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John Hancock to distribute travel insurance

John Hancock Financial said that it has entered the travel insurance marketplace, distributing products through a new web site, www.johnhancocktravel.com, and through travel insurance comparison sites such as InsureMyTrip.com.  

The new travel insurance plans and products combine cancellation, interruption, medical, accident, and baggage protection with worldwide 24-hour multi-lingual emergency services, Boston-based John Hancock said. They products will be distributed by John Hancock Insurance Agency Inc., and underwritten by Old Republic Insurance Co. of Pennsylvania.

“Today’s travelers make significant outlays for transportation, lodging, and other expenses in planning trips,� Beth McGoldrick, assistant vice president of John Hancock, said in a statement. “We expect this new line of insurance will meet the travel protection needs of the many customers we serve across the United States.�

John Hancock Financial is a unit of Manulife Financial Corp., a Canadian financial services company.

Chris Reidy can be reached at reidy@globe.com.


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