The FCO reminds British nationals to travel insured as claims reach £370 million.
With recent data from the Association of British Insurers (ABI) revealing that the average travel insurance medical claim rose by nearly 10% last year, the Foreign & Commonwealth Office (FCO) is highlighting the risk of taking the ‘Getaway Gamble’ of travelling overseas without adequate insurance.
In Spain, a survey of customers having to replace a lost or stolen passport while on holiday this summer indicates that as many as one in five were travelling uninsured.
Even in Europe, travelling abroad with inadequate cover can cost thousands if things go wrong – the average cost of a claim for medical expenses rose to £1,022 in 2014 (from £930 in 2013). This contrasts sharply with the average cost of an annual travel insurance policy, which is £32.
Rolling the dice, not hedging your bets and being left with a £1,022 bill is no way to start or end a holiday, especially when this pricey sum equates to:
· A luxury cruise to the Caribbean
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