WARWICK, RI November 27, 2007 – Recent changes made by many of the leading Canadian travel insurers have made securing trip cancellation coverage much easier. The long standing guidelines which mandated buying the insurance coverage within a requisite ‘purchase window’, typically 48 to 72 hours from your initial trip deposit, have now been removed by many insurance carriers allowing consumers to purchase right up to the day before departure.
“Travel insurance is more than a luxury, it’s a necessity,” says James Grace, President and CEO of InsureMyTrip.ca, Canada’s premiere on-line travel insurance provider. “Protecting yourself, your trip, and your investment should be easy. This action demonstrates the ability of the travel insurance providers to meet the buying needs of the travelling Canadian consumer.”
Trip Cancellation policies, both package and stand alone, are becoming more and more popular in the Canadian marketplace. “Previously,” explains James, “travellers interested in Trip Cancellation insurance were required to purchase the policy within 48 to 72 hours of making their first trip payment. But if you missed the ‘purchase window’, you also missed the opportunity to buy the coverage. Fortunately, that is no longer the case.”
The new requirements, which vary by company, allow consumers to purchase up to the day before departure provided that:
- the traveller is medically fit and able to travel at the time of purchase
- the traveller is unaware of any reason that they, an immediate family member, a travel companion, or a travel companion’s immediate family member would need to seek medical attention
- the traveller confirms that they have no knowledge of any event or circumstance that would prevent their travel as scheduled.
Protecting your travels is especially easy with help from InsureMyTrip.ca. InsureMyTrip.ca allows consumers to review, rate, compare, analyze and purchase travel insurance from the leading Canadian travel insurance companies in a completely secure environment. To learn more about Trip Cancellation Package Policies and other protection plans, visit www.insuremytrip.ca on-line, or call (800) 551-1337 to speak with one of InsureMyTrip’s expert travel insurance professionals. Licensed customer service representatives are available seven days a week, M-F 9 A.M.-9 P.M.
# # #
InsureMyTrip.ca is an operating entity of IMT Services Corporation, a privately held company launched in 2000. Featuring insurance comparisons from the top industry providers, InsureMyTrip.ca is a unique, one-stop resource designed to meet consumers’ comprehensive travel insurance needs all in a secure environment. InsureMyTrip.ca additionally specializes in providing integrated technology solutions for the travel insurance industry, with over 2,000 private-labeled and co-branded travel-related websites around the globe. IMT Services Corporation’s U.S. headquarters is located in Warwick, RI.
Please direct all media and press inquiries to:
or Vikki Corliss