27 June 2016 by Anna Staford
On 23rd June, Britain voted to leave the EU - a move that took many by surprise. Whether you are delighted, disillusioned, or perhaps disinterested in the Referendum result, be assured that all Globelink EU Residents policies remain valid - you can purchase a new policy as normal and your existing cover will continue to remain in force.
One leading travel organisation had been as gloomy about the prospects of Brexit as our summer weather. A recent report from the Association of British Travel Agents (ABTA) predicted possible increased costs facing UK holidaymakers if Brexit leads to a fall in sterling value, making foreign destinations more expensive for Brits. It looks like they were right in the short term, as the Pound falls against the Euro and US Dollar. ABTA also flagged an exit vote may mean changes in EU-originating regulations that benefit EU travellers. This includes the European Health Insurance Card (EHIC) which provides reciprocal state healthcare for EU residents. Until the UK officially leaves the EU, not likely to be sooner than two years’ time, there will be little, or no change to travel arrangements. Travellers are still free to move between the UK and the EU and EHIC cards remain valid. However, Referendum results aside, be warned, the EHIC is no substitute for travel insurance. You won’t be covered for any emergency private medical treatment, repatriation, or additional expenses like a relative staying with you. It’s very common for costs to spiral into thousands if you need hospital admission, or a doctor escort home, so stay travel smart and don’t skimp on decent Travel Insurance. A Globelink customer was recently repatriated from Europe back to the UK with a doctor escort at the cost of £8,000, so why would you not take out Travel Insurance which will cost you a tiny fraction of what you might have to fork out. Globelink provide up to £10,000,000 of emergency medical and repatriation cover, so don’t be caught out.