Tag Archives: travel insurance aaa

09/10/2025

Revealed – most common travel insurance claims in NZ

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Revealed – most common travel insurance claims in NZ | Insurance Business New Zealand















Consumer NZ and the ICNZ unveil the figures, and it turns out that COVID is still playing its role

Revealed – most common travel insurance claims in NZ

Travel

By Kenneth Araullo

Consumer NZ has revealed the five most common reasons for making a travel insurance claim, according to figures from the Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ).

Medical-related reasons for travel policies are still the primary driver for claims figures, with the number of medical claims and average value on an upward trend. ICNZ general counsel Jane Brown said that one insurer advised that the number of medical and death claims made in 2022 was the highest it had seen, but 2023 was looking worse so far.

“This may be due to some parts of the community having delayed travel since the beginning of the pandemic and now getting those trips in, when perhaps their health hasn’t been up to it,” Brown said in the report. “Having insurance is a far better option than thinking you can fall back on a Givealittle campaign.”

Following medical are cancellations, which account

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03/10/2025

Travel insurance leads personal lines for potential growth

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Annual travel insurance policies are set to become the fastest growing sector of personal lines insurance over the next 12 months.

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This was according to new research published by Smart Money People, which revealed that annual travel insurance policies could see up to 15% of growth in the next year.

The Insurance Uptake Score data for H2 2023 – a biannual barometer of personal lines purchasing decisions in the UK based on consumers’ reported likelihood to continue with, purchase, increase, reduce or cancel their cover – also showed that health insurance and home insurance were the second and third lines with the highest potential growth.

Travel insurance’s potential for growth was primarily driven by a 17% increase in new purchases and a 6% growth in existing holders increasing cover – either by increasing limits (39%) or through the addition of add-ons (42%).

Smart Money People found that, in the next 12 months, 25% of existing annual travel insurance policyholders said they were likely to switch providers at renewal, however.

The H2 2023 Insurance Uptake Score data was based on a survey of 2,144 UK adults conducted between 28 July and 3 August 2023.

Smart Money People noted that the strong

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