Does Travel Insurance Cover Space Tourism?
November 8, 2021
Interest in Space Tourism Soars to New Heights with the Inspiration4 Mission
Space tourism has reached new heights in North America with the successful launch of Inspiration4, the world’s first orbital spaceflight that consisted entirely of private civilians. The flight itself broke records in space travel, reaching one of the highest orbits ever on a crewed flight at 585 km over the earth’s surface. Most notably, this space tourism event was charitable in nature, as the St. Jude Children's Research Hospital in Memphis, Tennessee, raised donations to fund the flight and further their research efforts.
With positive media coverage of Inspiration4 spanning across the globe, many people have started pondering the idea, “when is it my turn for space travel?”
Should you decide to travel into space in the near future, travel insurance is likely not to cover the many mishaps that could occur during your trip. In fact, there aren’t any products that can address the complications associated with space travel, but that might soon change.
Addressing Travel Mishaps Related to Space Tourism
As CAP plays an important role for many international travelers and the challenges they face, including air ambulance and emergency relocation, space travel is something we are currently looking into. In the meantime, find answers to some of the most common questions related to space travel.
What is Space Tourism?
Space tourism is typically divided into four categories: high-altitude fighter jet flights, atmospheric zero-gravity flights, short-duration suborbital flights, and longer orbital trips into space. Space tourism offers the ability for everyday people to experience weightlessness along with an incredible view of planet earth.
How Much Does Space Tourism Cost?
Private space flights are, for now, reserved for the wealthy as an individual flight could cost up to half a million dollars.
Will Space Tourism Become More Accessible to Everyday People?
The positive reception of Inspiration4 has prompted many people to take an interest in space travel. Many more private trips to space are planned in the coming years, and space travel could become more accessible to everyday people within the next ten years. It is very expensive, but ongoing innovations could make zero gravity flights much more affordable in the coming years.
Is Space Tourism Safe?
Space tourism comes with many inherited risks and is far more complicated than traditional international travel. For those partaking in space travel, each traveler must fully understand the potential consequences of traveling to outer space.
When Will Space Tourism Be Made Available to the Public?
Many pundits predict that the space tourism industry will grow into a multi-billion-dollar industry in the next ten years.
Space Tourism and CAP, Powered by FocusPoint
Space travel might be a way away, but for any international traveler looking to address the complications associated with international travel, there is one product that goes far beyond the coverage offered by traditional travel insurance.
FocusPoint International’s CAP Travel Medical and Security Assistance Plan comes with a robust mobile app that includes destination-based health, safety, and security intelligence, COVID-19 specific information, a one-touch assistance button, and much, much more.
The CAP Plan includes unlimited 24/7 advice for a long list of travel mishaps often overlooked by traditional travel insurance, including COVID quarantine cost coverage. It also provides a fully-funded response to incidents of riots, strikes, and civil commotion, natural disasters, with medical evacuation to a home hospital of choice, should you suffer from a medical mishap resulting in hospitalization.
Contact us directly to learn more about available offerings for international and luxury travelers.