Saturday, October 26, 2019

Travel Insurance

It's Travel Season again.  Are you travelling outside of Ontario?  The Ontario government will no longer be covering any out of country medical emergency expenses (as of January 1, 2020) and does not cover all expenses in other provinces.  

Many group plans include Out of Province Medical Emergency coverage as do some credit cards.  However, some of these coverages may be for a limited time, require that you purchase the tickets with the card, or no longer be valid after age 65.  If you are depending on this type of coverage, check your policy booklets.

It’s up to you to ensure that any travel insurance you have includes coverage for pre-existing medications and pre-existing medical conditions. Most insurance policies consider a change in medication (that’s decreases as well as increases) to be a change in the condition.  Most policies require that you are stable for at least 90 days (and the length of time can be longer at older ages) and that your doctor said that it was okay for you to travel.

If you plan to leave the country more than twice in a year, check to see if an annual (or multi-trip) plan makes more sense.  FYI – These plans cover you for an unlimited number of trips, based on the number of days you purchase, as long as you spend at least one night in Ontario between trips.
There are also plans that will cover all your medical conditions, even those that are not stable.

Give me a call or drop me an email and we can discuss your specific requirements.

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