Understanding Travel Insurance?

A recent study shows there’s still confusion among Canadians when it comes to travel health insurance. The study by the Travel Health Insurance Association of Canada (THIA) shows 13 per cent of Canadians aren’t sure if they have travel insurance before they go on vacation, and of those who have bought insurance, 17 per cent don’t know what their policy covers.

THIA president Brad Dance said the confusion stems from from people not knowing what kind of coverage they have. He said some employers may cover travel insurance and even credit card companies can provide it, but travelers need to make sure they know what they have before leaving their province. And if someone does need to buy standalone insurance, it can range in cost.

If you have to purchase… here are a few things to keep in mind… “Length of trip is obviously one aspect, your age is another, as is your general health, where you may be travelling in the world. Other factors that can affect the rate of a travel insurance policy include what activities you might be undertaking while on your trip.

Information and image source: YouTube / https://www.thiaonline.com/

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