Millennials and Gen Z are buying travel insurance for their trips

Travel insurance - person on hammok on beach looking at phone

Those generations are notably more willing to purchase coverage than those older than them. Even in the face of inflation, Millennials and Gen Z are headed away on vacation and they are purchasing travel insurance to make sure that what they spend is covered against the unexpected. These two generations are far more willing to pay more to protect their vacation investments. Across all generations, 73 percent of people are willing to pay for travel insurance or refundable booking options for their trips, according to a recent report by the…

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