Manulife COVID-19 Pandemic Travel Plan Insurance available in October

Noble Horvath

The MarketWatch News Department was not involved in the creation of this content. TORONTO, Sep. 16, 2020 (Canada NewsWire via COMTEX) — C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 Coming this October, the Manulife COVID-19 Pandemic Travel Plan will be available to Canadians travelling in Canada and internationally, including […]

The MarketWatch News Department was not involved in the creation of this content.

TORONTO, Sep. 16, 2020 (Canada NewsWire via COMTEX) —
C$ unless otherwise stated

TSX/NYSE/PSE: MFC SEHK: 945

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:


            COVERAGE
            LIMIT

    ---


            Emergency Medical Coverage not associated with
            Up to $5,000,000 CDN per insured
    COVID-19

    ---


            Emergency Medical Coverage for COVID-19 and
            Up to $200,000 CDN per insured
    related conditions after a positive test result while
    at destination, including Emergency Air Transport
    to return you home

    ---


            Quarantine expenses after a COVID-19 positive
     $150/day up to $2100 per person, or $300/day up
    test result, denied entry or contact tracing while at       to $4200 per family (Maximum duration of 14 days)
    destination

    ---


            Level 3 Travel Advisory upgraded to Level 4 Travel
            Up to a combined $500 CDN per person for:
    Advisory by Canadian Government                             Return airfare, meals and accommodations

    ---

For more information about the Manulife COVID-19 Pandemic Travel Plan, click here.

About Manulife

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

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2020/16/c2255.html

SOURCE: Manulife Financial Corporation

Media Contact: Shabeen Hanifam, Manulife, 416-697-7684, Shabeen_Hanifa@manulife.com

COMTEX_371380244/2197/2020-09-16T08:00:00

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