Keyword
travel insurance
Ins and outs of travel insurance amid coronavirus outbreak
February 11, 2020 The Canadian PressVANCOUVER – 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…
As province’s out-of-country health coverage ends, so begins an opportunity for brokers
January 13, 2020 by David GambrillWith 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…
How parametric insurance is being used for flight delays
November 7, 2019 by Jason ContantCanadian 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…
Does product innovation require a change in coverage?
September 13, 2019 by Jason ContantRemarkable 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…
Where to find travel coverage for thrill-seekers and pre-existing conditions
July 19, 2019 by Jason ContantCAA 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,…
Here are the most common type of travel insurance claims
June 20, 2019 by Jason ContantThink 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…
New insurance coverage for shared travel accommodations
March 21, 2019 by Jason ContantHas 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…
Travel insurance program targets those not buying through brokers
July 23, 2018 by Jason ContantSpecialized 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…
What Canadians think of their travel medical insurance
June 29, 2018 by Jason ContantMore 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…
How Canada’s tourist boom creates a big opportunity for brokers
June 25, 2018 by David GambrillInsurance 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”…
Paid Are you ensuring your client’s trip doesn’t leave a bad taste?
June 5, 2018 Allianz Global AssistancePart 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…
Pay-as-you-go travel insurance comes to Canada
April 2, 2018 by Jason ContantAn AIG company has launched a pay-as-you-go travel insurance app. Travel Guard Group Canada launched the iPhone app last week to allow Canadian customers (except Quebec residents) to purchase travel insurance coverage in blocks of time ranging from one day…