Tag: travel insurance survey

Travel insurance remains important protection as summer proves rocky for travelers

G. Turner
Travel insurance - Summer trips

Despite the fact that people were far more likely to book trips, barriers still stood in their way. This summer was meant to be the return of regular trips and dream vacations, but still proved to be a time in which travel insurance continued to play a central role in protecting travelers from unexpected financial losses. Sudden demand increases, severe storms and understaffed airlines and airports threw a wrench in many plans. Even though people were more determined to take a vacation than they have been since 2019, they faced…

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Travel insurance purchased by only half of vacationers

G. Turner
Medical Travel Insurance

The results of a recent study have shown that travelers are not purchasing medical coverage before they leave. According to the results of a recent study on summer vacations, only half of Canadians who head out of the country during the summer purchase travel insurance to cover themselves in case of a medical emergency. This includes those who are headed to the United States or abroad on their vacations. The travel insurance study was conducted by BMO Insurance. What it determined was that among the 83 percent of Canadians who…

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