What Type of Travel Insurance is Right for You?

Planning a trip takes time; booking flights, hotels and rental cars, and then there is the excursions too. Unfortunately, many do not spend enough time looking at their travel insurance options, if any. This can be a costly item to overlook.

When most people talk about travel insurance, they go right for health coverage, and that is a really important factor to consider, but it is not the only one. There are many things to consider covering depending on where you are going, for how long and who is travelling with you. For these reasons, there are many different types of insurance and packages available to protect you from unexpected expenses that can add up fast.

1. Travel with Health Insurance

When travelling outside of Canada, health insurance is an important coverage you will want to add to your vacation plans. Canada’s health plans offer little when travelling outside of the country, and if your stay is extended, the costs of an accident or illness can easily set you back thousands.

Health insurance is designed to cover such things as hospital stays, emergency room charges, an ambulance ride and medications. Since accidents can happen at any time, get the coverage you need before you go.

2. Travel Life Insurance

This coverage will add additional benefits to the insurance you already have in place, and covers such things as returning the remains home for burial. Travel life insurance is a supplement and is only in force for the duration of your vacation.

3. Trip Cancellation Interruption

Many portions of trips are paid for in advance such as deposits, airfare and attraction tickets. This is especially the case with all-inclusive trips that are ever more popular these days. Everyday there are travelers who are forced to cancel or delay a trip for medical or emergency reasons. This insurance coverage is designed to pay for these up front costs so you don’t have to.

4. Flight Delay Cancellation Lost Luggage

Airlines are not obligated to provide you with compensation or assistance if your flight is delayed or cancelled due to weather. Although some do, there are many that do not. You could be stuck with the extra hotel fees, meals and other unexpected expenses.Get that covered. Further, should your luggage get lost in transit, this coverage will help you replace some of those valuable items you packed.

5. Travel Insurance Packages

Depending on your travel destination, duration and depending on who you are travelling with, there are policy choices allowing you to prepare a comprehensive travel insurance policy that will cover you and all of your travelling party needs. Maybe you are travelling with your family, or you travel frequently for business and need a multi-trip policy, or you are going to backpack across Europe for an extended period of time; whatever your travel needs are, there is a package that is just right for you.

Travel insurance really takes no time to arrange, and by choosing the right insurance to fit your travel needs, you guard against the potential risks and costs that can really put a damper on your vacation. Speak to one of our travel insurance specialists to make sure you are properly covered.