To buy or not to buy: North American youth not sold on travel insurance

2 February 2026

Young North American travellers, especially Gen Z and millennials, are increasingly skipping travel insurance, with only 30–39% purchasing coverage in 2025. Surveys show many feel overwhelmed by insurance terms and undervalue its benefits, delaying decisions on travel, life, and health policies. Canadian snowbirds and older retirees still purchase coverage, but younger travellers favor flexible, adventurous trips and often forego insurance. This shift reflects broader changes in travel habits and risk perception among younger generations.

Travel insurance shifts from optional to mandatory as global unrest grows

2 February 2026

Travel insurance is increasingly becoming essential, especially for frequent flyers, students abroad, and overseas workers, as it protects against medical emergencies, cancellations, and other financial losses. Several countries, including Argentina, Schengen states, Cuba, Ecuador, Russia, Thailand, Turkey, and the UAE, now require travellers to carry insurance, often with proof at entry. Recent natural disasters and geopolitical unrest highlight the importance of coverage for emergencies, from accidents to civil disturbances. Overall, travel insurance is shifting from a discretionary purchase to a necessary safety measure for international travellers.

Virgin Money Cuts Virtual Medical Care From Club M Travel Insurance

2 February 2026

Virgin Money has removed the 24/7 virtual medical care feature from its Club M travel insurance, affecting account-holders who previously had access to tele-doctor consultations and overseas second-opinion referrals. The change, attributed to a “benefit review,” leaves routine medical advice to be paid out-of-pocket or sourced locally, though emergency cover up to £10 million remains. The update may prompt corporate and frequent travellers to consider standalone telemedicine plans or upgraded policies. Customers were notified in December, but many missed the message, and UK law allows mid-term cancellations without penalty for reduced coverage.