Sainsbury's: A quarter of Brits have no travel insurance

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Sainsbury's: A quarter of Brits have no travel insurance

One in four Britons, or 13.4 million people, are not taking out travel insurance for their summer break, according to research from Sainsbury's.

The worst age group for not insuring their holidays is the 55 to 64-year-olds, with 32 per cent admitting to it.

Young people aged 16 to 24 are the most cautious, with only 21 per cent travelling without cover this summer.

The most common excuse, from 31 per cent, was that they do not need it, while 18 per cent said they could not afford it.

Steve Johnson of Sainsbury's said not buying cover was a false economy and that it "should be regarded as a holiday essential, just as important as packing your passport".

Meanwhile, price comparison website moneysupermarket.com has offered a number of tips to save up to £4,732 on life insurance.

It suggests taking care of one's health, consolidating policies and reviewing policies in the wake of events such as changing job or having children.

Cheap premiums are not always the best cover and applicants for insurance should not withhold relevant information.

Click here for more insurance news.ADNFCR-323-ID-18727137-ADNFCR

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