More than one-third of Irish people are planning to take fewer trips abroad this year due to financial constraints, according to a survey commissioned by the VHI.
The survey found that an average of more than two holidays were taken by Irish people last year.
Almost half of those surveyed admitted to travelling overseas without travel insurance.
The VHI says it paid out more than €7m to travel insurance policy holders last year, with the most expensive claim amounting to €200,000.
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