A Year’s Worth of Benefits on One Policy
In the second episode of battleface Insights, we analyzed policy data of people who have bought annual plans for multiple trips.
While single trip policies tend to get most of the attention, these lesser-known annual policies have been getting more interest in 2024. Which begs the question: who is buying annual travel insurance?
Find out by tuning into episode two of the battleface Insights podcast below.
Episode 2: Annual Travel Insurance – Who’s Buying This?
Summary:
- Introduction
- 01:22 – Chapter 1: trending age range of insureds
- Over 35% of policyholders fall within one generational demographic
- 02:06 – Chapter 2: average number of insureds per policy
- 02:55 – Chapter 3: what states do these insureds reside in?
- Key insight: one state alone makes up nearly 30% of purchases
- 03:55 – Chapter 4: where are annual policyholders traveling?
- This chapter was the most surprising to us when looking at international vs domestic travel!
- 04:41 – Chapter 5: summarizing who is buying annual travel insurance
- 06:06 – Chapter 6: how you can use this information
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Subscribe to the battleface Insights podcast: https://www.youtube.com/@battlefacePlan
Did you find these insights informative?
Let’s continue the conversation – because the way people travel and experience the world continues to evolve and travel insurance must be steps ahead to address the needs of tomorrow’s travelers.