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Noma Diclifes
  • Budget Travel
    • Business Traveling
    • Holiday Destination
    • Mountain Travel
    • Camping
    • Desert Safari
    • Jungle Safari
    • Adventure Travel
  • Hotel And Resort
    • Hotel Booking
    • Hotel Accommodation
    • Passport And Visa
  • Outdoors
    • Food And Drink
    • Sea And Beaches
    • Ski Resorts
  • Travel
    • Travel Guides
    • Travel Insurance
    • Travel News
    • Travel Photography
    • Travel Tips
  • Trip Ideas
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    • World Tour
  • Contact
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Adventure Travel

Planning an adventure trip? Why you should get travel insurance before leaving

by Venus W. Jones March 16, 2021
by Venus W. Jones March 16, 2021 0 comment

There was a time when vacationing meant taking a leisure holiday and relaxing in the sun. Now, adventure travel is the new trend among backpackers across the globe and Indians are active participants too. According to a research conducted by Thrillophilla.com in October 2018, more and more people in India are moving towards unconventional travelling. The survey revealed that adventure tourism and activity travel market is estimated to grow at a CAGR of 17.4% from 2017 to 2023 in India. There was a 42%  increase in the popularity of high altitude regions among adventure travellers over the past 3 years.

Interestingly, 27 per cent people said that they were interested in travelling to the Himalayas for an offbeat experience. The number of solo travellers also increased by 18%. The study revealed that adventure travel is more popular among people aged below 35, while most of the people aged above 35 still prefer conventional travelling.

As much thrill as adventure travel brings, there is always risk involved. This is where travel insurance comes into play and can provide the much-needed financial security.

 

Heena J Akhtar, Co- Founder, TripXOXO told Zee Business Online that the Indian travelers, especially solo travelers and millennials, are opting for thrilling adventure trips and to avoid the uncertain situations on their trips some are opting for Travel Insurance. This type of insurance helps to deal with many unwanted situations like flight delays, loss of documents, accidents, among others.

“The concept of travel insurance will assist to get the benefits on various things like flight delays, baggage loss, loss of important documents and hospitalization. As summer vacation is just around the corner patrons are looking for best deals on things to do activities across the world like Bungee Jumping, Kayaking, River Rafting, Banana Boat ride to beat off the heat,” Akhtar added.

Subramanyam Brahmajosyula, Head Underwriting and Reinsurance, SBI General Insurance further explained that medical emergencies can strike at the least expected time.

“The situation becomes even more stressful when such emergencies happen when you are overseas. The high cost of medical treatment as well as  unfamiliarity with health care systems and facilities in other countries are added hurdles. SBI General’s travel insurance policy is available which will not only take care of the cost of medical treatment overseas but also other losses such as loss of passport, loss of checked in baggage and trip cancellation or curtailment. As Indians are increasingly travelling more both within the country and abroad, we have witnessed a significant increase in interest levels for this product,” Brahmajosyula added.

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Venus W. Jones

Analyst. General bacon specialist. Future teen idol. Avid coffee evangelist. Devoted tv nerd. Spent 2001-2008 supervising the production of wooden trains in Bethesda, MD. Garnered an industry award while developing hugs in Salisbury, MD. What gets me going now is working on Elvis Presley in Salisbury, MD. Lead a team researching jack-in-the-boxes for farmers. Spent 2002-2009 developing strategies for sausage in the government sector. Had some great experience testing the market for action figures in Prescott, AZ.

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