Many holidaymakers going on short trips away are spending too much on their travel insurance, suggests new research.
The number of people taking mini-breaks is soaring, with brief sojourns away outnumbering longer holidays, according to research by Churchill Travel Insurance .
However, many travel insurance providers haven’t adapted to consumers’ changing holiday requirements, resulting in some holidaymakers spending more than they need on insurance policies .
This is due to many travel insurance providers only selling insurance in blocks of days, with rigidly defined lengths of holiday. For example a traveller going away for three days may often have to get a travel insurance policy that covers one to nine days, rather than a insurance policy calculated on a daily basis.
Mike Ketteringham from Churchill Travel Insurance advises holidaymakers to doublecheck their travel insurance to see that they are getting the best deal possible for their short holiday.
“Holiday-makers should check they are only buying travel insurance cover for the number of days they need and they aren’t buying a block policy without realising,” he said.
Frequent holidaymakers who often find themselves jetting away for the weekend could also consider the option of taking out a multi-trip annual travel insurance policy.