At over $2.2 billion in annual revenues, the U.S. travel protection industry safeguards tens of millions of Americans who travel at home and abroad every year. Travel protection is unique within the insurance industry in that it offers an unusually broad range of benefits and services. Bundled together to meet travelers' distinctive needs, travel protection often includes assistance services such as worldwide emergency hotline services and medical evacuation, along with insurance benefits for cancelled or interrupted trips, medical and dental emergencies, lost or damaged baggage, damaged or stolen rental cars, and travel supplier bankruptcies, among others. Travel protection products are distributed by travel agents, travel suppliers such as cruise lines and tour operators, credit card companies, insurance brokers, and over the internet.
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