UAE’s travel insurance demand soars as holidaymakers take all precautions

UAE’s travel insurance demand soars as holidaymakers take all precautions

Dubai: A sizeable number of UAE travellers are starting to add insurance cover om their trips. “One thing the pandemic has taught us is to take necessary precautions,” said Neeraj Gupta, CEO, Policybazaar.ae. “We will see a rise in travel insurance especially for Covid or unexpected medical costs, loss or delay of baggage.” The company saw a 150 per cent rise in sale of travel insurance policies in the second quarter compared to first one, it said in a statement. There was a “rise in demand from top tourist destinations such as the US, Schengen countries, Indonesia, UK amongst others - as a majority of these countries have made travel insurance mandatory along with other valid travel documents.” Even in markets where travel insurance is not mandatory, travelers have sought COVID-19 coverage. They have also been concerned about their baggage getting lost or delayed due acute staff shortage at some airports. In most cases, the insurance company will help the customer track the luggage. If it can’t find it, the insurance will reimburse the traveler for the lost items. “Baggage coverage is a very important benefit within travel insurance plans, as it can provide monetary assistance when things go wrong