AA: More people going abroad without travel insurance

A growing number of Britons are deciding against taking out travel insurance prior to jetting off on their summer holiday, new research has shown.

A study conducted by AA has revealed that this week - beginning August 15th - is the most common seven-day period for individuals in the UK to take a single trip travel excursion abroad, with coastal regions in Spain representing the most commonly-visited destinations.

However, the company's survey revealed that nearly one-quarter - 24 per cent - of all holidaymakers have decided to go away without the protection of an annual insurance policy, with 33 per cent indicating they do not feel such an investment to be worthwhile.

Michaal Cutbill, director of AA Travel Insurance, warned this is not the case and added that going overseas without cover is a "very risky strategy".

"No-one should ever contemplate travelling without insurance," he concluded.

This comes after Lizzie Fane of Third Year Abroad insisted a policy is essential for people studying abroad.

By Mark Hornby