Overseas travel can be a life-changing and unforgettable experience. However, without proper travel insurance, a dream holiday can quickly become a financial and emotional nightmare. The Canadian government, including the Department of Foreign Affairs and Trade, strongly recommends all Canadians purchase travel insurance before leaving the country—and for good reason.

The Real Cost of Not Having Insurance

Medical emergencies can happen anytime, anywhere. A simple hospital stay in Southeast Asia can cost up to $800 per day, while a medical evacuation from the United States could range from $75,000 to $95,000. Travellers without insurance are personally responsible for these costs—and many families have been forced to dip into retirement savings or even sell their homes just to bring loved ones back to Ontario.

What Does Travel Insurance Cover?

A Travel & Visitor Insurance Plan helps protect you from unexpected emergencies while abroad. Coverage typically includes:

• Emergency medical treatment

• Hospitalization and surgery

• Emergency evacuation and repatriation

• Trip interruption or cancellation

• Lost baggage or travel documents

• Accidental death or dismemberment

Some countries even require proof of travel insurance before issuing a travel visa.

Mandatory for Some Countries, Essential for All

While some destinations make travel insurance mandatory, others leave the choice up to the traveler. Regardless of the destination, it’s always a wise decision to protect yourself from unforeseen medical and financial hardships—especially with higher healthcare costs in developed nations.

Choosing the Right Travel Insurance

Not all insurance plans are created equal. A good travel medical insurance plan will either:

• Reimburse the cost of treatment at the nearest qualified medical facility, or

• Allow you to choose your preferred hospital for care

Coverage may be partial or full, depending on the plan you select.

How to Buy Travel Insurance

When selecting a policy:

• Compare benefits, coverage limits, and pricing

• Request a full list of inclusions and exclusions

• Choose a trusted broker who can tailor a policy to your travel needs

Protect Yourself and Your Loved Ones

Travel insurance isn’t just a precaution—it’s peace of mind. Whether you’re traveling for vacation, business, or visiting family, having the right insurance coverage ensures you’re prepared for the unexpected.