Personal travel: 2025 rate adjustment and Health Declaration rebate changes
We value our partnership and are committed to providing exceptional travel insurance products and assistance to your clients.
Rate changes for 2025
As a result of several influencing factors, notably the upward trend in the cost of medical care and emergency services across the globe as well as exchange rate fluctuations, the following Emergency Medical Care plans will be subject to a rate increases as of February 22, 2025:
- Single-trip plan
- Annual plan/multi-trip plan
- Package Plus (single and annual)
- Top-up insurance
No transition rules apply to this change. We will be unable to honour existing quotes. All changes will be effective Feb. 22, 2025.
New rates will vary on plan, client age and trip duration. There are no rate changes to Emergency Medical Care in Canada and Trip Cancellation or Interruption coverages.
Medical Questionnaire changes:
Effective Feb. 22, 2025, the optional Medical Questionnaire (MQ) will no longer be available to clients with a medical exclusion. Pending MQs will be reviewed, with previously approved MQs remaining valid for a 12-month period from approval date.
Health Declarations will still need to be completed for the purchase of Emergency Medical Care coverage for:
- Clients 55-59 years old travelling for 18 days or more
- Clients 60 and over travelling for any duration.
We’re here to help
These increases to premiums will apply to new sales only, aligning with current competitive rates while ensuring the sustainability of travel insurance products and services. We will continue to offer the same high level of support and services to both you and your clients.
If you have any questions regarding these changes, please contact us.