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Brits look for more extensive travel insurance

British holidaymakers are on the hunt for more comprehensive travel insurance to cover post-Brexit travel, according to new research.

Four in ten travellers said they believe they will need greater levels of cover in the future when questioned by Consumer Intelligence.

Recognising that it will come at a cost, 24% of respondents revealed they would pay more to ensure they have the necessary cover when travelling in the EU.

Even those who admitted to previously travelling to Europe without insurance suggested they would consider cover after Brexit.

It comes amid concerns relating to what sort of cover will be available to British holidaymakers after 29 March 2019, especially in the event of a ‘no-deal’ scenario.

For instance, the Association of British Insurers has said that the European Health Insurance Card (EHIC) will not apply in such a scenario, meaning holidaymakers could have to cover more of any potential medical bills when travelling.

The research from Consumer Intelligence also found that many Brits have already made plans to travel to Europe after Brexit.

Despite the potential leave date of 29th March being in the middle of the school holidays, more than one in four people said they had already made travel plans for that period.

While uncertainty remains, the study also found that 7% of people with annual travel insurance policies have looked to bring forward their renewal date, while close to a third of holidaymakers said they think they already have cover for the summer holidays.

If you are intending to travel in the coming months, be sure to check your travel insurance policy and to read the small print to ensure you have the cover you need.

Remember that some activities, such as skiing or extreme sports, will likely not be covered as standard and that you may need to purchase additional cover in order to be protected from all eventualities.

Date Created: 29/03/2019

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