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Brits 'Look To Jump On January Sale Holiday Bandwagon'

Jan 13, 2008
The millions of Britons who are looking to book a foreign break this month may find that their dream holiday turns into a nightmare, new research shows.

According to a study carried out by esure Travel Insurance, more than 15 million people, including those who may have funded their purchase through a loan, are set to buy a holiday as they take advantage of the January sales. However, the firm pointed out that many of these consumers may discover that their "perfect holiday could be blighted" due to failure to carry out adequate research. Only 48 per cent of tourists check weather forecasts for any severe warnings before booking their holiday, while just 47 per cent go on the foreign office's website to see if there is any news they should be aware of before entering their country of choice. In addition, just over a quarter (27 per cent) fail to make sure if they need any vaccinations or medication before entering the country. A similar number (26 per cent) will not look into whether or not they will need a visa.

Findings from the company also indicated that 87 per cent of holidaymakers do not know what time of year the monsoon season hits certain parts of Asia. Meanwhile, 79 per cent of those surveyed are unaware when hurricanes are likely to strike the United States. The firm also pointed out that for the 34 per cent of Britons who are to purchase a holiday over the course of January, a fifth of these will not take out any travel insurance.

In not getting insurance, it is possible that consumers may well find that they face pressure on their finances should they have to meet the cost of medical treatment or replacing lost luggage themselves. This could see people develop difficulties in meeting demands on their spending upon their return home such as personal loans, credit cards, household bills and overdrafts.

Commenting on the figures, Jacky Brown, head of travel insurance at esure, said: "Most people love to jump on the bandwagon of the January sales season. A holiday deal may look great from the outset, but come holiday time, you could be caught out by flying out to your destination, such as Mexico, during the hurricane season. Delays and even flight cancellations in such extreme weather are inevitable therefore it's vital to make sure you have travel insurance to make sure you're covered.

"It's also important to remember that the government's European Health Insurance Card form like the E111 is not an insurance policy. It provides emergency medical care only, which in some destinations may be very limited."

After doing a sufficient amount of research, those looking for a competitive way in which to fund the holiday of their dreams may wish to consider taking out a low-cost personal loan. Earlier research by CreditExpert revealed that more than a quarter (27 per cent) of holidaymakers have used a personal loan, credit card or other form of borrowing to fund a trip. However, managing director Jim Hodgkins advised those who do use credit to make sure that they can keep up with repayments upon their return home as otherwise the damage to their borrowing history this would incur may cut off their access to cheap loans in the future.
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Steve Smith writes for 1 Stop Finance Shop. A one stop shop for all your bad credit loans, debt consolidation loans and personal loans.Visit Today
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