Indonesians Increasingly Aware of Travel Insurance, but Only Buy It on the Day of Departure

Southeast AsiaInsurtech
Written By Chester Tan

Repeat buyers of travel insurance in Indonesia pay 31% higher premiums than first-timers and buy 18 days before departure, against 12. Bisnis Indonesia used Igloo’s 2025 transaction data to argue that speed of distribution has become central to sales, since 30% of policies are bought on the day of travel. Igloo Co-Founder and CEO Raunak Mehta said last-minute buying shows that “people do not plan their travel protection”.

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Chester Tan
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Igloo Research: Most Indonesian Consumers Buy Travel Insurance Close to Departure