COVID-19 and the public perception of travel insurance

David Tan and Carlo Caponecchia

Annals of Tourism Research, 2021, vol. 90, issue C

Abstract: •Many travellers have had their insurance claims denied during the COVID-19 crisis.•Catastrophic risks are not diversifiable by insurers and excluded in coverage.•Travellers will likely revise the perceived value of travel insurance downwards.•This will exacerbate the economic fallout via a reverse moral hazard effect.•We discuss recommended actions for stakeholders.

Keywords: Travel insurance; Underinsurance; COVID-19; Insurance; Reverse moral hazard (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0160738320302504
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:anture:v:90:y:2021:i:c:s0160738320302504

DOI: 10.1016/j.annals.2020.103106

Access Statistics for this article

Annals of Tourism Research is currently edited by John Tribe

More articles in Annals of Tourism Research from Elsevier
Bibliographic data for series maintained by Catherine Liu ().