Travel insurance comparison site Squaremouth has reported that traveller interest in coverage for contracting Covid-19 is at an all-time high.
In the last 30 days, 42 per cent of travellers searching for a travel insurance policy on squaremouth.com have specifically indicated needing coverage related to contracting Covid-19, to include medical, cancellation, and quarantine benefits.
For comparison, this time last year, 33 per cent of travellers were looking for coverage for contracting Covid-19, and in 2020, 30 per cent of travellers indicated needing this coverage.
Increase in international travel drives sales
Squaremouth experts correlate the increased need to the ongoing requirement for US travellers to receive a negative Covid test prior to re-entry, coupled with an increase in international travel.
Ninety-one per cent of sales on squaremouth.com are for international trips. This is a higher percentage than even pre-Covid (89 per cent in 2019). Philippines continues to be Squaremouth’s top destination, resulting from the country’s decision to require travel insurance.
Similar to many travel entities, travel insurance providers have specific documentation that is required to confirm a Covid-19 diagnosis. This typically includes a PCR or other professionally administered test. In most cases, at-home tests, or quarantining from exposure, do not trigger travel insurance benefits.