, potentially leaving the 16% of holidaymakers who relied on buying travel insurance from their travel agent for their last trip abroad, exposed.
There is a perception among holiday-makers that they are more at risk the further away from home they travel. Less than a fifth would buy insurance for a holiday in Ireland, while 79% would buy insurance for a holiday to Europe, rising to 82% for long haul travellers. The three most common holiday problems are: delayed flight, accident or health problem and cancelled flight.
Rachel Cutler, Head of Tesco Travel Insurance comments,
"It is a worry that people could forget to buy travel insurance now that it isn’t as readily available on the high street when they book their holiday. It can be a costly risk to take and can ruin a well-earned break. We aim to make it as easy as possible for customers to ensure they can get hold of a policy before they head abroad – customers can buy online or pick up a policy along with their holiday shopping in larger Tesco stores."
For more information and media enquiries please contact:
Tesco Bank press office
+44 (0) 131 274 3630
Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. Tesco Bank participates in the Chartered Banker Professional Standards Board.
Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: 2 South Gyle Crescent, Edinburgh, EH12 9FQ