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Web the average cost for an annual travel insurance plan came out to $192, though you may notice that seven corners' basic coverage cost of $386 drove the average up. Web kuala lumpur, nov 23 — malaysia’s general insurance industry has recorded an increase in gross direct premiums of 7.3 per cent to rm10.5 billion for the first half (1h) 2023 compared with the corresponding period in the previous year, said the general insurance association of malaysia (piam). A 2022 survey from insurance software firm ancileo found about 68 per cent of canadians planned to buy travel insurance, while baby boomers (73 per cent) were most likely to purchase travel insurance.