Monday 26 June 2017

Cancelled trip is top reason for travel insurance claims

New figures show a record number of Irish people took trips abroad in 2016.
New figures show a record number of Irish people took trips abroad in 2016.
Charlie Weston

Charlie Weston

People planning summer holidays have been warned to put travel insurance in place, as trip cancellations have emerged as the top reason for a claim.

New figures from Allianz Global Assistance Ireland show that people were forced to cancel a trip due to illness or accidental injury.

Medical reimbursement is the second most common reason for travel claims, reflecting the importance of having adequate insurance cover, according to the insurer.

The data comes as new figures show a record number of Irish people took trips abroad in 2016.

According to the Central Statistics Office, more than 6.8 million trips overseas were taken from Ireland between January and November last year. This was up from 6.5 million trips in the same period in 2015.

Large numbers of consumers begin booking summer holidays now, when Christmas is over.

An analysis of Allianz travel insurance claims in 2016 reveals that more than half were for trip cancellations.

People were forced to cancel a holiday due to unforeseen illness, accidents or because someone close to them died.

Another 14pc of claims were for medical reimbursement, such as going to a GP while abroad.

Irish Independent

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