After experiencing several lockdowns and spending months at home, many Canadians are itching to travel again, looking for the perfect vacation to take with their families. If you’re planning on travelling soon, deciding on a destination, booking travel arrangements and researching excursions will likely be high on your to-do list — but what about travel insurance? Travel insurance is a great way to ensure that your family is prepared for any blunders that may occur during your first vacation in a while: here are some examples of when having travel insurance can really help.
Emergency Change of Plans: Whether it’s a death in the family or a change in your work schedule, travel insurance can help by reimbursing you for a trip cancellation so you’re not out-of-pocket for a vacation you didn’t even take.
Missed Flight: If you miss your flight, the airline cancels your flight or the first part of your trip is delayed causing a missed connection, travel insurance can help cover the cost of rebooking.
Illness or Injury: Any type of medical attention in a foreign country can be expensive. Without travel insurance, you’ll likely be looking at steep bills for even minor healthcare. Travel insurance can and will help you cover the costs of medical bills while out of the country.
Protection Against Covid-19: Investing in an insurance policy that covers Covid-19 illness and damages is necessary in today’s world for a safe and healthy trip. With a Covid-19 rider, you’re ensuring that you’re still able to travel for non-essential business, and you’re covered for up to $5,000,000 in the event of a medical emergency resulting from a positive diagnosis caused by travel.
Lost Baggage: You could possibly wait weeks for the airline to track down your lost luggage or reimburse you for belongings. The right travel insurance will help you by providing you with money right away so you can enjoy your vacation with everything you need.
Misplaced or Stolen Passport: You need a passport to board an international flight back to Canada, and if yours has been lost or stolen, you could be stranded. Travel insurance can help with the cost of an extended hotel stay or even the cost of a rush replacement on a new passport.
While you’re planning your summer vacation, make sure you have the right travel insurance for your needs. It’s better to have it and not use it than find yourself in a situation where you regret not having it.
Hudson’s Bay Financial Services has teamed up with Tour+Med to help you save money. We know that Canadians are rushing to finally have a vacation as Covid restrictions are lifted, and we’re here to make sure that you have everything you need to be safe, happy, and carefree on your next trip!
Looking forward to your next trip? Make sure you’re prepared with HBFS and Tour+Med!
Click here for a personalized quote for your next trip’s travel insurance!
Tour+Med is a travel insurance product underwritten by LS-Travel, insurance company and offered by Hudson’s Bay Financial Services. Tour+Med has provided medical and non-medical travel insurance to Canadian residents since 1996.
Insured clients must meet eligibility conditions, which vary based on age and protection. Exclusions and limitations could apply: see the policy for details.