Research
from Moneysupermarket says that 58% of holidaymakers delay buying cover, opting
not to take out travel insurance as soon as they book their holiday. 30% leave
it to within a month of their departure date. Families should also bear in mind
the number of trips they are likely to take in one year, as its often more cost
effective to buy an annual multi-trip policy.
Bob
Atkinson at moneysupermarket.com says "Holidays often mean precious family
time, and having cover in place as soon as you book your holiday ensures real
peace of mind. When comparing travel insurance policies, take some time to work
out exactly what level of cover you need and do not let a couple of pounds now
mean you are left under-insured when it really counts."
MoneySupermarket.com
recommends at least the following level of cover:
- £2m for
medical expenses
- £1m
personal liability
- £3000
cancellation - or enough to cover the total cost of your holiday
- £1500
baggage
- £250
for cash
- Policy
excesses under £100
- Cover
for scheduled airline failure and end supplier failure as desirable
- Delay cover
