LAMEA Travel Insurance Market Industry Forecast 2022
Travel insurance minimizes the risks during travel and intends to cover losses experienced by trip cancellation due to medical emergency, loss of baggage, evacuation due to medical condition or hijack, loss of travel documents, and others. Within LAMEA, Travel Insurance Market in Latin America is expected to grow the highest notable CAGR of 10.9% during the forecast period of 2016 - 2022, owing to a significant increase in the number of outbound travelers. In 2014, 16.7% of the total outbound...
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