Travelex launches new travel insurance plans

The US-based insurer said that the five new plans would offer a “wide range of cover options” to customers. They are:

• Ultimate – The top-tier, most comprehensive and customizable plan
• Advantage – Mid-tier plan, offering broad coverage for budget-conscious travellers
• Travel Med Go – Post-departure trip coverage for last-minute travel
• Updated Flight Insure – Flight accident protection
• Updated Flight Insure Plus – Flight accident coverage with basic post-departure benefits.

The new product range is designed to provide partners with options “tailored to how their customers travel”. These include enhanced baggage delay, emergency medical expense, and emergency evacuation benefits.

Travellers can also enhance their plans with up to nine optional upgrades, including coverage for adventure activities, rental car damage, pet care, extra emergency medical expenses, trip cancellation, and increased baggage.

The plans are underwritten by Zurich American Insurance Company.

Insurance comparison site InsureMyTrip.ca added Travelex Insurance Services Canada to its portfolio of providers earlier this year.