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WARWICK, R.I., May 10, 2021 /PRNewswire/ InsureMyTrip reports a significant spike in travelers seeking travel insurance with Cancel For Any Reason (CFAR) coverage over the past several weeks. The percentage of travelers purchasing policies with a Cancel For Any Reason upgrade has doubled since January 2021, according to the latest data.
Source: InsureMyTrip Research Fully vaccinated Americans are starting to book trips again, but appear to be more inclined to seek maximum trip cancellation flexibility, says InsureMyTrip Product Manager Meghan Walch. While Cancel For Any Reason coverage does tend to cost more than a traditional travel insurance policy, more travelers are now opting to make that investment.
2021 Travelers Buying Travel Insurance For Mexico, The Caribbean
InsureMyTrip predicts pent up demand for travel may trigger more international bookings, once pandemic wanes
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WARWICK, R.I., Jan. 12, 2021 /PRNewswire/ Last year, millions of Americans had to put travel plans on hold due to the pandemic. While travel bans and restrictions continue to remain in place, there are signs of growing optimism for an eventual travel rebound. This week, InsureMyTrip reports a slight uptick in travel insurance purchases for trips abroad. Those international trips are scheduled to be taken later this year.
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December 17, 2020 7:15 AM Jason Metz - Forbes Advisor
Posted:
Updated:
December 18, 2020 11:57 PM
While Hallmark movies love to portray Christmas as the perfect time to shed your big city anxieties to rediscover your small town roots, the truth is many Americans like to hightail it to another country for the holiday season.
But for those looking to get lost in an exotic locale, COVID-19 has put a serious damper on international travel plans. For the first time in recent years, domestic trips will be double the number of international trips during the Christmas season, according to Squaremouth, a travel insurance comparison company. Squaremouth has seen a 136% increase in domestic travel this year compared to 2019 and a 53% decrease in international trips.
Fewer Americans Traveling Internationally This Holiday Amid Coronavirus Pandemic prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.