Global Long-stay Travel Insurance Market Growth (Status and Outlook) 2023-2029

Global Long-stay Travel Insurance Market Growth (Status and Outlook) 2023-2029

The global Long-stay Travel Insurance market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 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.

LPI (LP Information)' newest research report, the “Long-stay Travel Insurance Industry Forecast” looks at past sales and reviews total world Long-stay Travel Insurance sales in 2022, providing a comprehensive analysis by region and market sector of projected Long-stay Travel Insurance sales for 2023 through 2029. With Long-stay Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Long-stay Travel Insurance industry.

This Insight Report provides a comprehensive analysis of the global Long-stay Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Long-stay Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Long-stay Travel Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Long-stay Travel Insurance and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Long-stay Travel Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of Long-stay Travel Insurance market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Emergency Medical Insurance
Repatriation Insurance
Trip Delay Insurance
Baggage Loss Insurance
Others

Segmentation by application
3-6 Months Travel
6-12 Months Travel
12-18 Months Travel
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allianz
AIG
Zurich
Genarali
AXA Group
PICC
Tokio Marine
Sompo Japan
Chubb
MetLife
Mapfre Asistencia
Hanse Merkur
Pin An

Please note: The report will take approximately 2 business days to prepare and deliver.