Carmel, Indiana, December 12, 2022 /PRNewswire/ — The latest WorldTrips customer data shows that more and more travelers are spending more on vacation. Average cost of travel in 2023 Europe already around $8,817 — it’s because $4,684 Domestic travel will also increase in 2022, with an average cost of $7,878This is because the prices of air tickets, accommodation, meals and entertainment continue to rise around the world.
“Trends of average travel costs for popular people in 2023” we Tourist destinations are a stark reminder of macroeconomic trends that directly affect consumers. ” Mark Carney, CEO of World Trips. “Purchasing a travel insurance plan that includes trip cancellation benefits should be on every traveler’s radar as they prepare for these more expensive trips in 2023.”
What does travel insurance cover?
Atlas Journey Travel protection designed for we Residents who travel domestically and internationally. Atlas Journey Economy, Preferred, and Premier basic plans include 24/7 emergency travel assistance plus trip cancellation, trip interruption, trip delay, emergency medical coverage, emergency medical evacuation, and baggage protection . Travelers can customize the amount of travel coverage and extend coverage with optional upgrades.
Trip Cancellation for Any Reason (CFAR) – 50% or 75% refund for cancellations due to reasons not covered (upgrades available on Preferred and Premier plans only)
Interruption of travel for any reason – Interruption Coverage for Uncovered Reasons (only available on Premier Plan)
destination wedding – Compensation if the destination wedding is canceled
adventure sports – Expand coverage to include sports such as safari, bungee jumping, and hang gliding
Rental car damage and theft – Added collision damage waiver and rental car theft coverage
medical evacuation hospital of choice and higher maximum benefit limits – Doubles medical evacuation coverage and provides evacuation to a hospital of your choice
pet care – Added cancellation cover for death/serious illness of dog or cat; take veterinary care if traveling with you
Main Coverage: Damaged or Lost Baggage – Double Baggage and Baggage Delay Compensation and make Baggage Compensation primary
Private lodging facility – Interruption coverage if the rental is dirty/overbooked or you lose your keys
Additional Eligible Events for Academic, Sporting, Volunteer and Mission Programs – Add cancellation coverage if a student has to take a test, the school year is extended, or a sporting event is scheduled
Travelers can visit WorldTrips.com to purchase products as well as obtain destination-specific travel safety and security information.
Methodology: Data is collected from travel insurance purchases. Atlas Journey plan between January 1, 2022 – December 1, 2022.
Media contact:Clay CoomerWorld Trip
[email protected]
About World Trip
WorldTrips is a full-service organization offering a comprehensive portfolio of travel medical and travel protection insurance products designed to meet the insurance needs of travelers around the world. WorldTrips is a member of Tokio Marine HCC Group. For more information on WorldTrips, please visit WorldTrips.com.
in the californiabehaves as World Trip Insurance ServiceCalifornia Non-Resident Producer License Number: 0G39705
world trips Atlas JourneyAtlas Cruiser and Atlas On-The Go are underwritten by Tokio Marine. HCC US Special Insurance Company (USSIC). texas– Home based insurance company houstonoperating on a recognized basis throughout usaThe scope of coverage is as follows. we inhabitants of we state and District of Columbia that’s all. This plan provides insurance that applies only during eligible trips. You may have insurance from other sources that offer similar benefits, but may be subject to different limits depending on the other policy. We encourage you to compare the terms of this policy with your existing life, health, home and auto insurance policies. Coverage is not available in all states.
View original content and download multimedia: https://www.prnewswire.com/news-releases/worldtrips-reports-higher-travel-insurance-demand-as-trip-costs-rise-301700429.html
SOURCE World Trip
