Whether it’s an overnight shopping trip to the United States, or an extended European holiday, Canadians are travelling more. In 2012, Canadians broke a 40-year-old record for travelling abroad and in 2014, over 895,000 trips to overseas countries were reported. Although unexpected events are never planned, travel insurance can help in the event of a medical emergency, accident, or trip interruption.
Travel insurance may seem easy to pass on when planning a trip. Why spend extra money on insurance if the odds of something happening are low? Unfortunately, no one plans or foresees an accident or medical issue while travelling abroad. Treatment for a broken arm or the flu, could cost thousands of dollars in a U.S. hospital without insurance. If you are out of the country and need to be evacuated, you could be paying upwards of $50,000 without some form of insurance. Your employee benefits package or credit card may offer protection, but they likely have limits.
TravelWell® offers comprehensive travel insurance protection and the peace of mind that comes with it.
Two plans are available to meet your travel insurance needs:
TravelWell® Emergency Medical Plan Insurance
• Up to $5 million emergency medical insurance for trips up to 30 days
• 24/7 worldwide medical and travel assistance
• Up-front payment for most medical services wherever possible
TravelWell® All-Inclusive Plan Insurance
Includes everything the Emergency Medical Plan offers plus:
• Trip cancellation insurance
• Trip interruption insurance
• Baggage coverage for trips up to 30 days
It’s easy to enrol, and there is no medical questionnaire and no deductible. You, your spouse, and your children are all covered. Even grandchildren are included when travelling with a grandparent. Plus, with either plan, you can choose to make one annual payment, covering multiple trips of up to 30 days each. If you’re planning to be away longer, extensions are available.
While you cannot plan for the unexpected, you can definitely minimize the impact and risk you may encounter if your trip doesn’t go according to plan. As part of your vacation planning, speak with a BrokerLink broker today to find out more about TravelWell® and our other insurance products we offer for travelling.