Baloise launches new insurance for holidays - is it worth it? Analyze financial experts.

Baloise launches new insurance for holidays - is it worth it? Analyze financial experts.

According to a report by www.luzernerzeitung.ch, Baloise has launched a new insurance policy that makes it possible to protect yourself against rainy holidays. Critics consider this to be a “bet on the weather.”

In fact, the idea of ​​fair-weather insurance is an innovative approach. However, this can also have an impact on the insurance market. The introduction of this type of insurance could open up new ways for insurance companies to differentiate themselves from the competition and adapt to the changing needs of consumers. This could also lead to other insurance companies launching similar products in order to remain competitive.

For consumers, such insurance could be an attractive option to protect themselves against unpredictable weather events, especially during expensive vacations. However, it would be important to evaluate the exact terms, costs and potential benefits of such insurance to determine whether it is worth it.

Overall, the introduction of fair-weather insurance could have an impact on the insurance industry and provide consumers with a new way to protect themselves. It will be interesting to see how this new development affects the market and whether other companies will introduce similar products.