Travel Risk Tolerance Quiz

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As we entered an unprecedented time in international travel it is important that you understand what your risk tolerance is for planning and executing your travel goals. When, where and how you next travel is very much a personal choice and as the world climbs slowly out of the pandemic enforced shutdowns your decisions are coloured in part by how you feel about all of the changes that have occurred in the past year.

Last week we defined risk tolerance as “the optimal level of risk that someone will take in the pursuit of a specific goal”. In order to understand what level of risk, or chance of loss, you are willing to take try out Travel Risk Tolerance Quiz.

  1. What is your current age?
    1. Over 70
    2. Between 51 – 70
    3. Between 31 – 50
    4. Under 30

 

  1. Over the next few years, what do you expect will happen to your financial situation?
    1. My income will decrease
    2. My income will remain essentially the same
    3. I plan to retire
    4. My income will increase

 

  1. When booking your travel arrangements do you;
    1. Use a travel professional for everything
    2. Only use a travel professional for part of the trip, such as booking flights
    3. Do it all myself using online resources and travel guide recommendations
    4. Really depends on the type of travel and the destination

 

  1. What do you feel will be the most significant reason for not travelling in the next few years?
    1. Ongoing risks associated with the pandemic
    2. An inability to travel for personal reasons (aging, health)
    3. Concerns over increases in the cost of travel
    4. No fears, just anxious to hit the road again

 

  1. How would you characterize your personality?
    1. For me the glass is always half empty.
    2. I worry about even the smallest things.
    3. I am open to new ideas but will take some convincing.
    4. I charge head on into any new experience.

 

  1. When do you feel you will be comfortable travelling again?
    1. I am content to stay home for at least another 5 years
    2. I am happy to wait until 2023 or later
    3. For sure by 2022
    4. As soon as I can

 

  1. When deciding on your travel destinations, what do you think you will focus on?
    1. A road trip close to home
    2. Family friendly destinations
    3. Inclusive resorts
    4. A cruise

 

  1. When you travel and want to experience more of the surrounding area do you;
    1. Book an excursion through the resort or cruise line
    2. Research a reputable local company or follow a travel guide’s recommendation
    3. Hire a taxi or hop on a public bus or subway to get where you want to go
    4. Wander on your own in order to experience the best adventure

 

  1. When choosing a restaurant for lunch or dinner while travelling, do you;
    1. Only eat at restaurants highly recommended by close friends
    2. Only when the menu is in English
    3. Follow the hawkers that are trying to draw me in but only order something I recognize
    4. Ask for the chef’s favourite

 

  1. When booking your travels do you;
    1. Always purchase cancellation, interruption and all other forms of travel insurance
    2. Only purchase out of country medical insurance but no cancellation insurance
    3. Comfortable with whatever travel insurance I have access to for free, such as my credit card benefits
    4. I do not purchasing any form of travel insurance

For each 1. give yourself 1 point, two for 2., three for 3. and four points for every 4. answer.

If you scored between 10 and 19 points you have very low tolerance for risky travel.  You would be wise, and most comfortable staying home for a while longer.

If you scored between 20 and 29 you do not have the lowest tolerance but there needs to be some major concessions before you will feel comfortable traveling again.  Perhaps find destinations that have less risk associated with them.

If you scored between 30 and 39 you are definitely comfortable with some risk and right now are more concerned with finding a way to experience a safe journey again.

If you scored 40 points you have the highest risk tolerance and will be the first online to book your next big adventure and damn the consequences.

Please note there is no scientific data to support the outcome of these decisions.  The quiz questions and resulting conclusions are the sole creation of this writer’s experience and imagination.