Travel Insurance: Did you know that 96% of Indian travelers opt for travel insurance when going abroad? Many avid travelers consider having travel insurance for their next overseas trip.
If you’re someone who loves to travel, you might be wondering if you need travel insurance too. With the rising craze for traveling, having travel insurance has become essential. Let’s understand why.
Travel Insurance Statistics in India
76% of Indians have purchased travel insurance for their international trips, according to a survey conducted by ICICI Lombard General Insurance.
Around 92% of people intend to buy travel insurance for their upcoming journeys, showing a growing awareness of its importance.
Interestingly, 78% of married couples with children are the highest contributors to travel insurance purchases, followed by 67% of married couples without children and 66% of single individuals.
What is Travel Insurance and How It Benefits Your Journey
Travel insurance offers peace of mind while traveling. It’s wise to immediately get travel insurance, especially if you want to travel carefree.
Many tour packages now offer free travel insurance. However, travelers often overlook it, which isn’t a good practice. Having travel insurance brings several advantages.
If your belongings are stolen, the policy covers the loss, offering immediate assistance. Additionally, if a medical emergency arises during your trip, travel insurance provides coverage, similar to how health insurance operates.
Therefore, if you enjoy traveling, consider getting travel insurance just like you have health insurance – it’s a smart choice for your safety and peace of mind.
