Space tourism insurance

Space tourism is no longer a dream. On Saturday 18 September 2021, the first four civilian passengers of Falcon 9, the space vehicle designed by SpaceX, an Ameri-can company specialized in aeronautics, returned to earth after a three-day journey in space.

The success of the "Inspiration4" mission paves the way for the future democratiza-tion of space travel. Specialized companies such as Virgin Galactic and Blue Origin believe they will be able to offer flights with suborbital or space trajectories to reduce travel time between far-away countries.

Space travel is expected to expand significantly over the next decade and shall generate a 10-15 billion USD industry annually. The popularization of space travel will pave the way for the elaboration of adapted insurance policies whose price should progressively decrease.