Trip cancellation insurance purchased in 95 percent of 2021 travel policies

Trip cancellation insurance - woman traveler

A recent Squaremouth.com analysis showed that nearly all travelers buying coverage include that option. The COVID-19 pandemic crisis has had an astounding impact on the travel industry, including the trend toward purchasing trip cancellation insurance. Following the global lockdowns, purchased travel policies now nearly always include options to cancel. The analysis was conducted by Squaremouth.com. That firm reported that among all the travel policies it has sold for 2021, about 95 percent include trip cancellation insurance. “Trip cancellation has always been the primary driver of travel insurance purchases,” said Megan…

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