AIG Travel Guard, a provider of travel insurance and assistance plans, has launched its new Adventure Travel Protection Plan that provides coverage for many activities excluded in most travel plans, including bungee jumping, mountain climbing, sky diving and motor sports.

The insurer said that adventure travel continues to be one of the fastest-growing segments of global tourism. Understanding the unique and rapidly changing interests and perspectives of adventuresome people is critical in serving this growing market.

The Adventure Travel Protection Plan offers a range of coverage, including coverage for participation in athletic events, motor sports, mountain climbing, aircraft flying and air travel including sky-diving and hot-air ballooning. The plan also offers optional Cancel for Any Reason coverage and optional Car Rental Collision coverage.

AIG Travel Guard has also introduced a series of enhancements to its Active Suite of plans – the Adventure Travel Protection, Sportsman’s Travel Protection and Tee, Tour and Travel plans. The enhancements include higher coverage limits and new features designed to provide increased coverage to travelers who continue to pursue their favorite activities while on vacation.

John Noel, CEO of AIG Travel Guard, said: Adventure travel continues to be a high growth area for American tourism. Adventure travelers need coverage that the typical traveler does not – that’s why we created this special niche plan. Not only does it include insurance coverage, it also has a special hotline that’s a great resource for adventuresome travelers.