Travel insurance claims and payouts are on the rise. Here's why travelers on these types of trips should consider protection.

Travel insurance offers security but claims require approval. Most claims succeed, but some face rejection or further review.

In 2023, the company said the travel insurance sector saw a 30% increase in the total value of claims paid out to policyholders, with payouts averaging $1,900 per claim. Trip cancelations constituted ...

In 2024, more than 40% of paid travel insurance claims were due to trips that were canceled or cut short, with travelers receiving an average payout of over $2,000. With 2025 trip costs up 24% ...

Our survey of TravelSafe travel insurance customers found that 89% are satisfied with customer service, which was average (88%). Overall, 87% of TravelSafe customers who made claims are satisfied ...

The answer to whether travel insurance covers financial loss due to flight delays or cancellations is specific to the policy ...

CNBC Select reviews top online travel insurance provider Faye, a strong winner with fair rates, high coverage limits and a ...

ST. PETERSBURG, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- As travel costs surged in 2024, more travelers sought protection ...

Southern Cross Travel Insurance revealed the most expensive claim for 2024 related to a medical emergency in the US. Photo / 123rf “Our top claims have been very complex medical claims which can ...