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Younger travellers ‘less likely’ to be insured
Almost 1.5 million people under 30 will holiday abroad without travel insurance, new research shows.
But young people are more likely to encounter problems while away than any other age group.
A poll of 1,003 people by Sainsbury’s Bank found that 31% of those aged 15-25 and a quarter of those aged 25-34 have suffered from a problem when on holiday in the past five years such as falling ill or losing money while overseas. This compared to 17% of people aged 35-44 and 65 or over.
Mintel research undertaken last October showed that one in five people aged 18-24 who took a holiday in 2004 did not take out travel insurance.
Sainsbury’s Bank travel insurance manager Robert O’May said: “Our research shows that younger people tend to be at greater risk of suffering misfortune on holiday than older people, which makes it all the more important that they have travel insurance.
“Without it they couldfind themselves with no assistance and potentially very expensive medical bills. Despite this, they are far less likely to take out cover.”
Report by Phil Davies
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