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Travel Insurance
Why Select Insurance & Investment Solutions For Your Travel Insurance Needs?
Have insurance advisors from diversified cultural backgrounds, assisting in different languages.
Have strong business relations with Canada’s leading insurance providers and experienced insurance brokers and financial advisors.
Compare Travel Insurance plans and rates from Canada’s trusted insurance providers in one click.
Have helped thousands of Canadians in successfully filling claims over the last 10 years.
Exploring a new place and culture brings new energy and motivation. Travelling to unknown places imposes risks related to health, logistics and other unexpected situations. If you are unprepared it can make your trip a disaster. To reduce risk while travelling you must be prepared against any unexpected circumstances.
Travel Insurance makes sure that you are financially covered in case you meet any medical emergency or any other unplanned situation. During your trip abroad your provincial or territorial insurance will not provide enough coverage. You can get a maximum of 10% you spend on medical or accident bills while you are out of Canada.
Other than health-related issues, travel Insurance secures you financially against other logistics-related uncertainties like
- Loss/theft of baggage.
- Flight delay or cancellation.
- Trip rescheduling or cancellation.
- Loss/ theft of important documents like Passport, Identity cards, boarding passes etc.
There are different coverage available that secure you financially under different circumstances while you travel stress-free.
How Travel Insurance Benefits and What All It Covers?
Travel insurance will provide financial coverage depending upon the plan you have purchased.
Benefits And Coverage Offered
- Emergency medical services.
- 24x7 access to medical services.
- Pre-medical health issues depend upon the type of plan you have purchased.
- Pre-existing health conditions are also covered but there are some criteria.
- Health or accidental emergencies.
- Hospitalization.
- Maximum medical coverage offered is up to $50,000,00.
- COVID-19 emergencies depend upon the terms and conditions of the purchased policy.
- Changes in travel dates, flight delays or trip cancellations can be covered.
- Accidental death and dismemberment.
- Loss or theft of baggage, passport or any other important belongings is covered depending upon policy coverage.
- There is sports coverage that you can add, providing coverage for any accident or death that occurred while you are engaged in any type of sports.
- Coverage is there for accidental death along with insurance.
- You can buy Travel Insurance maximum of 15 months and can use it for single or multiple trips as you like.
- If you are of less than 60 years then you will not have to go through any medical examination for getting travel insurance, but if you are above 60 then a simple health questionnaire needs to be filled out.
Apart from the basic plan, there is additional coverage available that you can buy depending upon your health condition, your lifestyle and the type of trip you are planning. Additional coverage like Sports & Activities, Rental Car Protection, Baggage etc will make your trip less risky.
Points To Remember While Searching For Suitable Travel Insurance Option
- You must analyse your coverage needs before starting your research and search policies accordingly.
- Always check what a travel insurance plan is offering and what is not covered by the insurance plan.
- Read the terms and conditions of the policies carefully.
- Travel Insurance plans have the option of deductibles. Deductible options are often cheaper as compared to full coverage options.
- If required, the plan you are interested in can be renewed while you are travelling abroad or not.
- Check the maximum length of coverage the plan is offering.
- Check carefully if there are certain regions or nations that are exempted in the plan or only given limited coverage.
- Make sure you understand the claim filing process.
- Have clarity on whether the medical claims made, will be paid directly to the hospital or you at the time of admission or billing or will be reimbursed to you later.
- If COVID-19-related emergencies are covered or not while you are on a trip.
- If you need to extend your trip abroad because of some emergency, will the extended stay will be covered by the policy.
It is important to discuss your trip details with your insurance provider for getting the right coverage. If the coverage you bought is not sufficient then the insurance policy is of no use.
Travel Insurance policy premium will depend upon the coverage you are buying. To be safe, it is good to compare rates and insurance plans offered by different insurance providers and then make an informed decision.
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