![Travel insurance premiums predicted to increase with inflation](https://cdn.magzter.com/1651053503/1719088943/articles/VhX1J4T351719090807346/TRAVEL-INSURANCE-PREMIUMS-PREDICTED-TO-INCREASE-WITH-INFLATION.jpg)
Everything has become pricier, from flight tickets and hotel rates to food and transportation. This also directly impacts travel insurance premiums, which are predicted to increase with swelling travel costs.
This blog will discuss why travel insurance rates are set to increase and provide tips on keeping your policy affordable.
Reasons Why Travel Insurance Rates Are Rising Over the last few years, most travel companies have suffered heavy losses, leading to reduced staff, fleet sizes, and operations.
This story is from the June 23, 2024 edition of The Business Guardian.
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This story is from the June 23, 2024 edition of The Business Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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