Guidelines and Measures Related to Insurance to Protect Space Tourists in Thailand
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Abstract
Space tourism is a burgeoning sector of the new space economy, garnering significant attention worldwide. However, this industry carries inherent risks at every stage. Therefore, there is a need for research studies to prepare insurance options for space tourists, aimed at mitigating potential dangers. The results of the current study indicate that existing insurance definitions, concepts, theories, and principles can be applied in preparing insurance for space tourists. However, global society still lacks clarity on insurance measures to cover the risks associated with space tourism. Notably, national space laws and/or national guidelines in countries such as the United States, the United Kingdom, South Korea, and Thailand do not mandate insurance for space tourists. Moreover, within Thailand’s insurance industry, it is evident that there are no policies, laws, or practices specifically related to the protection of space tourists. Therefore, it is deemed appropriate to propose the following guidelines and measures to address the aforementioned problems in Thailand: Firstly, prepare and/or revise Thailand’s space policies and laws to ensure clarity and continuity. Secondly, promote initiatives aimed at ensuring the protection of space tourists. Thirdly, advocate for the development of insurance policies tailored specifically for space tourists. Finally, undertake additional actions related to space tourism, such as establishing a statistical database to catalog risks and other pertinent information.
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