Pet travel has become an increasingly important aspect of the tourism and travel insurance industries in recent years. As more people view their pets as essential members of the family, the demand for services that cater to this growing need has surged. In response to this shift, Iris Global has introduced an innovative and optional pet travel insurance coverage, marking a significant step toward enhancing the travel experience for pet owners.
This new pet travel coverage is a direct response to the changing dynamics between pet owners and their furry companions. It goes beyond simply offering insurance for pets and focuses on making travel smoother and safer for both pets and their owners.
It aligns with a larger trend in the tourism sector toward inclusivity, ensuring pets are part of the travel experience. As the demand for pet-friendly tourism options continues to rise, insurance companies like Iris Global are redefining how the industry views pet travel.
The bond between pets and their owners has evolved, and now more than ever, travelers want to take their pets with them on vacations and business trips. Recent studies show that over 40% of dog and cat owners consider their pets as family members. Among millennials and Gen Z, this number is even higher, reaching 45%. This shift in perspective has created a growing demand for pet-friendly travel options, from pet-friendly hotels to private jet charters, and the travel industry has swiftly adapted.
However, one area that had been underserved until now was comprehensive travel insurance tailored specifically to pets. Iris Global’s new coverage bridges this gap, offering peace of mind to pet owners traveling abroad, ensuring that their pets are well-cared for throughout the journey.
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