Allianz jumps on board with cruise line
Allianz Partners Australia has joined forces with Norwegian Cruise Line on a new standalone travel cover.
The cruise-specific policy will offer travellers onboard medical and evacuation coverage, cabin confinement protection and formal wear coverage.
People can gain the benefits through a standard policy – rather than an add-on package – available to buy when booking on Norwegian Cruise Line’s website.
Allianz Partners Australia executive travel head Damien Arthur says the policy is part of a commitment to “product innovation and keeping customers at the heart of everything we do. Our data shows that cruise travellers have a high propensity to purchase travel insurance. We’ve now made it even easier for them to get cover that is better suited for their needs.
“This launch builds upon our worldwide portfolio of cruise partnerships, where global expertise can be applied to local markets.”
The market is growing, with about 1.25 million Australians taking cruise holidays each year. Cruises account for about 10% of all travel by Australians, and there has been a notable increase among younger customers.
Worldwide, there was a 20% rise in cruise passengers last year compared with 2019.