What is Travel Insurance?
Travel insurance can protect against the loss of non-refundable travel costs, such as airfare, hotel and tour expenses. Other types of travel insurance offer protection against losses due to medical emergencies, damage to personal property or death, which may occur away from home on vacation.
Types of Travel Insurance available:
Emergency hospital/medical coverage
- Reimburses you for medical and emergency dental expenses that you have because of an illness or injury while you’re traveling.
- Provides emergency transportation to take you either to a hospital near your area of travel or for transportation back to a hospital near your home.
- Reimburses you for prepaid travel expenses if you aren’t able to take your trip because you or a family member becomes ill or dies.
- Reimburses you for prepaid expenses if your trip is cut short because you or a family member becomes ill or dies, or because of any other misfortune listed in the policy. Covered reasons might include bad weather, airline strikes, terrorism, bankruptcy, jury duty or fire/flood damage to your home.
Coverage for your baggage, personal effects and money
- Reimburses you for lost, stolen or damaged personal items. This usually doesn’t cover personal items that may be lost or damaged by an airline. If you buy baggage insurance, be sure to review the policy for the list of property that wouldn’t be covered. Some of your property may exceed the limits allowed.
Car rental – physical damage protection
- Reimburses you for damage or loss to a rental vehicle. If you have the coverage you may decline the “collision damage waiver” rental car companies’ offer. This coverage doesn’t provide liability protection.
Coverage for children going out of country for school
Family members traveling to Canada to visit you
By having a conversation with one of our brokers, they will be able to help you navigate all the options to ensure that you have the coverage that is perfect for you. Contact us today.