Canadian Travel Insurance: Where Can I Get Travel Insurance Deals?

When it comes to travel, it’s always better to be safe, because you never know what to expect. Whether you’re traveling as a tourist, backpacker, as part of a business or school trip, it’s important that you have a safety net, which is a Canadian travel insurance plan.

Now, finding the money for travel insurance can be a challenge. Most of us work very hard for our money, and there’s nothing wrong with trying to stretch every dollar you have. Travel insurance can seem expensive, especially if you’ve already spent a lot on hotels and airline tickets. But what about security and peace of mind? You can’t really put a price on that.

If you’re about to travel on a budget, that doesn’t mean you can’t get travel insurance. There are Canadian travel insurance deals you can find, as long as you know where to look.

You can get offers on travel coverage plans from many insurance companies and banks. But before you try to contact your insurance company, you should first determine what you want from your travel insurance policy, so you can get the best deals for your needs.

You need to decide what you want insurance to cover, particularly coverage for international travel, as most government health insurance plans do not cover expenses outside the local area. If you are going to a place where they have sub-par medical facilities, you need to make sure your plan includes repatriation costs.

Check your personal health insurance if it is adequate enough, so you don’t have to have it covered by travel insurance. You should also determine if you want your expensive personal items insured, such as jewelry, cameras, etc.

After determining your needs, determine who will be covered by insurance. Are you going to travel as a family, with a companion or alone? Offers are available from insurance companies and banks based on specific details, such as group offers or student discounts.

Check out at least 5 Canadian companies and banks so you can compare their deals, possibly even including airline and hotel accommodations. Start by looking at the largest banks in Canada, such as Royal Bank of Canada, TD Bank, and Bank of Montreal. Students should check with travel agencies like Travel CUTS and student unions to see if they have special student discounts. You can also compare your rates to your local credit union. You can compare their offers and check their price listings and discount rates through their available websites.

To find quotes on travel insurance deals, there are sites available on the Internet with tools that can calculate how much they will cost. For example, World Nomads has a tool where you can specify your location, policy start and end dates, and your particular type of policy (whether you are traveling alone or with your family) to get a price quote.

Before choosing the travel insurance offer you want, make sure you read all the details, especially the fine print, and all the coverage of the travel insurance plan. Determine the Canadian dollar amount (not the dollar or euro amount) for that particular plan. If you have a minimum amount, review your coverage to see if it would be enough for your needs. Also, make sure the business has an uninterrupted emergency phone line. If you get injured over the weekend in a foreign country, the last thing you want to hear is that the company is closed.