Tag Archives: travel insurance allianz

22/01/2026

Do you need travel insurance for your Thanksgiving trip?

Travel Insurance0
A young woman looks pensive on a plane
Purchasing travel insurance can be a smart move if you have Thanksgiving travel plans.

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Thanksgiving is a time for gratitude and family gatherings and is often accompanied by long journeys to reunite with loved ones. Last year, about 54.6 million people traveled 50 miles or more from home for Thanksgiving, according to AAA — and it’s likely that just as many, or perhaps even more, will have travel plans this year, too.

And, for many people, the travel plans will require a flight to other states — or even other countries — to visit family and friends. But airline travel can be stressful, and with the uptick in travelers and the ongoing issues with airlines, it could be even more so this year. After all, it’s not uncommon for bags to get misplaced, flights to get delayed or connecting flights to be missed in the midst of the holiday travel rush.

That’s why so many travelers opt to purchase a travel insurance policy to help protect against financial losses from these types of issues. But this type of coverage comes at an extra costso is purchasing travel insurance really a necessity for your Thanksgiving trip this

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16/01/2026

Travel insurance a necessity for many Canadians post-pandemic

Travel Insurance0


Travel insurance a necessity for many Canadians post-pandemic | Insurance Business Canada















How can brokers take advantage of this demand?

Travel insurance a necessity for many Canadians post-pandemic

Travel

By Mika Pangilinan

Consumers now consider travel insurance as an essential component of their vacation plans after their experiences during the COVID-19 pandemic.

A recent study by Allianz Global Assistance revealed 89% of Canadians plan to secure travel insurance for their next trip.

Additionally, 74% said having travel insurance is equally or more important post-pandemic, while 32% said it is more important than before the pandemic.

This increased awareness presents a unique opportunity for brokers as the travel industry springs back to life from pent-up demand, according to Chris Van Kooten, CEO of Allianz Global Assistance.

“Our latest study revealed that Canadian households are projected to spend over $14 billion on vacations this year – that’s more than pre-pandemic vacation spending,” he told Insurance Business.

“With rising costs, protecting your travel investment with insurance has never been more important, and travelers who once leave their vacations to chance are looking for security more than ever. There’s never been a better time to expand your offerings with travel insurance.”

Van Kooten

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