Why You Need Travel Insurance

Posted on: October 21, 2013

Whether you are a frequent flyer or annual adventurer, if you travel out of province or abroad, make sure travel insurance is on the top of your list.

Here's why!

Accidents and medical emergencies can happen anytime or anywhere, but approximately 50% of Canadians still travel uninsured. Many inaccurately assume they are covered by their provincial health insurance.

In fact your provincial health will not cover all international or even out-of-province medical expenses.   What it does cover it won't pay up front. With rising heath care costs, medical bills can add up quickly, espcially in the USA. In fact a hospital stay can cost $1000 USD per day, up to $10,000 USD per day for intensive care and air evacuaton can cost upwards of $50,000 USD.

Without sufficient protection medical expenses could be financially devastating. In many cases the govenment covers less then 7% of the total cost, but each province differs slightly.

Are YOU covered?