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Travel insurance for Canadians travelling abroad

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If you are a Canadian traveling abroad, it is important to consider purchasing travel insurance. Travel insurance can help protect you from unexpected expenses that may arise during your trip, such as medical emergencies or trip cancellations.

When choosing travel insurance, make sure to carefully review the policy details and understand what is covered. Some policies may only cover certain types of medical expenses, while others may have exclusions for pre-existing conditions or adventurous activities like extreme sports.

You can purchase travel insurance from a variety of providers, including your travel agent, your bank, or an independent insurance broker. Make sure to compare policies and prices to find the best coverage for your needs and budget.

It is also important to carry your travel insurance policy information with you while traveling and to know how to contact your insurer in case of an emergency.

Tips to buy travel insurance.

  1. Assess your needs: Consider the type of trip you are taking, your destination, and your medical history. This will help you determine the type and level of coverage you need.
  2. Compare policies: Take the time to review different travel insurance policies from multiple providers. Look for policies that offer the coverage you need at a price you can afford.
  3. Check the coverage limits: Make sure to check the maximum coverage amounts for medical expenses, trip cancellation, and other covered events. You want to make sure the limits are high enough to protect you from unexpected expenses.
  4. Read the fine print: Make sure to read the policy documents carefully and understand the terms and conditions. Pay attention to any exclusions, limitations, and requirements.
  5. Check the insurer’s reputation: Look for reviews and ratings from other customers to see how the insurer has handled claims in the past. This can give you an idea of the company’s reliability and customer service.
  6. Consider purchasing from a broker: An insurance broker can help you compare policies from multiple providers and find the best coverage for your needs.
  7. Purchase early: Buy your travel insurance as soon as possible after booking your trip to ensure that you are covered in case of unforeseen events.
  8. Carry your policy information with you: Make sure to carry your travel insurance policy information with you while traveling, including contact information for your insurer and any emergency assistance services.

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