Are you planning to book a trip outside Canada? With the pandemic still raging on, it might not be the best of plans, and you might consider postponing your travel plans. However, if it’s an urgent matter, you should opt for travel insurance to secure your trip. You might disagree with that but opting for travel insurance is one of the best ways to ensure that if somehow your flight gets cancelled or if there are any other setbacks, the cash that you’ve already spent is reimbursed. With travel insurance, you can be stress-free, and in this blog, you will learn about everything you need to know about this policy.
Your travel insurance should cover
No matter where you’re traveling to or for how long, your travel insurance should cover the following three things:
- Evacuation on medical grounds: If you have cut-short your travel plans due to a medical emergency, the medical evac clause on your travel insurance will cover your return expenses.
- Pre-existing medical conditions: Ensure that your pre-existing medical conditions are covered in your travel insurance, else you could find your claim null and void. The paperwork should also include a stability clause stating that if you’re to be covered for any pre-existing conditions for a specific period, you must have no changes to your medical condition, as well as a compassion clause saying that an inaccurate statement of the condition may not completely invalidate the policy.
- Repatriation in case of death: In the unfortunate case of the policyholder’s demise, the policy should cover the expenses of returning their mortal remains to Canada (their home country)
Alongside, other coverage options should be things such as coverage for expenses if your trip is interrupted, coverage for expenses if your find yourself in a legal dispute on foreign land, and most importantly in the present world, coverage for Covid-19 related emergency medical expenses
Understanding the terms of your policy
This part would be your responsibility as you should thoroughly read the fine print before signing in on the dotted lines. If you have any queries post going through the policy plan, you should contact the insurance company. Also, get approval from your insurer before you go to a doctor for medical treatment and see to it that you get a detailed report and an invoice of the treatment before you leave the country.
Explore the market when you’re looking for travel insurance. Compare quotes and then make up your mind on which company you should choose. If you need help, feel free to get in touch with your local insurance broker