Imagine going on the vacation of your dreams. As she heads out to see the sights with her family, she realizes that she is not feeling well and needs to see a doctor immediately. If you have purchased Canadian travel insurance, you can save yourself some additional anxiety in this difficult situation.
What is travel insurance?
Travel insurance provides traveler protection in the event of medical emergencies, loss of possessions, unavoidable changes in plans, and other unfortunate situations. Basically, this type of insurance gives you peace of mind when you need it most.
Purchasing Canadian travel insurance is basically the same as a financial contract. The insurance provider is legally required to provide insurance for the specific events mentioned in your contract.
Although there is considerable risk in traveling without adequate coverage, Canada and other countries do not legally require you to obtain this type of insurance before you travel…it is an option.
Being properly insured while traveling has helped many people make the best of difficult situations. Knowing that you have purchased Canadian travel insurance can make it easier to enjoy your chosen destination.
Travel insurance helps with medical emergencies
Canadian travel insurance can offer financial protection to individuals within Canada, as well as those traveling to other countries and exotic destinations. Health insurance coverage helps pay for medical bills incurred when someone is away.
Many people report that obtaining this type of insurance helped relieve stress when a medical emergency struck their family abroad. There is already so much anxiety involved in medical emergencies, especially those that occur in unfamiliar places, that having travel insurance can be extremely helpful.
Can help when a trip is canceled
Another benefit of this insurance is that it provides much-needed peace of mind when a trip must be cancelled. If a trip is canceled for a reason listed in the travel insurance coverage, the cost of the trip is refunded.
Canadian travelers who purchased insurance in Canada say that while they were disappointed not to be able to make their trip, they were greatly relieved to learn that they would not be financially responsible for paying for the travel arrangements they had made.
You can pay for lost bags
In today’s world of air transfers and complicated baggage delivery systems, traveling can be hard on luggage. Lost or damaged baggage travel insurance can help replace the contents of your baggage if it is lost, damaged or stolen.
People who have used their Canadian travel insurance policies to claim lost luggage say it was a quick and easy process. Airlines and other transportation companies are not necessarily responsible for replacing the entire contents of lost luggage, so this type of insurance is a must.
Can help with rental cars
Damage to or theft of a rental car can ruin a trip, especially if the person traveling is not fully insured. Purchasing Canadian travel insurance can help ensure that travelers are not responsible for the cost of damaged or stolen rental cars.
It’s often hard to feel safe driving a rental car in the first place. Many people find that they feel less familiar with driving rental cars, possibly increasing the likelihood of an accident.
Rental car insurance is extremely expensive when purchased from the rental car company, so many travelers find it more economical to purchase Canadian travel insurance to cover their rental cars.