Martin Lewis has issued a stark warning to “millions of people” planning to book a holiday this year, or those who have already organised a trip. During the latest episode of The Martin Lewis Money Show Live on ITV, the consumer champion urged everyone to buy travel insurance as soon as their holiday is booked - or risk losing a lot of money.
Martin explained how every year he receives emails or messages from people with “heartbreaking” stories of sudden, serious ill-health diagnoses which prevents them from travelling or going on a holiday they had previously booked. Unfortunately, they had not taken out travel insurance and as a result, their holiday is not covered for the unexpected medical emergency and the money they paid is not protected, so they lose it all.
The financial guru urged viewers to buy travel insurance, which can cost as little as £9, as soon as they book a holiday and explained how it provides financial protection before you even set off on holiday.