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Resources for travel companies to learn, sell & grow

Most people have dreamed of traveling somewhere, even if it’s to just ‘get away’ from it all. Bucket lists include far away destinations as well as tropical beaches and attempting the climbing of Mt. Everest. Okay, maybe not that adventurous, but suffice it to say, people have always yearned for some type of adventure that includes travel. And it would seem that it’s a growing interest that could bring in record sales revenue this next year. If you’re in the travel industry, it may be time to look into ways to help others with their dreams as well as adding to your monthly sales goals.
Due to increasing travel for the upcoming year both internationally and domestically, and the opportunity to earn significant sales percentages on each plan sold, travel and trip insurance can be exciting and lucrative additions to an insurance professional’s portfolio.
For many, traveling internationally is a huge goal and a large investment, it only stands to reason that travelers want to protect those investments. This opens up an exciting opportunity for those in the insurance business—travel insurance.
In today’s digital marketplace, people from all around the globe are able to access just about every service imaginable. So what if you could use a digital site to sell to people all over the world?
As more people travel each year, the number of accidents and injuries also rises. International tourist arrivals could reach 80% to 95% of pre-pandemic levels this year, 2023. With this comes an opportunity to cater to these travelers, helping them to protect themselves from the dangers inherent in traveling far from home.
Most mainstream insurances, such as auto, life and home insurance, require a lot of time, paperwork and frustration to complete just one plan. With travel insurance, many of the common requirements are not necessary. Selling travel insurance can be quick and easy with low effort and high reward.
In 2019, the global travel insurance market was valued at more than $19 billion a year. Despite the COVID-19 pandemic, that number is still expected to double by 2027, inching over $40 billion a year. Wouldn’t it be nice if some of that money went in your pocket?
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