Travelers who venture abroad
without insurance do so at their own peril, figures from the
Association of British Insurers highlight.
The ABI reports that insurers
helped a record number of travelers from the UK needing emergency
medical treatment while overseas over the past 12 months.
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Among key indicators, insurers
dealt with 366,000 claims for overseas emergency medical treatment
and paid out £274m ($420m), £5.3m every week, in meeting the cost
of emergency medical treatments for those who fell ill abroad.
The number of claims was three
times higher than in 2005, while the cost of medical expenses
claims was over 270% higher, noted the ABI.
Among the especially high claims
were those of almost £50,000 for a coronary artery bypass and
£16,500 to treat a back injury.
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By GlobalData
