21.7 C
New York
September 30, 2020
Worship Media
Business

Manulife unveils COVID-19-related travel insurance in face of travel advisories

TORONTO — Manulife Financial Corp. says it is offering COVID-19-related travel insurance for Canadians who take international and domestic trips.

The policy, slated to roll out in October, will provide emergency medical coverage that includes the coronavirus and related conditions.

It will also provide some coverage linked to trip interruptions or cancellations in the event of quarantine.

Manulife says the new “pandemic travel plan” includes places subject to a Level 3 travel advisory, which warns against non-essential travel and which Canada has issued for all countries.

The nation’s largest insurer follows smaller companies in offering medical travel insurance that covers COVID-19, including the Canadian Association of Blue Cross in Ontario and Quebec. Trip interruptions are not covered under Blue Cross plans.

The Manulife plan includes emergency medical coverage up to $200,000 for COVID-19 and related conditions after a positive test result as well as emergency air transport to return home.

It also covers emergency medical expenses up to $5 million for non-coronavirus health issues and covers daily quarantine-related costs of $150 per person or $300 per family for up to two weeks.

This report by The Canadian Press was first published Sept. 16, 2020

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/manulife-unveils-covid-19-related-travel-insurance-in-face-of-travel-advisories-1.5107178

Related posts

Etsy’s on fire as reusable face mask sales surge

CTV News

North American stock markets up in late-morning trading, loonie edges lower

CTV News

Restaurants and hair salons in Calgary and Brooks to reopen May 25: Premier Kenney

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy