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Holidays back on the calendar

Travel insurance sales soar as self-isolation restrictions lifted

Tom Harrison
Content writer
2
minute read
posted 15 JULY 2020

Travel insurance sales are rising as restrictions on returning from abroad are eased.

From 10 July, people can now come back to the UK from around 75 countries on the ‘travel corridor list’ without having to self-isolate for two weeks when they return – although in Scotland, travellers from Spain will still have to quarantine.

Travellers are eager to take advantage. Following the lifting of restrictions, comparethemarket.com saw a 72% week-on-week increase in travel insurance sales over the weekend and on Monday, and sales for policies covering destinations outside the UK increased by 73%.

However, comparethemarket.com continues to recommend that people to check and follow the FCO advice for individual countries before they travel.

“As travel restrictions ease and passengers may no longer need to quarantine should they travel to a ‘travel corridor’ country, an increasing number of British holidaymakers are looking to travel abroad this summer after months of lockdown in the UK,”

“Since Friday, when the government’s travel rules were relaxed, our data shows that there was a 72% increase in travel insurance sales over the weekend and Monday compared to one week prior. For travel insurance covering destinations outside the UK, we saw a jump of 73% week-on-week – a higher increase than those looking to ‘staycation’ at home as purchases of UK-only policies grew by over two-fifths over the same period.

“With some schools breaking up shortly for the summer holidays, it is likely some families keen to maintain a sense of normality and go ahead with their annual summer getaway. However, despite restrictions easing, it is still essential that you check the latest FCO guidance for your destination before travelling, as it can vary from country to country. Some countries on the DfT’s ‘travel corridor’ list still have travel restrictions in place for UK arrivals, despite flights being available.”

Check your travel insurance policy

It is also worth checking with your insurance provider to understand what your policy will cover, according to comparethemarket.com.

“Even though many providers have COVID-19 related exemptions, such as cancellations, there are elements of COVID-19 cover more widely available including emergency medical and repatriation costs,”

“Overall, travel insurance remains a much-needed safeguard against problems such as lost, stolen, or damaged luggage.”

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