It’s said “Ignorance is Bliss”, but that’s not the case always. In light of terror attacks in Paris, growing number of international travelers are now increasingly turning sentient of benefits of buying travel insurance.
The sight from relaxed evening of picturesque locations, virgin beaches and host of exciting activities to one where one has to be admitted to a hospital definitely seems to be a nightmare. However, such situations would be handled well, if one would be covered under travel insurance. Though, the emotional damage is something that these insurance companies cannot cover, but financial loss in such cases is a fact of life.
Amidst all these recent not so happening developments, ICICI Lombard General Insurance recently unveiled research insights on “Indian millennial’s attitude towards travel and travel insurance”.
A survey was undertaken to understand the millennial generation attitude towards travel while travelling overseas. This was done in order to understand the decision making process of millennial for overseas travel and to understand the outlook towards risk and willingness to purchase travel insurance.