City fliers want an insured foreign trip | mumbai | Hindustan Times
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City fliers want an insured foreign trip

mumbai Updated: Mar 28, 2011 01:15 IST
Soubhik Mitra
Soubhik Mitra
Hindustan Times
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Frequent flier Milan Zatakia’s travel insurance policy expires on October 22, which is also his birthday. The city-based businessman chose the date so that he does not forget to renew the policy. A travel insurance policy has become an integral part of the travellers kit for several fliers like Zatakia.

Tour operators say the fear of being stranded in a war-torn country such as Libya or an earthquake-hit Japan has prompted travellers to insure their foreign trips.

“We had to sell travel insurance until a year ago, but now people insist on buying a policy,” said Rajesh Rateria, western region chairman of the Travel Agents Association of India. He added that approximately 75% travellers demand such safeguards as compared to only 50% till a year ago.

Insurance companies said the demand picked up after the eruption of the Eyjafjallajökullin volcano in Iceland, which disrupted flight movement in Europe in 2010. “There has been a significant increase in the travel insurance business post the volcanic eruptions last year,” said Sanjay Datta, head customer service, ICICI Lombard General Insurance Company Ltd.