Saudi Arabia – Travel insurance as a condition for Schengen area
Thursday, 07 13 2017, Category: Insurance and Reinsurance, Country: Saudi Arabia
A number of insurance sector and tourism professionals confirmed that the demand for travel insurance contracts I weak. They indicated that travel insurance represents less than 10% of total premiums noting that travel insurance covers many risks, which the individual faces such as lost luggage, theft, medical emergencies, and flight cancelation.
Moreover, Dr. Fahd Al-Anazi, an insurance expert said that travel insurance covers all the risks faced during travel such as lost luggage or theft, traffic accidents or medical emergencies.
Dr. Al-Anazi confirmed that embassies request medical travel insurance as condition to obtain a visa especially to the UK in addition to the countries, which are part of the Schengen agreement.
Source: Al Riyadh Newspaper