Travel Insurance Market size is growing at a CAGR of 17.5%

Read more - https://market.us/report/global-travel-insurance-market/

The Travel Insurance Market is a growing sector that provides financial protection to travelers against unforeseen events such as trip cancellations, medical emergencies, lost luggage, and travel delays. With increasing global mobility, people are more aware of the risks involved while traveling, which has led to a surge in demand for travel insurance. The market caters to a wide range of customers including leisure travelers, business travelers, students, and expatriates. Insurers are offering customized products to meet diverse needs, ranging from short-term policies for vacations to long-term plans for frequent travelers. The accessibility of online platforms and digital services has also made it easier for consumers to purchase travel insurance instantly, contributing to its steady growth.