Tugo states that their rates will increase on Feb 18th.
| The average cost and severity of claims continue to increase, along with a higher overall frequency of claims across all product lines. In addition, like the cost of most goods and services, inflation has also impacted medical costs – within Canada (Visitors to Canada and International Students), as well as internationally. As a result, TuGo will be implementing rate increases on February 18, 2026. As a result of TuGo’s recent and historical claims experience, Medical Questionnaire Surcharge Adjustments will be made for the following: |
- Parkinson’s Disease
- Diabetes requiring insulin
- Diabetes not requiring insulin
- Coronary Artery Disease
- Arteriosclerosis and/or atherosclerosis also known as hardening of the arteries