Travel Insurance – Samp Insurance

Have You Packed Your Travel Insurance?

Travelling is always an important & crucial part of our life. Travelling across the world is a dream and to actually live it is risky. There is a risk of getting physically hurt, theft, misplacing luggage or getting sick. Travel insurance provides financial security when a person travels within or outside Canada. It also becomes important for people who frequently travel outside Canada for business trips.

All the Benefits a Travel Insurance Offers

There are various plans which are available; a traveler can choose insurance plans according to his/her needs and requirements. Travel Insurance plans come in many packages like for single trips, multiple trips or for a particular time period like for a year or so. The depth of coverage can vary depending on the package you choose and insurance provider.

Medical Expenses: The Canadian Health Insurance Company doesn’t cover medical expenses during travels outside Canada. So, travel insurance becomes a necessity if you want to cover your medical expenses while travelling outside Canada.
Coverage for pre-existing medical health conditions.
Coverage for loss of baggage, important documents like a boarding pass, passport etc., or any other stuff.
Insurance coverage against loss of life.
Now day’s coverage is also provided for COVID 19 i.e. if you get infected with COVID 19 while travelling.
Trip Cancellation or Delayed Charges: It also covers any extra expenses if a trip is cancelled or delayed.
Making any last-minute variations in a trip because of some personal reason is possible.
The mortal remains of the insured person will be sent to his/her family in case of death while travelling.

Coverage Options Available:

Extent of coverage and cost of the plan are directly related. Time of coverage is mostly for a year or up to 15 months.

There are different plans available with different coverage and they are:

Basic coverage you get under a travel insurance plan is for medical emergencies and coverage is up to $50,000,00. Medical coverage will include hospitalization, emergency evacuation by air if needed, emergency dental procedure up to a specific amount, tests for diagnosis and prescribed medicines.
There is a plan that can cover pre-existing medical conditions and even if you take regular medication for the same. Coverage will depend upon the severity of your health condition, your age and the duration of travel.
There is a non-medical coverage package that specifically covers loss or theft of baggage, any type of rescheduling or trip cancellation and death or severe injury because of an accident while travelling.
COVID-19 emergency has recently been added to the plan that covers infection just before journey or while travelling.
Additional coverage can be bought for adventures activities, rented vehicles or baggage related emergencies.

Some of the Checkpoints While Purchasing Travel Insurance

Check the coverage amount.
Read all the policies and documents carefully.
Check whether the insurance company provides coverage in the country where are you travelling?
To check whether the company provides upfront payment of medical expenses or not.
Your pre-existing medical health conditions are covered or not.
Your travel insurance plan can be extended or not if you stay longer.
Time period of your travel insurance plan.
Check and compare rates of the similar plans from a different provider.
Above 60 you have to fill a small health related questionnaire only for calculating insurance premium.
Questionnaire will not have any role if your application gets rejected.

If you are planning a trip in near future, be it within Canada or a different country, Contact Us for customized and affordable travel insurance plans.