As Canada recovers from the effects of the ongoing pandemic, travel has gradually resumed and begun picking up speed among Canadians. As always, travel insurance is highly recommended for anybody planning a trip, and it is more important than ever to understand your options and the differences between what providers are covering, as well as what is being excluded.
Travel insurance is designed to cover emergency medical expenses; therefore, routine medical expenses or treatment for pre-existing conditions are generally excluded. However, travel insurance providers have adapted to begin covering COVID-19 related illnesses.
Here are six tips to help ensure you are adequate covered while away from home:
- Keep up-to-date with the countries under travel advisories by the federal government. It will be more difficult to get coverage for travel to these destinations.
- Check the policy terms pertaining to coverage for pre-existing conditions. Most will require that pre-existing conditions such as high blood pressure or diabetes be "stable" for 6 to 8 months, but some will exclude these conditions altogether.
- Check the policy for any maximum age limits and ensure you are eligible.
- Consider the amount of coverage necessary for your age and medical conditions.
- Keep in mind that injuries related to alcohol overuse or abuse is excluded.
- Finally, contact your Insurance Advisor for professional advice on the options available to you and help getting the travel insurance policy best fit for you.
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