Experts: Space Tourism Faces Challenges From Insurance Companies

The space tourism will face high prices and skepticism from the insurance industry during its early years, according to experts at a recent high hurdles from the insurance business in its early years, according to industry experts who spoke at the Federal Aviation Administration’s annual Commercial Space Transportation Conference.

Experts said that policy costs will be extremely high until a company flies safely at least three times. A string of failures could doom a start-up company, they said.

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