ICICI Lombard, one of India’s leading private general insurers, has launched TripSecure+, a cutting-edge AI-powered travel insurance solution designed to offer customizable coverage for international travelers. Positioned as a comprehensive travel companion, TripSecure+ provides flexible options tailored to meet the diverse needs of Indian travelers, from adventure seekers to families on vacation.
The innovative product marks a significant step in ICICI Lombard’s mission to make travel safer and stress-free for every type of traveler. By leveraging AI technology, TripSecure+ dynamically adjusts coverage based on individual preferences, ensuring protection throughout the journey. This personalized approach is expected to shift how consumers perceive and use travel insurance.
Priya Deshmukh, Head of Health Products, Operations & Services at ICICI Lombard, highlighted the growing trend in travel culture, stating, “Due to rising disposable incomes and the need to take a break from hectic schedules, we’re witnessing a significant rise in both international and domestic travel. With TripSecure+, we’re not just launching a product; we’re initiating a shift in consumer behavior to embed travel insurance as a crucial element of trip planning.”
The insurance product offers unique features that aim to enhance travel security and provide peace of mind. These include a visa fee refund in case of trip cancellations due to visa rejection, car rental coverage for deposits lost if the vehicle is damaged or stolen, and medical coverage for injuries sustained during adventure sports. Additionally, TripSecure+ provides coverage for life-threatening medical conditions related to pre-existing diseases, offering comprehensive protection for all types of travelers.
“By integrating AI technology, we’re making it easier for consumers to tailor coverage that perfectly fits their travel style,” Deshmukh added. The solution is expected to encourage travelers to prioritize insurance as an essential part of their trip preparation.
