According to recent research from the digital insurance platform KoverNow, there is a significant demand for travel insurance solutions across all age groups. Its research, conducted in collaboration with the National University of Singapore, has shown that consumers prefer to choose and purchase policies through digital means.
Due to unclear insurance policies regarding how to file a claim and if they are eligible for coverage, travelers have occasionally had trouble safeguarding their goods, such as laptops, tablets, and smartphones. Insurtech bolt and WorldTrips, a travel insurance plan and help service provider, have partnered to address this issue.
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