Insurer AIG Travel Guard has launched a new product. The Adventure Travel Protection Plan gives travellers cover for extreme activities that would not usually be included in a travel insurance policy, such as bungee jumping, sky diving and mountain climbing.

The company said that adventure travel is one of the fastest-growing areas of tourism. The new package offers a variety of cover, including participation in athletic events, mountain climbing and motorsport. There is also cover for air travel, which includes hot-air ballooning and sky diving and optional cover for collisions that occur in a rented car.

The CEO of AIG Travel Guard, John Noel, said: "Adventure travel continues to be a high growth area for American tourism. Adventure travellers need coverage that the typical traveller 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 travellers."