The Travel Insurance market is a sector of the insurance industry that provides coverage for travelers in the event of unexpected losses or damages incurred while traveling. This type of insurance typically covers medical expenses, trip cancellations, lost luggage, flight delays, and other related losses. It is important to note that travel insurance does not cover losses due to acts of terrorism or war.
Travel insurance policies are typically tailored to the individual traveler's needs and can be purchased for a single trip or for multiple trips. Policies can also be purchased for a specific period of time, such as a year or more.
Some of the major companies in the Travel Insurance market include Allianz, AXA, AIG, Chubb, and Zurich. These companies offer a variety of policies and coverage options to meet the needs of travelers. Show Less Read more