Considering skipping trip cancellation or trip interruption insurance? Here’s why you should rethink your decision.
When planning your travels, insurance might seem less exciting compared to exploring glossy destination brochures. However, having the right travel insurance with comprehensive coverage is a critical part of trip planning. Not only can it protect you from unexpected medical costs outside of Ontario, but it also shields you from the financial impact of having to cancel or interrupt your trip.
What is Trip Cancellation and Trip Interruption Insurance?
Trip Cancellation and Trip Interruption insurance are essential products designed to safeguard you from various disruptions to your travel plans.
Trip Cancellation Insurance reimburses your non refundable unused prepaid trip cost, based on your sum insured, if you need to cancel your trip before departure due to unforeseen events such as a flooded basement or job loss. Trip Interruption Insurance provides coverage if you need to cut your trip short, reimbursing you for the unused portion of your trip (based on sum insured)and covering additional costs. This insurance is effective from the moment you start your journey and lasts throughout your trip, protecting you from unexpected issues like flight delays or family emergencies.
While you can’t prevent all unexpected events, having this insurance helps you avoid financial losses and reduce stress. Here’s why you should consider both types of insurance before your trip:
Aging family members: If you have elderly relatives, insurance ensures you can respond to emergencies without losing your trip investment.
Unpredictable weather: Travelling to destinations like Mexico or the Caribbean during hurricane season? Insurance provides peace of mind against weather-related disruptions.
Risk of theft: No place is completely free of crime. Trip Interruption insurance covers costs if your passport is stolen or lost, helping you get new travel documents quickly.
Catching a cruise: If your flight is delayed and you risk missing your cruise, Trip Interruption insurance helps cover the cost of rebooking flights to catch up with your ship.
CAA Travel Insurance offers extensive coverage that exceeds what credit card or group plans typically provide. CAA Members can save up to 10% on their insurance policy*.
For a quote or more details, click here, visit your nearest CAA Niagara Branch, or call our us at 1-800-263-7272. Ensure your trip is protected and enjoy your travel with peace of mind!
*CAA Travel Insurance, an ®Orion Travel Insurance product, is underwritten by Echelon Insurance. Certain exclusions, limitations and restrictions apply. Subject to change without notice. A Medical Questionnaire may be required if you are 60 years of age and older.
Applies to CAA Members in good standing with dues paid in full by membership expiry date. 10% savings applies to the total premium excluding applicable taxes. Minimum premium applies. Excludes Visitors to Canada Insurance.
Ontario