Narrowing your Canadian Travel Insurance Choices

There are hundreds of companies that are underwriting policies that cover travel to just about any location in the world and any activity you can imagine participating in while traveling abroad, but if you are only planning on travel in Canada, then a Canadian Travel Insurance policy is the most economical purchase. If you buy either what is called world travel insurance, global travel insurance or worldwide travel insurance, you are purchasing too much coverage. In today’s world of financial turmoil, keeping your expenses to a minimum has become a way of life for many, even those who have the money to travel to the destinations of their choice. Those people still want to protect their investment, but are looking at ways to minimize any of the costs of travel including Canadian travel insurance.

Many large international firms provide Canadian travel insurance along with other insurance products aimed at both the Canadian traveler, but ex patriots returning to Canada as well. Many countries’ visa requirements make you carry some form of medical insurance until you can become a citizen of that country. Canada is one of those countries and you can purchase a wide array of medical coverage depending on the age of the oldest person who is going to be on the trip. Healthquotes.ca is a broker in Canada that offers medical coverage to Canadians traveling abroad, International travelers and visitors from any location coming into Canada. They can provide an instant Canadian travel insurance policy with the coverages and limits you put into their system.

For Canadians traveling abroad you enter your home province and the age of the oldest person traveling and your trip duration. There are only three options for trip duration up to 180 days, 181-365 days and over 365 days. Your input brings up several companies that you can get quotes from. This particular instance of the oldest Canadian traveler heading abroad being 50 years old and a trip duration of 1-180 days gave me 4 options to get quotes for Canadian travel insurance. They were Manulife Financial, Blue Cross/Blue Shield of Canada, TIC Travel Insurance, and Group Medical Services.

Manulife offers purely an Emergency Medical Plan, a Travel Canada Plan and an all inclusive plan if your plans are prepaid travel plans. The all inclusive plans have Emergency Medical, Baggage Loss, Damage or Delay, Flight and Accident Insurance, and Trip Cancellation and Interruption coverage. The Trip Cancellation and Interruption can be purchased separately. For a couple traveling together you get a 5% discount off the total premium from Manulife and the all inclusive plan for a two week trip is less than $350.

If you are only planning on getting a Canadian travel insurance policy for travel within Canada, you can purchase a Travel Canada plan from Manulife that offers a 50% discount off of the Single Trip Emergency Medical Plan. Whether you are planning on trips to Europe or Australia you can buy similar coverage from a European travel insurance or Australian travel insurance provider.

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