Tag: compare travel insurance plans

Best COVID Travel Insurance of 2024

- August 6, 2024 - princis
The best COVID travel insurance is Seven Corners’ Trip Protection Basic, according to our analysis of travel insurance plan rates and coverage options. Editor’s note: This article contains updated information from a previously published stories. Best COVID travel insurance of 2024 Why trust our travel insurance experts Our team of experts evaluates hundreds of insurance products and analyzes thousands of data points to help you find the best product for your situation. We use a data-driven methodology to determine each rating. Advertisers do not influence our editorial content. You can read more about our methodology below. 851 coverage details evaluated.…
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Travel insurance payouts hit record high in 2023

- July 27, 2024 - princis
Travel insurance payouts hit record high in 2023 | Insurance Business America Travel Travel insurance payouts hit record high in 2023 How much do insurers pay on average? Travel By Mika Pangilinan The travel insurance sector saw a 30% uptick in the total value of claims paid out to policyholders in 2023. Travel insurance marketplace Squaremouth.com says this is a historic peak, with payouts averaging at $1,900 per claim. Additionally, the amount reimbursed to travelers on average was six times the cost of purchasing a travel insurance policy. Nearly half of the claims paid in 2023 were for trips that…
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