Summer means holidays and, often, holidays involve a travelling journey. Whether it is short or long term, to another province or outside the country, it is important to contact your insurance broker when you travel. He or she can provide you with information on the risks and recommended coverage.
Short-term Travel: Do I Need Travel Insurance?
Many people ask themselves this question when they leave home for a period of less than 3 days. It is absolutely necessary to be covered by travel insurance when you leave the province- it will save you from having to pay large sums in the event of injury, theft of property or loss (for example, a lost passport). Usually, group workplace insurance as well as credit card insurance covers short-term travel. However, before your trip, find out exactly how many days the aforementioned cover.
What about the Car?
When it comes to travels that are not all-inclusive, car rental options are often considered. When it comes to selecting your car, there are three options available to you for protection. First, you can simply increase the amount of liability investment in your car insurance. Secondly, it is possible to be protected with your credit company if you finalize the reservation with this payment method. Finally, it is possible to obtain insurance with the rental company. However, this option is often more expensive as it is calculated based on the age of the driver, the location and the vehicle model. Depending on the country in which you rent your car, insurance needs may vary, so don’t hesitate to ask your insurer to be prepared for any eventuality.
What Can Quickly Turn Into a Nightmare
Outside the country and especially in the United States, if you are in need of quick health care or even any kind of (small or large) operation, bills accumulate very quickly and at staggering amounts. If you have to cancel your trip due to health issues or simply because you have lost your luggage, you may also need the help of your insurance company- make sure you are registered for an emergency health care clause, trip cancellation and lost luggage.
Finally, if you travel frequently, whether for work or for leisure, it is possible to take out an annual travel insurance policy that will certainly be more adapted to your needs. It will cover the entirety of your travels outside the country in the same year.
When the time comes to plan your trip, plan to communicate with your insurance broker as well. To learn more about our coverage and to obtain a unique service for all of your travels, contact us!