Personal Travel Insurance Market to See Huge Growth | Allianz, Manulife, Mapfre, AIG

The latest report on the "Personal Travel Insurance Market To 2028" by the AMA Research includes an analysis of various factors such as size, share, growth factors, sales, demand, revenue, trade, forecast, and global companies analysis. The report provides a detailed examination of the current status of factors such as supply chain management, niche markets, distribution channels, trade, supply and demand, and production capability across different countries to provide a more comprehensive understanding of the industry.

The Prominent/Emerging Players in the Personal Travel Insurance Market includes:
Allianz (Germany), Munich Re Group (Germany), AIG (United States), Assicurazioni Generali (Italy), Chubb (United States), Manulife (Canada), United Healthcare Global (United States), Mapfre (Spain), AXA (France), Tokio Marine Holdings (Japan)

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Personal effects and luggage cover in personal travel insurance is the most frequently claimed benefit, however it is also the one which causes the most confusion at claims time. Personal travel insurance is designed to protect a person from unexpected events during travelling. It is a cost-effective way of protection for domestic as well as international travel. Its coverages include medical expenses, flight accident coverage, accidental death, and baggage and personal effect coverage. In addition to this, it also provides emergency services such as lost passports, cash wire assistance, and rebooking of cancelled flights.

Personal Travel Insurance Market Segmentation:
by End users (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, Others), Travel (Domestic, International), Coverage (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance), Distribution channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators)

Opportunities:
Increasing Unusual Events Such as Natural Disasters and Terrorist Attacks
Government Initiatives for Travel Insurance

Market Drivers:
Ease of Availability of Package Holidays, Online Bookings, and Extensive Coverage of Holydays
Increasing Tourism is Fuelling the Market Growt

Market Trends:
Adoption of Technology in Insurance Industry
Emphasis on Online Platform to Sale Personal Travel Insurance

Challenges:
Lack of Awareness Towards the Personal Travel Insurance

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Global Personal Travel Insurance Market, Regional Analysis: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Report Scope:
The report offers valuable insights into the impact of key players on the market, including their size, industry overview, and product offerings. To evaluate the expansion of these players, the report examines their recent advancements in the field. Covering all major geographical regions and sub-regions worldwide, the report specifically focuses on the market size, market shares, and competitive landscape of the Personal Travel Insurance industry, as well as sales and growth opportunities within these regions. Additionally, the report analyzes the upstream and downstream activities of market players, including their production and distribution channels, as well as product cost analysis. The report highlights critical information and factual data regarding market drivers, limitations, opportunities, trends, and future prospects.

The following is a breakdown of the major topics covered in this document, presented in a Table of Contents format.

1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2023-2028
1.2.1. Personal Travel Insurance Market, by Type, 2023-2028
1.2.2. Personal Travel Insurance Market, by Application, 2023-2028
1.2.3. Personal Travel Insurance Market, by Region, 2023-2028
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Personal Travel Insurance Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study

3. Global Personal Travel Insurance Market Dynamics
3.1. Personal Travel Insurance Market Impact Analysis (2023-2028)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Personal Travel Insurance Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry

5. Competitive Intelligence….

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