A growing number of young people are choosing to take a gap year as the recession hits jobs, with
worldwide travel insurance an option for many.
According to Gapyear.com, there has been a sharp rise in the number of young professionals who are choosing to take time out from their careers during the recession to head off abroad for six months or a year.
Many are taking redundancy and using the money they receive from their employer to fund a trip to a foreign destination, for which they might seek out
cheap travel insurance.
Tom Griffiths, founder of gapyear.com, said: "For single income no kids, there's a number of young professionals in that category aged 25 to 35 who are taking their redundancy cash and heading off travelling around the world."
He added that there has also been an increase in the number of people choosing to head off on gap years before going to university.
Mr Griffiths suggested this could also be down to the recession, explaining that more young people are seeing the financial stress on their parents and choosing to hold off the expense of going to university for a year or so.
According to the Year Out Group, the most popular volunteering project for gap year travellers is teaching, followed by general care, then land-based conservation projects and finally community projects.
Going, going, gone. Downunder for
cheap travel insurance.