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More than a third of passengers travel without travel insurance, risking huge medical bills if they have an accident or become ill abroad.

This was revealed in a survey of 4,000 passengers by low cost airline Ryanair which also shows 82 per cent with insurance did not know if their policy offered ski, business travel or sports (golf) cover.

Ninety per cent of those who travelled without insurance were unaware that medical repatriation flights within Europe could cost them more than €18,000, and substantially more from other parts of the world, should they become seriously ill when abroad.

source: euroweeklynews.com

Only a quarter of travel insurance policies offer cover if the policy holder is stranded because their airline has gone bust, according to a new study.

The research by Defaqto found 77% of travel insurance policies do not cover airline failure.

Even insurers that cover airline failure may only offer a refund for the missed flight, and not for other components of a holiday such as accommodation and pre-booked activities.

source: Finance Markets