Why is Traveling So Expensive Now?
Travel’s popularity has surged over the last year, but unfortunately, so has the price!
At the outset of the global pandemic, travel ground to a near-universal halt, and it took some time to recover. The long return to business as usual included labor and supply shortages and aircraft delivery delays, which have all contributed to a rise in travel costs.
Travel Protection for Individuals and Groups
Select from a variety of Trip Protection and Travel Medical plans and MedJet Global Medical Transport memberships.
As Covid vaccines became the norm, demand for travel increased quickly, along with rising fuel costs and inflation, leaving travelers faced with exorbitant prices as we head into the holiday season.
Unfortunately, airline ticket and other travel costs are not expected to slow down any time soon. Flights in December are running about 55% higher than last year and almost 20% higher than they were before COVID-19.2
With travel costs at an all-time high, it’s particularly important to protect against potential costs associated with cancellations due to illness, missing luggage, or emergency evacuation. Thankfully, that’s where Travel insurance can help.
We offer several Travel protection plans to meet your specific needs:
- Trip Protection for things like unexpected flight delays, cancellations, and missing luggage
- Travel Medical for comprehensive coverage outside your home country
- Global Transport Membership that covers the cost of transporting you home if you’re hospitalized while on your trip
Don’t put your wallet or your health at risk when you travel. Learn more about your Travel insurance options.
1 Suzanne Rowan Kelleher, Why Airfares Have Risen Five Times Faster Than The Overall Inflation Rate, October 2022, Forbes.com.
2 “Why Airfares Have Risen,” Forbes.com.