Categories: Uncategorized

Tugo announces Rate Increase for travel insurance

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

Travel Exclusions – Coronavirus

Coronavirus (COVID-19) is a concern for Canadians, particularly for those planning upcoming trips. The World Health Organization has assessed the global risk for coronavirus as “very high”. Allianz Global Assistance EFFECTIVE MARCH 11, 2020, WE HAVE DETERMINED CORONAVIRUS TO BE A KNOWN EVENT FOR TRIP CANCELLATION AND TRIP INTERRUPTION. For…

2020-03-12

Do you need Travel Insurance while travelling within Canada?

Most people think that our Socialized Health care means that there is no costs if you are injured while travelling within the country. However, this isn't always the case. One of my Travel Insurance providers provided case studies. These are actual claims they paid out! If you are traveling, make…

2025-09-22

In "Travel Insurance"