7 Best Canadian Travel Insurance Companies
Financial protection from a variety of emergencies that can occur while you’re traveling is provided by travel insurance.
Furthermore, Canadian health insurance isn’t valid outside of the country, and even while you’re traveling within the country, your provincial or territorial health plan might not fully cover your expenses. Unexpected medical costs from an accident or illness overseas could put you out of business. For this, the Canadian government recommends that all tourists purchase travel insurance, and I never leave Canada without it. Regardless of age, health, destination, or duration of vacation, everyone needs the best travel insurance in Canada, whether they are going on a two-week trip or spending a gap year abroad. Here are some of the top insurance providers to take into consideration when searching for the best travel insurance plan in Canada.
1. World Nomad Travel Insurance
World Nomad Travel Insurance is the best for Thrill-Seekers: Designed for adrenaline lovers with wanderlust, World Nomads ensures a long list of adventure sports, activities and, volunteer/work experiences, as well as sporting equipment delay/loss/theft. You also have access to a 24-hour helpline that offers information that adventurers might require, such as weather updates and travel warnings, help to find the nearby route, and help to find a gear store.
The typical policy includes coverage for emergency dental costs up to $5 million, trip cancellation/interruption/delay, baggage delays/theft/damage, and more. The drawback is that eligibility requires that you be younger than 66 years.
2. CAA Travel Insurance
CAA Travel Insurance is the best option for families: A long-standing Canadian institution, CAA travel insurance offers adaptable travel packages to fit every traveler and trip, but its family-friendly coverage stands out. They provide an exceptionally thorough stand-alone emergency medical policy that provides up to $5 million in health coverage, covering even medical repatriation, urgent dental care, and reimbursements for boarding and caring for pets.
The Vacation Package Plan offers complete cancellation/interruption insurance, making it perfect for pre-paid, all-inclusive vacation packages, as well as family transportation and kid escort in case of emergencies. Although anybody can purchase CAA travel insurance, members save 10%
For clients who have received the COVID-19 vaccine, the emergency medical plans from CAA now cover conditions that are related to COVID-19. A partial vaccination is covered up to $2.5 million, while a full vaccination is covered up to $5 million.
3. Blue Cross Blue Shield Travel Insurance
Blue Cross is the best option for seniors and retirees: One in four Canadians uses the travel insurance provided by Blue Cross Blue Shield, which has been around for more than 70 years. Up to $5 million is covered under Blue Cross’ emergency medical coverage. Blue Cross is a great option for seniors because it offers unique “snowbird” travel insurance plans created for Canadians who vacation to warmer regions every year.
The freshly introduced Serenity Service is a component of the package. If your aircraft is delayed, this complimentary perk gives you access to a variety of advantages, such as a hotel room or an airport lounge (depending on the length of the delay).
4. Travel CUTS Bon Voyage Insurance
Travel CUTS Bon Voyage Insurance is the best option for Budget Travellers: The travel insurance plans from Travel CUTS Bon Voyage Insurance starts at just $1.36 per day, and it has long been my “go-to” travel insurance. Although it is oriented toward students (you can change your trip dates for no additional cost if your schedule conflicts with an exam), anyone between the ages of 15 and 50 can buy coverage.
Hospital and medical coverage up to $1 million, dental care, air ambulance evacuation, flying accident, accidental death or dismemberment, and trip interruption/cancellation insurance are all included in the base package. Extreme sports and adventure are also discussed.
5. Manulife Travel Insurance
Manulife Travel Insurance is the best option for Canadians with Pre-Existing Medical Conditions: Manulife Travel Insurance provides extremely thorough Canadian travel insurance packages for those traveling with a family, as visitors to Canada, or as students. Furthermore, you have access to the TravelAid smartphone app, which offers contact information for the closest emergency services as well as instructions to the nearest medical facility.
The standout feature, though, is undoubtedly TravelEase, a unique coverage created to cover fully reported medical issues. It covers a variety of costs for medical services and transportation for travelers with pre-existing diseases. It offers emergency medical coverage up to $10 million, which is unheard of in the field of travel insurance.
6. Medipac Travel Insurance
Medipac Travel Insurance is the best for Emergency Medical Assistance: Travel Insurance from Medipac is one of the few travel insurance providers with a dedicated team of medical experts available via their Medipac Assistance hotline. Your initial point of contact in an emergency medical issue should be a medical practitioner from Medipac. This service is useful for navigating foreign medical systems and for avoiding irrational costs when dealing with a high deductible.
In addition to no age restrictions, a claim-free discount, and a 90-day stability period for the majority of pre-existing diseases, Medipac offers several appealing benefits for their travel insurance policies. If a standard Medipac insurance plan does not cover your pre-existing medical condition, Medipac also provides customized, underwritten insurance policies to assist you to meet your needs.
Customers who have received at least one dose of the COVID-19 vaccination from Medipac are eligible for the new MedipacMAX option as well as a 5% vaccine discount. Along with its other advantages, this COVID insurance option offers maximum coverage for COVID-19 of up to $5 million.
7. Allianz Travel Insurance
Allianz Travel Insurance is the best for frequent travelers: As a well-known global leader in the Canadian travel help and insurance market, Allianz Travel Insurance is a significant supplier of concierge, corporate assistance, and travel insurance services. It aims to assist its clients in locating remedies for various travel-related issues. In addition to working with respectable travel agencies, airlines, hotels, websites, ticket brokers for events, corporations, academic institutions, and credit card organizations, Allianz Travel has associated with a wide range of other trustworthy businesses.
A wonderful option for those looking for travel insurance is Allianz Travel Insurance. Its one-way plans are ideal for travelers who leave their houses and stop at one or more other places before returning home. There are five distinct policies offered by its parent business, Allianz Global Assistance, with various degrees of protection and coverage. The annual/multi-trip plans from Allianz Travel Insurance are ideal for both personal and business travelers who make several journeys each year. There are four different alternatives available.
Conclusion
While your policy may vary based on the insurer you select, an all-inclusive travel insurance package normally includes the different types of coverage you choose. The simplest approach to buying travel insurance is to use a comparison method, both offline and online, and to rapidly see pricing and coverage alternatives without disclosing personal information.
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