Tales of the unexBrexited: book 2019 travel insurance now
Brexit might mean Brexit for some, but for millions planning a 2019 holiday, it should mean buying travel insurance as early as possible.
Travel tech expert Aquarium Software points out insurance covers the unexpected, with Brexit the biggest unknown on the horizon. If the UK crashes out of the EU (11:00pm on 29 March 2019) without a transition period, there is the possibility of port backlogs; operation stack; delayed flights; and even an end to EHIC benefits.
People have scoffed at the notion planes will not fly across Europe but as the Government prepares a for ‘no deal’, travellers must have insurance.
The prospect of exiting the digital single market and the potential reintroduction of data roaming charges are a concern for Aquarium. Whatever the ultimate outcomes, some hiatus seems unavoidable.
“Brexit may of course prove a storm in a tea cup, like the millennium bug!,” said Aquarium Software Director, Mark Colonnese.
“However, if ‘no deal’ becomes reality, insurance taken afterwards wouldn’t cover Brexit woes; so no compensation for airspace closures, for example. Some carriers are adding Brexit clauses for travel after 29 March and if EHIC is invalid, premium rises could follow.
Ex-Brexit Secretary David Davis said Government might cover this cost; and while some have committed to no data roaming charge post-Brexit, who really knows?,” added Mark.
Insurance is essential, yet one in ten never buy it and one in six leave it ‘til travel day.
If Brexit negotiations go to the wire and political brinkmanship begins, currency markets will almost certainly become more volatile, so it may be best not to leave your euros or other currencies benchmarked to the Euro until the eve of travel, either.
“Next year everyone travelling to Europe needs adequate travel insurance more than ever,” added Colonnese.
“In hindsight, the Y2K bug didn’t cause too many problems but until Brexit comes and goes, travellers are advised to act cautiously,” concluded Mark.