Travel insurance is an insurance product for covering unforeseen losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage, flight delays, public liability, and other expenses.
This generally includes destination countries or regions, the duration of the trip, the age of the travellers, and any optional benefits that they require coverage for such as pre-existing medical conditions, adventure sports, rental vehicle excess, cruising, or high-value electronics.
Did you know?
Without travel insurance, you could have to pay out-of-pocket for emergency expenses:
- The average cost for a hospital stay in the United States is US$10,000 per day.
- The government covers less than 10% of the total costs associated with an illness or injury outside of Canada.
- A minor ear infection could end up costing thousands of dollars if you have to take another flight.
And much more
- Accidental death and dismemberment insurance
- Rental car protection
- Coverage for contact sports, adventure sports and extreme sports
- Visitor to Canada package
- Non-medical package
- All-inclusive holiday package
- Insurance for international students (in Canada) and Canadian students (outside of Canada)
Why Buy Travel Insurance
Visitors to Canada
Travel Insurance Meets Yours Needs
Insurance coverage in case of a medical emergency
Maximum coverage of five million dollars. If you need a hospital or clinic while away, our comprehensive coverage offers you the best care and treatment available. Provincial health plans cover less than 10% of travel medical bills; without sufficient travel insurance, you could be out-of-pocket for emergency dental services, ambulance fees, emergency air transportation, prescriptions, X-rays, return of your travel companion and more.
Coverage for a pre‑existing condition
Whether you’re taking medication for your hypertension or have a lung condition like asthma, coverage is available for your pre-existing condition. Coverage is based on your age, the length of your trip and the stability of your medical condition.
Our simple Medical Health Questionnaire for travellers aged 60+ determines your rate, not your ability to get coverage.
Trip cancellation & interruption coverage
Even the best plans can fall apart; it’s not just medical emergencies that keep people from travelling. Missed flights, travel delays, job loss, the death of a family member or a natural disaster can all ruin travel plans unexpectedly. Trip Cancellation & Trip Interruption covers you if travel plans have to be cancelled before departure, or if they’re disrupted after the trip has begun.
There are two kinds of baggage in the world: carry-on and lost. When you have multiple stopovers in different cities, or if you’re travelling outside of Canada, be sure you’re protected against the loss, damage, destruction or theft of your personal belongings.
Frequently Asked Questions
What is the meaning of insurance?
Why do I need Insurance?
Why should one cover oneself immediately ?
How to Choose the Best Term Plan?
Claim settlement record of a life insurance company indicates the ultimate moment of truth for the customer. Claim settlement record can be assessed through a percent number (Claim Settlement Ratio) released by IRDAI (Insurance Regulatory and Development Authority India) every year.
How much life cover do I need?
If budget is a problem, you could go for monthly premium payment option over a yearly commitment. However, it is important to have a sufficient life cover so that your family’s financial security is not compromised.