UAE: Travel insurance premiums see double-digit increase
Toshita Chauhan, business head – general insurance at Policybazaar UAE, said premiums have risen by 12 per cent to 18 per cent year-on-year. This translates to an increase of Dh15 to Dh70 per policy, depending on the travel duration, destination, and age of the travellers.
"The primary factors driving this increase include rising global medical costs and a spike in claims from Europe-bound travellers - especially to Schengen countries - largely due to hospitalizations and baggage losses," Chauhan told Khaleej Times.
She noted that popular European destinations such as France, Spain, and Italy are leading in medical emergency claims. Meanwhile, tropical destinations like Thailand, Bali, and the Maldives have seen a rise in trip cancellations due to weather-related disruptions.
Travellers from the UAE heading to the UK and USA are reporting some of the highest medical treatment costs, contributing to elevated premiums. While missed flight connections and baggage delays have also emerged as the two most common claim categories among UAE residents this year, she added.
Summer rush
Summer is the peak travel period for outbound UAE tourism, coinciding with school holidays that last over two months. Many families opt for vacations in cooler European climates during this time, leading to a sharp spike in airfares – particularly to high-demand destinations like the UK.
Dubai Airports and Emirates airline regularly issue passenger advisories ahead of the summer rush, especially during July, when hundreds of thousands are expected to depart from Dubai.
Highest premium payers
Chauhan also highlighted that travellers aged 60 and above have experienced the steepest hike in insurance premiums, with rates rising between 25 per cent and 30 per cent. Meanwhile, those seeking coverage for adventure sports have faced the highest increases – up to 40 per cent more than standard base plans.
'Annual multi-trip policies have also become more expensive, with rates climbing over 15% due to evolving claim trends and longer average travel durations,' she added.
Hitesh Motwani, deputy CEO at Insurancemarket.ae, said insurers are responding by offering more streamlined and budget-friendly plans to make travel insurance more accessible.
'These tailored policies allow travellers to choose coverage that fits their specific needs and financial plans. Despite the recent hikes, travel insurance remains relatively affordable on a per-trip basis,' Motwani said.
He pointed out that while not all countries require travel insurance for incoming travellers, many have made it mandatory for visa issuance or entry.
'For example, the Schengen zone requires a minimum medical coverage of €30,000, including repatriation. Thailand mandates insurance for specific visa categories, particularly long-term stays. Russia requires coverage for those applying through unified e-visas, and Turkey makes it a condition for visa applicants,' he explained.
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FAQ What is the Sheikh Zayed Grand Mosque known for? The Sheikh Zayed Grand Mosque is known for its stunning Islamic architecture, Italian marble, and Swarovski crystal accents. It is the largest mosque in the UAE and can accommodate over 40,000 worshippers. What makes the Louvre Abu Dhabi unique? The Louvre Abu Dhabi is a 'universal museum' that bridges global cultures through art and history. Its design, including the geometric dome that mimics sunlight filtering through palm leaves, provides a unique and ethereal visitor experience. What are the major attractions on Yas Island? Yas Island features world-class attractions such as Ferrari World, Yas Waterworld, Warner Bros World, and the Yas Marina Circuit, which hosts the Abu Dhabi Formula 1 Grand Prix. Why is Saadiyat Island popular among travelers? Saadiyat Island is known for its pristine beaches, luxury offerings, cultural institutions, and a sustainable tourism model. It is ideal for those seeking relaxation and cultural enrichment. What can visitors experience at Qasr Al Watan? Visitors to Qasr Al Watan, or the Palace of the Nation, can explore intricate Arabian craftsmanship, learn about the UAE's political legacy, and enjoy interactive sections and the daily Light and Sound Show. What makes the Abu Dhabi Corniche a popular attraction? The Abu Dhabi Corniche stretches along eight kilometers of the Persian Gulf, offering fitness paths, bike lanes, swimming zones, and coastal dining. It is a favorite spot for families and fitness enthusiasts. Why is Emirates Palace considered a must-visit destination? Emirates Palace is renowned for its opulent interiors, private beaches, luxury services, and unique offerings like gold-topped cappuccinos. It symbolizes sophistication and is a hub for high-end tourism. What is special about Al Ain Oasis? Al Ain Oasis is a UNESCO World Heritage Site that spans over 3,000 acres. It showcases sustainable agriculture with its ancient aflaj irrigation system and offers educational tours on the historical importance of oases. What can visitors do at Jubail Mangrove Park? At Jubail Mangrove Park, visitors can explore ecological treasures through kayaking and eco-tours. The park is home to diverse flora and fauna and emphasizes nature conservation efforts in Abu Dhabi.
