Personal Travel Insurance Market Is Booming Worldwide with Allianz, Munich Re Group, AIG

Personal Travel Insurance Comprehensive Study by End users (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, Others), Travel (Domestic, International), Coverage (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance), Distribution channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators) Players and Region - Global Market Outlook to 2025

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Edison, NJ -- (SBWire) -- 04/16/2021 --Latest Research Study on Global Personal Travel Insurance Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Personal Travel Insurance Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Personal Travel Insurance. This Report also covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Allianz (Germany), Munich Re Group (Germany), AIG (United States), Assicurazioni Generali (Italy), Chubb (United States), Manulife (Canada), United Healthcare Global (United States), Mapfre (Spain), AXA (France), Tokio Marine Holdings (Japan),

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Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Personal Travel Insurance Market various segments and emerging territory.

Brief Overview on Personal Travel Insurance:
Personal effects and luggage cover in personal travel insurance is the most frequently claimed benefit, however it is also the one which causes the most confusion at claims time. Personal travel insurance is designed to protect a person from unexpected events during travelling. It is a cost-effective way of protection for domestic as well as international travel. Its coverages include medical expenses, flight accident coverage, accidental death, and baggage and personal effect coverage. In addition to this, it also provides emergency services such as lost passports, cash wire assistance, and rebooking of cancelled flights.

Market Drivers:
Increasing Tourism is Fuelling the Market Growth
Ease of Availability of Package Holidays, Online Bookings, and Extensive Coverage of Holydays

Market Trends:
Emphasis on Online Platform to Sale Personal Travel Insurance
Adoption of Technology in Insurance Industry

The Global Personal Travel Insurance Market segments and Market Data Break Down are illuminated below:
by End users (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, Others), Travel (Domestic, International), Coverage (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance), Distribution channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Personal Travel Insurance Market Latest Insights:
In June 2020, Berkshire Hathaway Travel Protection has launched Exact Care Lite which is a new travel insurance that is made for road trip travellers. It can protect non-refundable lodging reservations and attraction tickets, trip disruption which is caused by traffic accidents and can protect families with kids-included pricing.

Strategic Points Covered in Table of Content of Global Personal Travel Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Personal Travel Insurance market
Chapter 2: Exclusive Summary – the basic information of the Global Personal Travel Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Personal Travel Insurance
Chapter 4: Presenting the Global Personal Travel Insurance Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Global Personal Travel Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2020-2025)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Personal Travel Insurance Market is a valuable source of guidance for individuals and companies in their decision framework.

Data Sources & Methodology
The primary sources involve the industry experts from the Global Personal Travel Insurance Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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- Supporting company financial and cash flow planning
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments

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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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