Evolving Travel Insurance: Parametric Benefits and Snowbird Coverage Needs
Cover-More Europe launches parametric flight delay perk
19 Nov 2025
Cover-More Europe and Irish InsurTech Blink Parametric have launched a new parametric flight delay benefit for AnnualTravelInsurance.com customers in Ireland. The benefit automatically activates for registered flights delayed by three hours or more, offering travellers a VIP lounge pass or a €30 cash payout without paperwork or manual claims. Available to Super and Super Plus policyholders, Blink Parametric monitors flights in real time and sends instant notifications, allowing customers to choose their preferred resolution. The partnership reflects both companies’ focus on improving travel experiences and delivering immediate, automated support during disruptions.
Snowbirds shift travel patterns, driving demand for flexible travel and health insurance
18 Nov 2025
Canadian “snowbirds,” mostly retirees who escape winter for warmer climates, are increasingly traveling beyond the U.S. to Europe, Latin America, and the Caribbean, driving demand for flexible international travel and health insurance. Traditional U.S.-focused policies often fail to cover the unique risks of extended overseas stays, including emergency evacuation, hospitalization, and medical care costs. Insurers and brokers must adapt by offering comprehensive, portable coverage tailored to different destinations and durations. This shift presents opportunities for new products and growth in the snowbird insurance market, ensuring travelers are protected and insurers meet evolving needs.
