Demand for domestic travel insurance on the rise

An Insurance Business Magazine article.

Major disruptions to travel have led to rising demand for domestic travel insurance, with research commissioned by Southern Cross Travel Insurance (SCTI) finding that 25% of Kiwis are now more likely to buy domestic travel insurance compared to 12 months ago.

SCTI recently launched its new domestic travel insurance policy, and SCTI chief executive Jo McCauley says that Kiwis now have a “heightened sense of what could go wrong” following this year’s global pandemic. With international travel off the table for the foreseeable future, McCauley says New Zealanders in need of adventure will turn the domestic market into a huge growth opportunity.

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