MANCHESTER, England,
Aug. 18, 2018 /PRNewswire-PRWeb/
-- As another insurance company warns of the risks involved in
delaying the purchase of travel insurance, travel tech specialist
Aquarium Software is adding its voice to the debate, saying the
practice risks not simply losing out should a holiday be cancelled,
but considerably increased premiums, should a medical condition
develop on the eve of your travel plans.
The latest survey by RAA Insurance in Australia found vast numbers of travellers are
delaying getting travel insurance, with only 32 percent of 2500
travellers securing insurance on the same day as booking their
holiday, with 47 percent waiting up to a month before getting
covered and 21 percent delaying the purchase even longer.
"This Australian research rings true in the UK and other
territories, too," said Aquarium Software Director, Mark Colonnese. "Travellers need to be aware
that purchasing insurance early ensures cover not just while
abroad, but should anything unforeseen go wrong prior to travel,"
said Mark. "If you are forced to cancel due to illness or
bereavement, you should get your money back and you are normally
covered for the airline going bust, too. Pre-existing medical
conditions are a big issue and it is better to be covered early,
than have to pay more, should you develop a condition that could
increase your premium prior to travel," he added.
The worst-case scenario is being forced to cancel your holiday
and still having to pay for it. Technology makes securing travel
insurance easier than ever, removing excuses for not taking
immediate cover. Cancellation cover is a basic component of any
decent policy and means the company should reimburse the cost of
airfares, accommodation and pre-paid travel arrangements, if things
go wrong.
"You will not be covered for your own negligence or say
forgetting to get a passport but with the cost of the average
family holiday now a staggering £4792 and the cost of average cover
less than £100, insurance is simply a no brainer," added Colonnese.
"Luckily, travel insurance apps and software are now making it
easier for both consumers and policy providers. These are exciting
times for travel insurance, and thanks to technology, consumers can
get the right levels of cover quickly from the palm of their hand,"
concluded Mark.
Aquarium Software is used by a number of travel insurers; pet
insurers; and other consumer service providers and affinity
partners in the UK, Europe,
USA and Canada. For further information contact
Aquarium Software on +44 (0)161 927 5620 or visit
http://www.aquarium-software.com
SOURCE Aquarium Software