Journey from India to Europe witnessed vital progress within the first quarter of 2025, with Schengen locations recording an 18.95 per cent year-on-year enhance, in response to unique information from Policybazaar. This sharp rise displays altering journey patterns, rising disposable incomes, and elevated consciousness of journey dangers, prompting extra travellers to prioritise complete insurance coverage.
Germany, France, and Switzerland emerged as probably the most visited Schengen nations, accounting for 20 per cent, 17.57 per cent, and 10.67 per cent of visits respectively. Germany’s sturdy draw amongst enterprise and leisure travellers is boosting demand for enterprise journey insurance coverage and protection for work-related emergencies. Switzerland and the Netherlands are additionally gaining traction, particularly amongst these searching for journey actions, resulting in an increase in insurance policies with specialised add-ons.
Ladies travellers at the moment are outpacing males, with a 19 per cent rise in worldwide journey in comparison with 13 per cent for male travellers. Solo feminine journey to Europe is rising steadily, and girls are more and more choosing enhanced journey insurance coverage advantages, together with journey cancellation, emergency medical care, and flight delay compensation.
Visa-related considerations are shaping insurance coverage choices. In 2023, over 15 per cent of Schengen visa functions from India had been rejected, resulting in an estimated lack of EUR12.1 million in non-refundable charges. In response, 20 per cent of travellers at the moment are together with a visa price refund rider of their insurance policies.
There’s additionally a marked shift in the direction of increased protection, with 62 per cent of Indian travellers now selecting insurance policies price $250,000 or extra. Senior residents are driving demand for $500,000+ plans that cowl pre-existing situations and emergency hospitalisation.
Kapil Kapadia, Head of Journey Insurance coverage at Policybazaar, stated, “The surge in Schengen journey is a robust indicator of evolving journey aspirations amongst Indian shoppers. We’re seeing a transparent shift in mindset—journey insurance coverage is now not seen as a formality, however as a necessary a part of journey planning.”
Journey insurance coverage purchases peak between February and April, coinciding with spring and summer time planning, with 76 per cent of patrons securing their insurance policies 45–50 days prematurely. Millennials and Gen X proceed to dominate the phase, favouring versatile, high-cover plans that tackle each leisure and enterprise journey wants.
