Cheap Travel Health Insurance

We are all fond of bargains, and paying less for a given product or service and travel health insurance is not an exception. But one thing never to forget is that cheap can often get more expensive and savings are not always reasonable – especially when health and life are concerned.

So be careful when you select a cheap travel health insurance plan. If the plan does not cover what happens when you are traveling, then you might regret your stinginess. You’d better find other ways to cut costs than by reducing the number of risks covered.

One way to get travel health insurance cheaper is by purchasing a multi-trip travel health insurance plan. This is applicable in the cases when you travel frequently. Another alternative for frequent travelers is purchasing annual plans or choosing a new plan that has the option of renewing it at a discount.

Another way to save money is to buy travel health insurance for a particular country only. There are companies that offer such plans, though most of the offers on the market are for any country outside the US.

If you travel with your family, then a family plan is the best option in terms of money. The same applies to group plans, if you are traveling as part of a group.

A riskier alternative is to select a plan in which not all medical expenses are covered by the insurer but you are a co-payer. In general these plans are cheaper, but there is less security for you.

How much you will save from choosing a cheaper travel health insurance plan is up to you. There are many online insurers that provide a calculator to check which of their plans are applicable for you, but never forget that cheaper is not always better. It is a bargain only if you pay less money for the same risks!

Canadian Travel Health Insurance

With Canada so close to the US, it is easy to forget that Canada is another country and even though we feel at home when we go there, there are formalities one must have in mind – like having a travel health insurance because the American healthcare system does not pay for treatment outside the US.

There is hardly anything special in purchasing a travel health insurance plan when going to Canada that is very different from doing it for any other part of the world. Maybe one difference is that Canada has a high standard of living and therefore you can reasonably expect that there, like at home, medical and dental services will be more expensive than those in some Third World countries. And this is one more reason to look for the best, not the cheapest travel health insurance plan.

As far as money is concerned, a regular basic plan usually provides coverage for you and your family amounting about $50,000 CAD (about USD 43,000), which is usually enough to cover ambulance service, laboratory examination, doctor’s fees, a short stay in the hospital, etc. But if you are afraid that this is not enough, there are companies that offer over USD 1,000,000 as coverage. And if you go to ski in Calgary, for example, or go on a fishing trip to Ontario, do not let a broken limb ($400-500 with therapy, crutches, etc.) break both your mood and finances.

There are many Canadian companies that offer travel health insurance to Americans and there are many American companies that offer the same for Americans going to Canada, so the choice is unlimited. Just visit their sites and spend some time with the online calculators that allow to enter your age, the duration of the trip, the destination province and your medical condition, and in no time at all you will have plenty of offers to choose from!