Sep 1, 2021
Whether you’re impatiently awaiting to cross off one of your post-quarantine bucket-list destinations or you’re planning to visit family you haven’t seen in a year and a half, the desire to travel is strong right now for a great many of us. In a survey of 3,000 people, American Express Travel’s Global Trends Report found that 78 percent of respondents want to travel in 2021 to relieve the stresses from 2020. But in order to jet off responsibly post-quarantine, these folks may want to consider buying travel insurance. And, it seems many are doing just that.
There are multiple forms of travel insurance, and the guiding purpose of each policy is to cover travelers for risks and losses before and during vacation. Given that travel insurance company Seven Corners has already seen a 1,000 percent increase from 2020 in the number of customers who inquired about gaining travel insurance, according to internal data, it stands to reason that more people are more interested now in getting covered before taking their trips. Paulina Szydlo, chief product officer at travel insurance startup Rene says that her company has also seen a growing number of users, which she says is likely due to people understanding the potential risks associated with taking trips during a period of uncertainty and wanting to be covered in case of emergency.
Depending on your unique circumstances, you’ll want to choose the best plan to suit your needs. Here are four types of travel insurance you can consider purchasing to cover you during your next trip after lockdown.