Comparison site Go Compare found roughly 12.37 million holidaymakers travelled overseas without insurance in the second half of 2021 and when asking travellers why they take this risk, cost was named as the main reason why.
As a result, around 14,000 would-be claims may have occurred each month in the second half of 2021, costing travellers £14.3 million.
Another reason Brits travelled without insurance in 2021 was forgetfulness, with 16% (around 1.9 million) admitting getting travel insurance slipped their mind.
