When you travel, you remember to pack your clothing and accessories, prescribed and just-in-case medications, first aid essentials especially sunscreen, bug repellant and ointment and your toiletries. You have your travel documents with you: tickets, vouchers and passport. You have your electronics with you: cellphone, iPad/MP3 player and camera. Have you forgotten some of the most important documents: medical and travel insurance?
Consider some of the unexpected costs of medical treatment that are covered by travel insurance while you are travelling: paramedical services of a chiropodist/chiropractor/osteopath are covered up to $300 per profession per insured; emergency dental treatments of up to $300 for relief of dental pain and up to $3,000 for an accidental blow to the mouth are covered; if you need someone from home to fly to be by your bedside, up to $500 for the person’s hotel room and meals, plus return economy class airfare are covered; and if you or a member of your party need to extend their stay, up to $500 per day to a maximum of $5,000 for all-inclusive plans are covered. There are many more expenses covered by travel insurance plans.
You received a credit card that comes equipped with travel rewards and travel insurance. What is included in the travel insurance? The entire length of your trip may not be covered. If you have a pre-existing heart condition and you have related medical expenses while travelling, your credit card insurance may not cover those expenses. Cancellation insurance, trip interruption insurance and lost or delayed luggage insurance may not be included in the coverage.
When you make up your travel checklist, remember your travel documents, inform your bank of your travel and unusual purchase plans, find a friend or neighbour to monitor your house and pets and purchase some local currency. More important: make certain that you are covered by the best insurance possible!!
Learn more about travel insurance on our website, here.
Source of the monetary figures used in this blog: The Manufacturers Life Insurance Company (Manulife) and First North American Insurance Company.
