A recent report from compareit4me found that 80% of travellers have experienced some sort of travel-related incident.
Incidents listed, included flight delays taking the top spot, followed by illness and then by trip postponement or cancellation. The survey also highlighted that theft was the top fear at 52%, followed by concern about injury or accident at 44% followed closely by loss of luggage.
Despite these figures, a survey of UAE residents by YouGov found that 58% of residents don’t purchase travel insurance and a third say they only do occasionally.
Commenting on the lack of purchased insurance by residents, Jonathan Rawling, CFO of compareit4me.com, said: “It seems that people do want the safety net of travel insurance, but don’t really know where to start. Most of us spend a long time saving for, planning and looking forward to our holidays and the last thing any of us wants is to be thinking about what would happen if the flight was cancelled or overbooked or indeed, if our luggage didn’t arrive at our destination or we were to have a medical emergency or loss of belongings while abroad.”
He added: “Travel insurance takes all of these worries away, leaving us to focus on enjoying the well deserved trip. In addition, all of this peace of mind often comes at just a tiny fraction of the cost of your trip. Consequently, we have teamed up with Allianz Global Assistance to introduce travel insurance to our customers, offering various types of travel cover under three distinct brands. Customers can buy online at compareit4me.com and receive their policy instantly.”