Personal Finance: Lack of Proper Insurance Can Lead to a Costly Break in the Sun; Honesty Is the Best Policy If You Want Peace of Mind on Holiday, Advises Peter Maskell, Chief Executive of the BHSF Health Insurance Group in Birmingham
Byline: Peter Maskell
Over the next few weeks, as the school year ends, millions of people will be going on their summer holidays.
It will be the busiest time of the year for tour operators although increasingly people without children at school choose to go at other times of the year.
It is surprising that a large proportion of people who travel abroad on holiday do so without the protection of travel insurance. Some forget, but many just gamble on no problems arising.
Sadly, it is a gamble that does not pay off for a significant number of people.
It is true that in some parts of the world, particularly within the EU, medical treatment can be obtained without cost. In the EU this is only provided if form E111 - obtainable from the Post Office - is being carried.
In reality, the standard of care provided without cost in these circumstances is generally basic. Those who can afford to pay or who have travel insurance generally get much better attention.
What is almost as bad as going without any cover is failing to make a proper disclosure to the insurer of any circumstance which may give rise to a claim. This includes any medical history about which the insurer has asked.
A couple of years ago a friend rang me for advice having returned from North Africa in plaster following a fall down a flight of steps. …