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Posts from the ‘Travel Insurance’ Category

7
Dec

Ensure your lifestyle is fully insured

By Grant Ostir

Even if you don’t consider yourself someone who leads a risky lifestyle, there’s a chance that experts might disagree.

If you rock climb, scuba dive, travel to dangerous places for work or even drive long distances (compared to the average person), you’re considered a higher-risk individual.

And with this lifestyle comes a unique set of risk management and insurance needs. Here are some tips to figure out what coverage you should consider.

Click here to read more

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10
Jun

Better Safe than Sorry!

DID YOU KNOW?

  • It has been estimated that about 1/3 of travelling Canadians leave the country with absolutely no medical coverage; 
  • This is dangerous in that statistics show that 21 % of travellers will require medical attention – 40% of these will not have coverage; 
  • Provincial health plans cover only about 9 %  of out-of-country medical expenses; 
  • The average out-of-pocket cost per hospital stay in the U.S. is over $15,000 with some expenses being as high as $100,000 or more; 
  • Even travel in Canada can result in out-of- pocket costs for medical treatment due to the differences between provincial plans; 
  • Some countries (such as Cuba) and many cruise ships require proof of travel insurance. Read more »
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