IMG Data Shows 15% Rise in Autumn Travel Insurance Policies, Bahamas Replaces Spain in Top 5
Event summary
- IMG analyzed travel plans of 40,000 members for autumn 2026, identifying Mexico, Italy, Canada, Bahamas, and UK as top destinations.
- Average insured trip cost increased by 6% year-over-year, with a 15% rise in policy purchases.
- Nearly half of travelers are aged 65+, with 15% aged 75+.
- Bahamas entered top 5 destinations, replacing Spain from 2025.
The big picture
IMG's data reflects continued strong demand for international travel, particularly among retirees with disposable income and time. The 15% increase in policy purchases suggests growing consumer confidence in travel, while the 6% rise in trip costs indicates a willingness to invest more in travel experiences. The shift from Spain to the Bahamas in top destinations may signal changing preferences for cultural experiences and relaxation.
What we're watching
- Demographic Trends
- How sustained interest from older adults will impact travel insurance demand and product offerings.
- Destination Shifts
- Whether the Bahamas can maintain its position in top destinations and what factors drive destination popularity changes.
- Spending Patterns
- The pace at which travel spending increases and its correlation with policy purchase growth.
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