As Travel Resumes, Insurance Claims Follow
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When it comes to traveling, there are two types: 1) those that buy travel insurance, show up to the airport 3 hours early, and favor fanny packs 2) others who are comfortable asking people to cut the line at security because their gate closes in five minutes.
In the Age of Covid, there have been far too many of the former for the travel insurance industry to handle. And now that people have gone from rewatching In Bruges on blu-ray 1,000 times during lockdown to going on holiday in the actual Bruges -- travel is booming and the number of people filing claims has surged during our still-not pandemic free times. And the industry has been left licking its wounds and pondering its future.
Source Fool.com
