28 Jul 2008

Future travel accident insurance market facing replacement

New statutory holidays adjustment in the draft on November 9 for a formal announcement and to solicit views of the community, by next year, "May 1" Golden Week may be cancelled on the news is the largest tourism market. General Insurance companies have said that the small increase in holiday leave cancelled, the company will promote the General Insurance ideas, the future of travel accident insurance market there will be more personalized, distributed travel insurance products.

Zhongshan General Insurance companies have said, "May 1" Golden Week cancelled, the market for travel insurance sales without much impact. Zhongshan now because the special insurance awareness is not strong, and the gold in the past week, travel insurance does not sync with the popular tourism, travel insurance premiums from most of the growth rate of the growth of travel, but insurance rates have not substantially Upgrading. The number of departing to statistics, last year tourists from Guangdong Province travel insurance rate of less than 20 percent. Called on the industry, regardless of the timing of the Golden Week how to enhance risk awareness and tourists defense awareness of insurance has become imperative.

AIU Insurance Co., Ltd. said that the Ministry of Tourism-risk insurance, in addition to continuously strengthen propaganda to raise consumer awareness of insurance, vacation arrangements in the new circumstances, they will develop timely introduction of new travel insurance products and services to meet the new form of vacation. "The new statutory holidays after the adjustments actually formed a number of short three-day leave, more important is that enterprises of paid annual leave system, which will change the way past the holiday, while the travel insurance product development also brings To new demands. "AIU insurance Ministry of Tourism official explained that" traditional festival is not simply rest, only a weekend of rest can be resolved, with paid annual vacation system, people use a traditional Chinese holidays Jiang Cheng trend of short-haul travel, car travel has also been popular, will be the future of the vast number of tourists favor travel one way. "

Against these possible new trend, AIU market segments, provided a tour of China, 000 Travel Protection Plan, Lok You You are personalized travel insurance, to include personal and property security of the well. At the same time the number of accident insurance to include exemption of high-risk sports such as skiing, water skiing, scuba diving and parachuting, horseback riding, hiking, jet boating, rock climbing, and so bear the same responsibility for insurance. In addition, as the leave system adjustments, AIU will also launch a timely manner for all the holidays, "scattered holiday" products.

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