Tag Archives: travel insurance

Almosafer (part of Seera Group), has partnered with Al Rajhi Takaful to provide customers of its consumer segment in Saudi Arabia free trip insurance with every flight booking. The trip insurance will be automatically included with every international and domestic flight booking made across Almosafer‘s consumer touchpoints including the Almosafer app, the website, the call centre, WhatsApp and retail outlets, providing Almosafer’s customers with added assurance and confidence to travel. Al Rajhi Takaful Company is one of the leading companies in the insurance sector and provides various insurance solutions that include all products for individuals and Corporate. Muzzammil Ahussain, Chief Executive Officer of Almosafer, said: “We are continuously strengthening our offering to enhance the customer experience with products and services that are relevant to our travellers. With this new trip insurance from Al Rajhi Takaful, our Saudi customers will have peace of mind relating to their travel and enjoy a stress-free trip.” Mr. Saud Ghonem Bin Ghonem, Chief Executive Officer of Al Rajhi Takaful, explained that: “We are fully aware of the importance of comfort when traveling, consequently the travel insurance policy from Al Rajhi Takaful is issued to provide relief to citizens and residents from the risks of what may happen during travel “God forbid”, and to provide a safe and enjoyable travel experience. We are proud of this partnership with Almosafer, which is one of the leading travel companies in the Kingdom. In this agreement, we look forward to providing exceptional care and attention to all beneficiaries.” Almosafer continuously seeks strategic partnerships in order to enhance its offerings for its customers and ensure seamless user experiences. The free trip insurance will be available to travellers for a limited …

Policybazaar.ae announced that there has been a significant rise in demand for travel insurance in FY21-22 in the UAE. The fintech company saw a 150% increase in sale of travel insurance policies where travelers bought more policies in Quarter 2 in comparison to the Quarter 1 of 2022. The company saw a rise in demand from top tourist destinations such as the USA, Schengen countries, Indonesia, UK amongst others – as majority of these countries have made travel insurance mandatory along with other valid travel documents. Apart from the countries where travel insurance is mandatory, the other reason behind more travelers buying travel insurance policy is due to lingering dread of the pandemic. The other major reason resulting in an increase in the sale of travel insurance policy was due to a knock-on effect on the luggage mishandling situation such as either lost or delayed baggage, due to acute shortage of baggage handlers at the airports. The global travel insurance market size was valued at $12.38 billion in 2020, and is projected to reach $119.31 billion by 2030. This translates to a growth at a CAGR of 26.1% from 2021 to 2030. While travel has picked up its pace globally, airports around the world are facing extremely high levels of flight cancellations and delays in the past few months. Having a travel insurance policy may not be mandatory for tourists in all the countries, but it is always recommended to have one when traveling abroad. Travel insurance policy compensates travelers from undue expenses in situations of a medical emergency, personal liability, or other emergencies like loss of baggage. Delaying or losing check-in baggage is one of the most common adversities …

In a bid to find the UAE’s unluckiest traveller with the worst travel photo, search for the UAE’s unluckiest traveller by RSA Insuance returns in its second season from December 4 to 18. The two-week long campaign will give people across the UAE the chance to use their unluckiest travel photos to win a dream vacation – and redeem themselves. Commenting on the campaign, David Harris, Director – Marketing and Distribution, RSA, said, “The campaign aims to address a global conversation on how social media is impacting our behaviour while on holiday. We notice that travellers are too consumed planning for their trip and researching the best Instagrammable spots that they tend to forget taking out travel insurance. Ensuring peace of mind is often a neglected priority for most UAE travellers due to the lack of understanding of covers available in the market. As such, we are launching this campaign as it will enable us to get closer to consumers and raise awareness about the importance of travel insurance.”