Travel insurance adoption in India rose 22% year-on-year in 2026, driven by growing awareness and the expansion of international travel to non-traditional destinations. Data from Policybazaar and Tata AIG reveals a significant shift in claim patterns.
Key Trends: 40% of insured travellers are now choosing emerging destinations in Southeast Asia, Central Asia, and Africa. Non-medical claims—including trip cancellations, baggage loss, and flight delays—outnumber medical claims by a 4:1 ratio. The average sum insured for international travel has risen to USD 50,000. Young travellers (25–35 age group) are the fastest-growing segment.
Sources: CNBC TV18 (July 3, 2026), Tata AIG Travel Insurance Report, Policybazaar Annual Data