Travelling has become an important part of our business, personal and academic lives. But, it also comes with risks that cannot be neglected, especially financial risks. Thus, global travel insurance market have come up with dedicated schemes of insurance intended to cover only losses incurred during travel (for instance medical emergency and airline delays or cancellations while traveling domestically or internationally).
The global travel insurance market was valued at $XX million in 2017, and our analysts predict the global travel insurance market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.
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Leading players of Travel Insurance Market including:
• Allianz
• AIG
• Munich RE
• Generali
• Tokio Marine
• Sompo Japan
• CSA Travel Protection
• AXA
• Pingan Baoxian
• Mapfre Asistencia
• USI Affinity
• Seven Corners
• Hanse Merkur
• MH Ross
Travel Insurance is available for purchase at the time of ticket booking, despite of the fact from where the ticket or trip has been booked (travel agency or any travel service providers). The duration of travel insurance is mostly for the duration of the trip; however more extensive coverage can be attained straight from the travel insurance house covering various levels of cruises, business, leisure, adventure, business travel and international travels.
This report provides detailed historical analysis of global travel insurance market from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the travel insurance market.
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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Furthermore, the travel insurance market faced a steep revenue regression at the time of recession. However, the travel insurance market started gaining pace near 2010 when consumers’ started getting more sensitive to the potential losses allied at the time of travel.
Travel Insurance Market split by Type:
• Single Trip
• Annual Multi-trip
• Long-Stay
Travel Insurance Market split by Application:
• Family Traveler
• Senior Citizens
• Business Traveler
Travel Insurance Market split by Sales Channel:
• Direct Channel
• Distribution Channel
Moreover, travel insurance are not limited to some medical or cancellations but are available for variety of expenses like:
• Return of a minor child
• Emergency evacuation
• Overseas funeral expenses
• Accidental injury or disablement or death
• Delayed baggage with emergency replacement of necessary items
• Weather related delays
• Legal issues
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Some Points from Table of Content:
Chapter 1 Travel Insurance Market Overview
1.1 Travel Insurance Definition
1.2 Global Travel Insurance Market Size Status and Outlook (2013-2028)
1.3 Global Travel Insurance Market Size Comparison by Region (2013-2028)
1.4 Global Travel Insurance Market Size Comparison by Type (2013-2028)
1.5 Global Travel Insurance Market Size Comparison by Application (2013-2028)
1.6 Global Travel Insurance Market Size Comparison by Sales Channel (2013-2028)
1.7 Travel Insurance Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Chapter 2 Travel Insurance Market Segment Analysis by Player
2.1 Global Travel Insurance Sales and Market Share by Player (2016-2018)
2.2 Global Travel Insurance Revenue and Market Share by Player (2016-2018)
2.3 Global Travel Insurance Average Price by Player (2016-2018)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 8 Upstream and Downstream Analysis of Travel Insurance
8.1 Industrial Chain of Travel Insurance
8.2 Upstream of Travel Insurance
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.2.4 Manufacturing Cost Structure
8.2.5 Manufacturing Process
8.3 Downstream of Travel Insurance
8.3.1 Leading Distributors/Dealers of Travel Insurance
8.3.2 Leading Consumers of Travel Insurance
……..Continued
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