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The Lost Baggage market is a subset of the Travel Insurance industry. It provides coverage for travelers who have lost their luggage or personal items while traveling. This type of insurance is designed to reimburse travelers for the cost of replacing lost items, as well as any additional expenses incurred due to the loss. It can also provide coverage for items that are damaged or stolen while in transit.
Lost Baggage insurance is typically offered as an add-on to a comprehensive travel insurance policy, and can be tailored to meet the needs of the individual traveler. It is important to note that coverage limits and exclusions vary by policy, so it is important to read the policy carefully before purchasing.
Some companies in the Lost Baggage market include Allianz Global Assistance, AXA Assistance, and World Nomads. Show Less Read more
