Do younger Canadians planning vacations value travel insurance?
February 2, 2023 Canadian Underwriter StaffMaking up for the inability to travel during the pandemic is top of mind for 70% of Canadian millennials, who told an Allianz Global Assistance survey conducted by Ipsos they’ll be taking a vacation this year. Of those saying they’ll…
How to navigate travel insurance ahead of March break as pandemic restrictions ease
February 24, 2022 Christopher Reynolds - THE CANADIAN PRESSMONTREAL – With the Omicron variant in retreat, Canadians looking to get away for spring break now have a more robust range of travel insurance options. The federal government announced last week it will roll back testing and quarantine restrictions…
Zurich pairs with Blink for flight-disruption cover
February 16, 2022 Canadian Underwriter StaffWith airplane trips forecast to increase post COVID-19, travellers will want to know if they’ll get where they’re going – and if they have coverage options when flights get cancelled. That’s the logic behind a new partnership between Zurich Canada…
Flight delayed because the crew has COVID? You’re covered for that….
January 14, 2022 by Jason ContantInsurtech Blink Parametric has partnered with Canadian managing general agent (MGA) AwayCare for real-time flight disruption coverage for Canadian travellers worldwide. Blink announced the partnership with travel insurance provider AwayCare, which has offices in Ontario, Alberta, and British Columbia. The…
Travellers should check insurance coverage twice amid changing rules, experts say
December 20, 2021 Brett Bundale - THE CANADIAN PRESSTravel industry experts are warning Canadians to double check their insurance coverage before embarking on a trip this holiday season amid tightening travel restrictions. Holiday travel has been upended by the latest COVID-19 variant sweeping the globe, prompting some travellers…
Canadian travel insurance quotes surge year-over-year
November 25, 2021 by Jason ContantTravel insurance quotes have surged nearly 300% year-over-year as pandemic restrictions ease and Canadians are eager to travel again, according to a new report from rate comparison site RATESDOTCA. The rate aggregator analyzed data from thousands of quotes from its…
Vaccination Summer 2021: Boom times for travel insurance?
July 14, 2021 by David GambrillTravel insurance is poised to start its post-COVID rebound, with Canadian governments relaxing restrictions to allow more travel within and between provinces. “The travel insurance market will definitely rebound from this, because people are not going to stop traveling; we…
Travellers need to pay close attention when shopping for travel insurance: experts
June 25, 2021 Salmaan Farooqui - THE CANADIAN PRESSCanadians who are eager to be part of the first wave of travellers to head abroad once border restrictions ease should pay close attention to what their travel insurance will and will not cover, experts say. There may be many…
Nearly 99% of Canadians do not purchase travel medical insurance for short trips
November 1, 2018 by Jason ContantAlmost 99% of Canadians who take one or two-day trips don’t purchase travel medical insurance, Allianz Global Assistance Canada (AGAC) said recently. Data show less than 1.4% of single trip medical policies purchased through its various distribution channels are for…