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need detailed answer for answering part (i) and (ii) thanks The travel industry of a particular country is facing problems due to Covid-19 as the

need detailed answer for answering part (i) and (ii) thanks

The travel industry of a particular country is facing problems due to Covid-19 as the travel insurance industry has dramatically increased premiums or refused to cover Covid-19 related claims. It has asked the government to start underwriting Covid-19 related risks to help more people book holidays. Explain why the travel insurance industry has increased premiums or refused cover (7 marks) ii) Discuss the advantages and disadvantages of the government underwriting Covid-19 travel risks. (9 marks)

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