Travel Insurance Market (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators) Growing at a CAGR of +8 % During 2017-2022
The outlook of each of these business sectors for Travel Insurance has been determined for the assessed time period 2017– 2022. Travel insurance provides an extensive range of benefits for events, such as trip cancellation due to a medical emergency, loss of baggage, evacuation due to a medical condition or hijack, and loss of travel documents. However, it is considered as an unrequired expense by a large pool of travelers. Lack of awareness and guidance is a major factor that...
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