Emergency Medical Claims Dominate in 2024, Surpassing Trip Cancellations
In 2024, the cost of travel rose significantly, leading to an 18% increase in travel insurance claims from the previous year. This coincided with a 37% increase in payout amounts, rising from an average of $1,900 to $2,609.
In 2024, the cost of travel rose significantly, leading to an 18% increase in travel insurance claims from the previous year. This coincided with a 37% increase in payout amounts, rising from an average of $1,900 to $2,609.
