UAE travel insurance segment to grow by 40%

Backed by a robust tourism market amidst the impact left by the recent economic downturn, the UAE’s travel insurance market is poised to grow by 40 per cent in 2012, according to Dubai Islamic Insurance and Reinsurance Company (Aman Insurance), an Islamic Insurance provider in the UAE. The company has revealed that the forecasted growth has given them the upbeat attitude to capture a significant share of the country’s travel insurance segment. In line with this, Aman has launched three new travel insurance products-Musafir, Shengen and the Haj & Umrah travel insurance products, which have been designed to offer high benefits to both individuals and families at a reasonable cost. The three insurance solutions offers key benefits like Emergency Medical Expenses & Hospitalisation Abroad, Transport or Repatriation in case of Illness or Accident; Emergency Dental care, Medical Evacuation; Loss of Passport or official documents; advance money;  Delivery of Medicines; Relay of Urgent Messages; Long Distance Medical Information System; Medical Referral/Appointment of Local Medical Specialist; Connection Services; Advance of Funds; Personal Baggage & Money loss and Personal Accident. The Haj & Umrah Travel Insurance is an exclusive travel insurance solution that has been specifically designed for travellers going for their annual pilgrimage to Mecca and the Shengen Travel Insurance is a travel insurance solution valid and approved for travellers to any country in the Schengen European states.