LIVING BENEFITS
Travel insurance
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Emergency medical coverage outside your home province, for Canadians going abroad and for visitors coming here. A provincial plan pays little or nothing beyond the border, and a hospital abroad bills the patient directly.
What decides a travel claim
- Single trip and multi trip cover different shapes of travelA single trip policy runs from one departure to one return. A multi trip policy covers repeated departures across a year, with a cap on how long any one trip can last.
- Stability before departure is the test for a known conditionA condition already diagnosed is measured against a stability period written into the contract: no change in treatment, medication or symptoms for a set number of months before you leave. A change inside that window can move the condition outside the coverage.
- Emergency is defined in the contract, and cancellation sits apartThe medical side pays for care that is sudden and unexpected, not for treatment arranged before departure. Trip cancellation and interruption is a separate coverage with its own list of reasons that set it going.
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What it is, how it works in Canada, what it costs, what it risks, how long it takes and who it does not suit.
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Important disclosures
This page is education, not advice. The content is general information prepared by Canadian Wealth Creation Centre Inc. It does not take your circumstances into account and is not a recommendation to buy, hold or cancel any contract. CWCC is not registered with CIRO and does not provide securities advice. The firm places insurance in Quebec, Ontario, Alberta, British Columbia, Manitoba and New Brunswick; clients elsewhere are served by advisors licensed in their province.
Nothing here was written with your file in front of us. Read it to understand the subject, then judge it against your own situation, ideally with someone who is licensed where you live and who has seen your numbers.