Piola666 | E+ | Getty ImagesDespite inflation, Gen Z and millennials are determined to travel this summer, even if it means spending a bit more.
watch nowBy opting to buy travel insurance, younger people's plans are more protected, added Droesch.
Pandemic leaves travel jitters in wakeMany travel plans were canceled during the Covid-19 pandemic and many disappointed buyers got no refunds, even if they had travel insurance because unforeseen events such as the Covid-19 lockdown weren't covered.
Millennials are entering their 40s, and much of Gen Z have graduated college and are starting their careers.
While travel insurance sounds like a good idea, travelers should be aware of the different types of travel insurance that exist and be sure of which type they buy.
Persons:
Rome, Gen Zers, —, Mary Hines Droesch, Z, they're, Hopper, Hayley Berg, Berg, Millennials
Organizations:
Bank of America, Finance, College
Locations:
U.S