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Author: Ricky Kent
RICKY KENT is a business freelance writer who focuses on topics he believes entrepreneurs should know about, from management and networking to adapting emerging technologies. On the weekends, you'll probably find him hiking with his dog, Rocco.
Besides business interruption insurance that helps cover the loss of income due to a disaster, more entrepreneurs are investing in business travel insurance. This type of insurance safeguards them from significant financial losses during unexpected incidents, like falling ill or getting into an accident while on a business trip. Because many people want to prevent paying for such expenses, the business travel insurance market is predicted to grow from $22.44 billion this year to $40.58 billion in 2027, at a compound annual growth rate of 16% from 2022 to 2028. Many people want to protect themselves from harm so they can continue international endeavors…