Travel insurance sales go up as Canadians feel more confident vacationing overseas
After staying close to home and avoiding travel during the pandemic, many Canadians are anxious to take international trips again and travel insurance companies are seeing that trend reflected in their sales.
"There is an incredible pent-up demand for people wanting to travel to all kinds of popular international destinations that over the past few years they couldn’t go,” Martin Firestone, president of Travel Secure Inc., a company that sells travel insurance, told CTV News Toronto.
A travel survey by RatesDotCa found the United Kingdom is the number one spot for European travel this year, followed by Portugal, France, Italy and Spain.
The increase in international travel has in turn seen an increase in purchasing travel insurance.
While travel restrictions are easing, some passengers are still concerned about COVID-19 and other issues that could prevent them from taking a trip, which is why trip cancellation insurance has jumped by almost 1,200 per cent over the same period last year.
"The bottom line is that travel insurance is still extremely important as we don't know how things can change and it's in your best interests to purchase a policy," Tanisha Kishan, insurance professional with RatesDotCa, said.
When booking a trip, you'll have many insurance options to consider including medical, trip cancellation and trip interruption which Kishan said every traveller should consider.
“Travelling is supposed to be relaxing and I think travel insurance will give consumers peace of mind when they are travelling abroad," she said.
Even though some countries in Europe have dropped travel restrictions, some haven't. Always check which ones you're going to and the corresponding rules when it comes to vaccines, testing and wearing masks, so you’ll be prepared.
CTVNews.ca Top Stories
NEW From yearning for a change to cost of living, why some Canadians have left or may leave the country
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
Here are the ultraprocessed foods you most need to avoid, according to a 30-year study
Studies have shown that ultraprocessed foods can have a detrimental impact on health. But 30 years of research show they don’t all have the same impact.
NEW Capital gains tax change 'shortsighted' and 'sows division' business groups tell Freeland
Forging ahead with increasing Canada's capital gains inclusion rate 'sows division,' and is a 'shortsighted' way to improve the deficit, business groups are warning Finance Minister Chrystia Freeland.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.
What is whooping cough and should Canadians be concerned as Europe declares outbreak?
There is currently a whooping cough epidemic in Europe, with 10 times as many cases compared to the previous two years. While an outbreak has not been declared nationwide in Canada, whooping cough is regularly detected in the country.
Ontario man frustrated after $3,500 paving job leaves driveway in shambles
An Ontario man considering having his driveway paved received a quote from a company for $7,000, but then, another paver in the neighbourhood knocked on his door and offered half that rate.
Florida deputies who fatally shot U.S. airman burst into wrong apartment, attorney says
Deputies responding to a disturbance call at a Florida apartment complex burst into the wrong unit and fatally shot a Black U.S. Air Force airman who was home alone when they saw he was armed with a gun, an attorney for the man's family said Wednesday.
Air Canada ranks near bottom on customer satisfaction: survey
Air Canada ranks below most other major North American airlines on customer satisfaction, with airfares a particular sore point, according to a new survey.
U.S. presidential candidate RFK Jr. had a brain worm, has recovered, campaign says
Independent U.S. presidential candidate Robert F. Kennedy Jr. had a parasite in his brain more than a decade ago, but has fully recovered, his campaign said, after the New York Times reported about the ailment.