Latest research on Personal Travel Insurance Market

Personal Travel Insurance Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Personal Travel Insurance Market Study" explored CAGR of %. According to the report, Emphasis on Online Platform to Sale Personal Travel Insurance is one of the primary growth factors for the market. Increasing Tourism is Fuelling the Market Growth is also expected to contribute significantly to the Personal Travel Insurance market. Overall, applications of Personal Travel Insurance, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End users, such as Senior Citizens, is boosting the Personal Travel Insurance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Travel, such as Domestic, is boosting the Personal Travel Insurance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Coverage, such as Single-Trip Travel Insurance, is boosting the Personal Travel Insurance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution channel, such as Insurance Intermediaries, is boosting the Personal Travel Insurance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Personal Travel Insurance market identified that the demand is rising in many different parts of the world as "Government Initiatives for Travel Insurance ". Furthermore, some recent industry insights like "In June 2020, Berkshire Hathaway Travel Protection has launched Exact Care Lite which is a new travel insurance that is made for road trip travellers. It can protect non-refundable lodging reservations and attraction tickets, trip disruption which is caused by traffic accidents and can protect families with kids-included pricing." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Personal Travel Insurance market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Personal Travel Insurance market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Personal Travel Insurance Market Study

Data Triangulation
The overall Personal Travel Insurance market size is calculated using market estimation process, the Personal Travel Insurance market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Personal Travel Insurance market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager