Why Travel Insurance is Important.
With the release of restrictions, and the spread of COVID-19 having less of an affect on us, travelling is back on everyone’s minds and calendars.
There are several different ways travelers can access insurance, such as their credit card for interruption or cancellation, or their employer’s benefit plan for emergency medical, but nothing can compare to the offering of a stand-alone travel policy – its price and coverage combination cannot be matched.
Why should you consider travel insurance?
Unlike Canada, the cost and access to healthcare around most parts of the world is undesirable. So, if you or a family member become ill or injured during the trip, it could cost thousands, sometimes hundreds of thousands, of dollars! Travel medical coverage can provide a security blanket for your wallet in the unlikely event someone needs medical attention. In addition to emergency medical coverage, travel insurance can include trip cancellation and interruption, which can cover you for monies already spent that are non- refundable. Sometimes life happens. Flights get cancelled, our loved ones become very sick, and we simply aren’t able to stick to our plans – this is when trip cancellation and interruption can come to the rescue.
Real-Life Traveller Stories
Rogelio was an international student in Ottawa. When he had trouble urinating, he went to the hospital, where doctors ran tests and found he had a blood infection caused by kidney problems. They kept him there for 8 days. Rogelio’s health plan paid more than $ 27 thousand for all his treatment and related travel costs – without insurance, an emergency like that could have been financially devastating.
Ana and her family went on vacation to Florida and the day before boarding they started to feel sick. They went to a walking clinic and discovered that they all had COVID. They had to reschedule the flight and extend their stay at the Hotel for another 10 days, while they all recovered from COVID. Unfortunately neither Ana nor her family took out the interrupted travel insurance, which would have covered these extra expenses when they were sick. Without this insurance, Ana had to spend more than $10 thousand extra which caused a serious financial problem for the family.
34-year-old Greg flew down to LA to visit his cousin. He started to have numbness in his fingers and toes, progressing up his arms and legs. Greg was admitted to the hospital for 8 days. Doctors diagnosed him with Guillain-Barré Syndrome, which causes the body’s immune system to attack the nerves. After being diagnosed with a serious illness, he was air evacuated back to Canada. His travel insurance plan pays more than $ 207,000 for all his medical treatment in the United States and for his air ambulance back to Canada.
How can I get travel insurance?
How can I get travel insurance?One of our experienced Alteri agents can help you get quotes from different providers. Since you can buy travel insurance for the specific trip period, or annually, we will need to gather more information on your plans for the next twelve months. You can expect to give us basic personal data, and depending on your age, some health confirmations.
Are you headed somewhere soon? Don’t take on more risk than you need to. With competitive pricing, great coverage, and the crazy world that we live in, speak with Alteri agent today and understand all of your options.