Business Travel Accident Insurance Market to Witness Huge Growth by 2025: MetLife, AXA, AWP

Edison, NJ — (SBWIRE[1]) — 10/07/2020 — Latest released the research study on Global Business Travel Accident Insurance Market, offers a detailed overview of the factors influencing the global business scope. Business Travel Accident Insurance Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Business Travel Accident Insurance. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Assicurazioni Generali (Italy), MetLife, Inc. (United States), Nationwide Mutual Insurance Company (United States), Zurich Insurance (Switzerland), AWP (Australia), AXA (France), American International Group (United States), Chubb Limited (United States), Tokio Marine Holdings (Tokyo) and Woodward Markwell Insurance Brokers (United Kingdom).

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A travel accident insurance is a specialized type of travel insurance plan. It acts as life insurance and it is an insurance against accidental death and dismemberment in the case of a travel accident. The benefits are paid regardless of whether the traveler has other AD&D coverage and life insurance. Moreover, some of the insurance plans also cover emergency medical expenses. Limited insurance plans give the maximum reimbursements range to choose from and several are designed specifically for the regular business traveler and include coverage for non-medical emergency evacuations. Business travel accident insurance is an important benefit for many companies, particularly those with employees who frequently travel internationally on company business. According to AMA, the Global Business Travel Accident Insurance market is expected to see growth rate of 9.3%

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