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If 76% of the Canadians buy travel insurance, where do they go to get their coverage?

Posted: December 23, 2005

December 23, 2005 - In a recent www.kanetix.ca QuickPoll, 76 per cent of Kanetix® visitors indicated they either always or sometimes bought travel insurance before they headed out of the country. With three quarters of Kanetix visitors getting travel insurance then, we asked: Where do you usually get your travel insurance? The following is a breakdown of the results:

  • Travel agent - 31.4%
  • Insurance broker - 19.8%
  • Bank - 17.7%
  • Credit card company - 14.8%
  • Travel insurance company - 11.9%
  • Flight provider - 4.1%
"The majority of Kanetix visitors know that travel medical insurance is a must-have when travelling outside of Canada," said Gregory Ellis, Co-founder of Kanetix/ "Based on the polling results, it seems most people buy insurance coverage through their travel agent while booking their trip. While convenient, travellers may not be getting the best price for the coverage they need, which is why we encourage travellers to shop around, compare quotes and coverage and buy the travel insurance plan that works best for them."

Kanetix offers Canadian travellers a convenient, easy and quick alternative. Through Kanetix, travellers can compare rates, coverage options and different plans from competing insurers online.

Travel health insurance - compare quotes from competing companies

Through Kanetix, travellers can get travel insurance quotes online for up to 6 people going away on a single trip or for multiple trips throughout the year. Single trip policies provide coverage for a specific set of days with known departure and return dates, while multiple-trip policies mean you will have travel insurance coverage for every trip you take within the year for one annual rate. Quotes for annual policies through Kanetix are available in 15-day and 30-day periods.

Single trip policies are probably the best-known type of travel insurance coverage, however, if you travel often purchasing an annual multi-trip policy could provide Canadians with significant savings.

There are also options in the level of coverage available. Kanetix visitors can choose from quotes for basic coverage that covers the essentials to one that offers more benefits and options. Visitors can review the highlights of each before purchasing so they are comfortable with the level of coverage they will have before travelling.

About Kanetix

Launched in October 1999, Kanetix is Canada's leading national, online insurance marketplace. The Kanetix insurance information and shopping service brings consumers and insurance companies together in a one-stop shopping environment. Each day, thousands of consumers visit the Kanetix website at www.kanetix.ca to compare insurance quotes from a variety of Canadian insurance companies. Users can select the insurance quote of their choice and choose to complete the application for coverage online or purchase their policy over the phone.

In addition to the insurance marketplace, Kanetix is a leading provider of online insurance quotation technology and develops online quotation systems and websites for some of Canada's leading insurance providers.

For more information, please contact:

Gregory Ellis
Co-founder
1-888-854-2503
www.kanetix.ca

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