{"id":1105,"date":"2022-04-12T13:02:20","date_gmt":"2022-04-12T13:02:20","guid":{"rendered":"https:\/\/reviewlads.uk\/?p=1105"},"modified":"2022-04-12T15:09:46","modified_gmt":"2022-04-12T15:09:46","slug":"travel-insurance-statistics","status":"publish","type":"post","link":"https:\/\/reviewlads.uk\/travel-insurance-statistics\/","title":{"rendered":"Travel Insurance Statistics"},"content":{"rendered":"\n

The pandemic breakout brought the travel industry to almost a complete halt in 2020. Though the unprecedented times become precedented and the global vaccine rollout helped relax cross-border restrictions, the new variants looming trigger general unrest and concerns around holidays.<\/p>\n\n\n\n

Travel insurance statistics also show that the habits of Britons are also changing due to the UK\u2019s departure from the EU, which has also prompted the public to purchase coverage more frequently. So, to stay in the loop of the latest industry goings-on, scroll down to our collection of travel insurance stats and facts.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pandemic breakout brought the travel industry to almost a complete halt in 2020. Though the unprecedented times become precedented and the global vaccine rollout helped relax cross-border restrictions, the new variants looming trigger general unrest and concerns around holidays. Travel insurance statistics also show that the habits of Britons are also changing due to […]<\/p>\n","protected":false},"author":3,"featured_media":1193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_wp_stack_schedule":false,"footnotes":""},"categories":[1],"tags":[],"acf":{"faq":[{"faq-question":"How big is the travel insurance market?","faq_answer":"The global travel insurance market was valued at US$15 billion in 2020 and is expected to grow at a compound annual growth rate of over 14% between 2021 and 2030. \r\n(Yahoo Finance)"},{"faq-question":"What is the most common travel insurance claim?","faq_answer":"Cancellation is the most common claim, according to global travel insurance statistics. \r\n(Nimblefins)"},{"faq-question":"What does travel insurance not cover?","faq_answer":"Unless specified otherwise, most policies don\u2019t allow cancellation for any reason. Regular policies would also leave out named storms, pregnancies, medical tourism, and refundable reservations. Within the context of Covid, many policies would also not cover travellers who are taking a trip to a country that the FCDO advises against. \r\n(NerdWallet, EuroNews)"},{"faq-question":"Why is travel insurance recommended?","faq_answer":"Travel insurance offers protection in case your trip doesn\u2019t go as planned. Travel insurance statistics show that policies typically cover your expenses if you are stranded due to circumstances beyond your control and there\u2019s no rep to help sort out the problem, or if you fall ill during your trip, it\u2019ll cover your medical costs or emergency travel costs to get home. \r\n(Citizens Advice)"}],"white_box_content":"

Travel Insurance Statistics\u2014Highlights<\/h2>\r\n