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Senator demands answers from travel insurance industry - CBS News
Consumers spent nearly $3 billion on travel insurance in 2016, more than double in 2006. Now, Sen. Ed Markey, a Massachusetts Democrat, is demanding answers from the travel insurance industry after a report from his office warns consumers might not get the protection they think they've paid for. The senator is sending the letters to insurers Tuesday, reports CBS News correspondent Kris Van Cleave.
New AAA research finds nearly 40 percent of Americans are likely to buy travel insurance for an international flight. The biggest reason is cancellation protection. Travel insurance can cover your trip if you're too sick to fly, get laid off or get injured while traveling, or even if a bag gets lost. But it does not cover everything.
Consumers spent nearly $3 billion on travel insurance in 2016, more than double in 2006. Now, Sen. Ed Markey, a Massachusetts Democrat, is demanding answers from the travel insurance industry after a report from his office warns consumers might not get the protection they think they've paid for. The senator is sending the letters to insurers Tuesday, reports CBS News correspondent Kris Van Cleave.
New AAA research finds nearly 40 percent of Americans are likely to buy travel insurance for an international flight. The biggest reason is cancellation protection. Travel insurance can cover your trip if you're too sick to fly, get laid off or get injured while traveling, or even if a bag gets lost. But it does not cover everything.