The Globe and Mail reports in its Saturday, March 14, edition that Manulife Financial said Friday it will not cover any medical expenses related to COVID-19 under individual travel policies if customers go to a destination that was the subject of a "high level" government advisory before their departure. The Globe's Clare O'Hara writes that Allianz Global Assistance Canada also said it will not cover emergency medical treatment for customers who contract coronavirus in a country that had a level 3 or 4 travel advisory related to coronavirus before they left on their trip.
"Insurance is really there to protect for the unexpected in emergencies," said Canadian Life and Health Insurance Association director Joan Weir.
For Manulife and Allianz customers travelling to destinations that are not the subject of advisories, medical costs related to the coronavirus will be covered. As well, medical costs that are not related to the coronavirus will be covered for all travel destinations.
Insurance companies are deeming the virus a "known event" that customers are aware of before leaving the country. Canada Life Assurance and Sun Life Financial have not yet changed their out-of-country coverage.
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