Travel insurance sales remain elevated post-pandemic, but coverage demands are evolving
Looking at data from this past winter travel season, Squaremouth saw a 120% in searches for baggage delay coverage and an 85% increase in policies sold. Policies covering lost luggage saw a 101% increase in sales, while missed connection coverage saw a 138% increase. (Credit: Rick Bowmer/AP)
As air travel picked back up following the pandemic, demand for travel insurance grew as some destinations continued to require coverage and negative COVID-19 to gain entry. While these requirements have fallen away, demand for travel insurance continues to see growth, according to Megan Moncrief, chief marketing officer for Squaremouth, Inc., who notes