Every time you travel, you carefully choose your destination, flight and accommodation with a view to having a relaxing and fun-filled trip. But let’s face it, accident and illness don’t take a vacation just because you do.
In reality, even just a change of environment, diet and activity level can often increase your chances of needing medical assistance when you’re away from home. Unfortunately, the cost of medical care outside of Canada, and even your home province, can quickly add up to thousands of dollars a day.
That’s why it makes good sense to protect your travel plans with travel medical insurance. But a 2013 study, done by one of Canada’s top five banks, revealed that only half of all Canadians who travel outside of the country purchase this important coverage. So where should you begin in your search for the right coverage?
While many credit card and employer programs offer travel medical coverage, they quite often have exclusions and limitations that will leave you without adequate protection. When you book your travel plans online, you’re often given the opportunity to add on low-cost, one-stop coverage, but these plans also quite often leave you under-covered.
What should you look for when shopping for the right coverage? Here are a few pointers to keep in mind:
- Ensure your plan covers yourself, your spouse and any dependents travelling with you. You may qualify for a family discount or have your children included at no cost.
- Trip Cancellation and Interruption coverage is an affordable way to protect yourself from the cost of a delayed, interrupted or cancelled trip.
- If you take more than two trips per year, business or pleasure, you may be able to take advantage of the convenience and savings that a multi-trip plan can offer
- Purchase only the coverage you need, but remember all-inclusive travel insurance includes emergency medical, trip cancellation and interruption, flight accident, baggage, accidental death and dismemberment – and can be quite affordable when purchased in a package.
- Be sure to complete your application as accurately as possible, disclosing any pre-existing medical conditions and closely review your coverage before you travel.
Canada Protection Plan offers a complete selection of travel insurance plans and our premiums are among the lowest in the country. In addition, we are Canada’s leading supplier of No Medical life insurance. So whatever your insurance needs, call 1-877-851-9090 to get a no-obligation a quote or to find out more about our plans.
