Don't begin your trip without it!
For pleasure or business travel, be sure to pack your travel insurance. Why, you ask? Unforeseen accidents or illness can happen when you are away from home, and the expenses that can be incurred while in a foreign country can accumulate quickly.
Article from CBC News Online, April 25, 2006
Even though your government or group insurance plan may pay for some medical and emergency hospital costs outside of Canada, it may only cover a small percentage of the overall costs or have limitations. That means that without adequate travel insurance, you may be personally responsible for paying medical bills that could amount to thousands of dollars.
Did you know that even a one week stay at a hospital in the USA could cost as much as USD $60,000?
Depending on which plan you choose and what features are covered under that plan, you can enjoy the peace of mind that comes with worry-free travel for just a small premium. At Macnaughton & Ward Financial Services, we have the travel insurance that's right for you, so speak to an advisor who can help you choose the right plan for your travel needs.
- Travel insurance is designed to cover losses arising from sudden and unforeseeable circumstances. It is important that you read and understand your policy before you travel, as your coverage may be subject to certain exclusions or limitations.
- A pre-existing exclusion may apply to a medical condition and/or symptoms that existed prior to your trip. Check to see how this applies in your policy and how it relates to your departure date, date of purchase or effective date.
- In the event of an accident, injury or sickness, your prior medical history may be reviewed when a claim is reported.
- If your policy provides travel assistance, you may be required to notify the designated assistance company prior to treatment. Your policy may limit benefits should you not contact the assistance company within a specific time period.
- PLEASE READ YOUR POLICY CAREFULLY BEFORE YOU TRAVEL