Martin Lewis has warned people about a common holiday booking mistake everyone makes and says ‘you can’t expect your money back.
The financial expert took to his The Martin Lewis Money Show Live on ITV1 and ITVX on January 30 to talk about debts, but he took a moment in his ‘news you can use’ segment to issue a holiday warning.
Martin advised his viewers that there’s a holiday booking mistake which lots of people make which could end up costing you a lot of money – and you won’t get it back.
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Martin told his viewers: “You must get your travel insurance ASAB – As Soon As You Book.
“If you’ve already booked and you don’t have it – NOW.
“The reason for that is simple.”
Martin then heard from a woman, read out by Jeanette Kwayke, who was advised not to travel due to a high risk pregnancy.
The holiday she booked had cost £5,000 and she was not able to get any of the money back and she didn’t have travel insurance, so she lost her £5,000.
Martin then added: “Now let me tell you every year I get people who have been diagnosed with cancer and are having chemotherapy or terminal cancer, I’ve had people who’ve been paralysed, and they get in touch with me and they say ‘I can’t go on my holiday, what do I do?
“And they say, I don’t have travel insurance, can I cancel?
“Well look, unless you’ve got flexible booking, I’m going to say something that sounds very trite but I just want you to understand. You can’t expect the hotel or the flight company to give you your money back.
“If you bought a tennis racket and you broke your arm you can’t say the tennis racquet is faulty. The tennis racquet is still working. The flight is still available, the hotel is still available, they’re not going to give you your money back, that’s why we have travel insurance, to cover us not just for when we’re on holiday but in case something happens that stops us going on holiday.
“Otherwise you get stuck like that. Please, ASAB.”
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