Snowbird Travel Insurance: Covering the Travel Needs of Canadian Travelers

Canada is one of the world’s countries that have made major steps in insurance with provision of insurance services covering various aspects of the human life and his/her belongings. All ages have been covered in their insurance plans. People all over the world are travelling either on official duties or on vacations. If you thought only the working class has been protected during their trips, then you are quite wrong. The old as well as retirees have a reason to smile and enjoy travelling following the introduction of an insurance policy known as snowbird travel insurance. A large percentage of Canadians known by the name “Snowbirds” are making trips from the country more so during the winter season in Canada. More often than not, the trips range between three and six months involving retirees who desire warm weather.

The policy “Snowbird travel insurance” was derived from the name used in reference to this group of Canadians-the Snowbirds. The insurance covers retiree, senior as well as group medical policies. This a product of the partnership between Insurance Direct Canada-I.D.C and Group Medical Services-GMS which are offering an exceptional travel insurance policy specifically to serve the travelling needs of Snowbirds. The Snowbird travel insurance has won praise among Snowbirds who have been ignored for a long time as far as insurance plans are concerned. Canadian retirees have for a long time gone through tribulations and unnecessary anxieties because no insurance policy was catering for their travel needs. As a Snowbird, you now have the opportunity to enjoy the fruits of your labor by travelling to your dream destination without being anxious.

However, GMS isn’t the sole company offering Snowbird travel insurance to insurance buyers wishing to undertake this kind of cover. IDC only acts as a broker representing other insurance firms. Snowbird travel insurance is offered at affordable rates and hence people in different economic levels qualify to undertake the policy.

Regardless of whether Canadian Snowbirds are travelling within or out of the country, they are provided with emergency medical cover. There are also travel insurance policies for Canadian visitors.

No one wishes to go through tribulations while travelling and always hopes to have an exclusive travel experience, but things do not happen as per our expectations. Many times people have travelled across borders without necessarily having travel insurance. However, this was as result of luck and not custom or principle. Snowbirds are subject to regular illness which might strike unannounced and hence need to undertake Snowbird travel insurance cover. When such emergencies occur in the absence of this kind of cover, it is hard for Snowbirds to solve such problems keeping in mind that most of them lack a steady income. This is very beneficial at such times. This policy covers all medical bills saving Snowbirds the agony of indebtedness.

Snowbirds not covered under this policy have ended up spending dearly from their own pockets; expenses they could have avoided had they taken cover earlier. Nevertheless, it is never late and one can always make a step and purchase the policy.

What is the Difference Between Travel Insurance and Trip Insurance?

Many times I have had clients ask me, when should I purchase Trip or Travel Medical Insurance. What’s the difference?

There are, of course, major differences that is why they are normally purchased for different reasons. Understand that the Benefit descriptions here are really short so be sure and read the full Benefit information of any plan before you decide that it’s the one for you.

Trip Cancellation: When your trip is cancelled due to reasons out of your control.

  • Trip Insurance: Payment is based on the cost of your trip, typically up to $20,000
  • Travel Insurance: No Benefit

Trip Interruption: When your trip is cancelled due to reasons out of your control.

  • Trip Insurance: Payment is based on the cost of your trip – usually the amount of your trip
  • Travel Insurance: Pays to return you to your area of principle residence up to some amount, typically $5,000

Travel Delay: Lost or stolen passport travel documents, or money medical quarantine natural disaster your injury or illness or that of your travel companion

  • Trip Insurance: Up to $500 per insured person
  • Travel Insurance: No Benefit

Baggage and Personal Possessions: Damage to, loss of, or theft of your checked or stored baggage by a common carrier

  • Trip Insurance: Also while stored with your hotel. Typically will pay up to $1,000 per person
  • Travel Insurance: Usually pays much less per person maximum

Baggage Delay

  • Trip Insurance: Will pay some amount typically up to $100
  • Travel Insurance: No Benefit

Emergency Medical/Dental Expenses

  • Trip Insurance: Up to some specified amount usually something like $10,000
  • Travel Insurance: Up to policy maximum

Emergency Medical Evacuation/Repatriation: Reasonable expenses for evacuation to the nearest adequate medical facility

  • Trip Insurance: Typically up to $20,000
  • Travel Insurance: Up to a much higher amount than trip insurance, something like $500,000

Emergency Reunion or Return of Mortal Remains: Will pay for return of dependent child or grandchildren, transportation and lodging for a family member to be at your bedside

  • Trip Ins.: Typically will pay up to $3,000
  • Travel Ins.: Will pay typically up to $50,000, much higher than trip insurance

Common Carrier AD&D

  • Trip Insurance: Up to some specified amount typically $100,000 per person
  • Travel Insurance: Up to some specified amount typically $50,000 per person with a maximum of $250,000 per family

What does all of this really mean? Well, it looks like the Insurance specifically designed to protect your Trip investment (airline tickets, cruise tickets, hotel costs, etc) is better than Travel Medical Insurance which doesn’t cover any of this.

If you are concerned about your $5,000 investment in your vacation this summer you can purchase Trip protection for approx 4%(based on age of 0-49) of the cost. That’s $200 to protect our investment, not a bad deal.

At the same time if your trip is delayed you have some protection against that too. Really handy for things like Iceland volcanos, earthquakes, airline worker strikes or sudden outbreaks of terror activities in the country you had planned on visiting. For these 3 possibilities, trip cancellation and trip delay protection is well worth the money.

However, remember that Trip Insurance, like all insurance, must be purchased prior to something happening, so it’s best to get it quickly after paying for you trip.

Looking For Senior Travel Insurance – Here’s What You Need to Know

More and more seniors have become more than ever big on traveling which is why there are many insurance companies looking to selling seniors over 70 travel insurance. If you are an over seventy years of age senior and this is what you’re exactly looking for then read on and find out the things that you need to know before you sign the dotted line.

If you’re traveling within the United States territory with certain medical conditions and plan on staying there say longer than a week consider a medical over 70 travel insurance. If you already have health insurance it wouldn’t hurt to check first the full extent of coverage i.e. whether you can make health insurance claims while traveling before you apply for insurance for traveling as there is no sense to spend for something you may not use at all.

If the travel plan is to go beyond United States borders and stay there longer than 5 days then check your health insurance because many of these companies have little to no coverage at all outside United States territory. With medical insurance for your travels you will be asked to declare all pre-existing medical conditions in your application forms so please don’t skip out some just because it’s being controlled by medications.

It’s more practical and cheaper for an over 70 year old frequent flier to get insured for multi-trip travels (also called annual travel insurance). This saves you from paperwork and from supplying your personal information again and again.

Not all insurance companies offer the same things in their over 70 travel insurance category. So assess your needs are first (i.e. get insured for loss of car rental, accidental death and disability, and stolen personal effects among other things), the length of your stay, and the sorts of things you are likely to do while having your vacation.

Before signing the dotted line, make sure that you have understood the terms and conditions of your policy, what you are and are not covered for, and how to contact your insurer in case the need arises. This is critical to the success (or failure) of your insurance claims if you ever need to.

Fact is over 70 travel insurance is more expensive because insurance companies expect more claims from this age group not really because of your age but because of your health condition. For this reason it is a must that you visit a variety of insurers and ask for the range of options best suited for your needs and don’t forget to check on the age limit as some don’t cover seniors beyond 70.

For the technically inclined senior, you don’t have to physically hop from one insurer to the next for your over 70 travel insurance quotes. All you have to do is surf the Internet for top insurance companies as most of these offer free quotes online. This makes your comparison easier but if you ever need a walk through go ahead pick up the phone and make that call.