Global International Travel Insurance Market Growth (Status and Outlook) 2026-2032

The global International Travel Insurance market size is predicted to grow from US$ 5050 million in 2025 to US$ 6780 million in 2032; it is expected to grow at a CAGR of 4.8% from 2026 to 2032.

International Travel Insurance is an insurance product designed to protect travelers against financial and assistance-related risks that arise specifically during cross-border trips. It typically combines (a) emergency medical and evacuation coverage abroad, (b) trip cancellation/interruption and curtailment benefits for prepaid travel costs, and (c) travel inconvenience protections such as delay, missed connection, baggage loss/delay, and personal assistance services. Many policies also include 24/7 assistance networks for medical referrals, guarantees of payment, repatriation coordination, and crisis support, which is often the most operationally valuable part of the product for international travelers. Plans are sold as single-trip policies, annual multi-trip policies, or bundled/embedded covers distributed through airlines, cruise lines, banks, and tour operators. Pricing is usually linked to trip cost, duration, destination risk, age, and coverage limits, and commonly ranges from medical-only low-premium products to comprehensive plans that protect both health and travel spend.

International travel insurance is a segment of the broader travel insurance industry that specifically caters to individuals and organizations traveling outside their home countries. The global travel industry has experienced significant growth, with more people traveling internationally for leisure, business, education, and other purposes. This trend has driven demand for travel insurance. Travelers are increasingly aware of the potential risks and uncertainties associated with international travel, such as medical emergencies, trip cancellations, and travel disruptions. The future of the international travel insurance market is likely to be influenced by factors such as international travel trends, regulatory changes, and evolving customer preferences. Insurance providers may continue to adapt and innovate to meet the needs of travelers and respond to emerging risks.

LPI (LP Information)' newest research report, the “International Travel Insurance Industry Forecast” looks at past sales and reviews total world International Travel Insurance sales in 2025, providing a comprehensive analysis by region and market sector of projected International Travel Insurance sales for 2026 through 2032. With International Travel Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world International Travel Insurance industry.

This Insight Report provides a comprehensive analysis of the global International Travel Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on International Travel Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global International Travel Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for International Travel Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global International Travel Insurance.

This report presents a comprehensive overview, market shares, and growth opportunities of International Travel Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Trip Cancellation
Trip Delay
Medical Expense
Property Damage
Others

Segmentation by Policy Term:
Single-Trip
Annual Multi-Trip
Others

Segmentation by Distribution Channel:
Airlines
Cruise Lines
Others

Segmentation by Application:
Leisure Travel
Business Travel
Student Travel
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Allianz Partners
AXA Partners
Generali Global Assistance
Europ Assistance
Chubb
Zurich Insurance Group
AIG
MSIG
Tokio Marine
Sompo
MAPFRE Asistencia
ERGO Reiseversicherung
HanseMerkur
Bupa
Cigna Healthcare
Ping An Insurance
Allianz Worldwide Partners
Admiral Group

Please note: The report will take approximately 2 business days to prepare and deliver. Show more