Young take risks with insurance cover: Swift Cover Insurance

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www.moneynews.co.uk > Insurance > Young take risks with insurance cover: Swift Cover Insurance

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Young take risks with insurance cover: Swift Cover Insurance


Three in five under 30s travel abroad without proper cover, according to Swift Cover Insurance.

Research by Swift Cover Insurance has shown that as many as one in 14 Brits travel long haul without insurance cover and young people are most likely to do so.

Swift Cover also found that risks associated with travelling abroad without travel insurance were most likely to be ignored in the case of short breaks.

Not taking out travel insurance can be costly as Swift Cover Insurance state that an overnight stay in Spanish hospital with a broken leg which could cost £1,600.

Almost half of those questioned admitted to taking short breaks abroad without insurance and one fifth said they have taken a longer holiday in Europe without insurance.

Tina Shortle, director of swiftcover.com, said: "It is staggering to see that such huge numbers of travellers place themselves at risk. It is all too easy to adopt an 'it'll never happen to me' attitude, but accidents and ill health sadly do happen and the financial implications can be severe."

Swift Cover Insurance offer online insurance quotes in 60 seconds and seeks to cut costs by operating entirely online.

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