Business Travel Accident Insurance Market May See Big Move (2022-2027)
#TravelAccidentInsurance is a specialized #type of #travel #insurance #plan. It acts as #life insurance and it is insurance against #accidental #death and dismemberment in the case of a #travel_accident. The benefits are #paid regardless of whether the traveler has other AD&D coverage and life insurance. Moreover, some of the insurance plans also cover #emergency #medical #expenses. #Limited #insurance_plans give the #maximum reimbursements range to choose from and several are designed specifically for the regular #business #traveler and include coverage for #non-medical #emergency evacuations. #Business_travel can be defined as the traveling performed for the purpose of business between two or more parties. Some of the examples of business travel are traveling from one #branch to another branch of the same #company, traveling to different #locations for #meeting any #suppliers or #business_partners, and traveling for a business #conference or business event across different locations. #Business_travel_accident_insurance is an #important benefit for #many #companies, #particularly those with #employees who #frequently travel #internationally on company business. The global business travel accident insurance market was #estimated to be around USD?4,489.2 million in 2019 which is expected to grow at a #healthy CAGR during the #forecast #period.
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Allianz Partners | AIG | The Hartford | Chubb Insurance (Switzerland) Limited | Generali | Tokio Marine HCC | AXA | Zurich Insurance | MetLife | NATIONWIDE MUTUAL FIRE INSURANCE COMPANY EMPLOYEE HEALTH CARE TR | Aviva | Berkshire Hathaway Specialty Insurance | Sirius International Insurance Group, Ltd. | Bupa | Starr International Company, Inc.?| Seven Corners, Inc.?
·????????Growing Demand for Business Travel
·????????The Rising Worldwide Business Travel Spending
·????????Opportunities Across Emerging Countries
·????????Employees Concerns Regarding Business Travel at Present Scenario Pushing the Employers to Adopt Business Travel Insurance
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·????????Digitalization and Innovation Across the Insurance Sector
?What can be explored with the Business Travel Accident Insurance Market Study?
·????????Gain Market Understanding
·????????Identify Growth Opportunities
·????????Analyze and Measure the Global Business Travel Accident Insurance Market by Identifying Investment across various Industry Verticals
·????????Understand the Trends that will drive Future Changes in Business Travel Accident Insurance
·????????Understand the Competitive Scenario
o??Track Right Markets
o??Identify the Right Verticals
?#Business_Travel_Accident_Insurance Comprehensive Study by?#Type (Single Trip Coverage, Annual Trip Coverga), #Distribution Channel (Agents, Brokers, Bancassurance, Digital & Direct Channels), #End User (Business, Government, Others)