The British public are not going to let the credit crunch come between them and their well-deserved summer holiday. Do yourself a favour and scrape a few extra pounds from somewhere to cover the cost of travel insurance. You will be making a mistake if you forego the expenditure of a travel insurance policy.
The cost of healthcare abroad can be astronomical. In the event of a British holidaymaker requiring medical assistance abroad, a bill of thousands of pounds could be at the end of it. No problem if you have travel insurance cover of course, but according to the article “Avoiding corner cutting insurance plans (not getting any!)” one in five people do not have any.
ABTA, the travel agents organization urges the British holidaying public to ensure they have travel insurance before they set off or it could cost them their dearly, even as much as their house! Travel insurance is only a fraction of the cost of your holiday, but without it, you could get very deeply into debt. If you think you’re having problems during the credit crunch, think again, because it can get very much worse.
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