Why you might still need travel insurance when you’re just hopping to the next province

Date: August 5, 2016 Author: ocsco@ocsco.ca Categories: OCSCO News
Back

Why you might still need travel insurance when you’re just hopping to the next province
Excerpt from Financialpost by Garry Marr 

Horror stories about hospital stays outside of the country — especially in the United States — resulting in medical bills in the hundreds of thousands of dollars should drive any Canadian to purchase some type of travel insurance that includes medical coverage for travel abroad. But what if your travels are taking you to another part of the country, instead of out of it?

Travel within Canada is on the rise because of the low loonie and that situation is likely not going to change as we head into the winter months. An expedia.ca survey in the spring found that 48 per cent of Canadians will visit some province other than their own this summer.

Here’s the truth about the need for travel insurance if you’re not leaving Canada: It’s worthwhile to have, but maybe not a catastrophic financial event if you get sick and even hospitalized out of province without it.

Click here for more information:

http://business.financialpost.com/personal-finance/young-money/why-you-might-still-need-travel-insurance-when-youre-just-hopping-to-the-next-province