These comprehensive policies play a critical role in safeguarding travelers against unforeseen events, ensuring peace of mind, and offering protection during domestic and international journeys. Travel insurance policies are essential products widely employed by individuals and businesses for mitigating financial risks associated with travel-related uncertainties. ![]() The travel insurance market is a crucial and rapidly evolving sector within the broader insurance industry. Looking forward, IMARC Group expects the market to reach US$ 33.7 Billion by 2028, exhibiting a growth rate (CAGR) of 12.6% during 2023-2028. ![]() The global travel insurance market size reached US$ 15.9 Billion in 2022. BROOKLYN, NY, USA, July 24, 2023/ / - IMARC Group has recently released a new research study titled “Travel Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
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