Complexity or an increase in factors out of the travelers control had an impact on the likelihood of purchasing travel insurance. A few aspects of travel insurance buyers can consist of the following:
- Traveling with a group of people.
- Taking longer trips.
- Going on more expensive trips.
Another interesting result of the survey showed “purchasers of travel insurance are more likely to have a destination or activity as part of their trip rather than visiting friends and relatives.” The survey revealed also that “77 percent of people using a travel agent to book their vacation bought travel insurance.”
Do you buy travel insurance when you go on certain trips or vacations?
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