What is travel insurance?
The idea of travel insurance is to offer people with a degree of protection when they are travelling away from home, whether internationally or domestically. Travel insurance can entail a number of different kinds of protection against a wide variety of losses that may be incurred while travelling. Get Travel Insurance Quotes to go abroad or visit Canada today!
What are the different kinds of protection that travel insurance can offer?
The term travel insurance entails various different things, depending on how it is used. Most generally, there are two different broad types of travel insurance. The first kind of travel insurance secures people protects people from the cost of trip cancellations and trip interruptions, while the second kind of travel insurance protects people from the cost of emergency healthcare.
In many jurisdictions, airlines have no obligation to provide compensation for flights delayed due to bad weather. In such a case, your travel budget could be wiped out paying for expensive airport hotel accommodation. The former kind of travel insurance helps people pay for any unexpected travel expenses that result as a result of a flight getting cancelled or delayed.
Travel insurance also ensures compensation for lost baggage as well, and is generally used when people are travelling with valuables. Airlines provide limited compensation for lost bags, and compensation is generally tied to the number of pieces of luggage you were travelling with and their weight as opposed to their actual value. If you are travelling with anything that is particularly valuable, you would be wise to pick a travel insurance policy that covers lost belongings.
Another kind of travel insurance acts as a life insurance while one is travelling. It normally provides a death benefit that is sufficient to transport your body to your permanent residence. It is important that travel life insurance not be misconstrued as a full-time life insurance. It is rather just to provide immediate relief in case of a death abroad.
Arguably the most important travel insurance secures people financially in case they require emergency healthcare. The travel insurance quotes for this kind of coverage is generally the highest. Many domestic health insurance plans do not offer coverage for hospital bills that are incurred in another country or province. Travel health insurance generally covers all emergency medical treatment that is required while one is travelling.
What do travel insurance quotes depend on?
It is impossible to give an overarching answer to how much travel insurance quotes generally are, but there are certain things that help determine what you should expect to pay. Travel insurance quotes depend entirely on the kind of travel insurance you are getting, and the extent of protection it offers.
If you are seeking health insurance and life insurance while travelling, your quotes depend on your medical history. That is why you may be required to get a medical test or to produce your health records to the insurance company. Insurance companies also take into account the cost of health care of the country you are visiting when they are determining your health insurance rates.
Another factor that normally determines what travel insurance quotes you will get is where you plan to travel. Many insurance policies do not cover terrorism or war related losses, but those that do generally charge higher rates from policyholders if they are travelling to war zones or terrorism-inflicted regions.
Super Visa insurance quotes in particular depend quite significantly on your health record. Since people travelling to Canada on this visa require medical insurance, Super Visa insurance quotes are generally quite competitive. Most Super Visa insurance providers offer refunds in case you are denied your Super Visa.
Who requires travel insurance to visit Canada?
Several countries the world over have placed requirements that tourists visiting their countries must have valid travel insurance to be able to enter the country. They have done this in light of tourists coming to their country and not being able to pay their hospital bills in case they get into emergencies. Even though Canada does not have a blanket requirement for everyone coming to Canada to have travel insurance, it does require certain types of visitors to be insured before they are allowed to enter the country.
If you are visiting Canada on a Super Visa, you are required to get Super Visa insurance of at least $100,000 with a minimum duration of one year before you apply for your visa. A Super Visa allows parents and grandparents of permanent residents and citizens of Canada to visit the country for up to two years. Visas are not granted without proof of insurance so it is important that you find out what Super Visa insurance quotes are and purchase it before applying.
What are the advantages of getting travel insurance?
Travel insurance quotes should never be a deterrence for those looking to purchase travel insurance. There are numerous advantages of obtaining travel insurance that are often overlooked, especially by frequent travellers who are not looking to avoid an extra expense that they feel is not necessary.
There is a common misconception that healthcare in Canada is free of cost for everyone. Tourists without insurance, however, can be charged even for emergency medical care in Canada. It is for this reason that it is absolutely imperative that you get health insurance before you even consider travelling to Canada.
The last thing you would want is to be stuck with hefty hospital bills because of a medical emergency in Canada, even though you’ve been paying for health insurance where you live for years. Emergency health care is not free of cost for tourists in most countries including Canada, and in many countries, hospital bills can run very high without insurance. There is always a risk associated with travelling and it just makes sense to have yourself protected from it.
Another advantage of health insurance is that travel insurance quotes for most kinds of insurance are fairly low. You don’t need to worry about your vacation budget taking a big hit in exchange for insurance. Of course, travel insurance quotes depend heavily on what kind of coverage you seek, but it’s a small price to pay considering just how possible it is to be stuck at an airport in transit with no accommodation, or in an ambulance with no extra cash to pay the bill.