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Check-in Episode 23: What's Trending with Travel Insurance?

Travel Market Report
Travel Market Report
โœจCasual
๐Ÿ‘๏ธ 124 views๐Ÿ“… 4 years agoโฑ๏ธ 31:00
What This Creator Said
Creator RecommendsTips & AdviceโœจCasual Creator

Source: Our analysis of the creator's lived experience, based on what they said in this video.

Creator's Key Takeaways

travel insurance is one of those things that that every advisor knows that they they usually offer because you you need to take it right

the travel insurance segment is responsible for looking far ahead and figuring out how they can best deal with an uncertain future

i think it's bringing awareness up yeah and from the from the travel agents and travel advisors i've i've been speaking to it they seem to have an easier time selling it now

you know pick an alliance product pick one that that fits the the need of your traveler um because there's a few different products

Creator's Tips & Advice

โœ“Pick one Allianz product that fits the traveler's needs and know it well
โœ“Position the product at a high level and let Allianz handle detailed questions

Questions This Creator Answers

QHow has the pandemic impacted travel insurance demand and business?
QWhat are common mistakes advisors make when selling travel insurance?
QHow can new advisors effectively market travel insurance to clients?
YouTube Video Descriptionโ†“

According to Adroit Market Research, the global travel insurance market, which was estimated to be worth about $21 billion in 2019, is expected to close to double by 2028 with a projected worth of $40 billion that year. To get a full understanding of what's driving that growth, and what's to come, TMR this week spoke to Richard Aquino, the vice president and head of sales at Allianz Partners, one of, if not the, largest travel insurance providers in the world. Aquino has been with Allianz going on 18 years now, and has experienced the highs and lows of the industry along the way. In this episode, he talks with TMR's Dan McCarthy about what's trending now, what advisors need to know to sell insurance the best they can, and more.