Toronto-Dominion Financial institution is dealing with a class-action lawsuit over its refusal to pay journey insurance coverage claims following journey cancellations triggered by the COVID-19 pandemic.
The proposed class motion says lead plaintiff Kevin Lyons cancelled his household’s flight to Italy together with their Mediterranean cruise in early March after the Canadian authorities suggested in opposition to journey to the area.
The assertion of declare filed in Ontario Superior Court docket says TD turned down a $6,700 declare by Lyons and cited the journey credit score obtainable to him for the flights and cruise.
Lawyer Sivan Tumarkin, whose agency represents Lyons, says credit score or vouchers don’t quantity to a refund and that TD should pay the Toronto resident’s claims underneath the phrases of its personal journey insurance coverage coverage.
Tumarkin says many Canadians are experiencing comparable frustrations with journey insurers and argues that vouchers make a poor alternative for reimbursement given the uncertainty round journey and well being over the following couple of years.
TD didn’t reply instantly to requests for remark. The lawsuit should be permitted by a choose whether it is to go forward.