The preponderance of "last-minute" deals have led to increased numbers of holiday makers not taking out travel insurance, Sainsbury's Bank have claimed.
In research released yesterday, the travel insurance experts say that 19 per cent of people who purchase such deals will do so without taking out travel insurance.
Moreover, Sainsbury's say that no fewer than 8.8 million Brits - 18 per cent of the total adult population - will have booked their holiday two weeks or less before they jet off.
Steve Johnson, head of travel insurance at Sainsbury's Bank, commented: "Greater use of the internet and growing competition in the travel industry means that there are many holiday bargains to be had. This is great for holiday makers, but without appropriate insurance in place a holiday can soon turn into a nightmare if disaster strikes.
"The stress and cost involved in sorting out any potential problems could run into hundreds or thousands of pounds, surely cancelling out any money saved on a late deal."
Around three million people in total do not take out travel insurance in the UK for their holidays, Sainsbury's say.
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