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travel insurance

News ClaimsInsuranceMarkets / Coverages

How carriers are covering travel insurance in the age of coronavirus

March 9, 2020 by Jason Contant

Carriers who offer travel insurance are taking different approaches to covering trip cancellations in the wake of the coronavirus (COVID-19) outbreak that claimed its first Canadian victim Monday. Typically, travellers with regular trip cancellation insurance with trips booked before the

News ClaimsInsuranceMarkets / Coverages

Ins and outs of travel insurance amid coronavirus outbreak

February 11, 2020 The Canadian Press

VANCOUVER – Travellers nervous about globe-trotting during the novel coronavirus outbreak may be eligible to receive a refund for cancelling their travels, say insurance experts, but it depends on the destination, their insurance policy and other factors. “I think in

News BrokersInsurance

As province’s out-of-country health coverage ends, so begins an opportunity for brokers

January 13, 2020 by David Gambrill

With the wind-down of Ontario’s limited Out-of-Country Travellers Program now official, brokers in the province who sell travel insurance have a golden opportunity to make sure their snowbird and other travelling clients are properly covered for trips. “It is certainly

News InsuranceMarkets / CoveragesProducts

How parametric insurance is being used for flight delays

November 7, 2019 by Jason Contant

Canadian travel insurance provider TuGo has launched a complimentary flight delay service for travellers. The parametric insurance solution MyFlyt comes through a partnership with Ireland-based Blink, the travel insurtech that developed the product. If a flight is delayed by two

News InsuranceMarkets / CoveragesProducts

Does product innovation require a change in coverage?

September 13, 2019 by Jason Contant

Remarkable product innovation can occur without really ever changing the core coverage of the product, Marc Lipman, chief operating officer at AIG Insurance Company of Canada, said Tuesday at the Connected Insurance Canada conference. He used the example of travel

News InsuranceMarkets / CoveragesProducts

Where to find travel coverage for thrill-seekers and pre-existing conditions

July 19, 2019 by Jason Contant

CAA Travel Insurance has introduced two new endorsements for thrill-seekers and travellers with pre-existing conditions. The products, an Adventurous Air Activities Rider and a Seven-Day Pre-Existing Condition Rider, include coverage that is not typically available in standard travel insurance policies,

News ClaimsInsurance

Here are the most common type of travel insurance claims

June 20, 2019 by Jason Contant

Think you don’t need travel insurance? Think again. According to a recent survey conducted on behalf of RBC Insurance, just over one-quarter (26%) of 1,000 Canadians polled have made an insurance claim as a result of something that happened to

News ClaimsInsuranceMarkets / Coverages

New insurance coverage for shared travel accommodations

March 21, 2019 by Jason Contant

Has your client booked travel accommodations through platforms like Airbnb, HomeAway and Trip Advisor? If so, they are now able to get insurance coverage for trip cancellations and interruptions. CAA Travel Insurance announced Wednesday it has added a new feature

News InsuranceMarkets / CoveragesTechnology

Travel insurance program targets those not buying through brokers

July 23, 2018 by Jason Contant

Specialized travel insurance provider TuGo has launched an Affiliate Program, a secondary distribution channel to reach travellers who aren’t currently buying products through traditional channels such as brokers. TuGo’s CEO, Patrick Robinson, told Canadian Underwriter Monday that TuGo’s Affiliate Program

News InsuranceMarkets / Coverages

What Canadians think of their travel medical insurance

June 29, 2018 by Jason Contant

More than eight in 10 polled Canadians who have purchased travel medical insurance are “satisfied with the product and the value it provides” and 98% of those who made claims in the past year were fully or partially paid, a

News BrokersInsuranceMarkets / Coverages

How Canada’s tourist boom creates a big opportunity for brokers

June 25, 2018 by David Gambrill

Insurance brokers seeking to grow their travel line of business should ask their clients if they are expecting friends or family to visit Canada in the future and, if so, whether they would be interested in purchasing “visitors to Canada”

News Insurance

Paid Are you ensuring your client’s trip doesn’t leave a bad taste?

June 5, 2018 Allianz Global Assistance

Part of travelling is trying everything! New food, new experiences. But when those experiences result in the unexpected, that’s when travel insurance becomes a universal need. Here are two reasons why you should recommend travel insurance to your customers: Should