Ms. M was a university student invited to participate in an archaeological dig in South America. It sounded like the trip of a lifetime. She wasn’t sure if she needed insurance, after all she was young and healthy, but the trip organizers recommended that the students all purchase travel insurance. Ms. M arranged hers through CanAM.
It’s fortunate that she did! During the trip Ms. M became ill and needed to be re-routed to the U.S. When she was admitted to a hospital in Florida she was diagnosed with severe pulmonary histoplasmosis, a serious form of infection.
Ms. M spent 11 days in a hospital in Florida before she was able to return to Canada. Her travel insurance policy provided coverage for the following expenses:
- U.S hospital bill – $197,285
- Air Ambulance service bill – $21,500
Mr. C and his wife were enjoying their retirement. Like many Canadians, they escaped winter for a few weeks each January and headed down to Florida.
One night they visited their favourite restaurant. As they waited for their table they sat in the bar and Mr. C enjoyed one glass of wine. Suddenly Mr. C lost his balance and fell off the bar stool injuring himself.
After arriving at the hospital and having tests, it was determined Mr. C had fractured his back in several places. Mr. C wanted to return to Canada but the doctors advised against it warning that he would risk paralysis. As a result he decided to have the surgery in Florida before being repatriated back to Canada by Air Ambulance.
Mr. C’s travel insurance policy with CanAM covered the following expenses:
- U.S hospital bill – $272,738
- Air Ambulance service bill – $21,140
Miss R was enjoying her vacation in the Dominican Republic when she fell at breakfast one morning. The hotel helped her get to a nearby hospital and fortunately no fractures were shown on the X-rays that were done. Miss R was so relieved she hadn’t broken anything. Now in her sixties she didn’t recover like she used to. Miss R was still in quite a bit of pain though and decided to stay at the hospital for one night.
Miss R was glad that she had purchased a travel insurance policy. At only $7.56 per day, it was a fortunate decision because the tests and one night stay in hospital came at a significant expense. She would have had trouble financing the bill herself.
Dominican Republic hospital bill – $14,700
*while some fictitious details have been added to these case studies to keep the details about the client private, these are actual claims experienced by CanAm clients and the expense figures are accurate of the claim experienced by these clients.
Call Advocate today for a Travel Insurance quote, or use the link below for an online quote.
What is a deductible and how does it impact my premium?
In the event of a claim, your deductible is the amount that you pay before your insurance company steps in to pay the remaining costs (subject to the policy coverage and limits). Some people prefer a low deductible while some are comfortable being responsible for a higher deductible, knowing that this may lower their premium slightly. We can provide options to you so you can select what works best for you.
I’ve moved. How do I update my address information?
You can call us at 1-888-278-7584, or submit a contact form here. Depending on the type of policy you have, we may need to ask you additional questions. For example, if you’ve moved we may need to change details on your auto policy (i.e. commuting distances) or update your property policy to reflect the details of your new home. Please remember to keep us up to date on any changes that impact your insurance policy.
How do I know what coverage I need?
There are lots of things to consider. One of the benefits of working with a licensed broker is that they’ll review your needs and walk you through your coverage options. A broker, unlike an agent or direct writer, works with multiple insurance companies so they can shop the market and present options for you.
Do I really need an umbrella policy?
Consider for a moment whether it is possible that you could ever be sued. Do you drive a car? Do you have children? Do you have a dog? Do you ever entertain at your home? Do you or your kids use social media? If you answered ‘yes’ to any of these questions you are personally at risk. Despite best intentions, injuries and property damage can occur. That’s why home and auto insurance policies have liability coverage.
But what happens when that limit is used up? When was the last time you increased your liability coverage? It likely won’t be a surprise to you that court award judgments are on the rise. An umbrella liability policy is an excellent way to bring an additional layer of protection for you and your family. Ask us to provide a quote for your consideration because we want you and your assets to be protected.
Are the brokers at Advocate licensed?
Yes, all our brokers hold their Registered Insurance Brokers of Ontario license which means that they have completed a provincially regulated exam and must fulfill continuing education requirements each year. Insurance protects your family and assets…don’t put them at risk! Always deal with a licensed professional.