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The Multi Trip Policy market within the context of Travel Insurance is a type of insurance policy that covers multiple trips taken within a certain period of time. It is designed to provide coverage for travelers who take multiple trips throughout the year, such as business travelers or frequent vacationers. The policy typically covers medical expenses, trip cancellation, lost or stolen luggage, and other travel-related risks. It may also provide coverage for emergency medical evacuation and repatriation.
The Multi Trip Policy market is a growing segment of the travel insurance industry, as more travelers are taking multiple trips throughout the year. It is an attractive option for travelers who want to save money on insurance costs while still having the peace of mind that they are covered in the event of an emergency.
Some companies in the Multi Trip Policy market include Allianz Global Assistance, AXA Assistance, World Nomads, and Travel Insured International. Show Less Read more