airport-travel

May 15, 2024

Navigating Your Travel Insurance Options

Travelling introduces us to new experiences and brings excitement, but it also comes with inherent risks. Whether you’re venturing across the globe or exploring closer to home, having the right travel insurance is essential for peace of mind. Here’s a straightforward guide to understanding travel insurance and finding the right coverage for your journey.

What can be covered in my travel insurance?

  • Emergency Medical Coverage: Up to $10 million for medical emergencies, including hospital stays, medication, and other unforeseen medical needs.
  • Trip Cancellation and Interruption: Reimburses pre-paid, non-refundable expenses if your trip is cancelled or interrupted due to covered reasons.
  • Baggage Coverage: Compensates for lost, stolen, or damaged luggage.
  • Rental Car Coverage: Covers damage to a rental vehicle.
  • All Inclusive Packages: Often combining several types of coverage for convenience.
  • Visitors to Canada: Specialized coverage for visitors travelling to Canada.
  • Accidental Death & Dismemberment (AD&D): Provides benefits if you suffer a serious injury or death while travelling.
  • Sports Coverage: Additional protection for activities like skiing or scuba diving.
  • Unstable Pre-existing Condition Rider: Coverage for pre-existing medical conditions that may not be stable.
  • Cancel for Any Reason: Offers flexibility to cancel your trip for reasons not covered under standard cancellation policies.
  • Emergency Air Evacuation: Covers costs for air ambulance and related medical evacuation services.

Coverage for Emergencies and Cancellations

If you opt into the appropriate coverages, your travel insurance can cover medical emergencies abroad and trip cancellations and interruptions. Some exclusions apply be sure to discuss any concerns with your broker.

How is the Cost of Travel Insurance Determined?

Several factors affect the cost such as age of the travellers, number of insured, health conditions, and destination.

Choosing the Right Policy

To determine the best policy, review your options with an insurance broker, understand your medical history, and decide whether you need coverage for single or multiple yearly trips.

Additional Tips for Travelers

  • TUGO Wallet App: Download this app to keep your wallet card accessible on your phone.
  • MYFLYT: Register your flights; if delayed by more than two hours, you’ll receive $40.00. Please note this is only if you purchase trip interruption.
  • my.tugo.com: Access your policy information easily online.
  • Emergency Call Button: Available through the TUGO Wallet App for immediate assistance.
  • Policy Information: Once your policy is bound, TUGO will send an email with full wording and instructions.

Understanding and choosing the right travel insurance involves assessing your specific needs and risks. By simplifying the complexities of what each plan offers and utilizing available resources, you can travel more confidently, knowing you’re well-protected.

To learn more about travel coverage, fill out the form below or call 1-866-674-2816 ext. 805, and one of our trusted brokers will contact you.

  • This field is for validation purposes and should be left unchanged.