Tourism

Allianz ceases travel insurance sales

Huntley Mitchell

Huntley Mitchell

Allianz Global Assistance has temporarily ceased the sale of new domestic and international travel insurance policies amid the coronavirus crisis.

The decision to halt travel insurance sales, which became effective on Friday 27 March, followed new travel restrictions and advice from both the federal and state governments in response to the COVID-19 pandemic.

“These are unprecedented times and many industries are feeling the impact of COVID-19 –  especially the travel industry,” Allianz said in an update on its website.

The company is redirecting consumers to the Insurance Council of Australia’s website for a list of alternative providers.

Allianz also notes on its website that all travel insurance claims will still be assessed, but warns its team is currently experiencing high call volumes and waiting times.

The move by Allianz to cease travel insurance sales is not surprising, as Travel Weekly understands the company notified travel agents earlier this month that their authorised representative agreements to sell its products would be terminated.

Allianz is not the only travel insurance provider to pull its products from the market due to the rapidly evolving impact of the coronavirus outbreak, with Cover-More suspending its ‘Cancel For Any Reason’ product in March.

Featured image credit: iStock/William_Potter

SEE WHAT PEOPLE ARE SAYING

Leave a Reply

Tourism

The Travel Industry Hub creates online community

Are you sick of attending webinars where everyone leaves straight after they end, leaving no chance to network and chat? Well, TTIH is doing something about it.

Share

CommentComments

Aviation

Brisbane Airport achieves global COVID-safe accreditation

While the health and safety protocols at Brisbane’s quarantine hotels are being questioned, at least the airport’s got it together.

Share

CommentComments

Hotels

Nail-biting images emerge of youths taking selfies on Sydney hotel ledge

Bloody kids these days and their death-defying selfies. Back in our day, the cameras were so big that we’d be lucky to get one up a staircase, let alone onto the ledge of a building.

Share

CommentComments

Destinations

South Australia changes border restrictions for travellers from NSW

by Huntley Mitchell

Finding it hard to follow of all the constantly-changing domestic border restrictions? Travel Weekly has done some of the deciphering for you here.

Share

CommentComments

Cruise

Royal Caribbean extends cruise suspension, announces US$40m funding pool for agents

Despite what the headline suggests, the cruise group isn’t offering agents to take a dip in a literal pool of cash, much to our disappointment.

Share

CommentComments

Wholesalers

The Travel Corporation’s Aussie CEO to depart as part of major exec changes

Here’s some very big news right here for your Friday, with TTC’s Fiona Dalton set to fly the coop after just three months in the top role.

Share

CommentComments

Aviation

Indonesian socialite books out entire flight to Bali to avoid COVID-19

The grandson of a pharmaceutical tycoon reckons booking out an entire commercial flight is cheaper than chartering a private jet.

Share

CommentComments

Hotels

Opening date revealed for W Melbourne

Have you been waiting with bated breath for Marriott to reveal the opening date for its new Melbourne property? Well, you can now rid yourself of all that anxiety.

Share

CommentComments

Travel Agents

CTM boss in legal stoush with Brisbane City Council over $20 million property plan

Jamie Pherous has become entangled in a legal battle with the council over a swimming pool he wants to build at his new property on Brisbane River.

Share

CommentComments

Wholesalers

Get in quick! Trafalgar launches ‘Break Out & Break Free’ sale

It appears 2021 is the year of the sale, with Trafalgar joining the already long list of travel brands spruiking their discounted wares.

Share

CommentComments

Aviation

Unions take Qantas to High Court over JobKeeper “wage theft”

by Ali Coulton

Having lost on appeal in the Federal Court late last year, the unions are now taking their JobKeeper fight against Qantas to the High Court.

Share

CommentComments

Cruise

Carnival to ditch 19 ships, as company posts $2.8 billion quarterly loss

Carnival Corporation has added another ship to the pile of vessels that it will offload in order to stay afloat beyond the COVID-19 pandemic.

Share

CommentComments