The Rise of Travel Insurance in an Uncertain World Travel insurance has become essential for anyone booking a trip abroad, particularly since the COVID 19 pandemic.
Sales have skyrocketed by over 50% since 2020, with companies like Allianz Travel Insurance reporting significant increases in policy sales.
The pandemic has exposed vulnerabilities in global health infrastructure, and travel insurance companies have responded by introducing epidemic coverage endorsements that add new reasons for cancellations and interruptions.