Travel Insurance - 'False' travel claims rife, insurer says - 10/09/2007

 
 
  Many Brits are cheating travel insurance suppliers and failing to declare their claims honestly, a leading insurer says.

Direct Line Travel Insurance claims that over three quarters of a million holiday makers - around 15 per cent of the total - admit to boosting the value of their insurance claims.

In the eyes of the law, that counts as fraud - although two in ten of those polled by the travel insurance specialists intend to justify their actions by saying that they "haven't claimed before".

Chris Price, business manager at Direct Line Travel Insurance, said: "As a leading insurer we deal with thousands of travel claims a year, the majority of which are genuine. However, it’s worrying to see from the results of the research that some consumers appear to underestimate the consequences of their actions. The telling of a 'little white lie' is fraud however they choose to justify it.

"Contemplating committing fraud is a serious matter and we would urge anyone about to claim on their travel insurance not to take this lightly. In order to protect the interests of our honest, genuine customers we do have systems and processes in place designed to detect these fraudsters."

The sheer size of the false travel insurance claims is remarkable: six per cent said that their claim came to over £500, with 16 per cent illegally taking over £200.


   
 
     
 
 
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Only Insurance Ltd is authorised and regulated by the Financial Services Authority, FSA registration number: 313649. Our registered offices are 1 Kings Avenue, Winchmore Hill, London N21 3NA, company number: 05223009. Telephone 0207 377 1805.