This past January travel insurance sales saw a big jump, with Squaremouth reporting a 181% increase compared with 2019 levels, as concerns about COVID-19 and its variants continued to drive consumers' desires to protect their trips.
Further, around 40% of travel insurance policyholders reported buying coverage because they specifically needed it because of the pandemic, according to Squaremouth.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
