What is travel medical insurance?
Travel Medical Insurance covers emergency medical care expenses if you are suddenly and unexpectedly sick or if you have an accident while outside your home province. Your provincial health plan only covers a fraction of any health care expenses incurred outside of Canada and it limits coverage when you are travelling to another province. Should you get sick or injured during your trip, Travel Medical Insurance will cover all or most of your medical expenses up to a pre-determined limit. This coverage will protect you against the high cost of health care, and potentially save you from financial ruin should you unexpectedly need health care outside your home province.
How does Travel Medical Insurance work?
Here’s an example of how Travel Medical Insurance works:
During his annual winter vacation in Florida, Mark falls one day and severely injures his head. He has to be admitted to hospital for several days, examined by a specialist, and undergo a battery of tests including a magnetic resonance imaging (MRI) scan.
Without Travel Medical Insurance, Mark would have to make arrangements with the Florida hospital to pay his bill for more than US$20,000. But because Mark purchased Travel Medical Insurance before he left Canada and his injury was a medical emergency covered under the policy, his insurance provider pays all of his hospitalization and treatment expenses directly to the U.S. hospital.