Year: 2018
Type: article
Abstract: The article reveals the essence and specific features of traveler risks. It substantiates that they can be conventionally grouped into two large groups. They are the risks borne by tourists when planning and carrying out a tourist trip (traveler risks) and the risks of tourist enterprise activity during the formation, promotion and realization of tourist products, as well as providing recreational services (economic risks of economic entities). The role of insurance mechanisms in preventing and minimizing negative consequences of the risks accompanying the tourist activity of citizens is noted. The specifics of insurance protection of participants of the tourist market from their influence are considered. The system of services for providing insurance protection against risk situations during a tourist trip of citi-zens is characterized, in particular, services covering the life insurance and health of tourists, their prop-erty and responsibilities. The particular attention is paid to the issue of security in the international tour-ism. It is proved that in recent years this type of tourism is gaining popularity among the Ukrainian tourists. The compensational and service (assistance) forms of insurance services for tourists abroad are described. It is determined that the risks affecting activities of tourist business enterprises and provided by insurance protection are divided into general and specific ones. The general risks are fire risks which are called FLEXA in the international classification, as well as technical risks. Specific risks are the enterprise civil liability for service users. The types of liability insurance companies of the tourist indus-try and tourist carriers include third party liability insurance for non-fulfillment of obligations; insurance of civil liability for damage to property of other persons; insurance of civil liability of vehicle owners, etc. Insurance peculiarities of these types of risks are characterized. It is defined that the use of insurance mechanisms to minimize negative effects of entrepreneurial risks of enterprises of the tourist industry in Ukraine is not used in full. Simultaneously, the studied segment of the insurance service market has not received a proper development. It requires deepening of the cooperation of enterprises of the tourist industry with insurance companies. The level of development of the domestic insurance market does not allow taking into account the needs of potential insurers in protection. The problems, arising during tourist risk insurance are defined and ways of their solution are offered. It is found that the factors hin-dering the development of travel risk insurance include the economic situation in the state and the insuf-ficient level of insurance culture of all participants of the tourist market. It is proved that an effective instrument for the development of tourism on a secure basis, provided the development and commer-cialization of new domestic insurers of insurance products, is the development of infrastructure units of the travel segment in the insurance market, as well as increasing legal requirements regarding content quality insurance products to tourists.
Source: Economies Horizons
Institution: Pavlo Tychyna Uman State Pedagogical University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2806451787