5 misconceptions about travel insurance you should know

In this post, we’re going to look at some of the most common misconceptions about travel insurance. Travel insurance is a very important aspect of trip planning, and it can save you a lot of hassle should anything go wrong while you’re abroad.

1. You don’t need it for a short trip

Going on a short trip doesn't mean you should just forgo travel insurance. Even a trip lasting one day can benefit from travel insurance coverage. On a short trip, you could encounter flight delays, baggage misplacement, medical emergencies, or small issues that require trip extension. Insuring yourself for a short trip will be more affordable than you think.

2. You don’t need travel insurance between provinces in Canada

So, you know how Canada has nationwide healthcare? The way it works is based on your home province.

If you’re travelling outside of your home province and encounter a medical issue where you must seek treatment, there is a certain cap on how much your home province will cover for your hospital stay.

For example, while essential medical treatment may be covered by your own province, you will still be billed for an ambulance or hospital transfer, diagnostic services and assistive devices needed out-of-province. In Quebec, a province that did not sign the ‘interprovincial billing agreement’, you will likely be charged upfront for any medical services received.

3. All travel insurance is the same

In fact, all travel insurance is different! First, there are varying degrees of travel insurance; from universal to coverage-specific. You may choose to have only baggage coverage or medical emergency coverage, or you may wish to have an all-inclusive style of travel insurance coverage.

Secondly, each insurance provider is different as well. Some have mobile apps --at PrimeLink we have TravelAid™-- where you can begin your claims process remotely online, while other providers cater to certain demographics that may encounter coverage obstacles or disqualifiers.

4. I can’t get travel insurance with a pre existing condition

Though pre-existing conditions do make it a bit more tricky to get travel insurance, not every insurance company will deny you coverage. Some providers can offer affordable options that will exclude any claims you make relating to your pre-existing coverage, but will cover you in case, for example, you break your arm.

At PrimeLink, there is the TravelSense plan which was specifically created for travellers with pre-existing conditions. This unconventional plan covers all disclosed pre-existing conditions, worry-free.

5. Travel insurance is expensive

Travel insurance doesn’t have to be expensive, especially if you’re under 60 and in relatively healthy condition.

If you travel enough to justify it, purchasing an annual plan will be cheaper than taking out a single plan each time you decide to travel.

Next, take stock of the coverage you actually need. Worried about baggage loss on a connecting flight? Or are you worried about an injury on your ski trip? You can choose niche insurance coverage so you can make sure you’re covered for what you need the most.