Adroit Market Research - Industry Insights

Due to increasing number of mishaps and carelessness of tourists, travel insurance has become a significant part of every traveler’s itinerary. UK is one of the biggest markets for travel insurance. UK is one of the most liked and preferred holiday destination across the globe. But, Brits are also traveling enthusiasts. World Travel and Tourism Council states that UK residents spent more than USD 70 billion on travelers and this value is only going to increase in the coming years. With such high number of travelers, travel insurance needs to be in place. Most preferred travel destinations for Brits are Spain, France, Italy, Ireland, Germany, Poland, Netherlands and Greece. All these

Due to increasing number of mishaps and carelessness of tourists, travel insurance has become a significant part of every traveler’s itinerary. UK is one of the biggest markets for travel insurance. UK is one of the most liked and preferred holiday destination across the globe. But, Brits are also traveling enthusiasts. World Travel and Tourism Council states that UK residents spent more than USD 70 billion on travelers and this value is only going to increase in the coming years. With such high number of travelers, travel insurance needs to be in place. Most preferred travel destinations for Brits are Spain, France, Italy, Ireland, Germany, Poland, Netherlands and Greece. All these destinations have abundant natural beauty and geographical variations that could be a danger if not taken proper care. Therefore, further need for travel insurance. The two main reasons why travel insurance is a must are either an accident or mishap driven by adventurous activities or an already existing health conditions getting worst due to varied reasons.

As per a survey, travelers find mentioning about your medical conditions is one of the most boring steps in travel insurance. Also, what conditions should be declared also leads to a confused state. Thus, in many cases of accident or deteriorating health conditions, travelers miss out on the benefits provided by the travel insurance. But, this small unwanted step can cause travelers a great deal as travel insurance won’t come handy during medical emergencies and accidents. Travel insurers are claiming that customers pay high premiums after they suffer from health conditions not mentioned in their travel insurance. Thus, disclosing your health conditions and what health essentials the insurers need to know is important. Also another imperative reason to do so is expensive medical costs abroad. If a travelers does not have an insurance, these medical costs can come as added and unwanted expenditures. A traveler should disclose every medical treatment or condition he/she is going through.

Irrespective of the treatment time, there are some medical conditions that need to be disclosed to the insurers. Cancer, heart related diseases, respiratory disorders and skin allergies are few of them. Apart from these medical conditions, following also need to be discussed and disclosed to the insurer.

Type 2 Diabetes – If a traveler is undergoing a treatment or the diagnosis is under two years, it needs to be disclosed to the insurer. Type 2 diabetes imposes serious health issues. Thus, recognizing and realizing its symptoms is very important. Prediabetes also proves dangerous, it can cause heart diseases. Apart from informing the insurer, few things that needs to be taken care of are – if any vaccination is required, whether your dietary supplements will be fulfilled with the local supply, if the blood glucose level are measured in the same way as the traveling country and climate condition as sometimes they affect the blood glucose level.

Diagnosed pregnancy complications – Pregnancy complications can sometimes get escalated due to various factors. A pregnant woman needs extreme comfort not only while traveling but also during the stay. Pregnancy complications may demand restricted body movements, special diet and emergency medication. Sometimes even good care is not enough. In worst case situation the best thing that works is a travel insurance.

Epilepsy – If a traveler has suffered a seizure within last two years of the travel, he/she should disclose it to the insurer. Epilepsy can cause various turbulences during the travel. Few of the important causes to keep in mind are head injuries, Brain tumors, tuberous sclerosis and meningitis or encephalitis.

Asthma – However common, asthma is troublesome. Asthma patients need to take hyper care of themselves at any destinations. During asthmatic attacks, the muscles around air passage get tensed. The mucosal membrane lining experiences spasms, inflammation and swelling. This makes breathing extremely difficult. If necessary precautions are not present or handy, t can cause serious trouble. Thus, the point of disclosing such conditions to travel insurers is made again and again.

Parkinson’s Disease – Even in case of early onset Parkinson's, it is important to bring this to notice. It slows down voluntary movements, even simple ones like walking. Apart from this it also causes fainting and lightheadedness. If not treatment at the right moment it can cause permanent damages.

High blood pressure – Travelers suffered from diagnosed circulatory condition should be extremely cautious and aware of their condition as a quick response is the most important thing for patients with high blood pressure.

Travel insurance is made for the convenience of travelers. Apart from just getting one, it is also important for travelers to understand what all should be included in the insurance to stay away from any kind of unwanted situation during traveling and have a good time.