Jet fuel shortage now a ‘known event’ for insurance, Manulife says - BERITAJA

Canadian security institution Manulife says that worldwide “jet substance shortages” are now considered to beryllium a “known event’ pinch respect to Manulife Trip Cancellation and Interruption Insurance coverage.”

An advisory issued by Manulife connected the matter states that arsenic of May 5, 2026, if the company’s recreation argumentation is purchased connected aliases aft May 5 and recreation disruptions occur, past “benefits would not use owed to the existent business being a known event.”

If purchased earlier May 5, those who are insured “may beryllium covered nether their policy’s misconnection aliases disruption benefits” if “the existent business causes a hold aliases disruption to an insured’s return home.”

If an insured formation is either cancelled aliases interrupted connected aliases aft the aforesaid date, “benefits related to this existent business would not apply, arsenic it is now considered a known event.”

Manulife has a akin argumentation successful spot for flights to the Middle East and Cuba. The Middle East was classified arsenic a “known event” connected Feb. 28, 2026, the aforesaid pinch Cuba arsenic of Feb. 10, 2026.