Allianz Partners Australia has collaborated with Norwegian Cruise Line (NCL) to introduce a new travel insurance product tailored specifically for cruise passengers. As cruise bookings rise sharply, now accounting for 10% of all travel among Australians, the insurer aims to meet the growing demand for streamlined, cruise-specific coverage.
The new insurance offering can be quoted and purchased directly through NCL’s booking platform, enhancing convenience for travelers. The policy includes onboard medical coverage, medical evacuation, cabin confinement protection, and formal wear insurance. These protections, previously available only as add-ons, are now bundled into a standard travel insurance package when booked via NCL’s website. All coverage is subject to standard terms, conditions, exclusions, and limits.
According to Allianz, more than 1.25 million Australians take cruise holidays each year. The insurer is positioning itself to support this trend through customizable solutions that respond to evolving traveler preferences. The company also noted a rising interest in cruise travel among Millennials and Generation X.
Damien Arthur, Head of Travel at Allianz Partners Australia, said the collaboration with NCL reflects the company’s commitment to both product innovation and customer convenience. He added that cruise passengers are more likely to consider travel insurance, and this integrated product allows them to secure tailored protection more directly than before.
The global cruise industry has seen a 20% increase in passenger volume compared to 2019 and is projected to reach 40 million annual travelers by 2028.
Related Topics:
What Kind of Insurance Must a Veterinarian Have?
