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Travel Insurance India.com positioned to benefit from a growing travel insurance market in India
With lots of Indian nationals are traveling overseas to see relatives and a growing number of multinational companies in India, travel insurance is a growth market in India. Travel Insurance India.com is well positioned to benefit from this growth.
By: D Tompkins
India’s growth rate will near almost 8% in 2008 despite the global slowdown. India's resilience is being put to the test by the energy crisis affecting most of the industrialized world. It has been widely reported that the domestic insurance industry in India should reach approximately US$ 60.5 Billion by the year 2010 from existing size of about US$ 10.2 Billion. One should also expect similar relative growth for the Indian travel insurance market.
David Tompkins, president of TFG Global Insurance Solutions Ltd. and owner of Travel Insurance India.com stated today that "India’s consumer market ranks 12th in the world. Many feel that by 2025, India’s market will be the fifth largest in the world. By that same period, the Indian middle class will have grown to almost 583 million. Over 23 million Indians will be among the country's wealthiest citizens. This will mean more people who can afford to travel from India to conduct business see relatives and take vacations abroad."
David Tompkins remarked that "our web site offers a variety of travel insurance plans from very reputable international travel insurance carriers who can service this growing market. The Travel Insurance India web site is a key part of our firm’s strategy to tap into the travel insurance market in India.”
Travel Insurance India.com has also set it sights on the huge number of citizens of Indian decent who live abroad, especially in countries such as England, Canada and the United States.
Travel Insurance India.com also offers international health insurance plans for expatriates living and working in India and for Indian nationals living and working overseas.
You can check out the Travel Insurance India.com web site at:
Travel Insurance India offers international travel insurance plans to Indian nationals, people visiting India and citizens around the world. You can choose from travel medical insurance, trip cancellation and interruption plans, group travel insurance and international health insurance. The web site is owned and operated by TFG Global Insurance Solutions Ltd.
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TFG Global Insurance Solutions Ltd. are leaders in providing international insurance plans from the world's leading insurance companies. We offer international life, disability, health and travel insurance online.