Travellers urged to insure against terrorism

TRAVELLERS URGED TO INSURE AGAINST TERRORISM

Article date: 29/06/2005 : 15:27:10

The British Insurance Brokers' Association (BIBA) is urging more companies to offer travel insurance cover that protects against terrorism.

In spite of a recent 274 per cent increase in terrorist attacks worldwide many policies do not offer this type of cover. In fact since September 11th 2001 many companies have expressly excluded terrorism from their policies.

"Terrorist attacks are a growing threat and we would like to see more policies providing cover for this," commented BIBA's technical services manager, Graeme Trudgill.

"In today's uncertain climate, people travelling abroad should ensure that they have comprehensive cover in place," he continued.

"Travel insurance is just as vital as your suitcase when going abroad, and to ensure that you have the right policy for you, you should seek professional advice from an insurance broker, as opposed to just accepting inferior cover from a travel agent for example, just because it could be more convenient."

BIBA is urging people to check the standard of their cover when arranging travel insurance, rather than simply opting for the cheapest premium.

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