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14 March 2020, 14:49
Martin Lewis, founder of Moneysavingexport.com, says not to book travel for the next two to three months.
With the Easter holidays and summer ahead, many may be eager to book or reschedule holidays once travel restrictions ease up. Money Saving Expert Martin Lewis says his advice is to wait.
Appearing on This Morning, he says, he won't be "booking to go away in the next two or three months."
Speaking with Phil and Holly he explains, "would I book a holiday for October? Well, you might get a cheap price.
"I would get my travel insurance in place and I would consider doing that based on my personal vulnerability."
He explains further, "As a man under 50 with no underlying health conditions and with a family who's young, yes I would.
"If I were 65, 70, and I had some vulnerability to Coronavirus I wouldn't be booking anything at the moment."
He has repeatedly warned people to buy their travel insurance immediately after they book their trips--his ASAB rule, which stands for As Soon As You've Booked.
“This is the big warning,” the money expert said: “I do it every year - I talk about booking travel insurance ASAB - as soon as you book.
“Because if you don’t and something happens in the meantime before you get travel insurance, you’re not covered.”