Planning a trip to Canada? Good decision! Canada is the world’s largest country, with half its land covered in forests and greenery. You can enjoy breathtaking views, stroll along beaches, eat scrumptious cuisines, and much more. You can even participate in adventurous activities such as mountain climbing and skiing tours. However, when planning your vacation, you should not overlook the importance of travel insurance. Purchase travel insurance for Canada as a safety net. It protects you from any unexpected events that may arise during your journey.
Let’s delve into why your decision to visit Canada is worth every penny.
What Does Travel Insurance for Canada Cover?
Travelling does not always go as planned, and you might face some challenges. The best travel insurance provides coverage for unforeseen events that are listed below:
- Trip Cancellation: Most things are beyond your control, as life is unpredictable. If you have to cancel your trip due to unforeseen circumstances such as health issues, medical emergencies, or family emergencies, your insurance will provide coverage for your non-refundable trip expenses. Additionally, it will also provide coverage if you decide to shorten your trip or return home early.
- Medical Coverage: Imagine you’re on a mountain climbing tour and twist your ankle. At first, you believed it was just a sprain, but later, you discovered it was a fracture. You’re now worried about two things: getting treatment and paying for your medical expenses. But wait, since you’ve already purchased travel insurance, you don’t need to worry about the costs. Your insurance will cover medical expenses such as room rent, prescription drugs, diagnostic tests, and many others.
- Emergency Assistance: Your travel insurance will provide coverage for medical emergencies, such as transporting you to a medical facility or evacuating you back to your home country for medical treatments.
- Flight Delays: Flights are sometimes delayed due to poor weather, such as thunderstorms or fog. If this happens to you and you miss your connecting flight due to delays, don’t worry; your insurer got it covered. Furthermore, flight delays incur additional expenses such as accommodations, meals, and transportation, which are also covered by your travel insurance.
- Lost Luggage: If you ever find yourself in a situation where airline authorities lose your luggage during the check-in process, or you have lost it, your insurance company will reimburse your expenses.
- Accidental Death: Considering the worst-case scenario, if you suffer severe injury or death while travelling, your insurer will provide your beneficiaries with financial coverage.
Eligibility Criteria to Buy Travel Insurance
Some basic requirements you need to fulfil to buy travel insurance are:
- Adults should be between 18 and 70 years of age
- Dependent children may be up to the age of 25
- Travellers must have and should present required documents, such as copies of their passports, visas, and other relevant documents
Factors to Consider When Looking for Travel Insurance in Canada
By reading this far, you know what travel insurance Canada covers. Let’s talk about the factors to consider when buying an insurance policy.
- Coverage: It’s essential to understand what your insurance plan covers. Know the maximum amount your policy will pay out in the event of a medical emergency. This is especially important because medical costs in foreign countries are high.
- Pre-existing Conditions: Some insurers provide coverage for pre-existing diseases, while others do not. If you have any prior medical conditions, make sure your travel insurance policy covers them.
- Exclusions: Understand carefully what your insurance plan does not cover. Exclusions vary depending on insurers, however, one of the common exclusions is high-risk activities.
- Premiums: Some insurers charge low premiums for low coverage, while others charge high premiums for a large amount of coverage. As a result, you should choose your insurance plan carefully.
- Reputation: Ensure that the insurance company has a high Claim Settlement Ratio (CSR). CSR indicates the number of successful claims made during a financial year and also represents the insurer’s financial position in the market.
Wrapping Up
Travel insurance Canada is a small investment you can make when planning your trip. This small investment can give you peace of mind by protecting you financially from unforeseen events such as medical emergencies, trip cancellations, flight delays, lost or stolen luggage, and more.
Are you looking for travel insurance for your trip? Then, you are on the right page. Consider Niva Bupa Travel Insurance; they provide specialised travel insurance Canada and other countries, such as the United States and Germany. Niva Bupa offers customised insurance plans with comprehensive coverage for benefits such as trip cancellations, lost passports, cashless claims for medical emergencies, access to proper healthcare facilities, and protection from personal liability while travelling. Choose Niva Bupa as your travel companion, and have a great trip.
