Travel insurance is mainly designed to cover the cost and losses associated with travelling. Travel insurance is useful protection for those travelling domestically or internationally. It is specialized form of insurance intended to cover financial default, medical expenses, and other sources of financial loss during travelling.
Increase in tourism which led to several incidences like trip cancellers, loss of luggage and important documents, and medical emergencies is the key driving factor for market which is expected to boost the global travel insurance market growth. Furthermore, increase in disposable income, easy online travel bookings, extensive coverage of holidays, package holidays, and others positively contribute the market growth. Also, convenient options offered to customers for travel insurance purchases through online comparison shopping sites like direct airline sites and online travel agencies, company websites and applications will fuel the market growth over the forecast period. In addition to that, travel insurance providers offer various plans by covering costs and losses depending on coverage in the policy which is expected to propel the global travel insurance market growth.
However, lack of awareness regarding travel insurance policies, and low consumer experiences in terms of coverage are major restraining factors which are expected to hinder the global travel insurance market growth during this analysis period.
Global Travel Insurance Market is segmented into insurance cover such as Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance, by distribution channel such as Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators. Further, market is segmented into end user such as Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others.
Also, Global Travel Insurance Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Allianz Group, American International Group Inc., Assicurazioni Generali S.P.A, AXA, Insure & Go Insurance Services Limited, Seven Corners Inc., Travel Insured International, TravelSafe Insurance, USI Insurance Services , and Zurich Insurance Co. Limited
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Insurance Cover
5.2 Global Travel Insurance Market Share Analysis, By Insurance Cover
5.3 Global Travel Insurance Market Size and Forecast, By Insurance Cover
5.3.1 Single-Trip Travel insurance
5.3.2. Annual Multi-Trip Travel Insurance
5.3.3 Long-Stay Travel Insurance
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Travel Insurance Market Share Analysis, By Distribution Channel
6.3 Global Travel Insurance Market Size and Forecast, By Distribution Channel
6.3.1 Insurance Intermediaries
6.3.2 Insurance Companies
6.3.3 Banks
6.3.4 Insurance Brokers
6.3.5 Insurance Aggregators
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Travel Insurance Market Share Analysis, By End User
7.3 Global Travel Insurance Market Size and Forecast, By End User
7.3. 1 Senior Citizen
7.3.2. Education Travelers
7.3.3. Business Travelers
7.3.4 Family Travelers
7.3.5 Others
8.1 Global Travel Insurance Market Share Analysis, By Region
8.2 Global Travel Insurance Market Share Analysis, By Region
8.3 Global Travel Insurance Market Size and Forecast, By Region
9.1 Introduction
9.2 North America Travel Insurance Market Share Analysis, By Insurance Cover
9.3 North America Travel Insurance Market Size and Forecast, By Distribution Channel
9.4 North America Travel Insurance Market Size and Forecast, By End User
9.5 North America Travel Insurance Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Travel Insurance Market Share Analysis, By Insurance Cover
10.3 Europe Travel Insurance Market Size and Forecast, By Distribution Channel
10.4 Europe Travel Insurance Market Size and Forecast, By End User
10.5 Europe Travel Insurance Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11.1 Introduction
11.2 Asia Pacific Travel Insurance Market Share Analysis, By Insurance Cover
11.3 Asia Pacific Travel Insurance Market Size and Forecast, By Distribution Channel
11.4 Asia Pacific Travel Insurance Market Size and Forecast, By End User
11.5 Asia Pacific Travel Insurance Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Travel Insurance Market Share Analysis, By Insurance Cover
12.3 Latin America Travel Insurance Market Size and Forecast, By Distribution Channel
12.4 Latin America Travel Insurance Market Size and Forecast, By End User
12.5 Latin America Travel Insurance Market Size and Forecast, Country
13.1 Introduction
13.2 Middle East Travel Insurance Market Share Analysis, By Insurance Cover
13.3 Middle East Travel Insurance Market Size and Forecast, By Distribution Channel
13.4 Middle East Travel Insurance Market Size and Forecast, By End User
13.5 Middle East Travel Insurance Market Size and Forecast, By Country
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
