The number of travelers losing luggage while on holiday is expected to increase by as much as 60% over the next 10 years according to research conducted by the Post Office.  The number of lost luggage claims could reach as high as 50,000 bags a month.

The Post Office recently conducted a survey regarding holidaymakers’ use of travel insurance.  The survey revealed that more than 25% of travelers do not even consider purchasing travel insurance when planning a trip.  The cost of the insurance seems to be the biggest factor in consumers’ decision to decline the insurance.

Lost luggage is the number-one reason for travel insurance claims.  Medical treatment follows in second position.  Such statistics should be alarming to UK travelers who pass up the insurance.  In the end it could wind up costing them much more. Nevertheless, many travelers continue the trend of traveling uninsured.

Last year alone, uninsured UK holidaymakers suffered losses totaling more £90 million as a result of lost luggage, unexpected medical treatment, and canceled flights.  All of these claims could have been recovered had holidaymakers only purchased travel insurance prior to their planned departures.

Travel insurance is available through the Post Office and policies are very reasonably priced starting at £5.50 per person, an insignificant amount when compared to the cost of losing your bags.

Thanks to www.postoffice.co.uk for the above statistics. For more information about this article visit their web site.