Global Long-stay Travel Insurance Supply, Demand and Key Producers, 2023-2029
The global Long-stay Travel Insurance market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
There has been a growing trend of individuals and families embarking on long-term travel adventures, whether for work, study, or leisure. This has led to an increased demand for travel insurance policies that provide coverage for extended periods, ranging from a few months to a year or more. Given the longer duration of travel, there is an emphasis on comprehensive medical coverage in long-stay travel insurance policies. This includes coverage for emergency medical expenses, hospitalization, medical evacuation, and repatriation. Insurers are increasingly offering higher coverage limits and extended benefits for medical emergencies. Long-stay travelers often engage in adventurous activities and sports during their trips. Insurers are offering coverage for a wide range of adventure activities, such as scuba diving, hiking, skiing, and more. These specialized coverage options address the specific risks associated with these activities.
This report studies the global Long-stay Travel Insurance demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Long-stay Travel Insurance, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Long-stay Travel Insurance that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Long-stay Travel Insurance total market, 2018-2029, (USD Million)
Global Long-stay Travel Insurance total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Long-stay Travel Insurance total market, key domestic companies and share, (USD Million)
Global Long-stay Travel Insurance revenue by player and market share 2018-2023, (USD Million)
Global Long-stay Travel Insurance total market by Type, CAGR, 2018-2029, (USD Million)
Global Long-stay Travel Insurance total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Long-stay Travel Insurance market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Allianz, AIG, Zurich, Genarali, AXA Group, PICC, Tokio Marine, Sompo Japan and Chubb, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Long-stay Travel Insurance market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Long-stay Travel Insurance Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Long-stay Travel Insurance Market, Segmentation by Type
Emergency Medical Insurance
Repatriation Insurance
Trip Delay Insurance
Baggage Loss Insurance
Others
Global Long-stay Travel Insurance Market, Segmentation by Application
3-6 Months Travel
6-12 Months Travel
12-18 Months Travel
Others
Companies Profiled:
Allianz
AIG
Zurich
Genarali
AXA Group
PICC
Tokio Marine
Sompo Japan
Chubb
MetLife
Mapfre Asistencia
Hanse Merkur
Pin An
Key Questions Answered
1. How big is the global Long-stay Travel Insurance market?
2. What is the demand of the global Long-stay Travel Insurance market?
3. What is the year over year growth of the global Long-stay Travel Insurance market?
4. What is the total value of the global Long-stay Travel Insurance market?
5. Who are the major players in the global Long-stay Travel Insurance market?
6. What are the growth factors driving the market demand?