Travel Insurance

In today's busy world it is easy to have bad luck. Sickness during traveling, luggage stolen or damaged, or an accident will most likely upset vacation plans. The majority of governmental insurance plans (eg. the OHIP in Ontario) cover only part of the medical care and foreign hospital expenses, making you responsible for paying the remaining costs.

Insurance contracts, let us call them travel insurance, are signed with insurance companies by physical or legal persons. Such contracts may refer to:

- accidents. Today insurance funds offer a range of plans in this area. More and more people understand that disability, lasting loss of health due to an accident bring about pain and suffering, often also loss of earnings. This type of insurance allows, to a considerable degree, depending on the amount of benefits, to receive financial compensation

- Civil Liability (for damages to property and persons, to a third party while traveling).

- Rescue (especially in the mountains, both while hiking and skiing).

- Medical Treatment cost of medical treatment abroad is very high and it can range from several to dozens of thousands dollars). A foreign trip then without such insurance constitutes a risk of losing your possessions or running into long term debts).

- Transportation and Repatriation (transportation from the place of accident to the nearest health service outlet and, in case of death or sudden illness, bearing the costs by the insurance company for transportation of the remains to Canada etc.)

- Baggage Insurance (against theft, robbery, accident or disaster of the means of transportation etc.)

- Trip Cancellation Insurance due to such events as, e.g.. sudden illness, accident, or theft which require legal action

This is a very general list of the range of insurance meeting the needs of a peaceful and comfortable organization of yours vacations and that of your relatives..

All types of insurance have INSURANCE CONDITIONS, which everyone should obtain upon signing of a contract and have enough time to get acquainted with. All of these conditions describe in detail the coverage applicable and the exclusions which you must know. They precisely indicate which situations are not covered by the insurer.

Depending on the coverage, the selection of the combinations influences the premium. Sometimes it is advisable to choose two different insurance companies to invest in which will make the insurance complete. The insurance rate is as applicable on the day of signing the contract. In some situations rebates are applicable, depending on, eg. the number of persons insured.

To sum up, we would like to add that nowadays you can choose the insurance coverage you need. There are new offers every now and again.

How to move about in all of this? Our qualified agent, trained in travel insurance can help you and suggest with the best, most comprehensive options in travelers' insurance.