As we are entering the busiest travel season of the year, now is a good time to discuss the benefits of travel insurance for Canadians. Whether you are a snow-bird heading down to Arizona or Florida until spring, or just plan on visiting friends and family over the holidays, travel insurance is a simple and affordable way to protect you against unplanned medical expenses.
The provincial MSP (Medical Services Plan) covers a small fraction of healthcare expenses incurred outside of Canada, and also limits coverage when travelling out of province. We have all heard the nightmares of medical bills incurred when a Canadian falls ill or is injured in another country. Just the bill for the ambulance ride alone will shock you.
Benefits of Travel Insurance for Canadians
In addition to the obvious protection against emergency costs such and physician treatment and hospital stays, travel insurance can also offer coverage for:
- Trip cancellation/interruption
- Baggage loss
- Prescription drugs
- Vehicle accidents
In additional, a comprehensive travel insurance plan can provide you with 24/7 travel assistance anywhere in the world.
Travelers with Medical Conditions
If you have a medical condition (or had one in the past), finding travel insurance that includes coverage for those conditions can be difficult. Many plans are designed not to cover pre-existing conditions. Rather than take the huge financial risk of travelling without coverage, or foregoing your planned trip of a lifetime, there are plans available designed to cover those with pre-existing conditions. We encourage you to contact the agents at DENT Benefits to learn more about travel coverage for people with medical conditions.
If you are a business owner and are looking to offer a complete travel insurance as part of your group benefit plan, check out are article on group travel insurance in BC.
If you are an individual and you are concerned about your health insurance coverage abroad, DENT Benefits offers a quick and easy way to Get a Quote Now for travel insurance! If you have any questions about travel insurance for Canadians, don’t hesitate to contact us today.
The information in this material is derived from various sources. Material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources; however, no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please contact us for benefit, pension and insurance advice based on your corporate or personal circumstances.