Price of travel insurance expected to go down as federal advisory lifts
CTV
The federal government has lifted its advisory against non-essential international travel and with the change, the price of insurance is expected to drop.
The federal government has lifted its advisory against non-essential international travel and with the change, the price of insurance is expected to drop.
The warning had been in place since March 2020, but was replaced this week with a notice urging all travellers to be fully vaccinated at least 14 days before a trip.
“Be aware that although you are better protected against serious illness if you are vaccinated, you may still be at risk of infection from the virus that causes COVID-19,” reads the new advisory.
Unvaccinated Canadians are still being told to continue avoiding non-essential trips to all destinations.
Experts believe the guidelines will make it easier and more affordable to get travel insurance.
“The travel insurance companies are working with their policies now to improve them and revise them with this new news,” explained Allison Wallace, a spokesperson for Flight Centre.
Wallace says it’s still too early to tell what that will mean for consumers.
