Instability creates boom for travel insurance industry

07/15/2005 | Denver Rocky Mountain News

Terrorist attacks, natural disasters and financial instability in the airline industry have created a boom for the travel insurance business. Incidents in popular tourist destinations, including London and Madrid, have spurred more travelers to purchase travel insurance. About 30% of leisure travelers purchased $1 billion in terrorism insurance last year, according to the U.S. Travel Insurance Association.

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Denver Rocky Mountain News

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