Travel Insurance Market 2016-2020 Global Research Report Travel Insurance Market 2016-2020 Global Research
Global Travel Insurance Market 2016-2020
Global Travel Insurance Market 2016-2020 is the latest addition to Sandlerresearch.org industry
research reports collection.
Travel insurance covers the expense, such as trip cancellation, cancellation due to the medical
emergency, resulting from unexpected events during domestic and international travel. Some of these
policies also pay for damage to rented equipment, such as car, or for ransom in case of kidnapping.
Many online companies that sell flight tickets or tour packages offer travel insurance at an additional
cost to its customers.
Travel insurance is a hard-selling product. Regulatory authorities and governments of several countries
worldwide have made travel insurance mandatory, which will likely increase the uptake of these
products during the forecast period and expand business and increase profitability of travel insurance
providers. Growing market and evolving demand have pushed the insurance companies to develop and
customize products to suit client needs, making the market highly competitive for the local and
international private travel insurance companies that offer competitive pricing for their products.
The analysts forecast Global Travel Insurance Market to grow at a CAGR of 11.6% during the period
2016-2020.
Covered in this Report
This report covers the present scenario and the growth prospects of the global Travel Insurance market
for 2016-2020.
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Key regions
Americas
APAC
EMEA
Key vendors
CSA Travel Protection
Seven Corners
TravelSafe Insurance