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TORONTO, Sept. 16, 2020 /CNW/ - Coming this October, the Manulife COVID-19 Pandemic Travel Plan will be available to Canadians travelling in Canada and internationally, including to countries with a Level 3 Travel Advisory. The policy will provide Emergency Medical coverage, including specific additional coverage for COVID-19 and related conditions. It will also include added Trip Interruption benefits in the event of quarantine.
The Manulife COVID-19 Pandemic Travel Plan will be available to Canadians through Manulife's distribution channels including travel agents, brokers, advisors, sponsors, and for direct purchase through Manulife CoverMe.
As the largest travel insurance provider in Canada, Manulife understands that some Canadians have family, business and other important reasons for travelling in-country and to global destinations – and today, more than ever before, they need specialized coverage that helps protect them in the event they fall ill due to COVID-19.
"The pandemic has had extraordinary impacts on the day-to-day lives of Canadians, and at Manulife, our top priority remains the health and safety of our customers, employees, partners and communities. This specialized travel insurance is aimed at helping protect what matters most," said Alex Lucas, Head of Insurance, Manulife.
The policy will provide the coverage below:
Emergency Medical Coverage not associated with
Up to $5,000,000 CDN per insured
Emergency Medical Coverage for COVID-19 and
related conditions after a positive test result while
at destination, including Emergency Air Transport
to return you home
Up to $200,000 CDN per insured
Quarantine expenses after a COVID-19 positive
test result, denied entry or contact tracing while at
$150/day up to $2100 per person, or $300/day up
to $4200 per family (Maximum duration of 14 days)
Level 3 Travel Advisory upgraded to Level 4 Travel
Advisory by Canadian Government
Up to a combined $500 CDN per person for:
Return airfare, meals and accommodations
For more information about the Manulife COVID-19 Pandemic Travel Plan, click here.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of June 30, 2020, we had $1.2 trillion (US$0.9 trillion) in assets under management and administration, and in the previous 12 months we made $30.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
SOURCE Manulife Financial Corporation
© Canada Newswire, source Canada Newswire English