3 Ways to Find the Right Travel Insurance Policy
Are you hoping to leave the cold Canadian winter behind and travel somewhere sunny and warm? Or making an X on the calendar everyday leading up to your spring trip to Paris? Whatever your dream destination, you will need to purchase travel insurance to ensure that you are covered in case of an emergency. Here are three ways to find the right travel insurance policy.
Make a List of Needs
The first thing you have to do when looking for travel insurance is make a list of what you’d like covered. This can be as simple as “medical travel insurance” or as complex as you need it to be. If having coverage that includes the cost of returning your body to Canada if the worst should happen is important to you, put it on the list. If you’re worried that your luggage will be lost and you want to be sure that you’re covered for the cost of replacing its contents, jot it down.
If you have a pre-existing medical condition, you’ll have a more difficult time finding a provider that will cover you. In that case, you’ll have to make the starting point of your list companies that cover your condition.
This list will help you when it comes time to actually shop for travel insurance. Without a guide to remind you which coverage is important, you could forget something small and end up paying for it down the road.
Find a Broker or Provider
Next, you’ll need to contact someone who can sell you insurance. Many travel agencies will offer travel insurance when you book your vacation. Although this is the most convenient way to purchase travel insurance – simply adding a policy to your cart – it might not be the right insurance product for your needs or be offered at an affordable price.
Instead, you should contact an insurance provider or broker, either online, by phone or in person. This way you can customize the coverage and get in touch with someone if you have questions.
Unfortunately, not all insurance policies are created equal. Brokers are affiliated with certain insurance companies, so they can only offer so many types of policies, while individual companies might offer the same policy at different prices. The quickest way to compare costs is to get a travel insurance quote.