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An Extensive Guide on Travel Insurance for First-Time Buyers

An Extensive Guide on Travel Insurance for First-Time Buyers
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Travel Insurance Market Share, Trends, Top Companies, Growth And Research Report 2024-2032

Travel Insurance Market Share, Trends, Top Companies, Growth And Research Report 2024-2032
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Global Travel Insurance Market Report 2020: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2014-2025 - ResearchAndMarkets.com

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The global travel insurance market grew at a CAGR of around 6% during 2014-2019. Looking forward, the global travel insurance market to continue its moderate growth during the next five years.
Travel insurance provides financial protection for expenses or losses incurred due to unexpected events while domestic or overseas travel. It generally covers the costs of lost or stolen belongings, emergency medical care, accidental death, and trip cancellation and interruption. It takes into effect from the day of travel until the insured reaches back home.
Nowadays, several companies are providing travel insurance with 24/7 emergency services, such as replacing lost passports, cash wire assistance and re-booking canceled flights. They are also offering customization options depending on the geographical location and as per the requirements of the insured individuals.

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