Travel Guard Group Canada, an AIG company, has announced the launch of a new on-demand travel insurance app, the first of its kind in Canada. It allows Canadian customers – although residents of Quebec are excluded – to buy hourly blocks of coverage through their smartphone, optimising cost effectiveness. The app utilises GPS technology so can activate coverage as soon as customers leave their home province, tracking the number of hours used and stopping when they return.
It is hoped that by giving customers more control and flexibility over their coverage, the app will set itself apart from more traditional single and annual trip offerings. Up to 90 days’ worth of cover can be purchased, and the insurance must be used within 365 days of sale. The app is powered by Canadian insurance technology company JAUNTIN’.
“We’re always looking for new ways to keep pace with our travellers and by offering this innovative, fast and easy way to purchase travel insurance, our travellers can get more convenient coverage for when and how they want to use it,” said Marc Lipman, Chief Operating Officer at AIG Canada. “The app enables consumers to gain protection in only 90 seconds after filling out the four fields required. To add further convenience, consumers can activate the purchased insurance by swiping the app button ‘on’ at the start of their trip and ‘off’ at the end of it, or use the app to pre-set the desired departure and return dates for an upcoming trip.”