Travel Insurance
Travel insurance is insurance that is intended to cover medical expenses, financial default of travel suppliers, and other losses incurred while traveling, either within one’s own country, or internationally.
Temporary travel insurance can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a “multi-trip” policy can cover an unlimited number of trips within a set time frame. Coverage varies, and can be purchased to include higher risk items such as “winter sports”.
Usually, the insurers cover pregnancy related expenses, if the travel occurs within the first trimester. After that, insurance coverage varies from insurer to insurer.
Travel insurance can also provide helpful services, often 24 hours a day, 7 days a week that can include concierge services and emergency travel assistance.
Temporary travel insurance can usually be arranged at the time of the booking of a trip to cover exactly the duration of that trip, or a “multi-trip” policy can cover an unlimited number of trips within a set time frame. Coverage varies, and can be purchased to include higher risk items such as “winter sports”.
Usually, the insurers cover pregnancy related expenses, if the travel occurs within the first trimester. After that, insurance coverage varies from insurer to insurer.
Travel insurance can also provide helpful services, often 24 hours a day, 7 days a week that can include concierge services and emergency travel assistance.
Coverage Types
Optional Coverage
Some travel policies will also provide cover for additional costs, although these vary widely between providers.
In addition, often separate insurance can be purchased for specific costs such as…
Pre-existing conditions (e.g. asthma, diabetes)
Sports with an element of risk (e.g. skiing, scuba diving)
Travel to high risk countries (e.g. due to war, natural disasters or acts of terrorism)
Additional AD&D coverage
In addition, often separate insurance can be purchased for specific costs such as…
Investment & Insurance Services
Term Life Insurance
Term Life Insurance is the simplest and most affordable type of Life Insurance. It provides protection for a predetermined term, usually 10 or 20 years. Your Insurance coverage never decreases, and the premiums are guaranteed for the length of the Term Life Insurance.
Whole Life Insurance
Whole Life Insurance is a permanent insurance that provides coverage for lifetime. You can pay this plan off in 10-15-20 years or by age 65, and plan runs for ever. It has a guaranteed cash surrender value. You can withdraw or borrow against this CSV to meet your financial needs.
Critical Illness Insurance
Critical Illness policies are designed to provide a tax-free lump sum money to help an insured in meeting his financial obligations and adapting to his changed circumstances caused by a life-threatening critical illness. You can opt for return of premium on expiry if claim has not been made.
Popular critical illnesses are: Heart attack, Cancer, By-pass surgery and Stroke.
Super Visa Insurance
The Super Visa allows parents and grandparents to visit and spend time with their children and/or grandchildren living in Canada. They can visit multiple times, each stay cannot last more than 24 months.