Right now, going on vacation may seem like a distant dream, but some travel brands are working tirelessly to create innovative travel insurance packages that keep consumers safe and comfortable -- the 'Travel Protection Plan – Insurance Is On Us’ from Sandals Resorts and Beaches Resorts serves as a prime example.
Now, consumers booking their beach getaway can do so with peace of mind knowing their trip will be protected should pandemic-related implications arise. The special travel package is purchased on behalf of the guest with each booking, making for a more seamless way for consumers to travel. The package offers the coverage of any medial expenses, credits toward a quarantine period, medical evacuation, and financial reimbursement.
Image Credit: Sandals Resorts and Beaches Resorts
What's Driving This Trend
- Medical-related Resort Insurance
- The trend of offering medical-related resort insurance is on the rise in the travel industry due to high demand for added safety provisions.
- Pandemic-specific Travel Insurance
- Pandemic-specific travel insurance is becoming a popular trend as people seek extra protection when booking vacations during uncertain times.
- Seamless Travel Packages
- The trend towards seamless travel packages, which include travel insurance, is growing as consumers seek more convenience in their travel bookings.
Who This Affects Most
- Travel and Tourism
- The travel industry can benefit from offering medical-related resort insurance as it could attract more customers concerned about safety measures.
- Insurance
- The insurance industry has an opportunity to develop pandemic-specific travel insurance packages to meet the demands of consumers seeking extra protection while traveling.
- Hospitality
- Hospitality brands could capitalize on the trend towards seamless travel packages by including travel insurance as part of their booking process, offering added convenience for travelers.
