What does it cost?

In respect to the amount of grief and hideous expense an accident abroad can cost you, travel insurance is laughably cheap. For around $20 a week, it buys peace of mind.

However, most of us are paying over the odds for our travel insurance because of sheer inertia.

We take the first deal on offer, whatever the price - and whether or not the insurance offered - is right for us. So many of us jet off to sunnier climes with travel insurance that simply doesn’t cover us.