Travel Insurance: Due to the Corona epidemic, there has been a significant change in the attitude of people regarding travel insurance. Important results have come out in a survey regarding this.
Covid Effect on Travel Insurance: The corona epidemic has brought a lot of change in the tendency of people to travel. As after the corona epidemic, now most international travel is being done for some purpose such as in connection with some work or business or for health reasons. Apart from this, the attitude of people regarding travel insurance has also changed. During the first international trip, the awareness and adoption of this type of insurance was 50 percent, but after the pandemic it increased to 76 percent.
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This important disclosure regarding travel insurance has come from a survey by ICCI Lombard. In this, a survey was done about the travel behavior of people and their intentions regarding travel insurance in the future. Explain that ICICI Lombard General Insurance, Bajaj Allianz, Esko General Insurance, HDFC Ergo General Insurance and SBI General Insurance are important insurance companies for travel insurance policies.
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These results came out in the survey
The pandemic has transformed travel insurance from a commodity to a necessity and now more and more people are focusing on insuring overseas travel.
After the Corona epidemic, most foreign trips were for some purpose such as business / work or health reasons rather than just traveling.
Before Corona, awareness about travel insurance for foreign trips and buying this policy was 50 percent, which increased to 76 percent after the epidemic. At the same time, 94 percent of those who have planned to travel abroad in the future have expressed their desire to buy this insurance policy.
Read Also: Travel Insurance Online
In travel insurance, most of the travelers want not only medical coverage but also Kovid coverage and want this coverage in non-medical coverage as well.
Most of the travel insurance purchases are being done through digital medium. About a third of travelers who want to take travel insurance plan to visit the website of an insurance company. At the same time, 30 percent passengers are buying it from online aggregators and online travel platforms.
survey done like this
The survey was conducted on 798 people aged 25 to 55 who have traveled for at least the last two years or have taken a foreign trip in the last six months or are planning to travel in the next 6-8 months. The survey was conducted from May 11 to May 20, 2022. The survey covered 453 males and 345 females from 23 cities including Delhi, Mumbai, Varanasi, Ranchi, Kolkata, Mumbai, Nagpur, Patna, Chennai, Kochi and Hyderabad.
