DANIEL ENAYATZADEH FINANCIAL SECURITY ADVISOR
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WHAT YOU NEED TO KNOW BEFORE BUYING TRAVEL INSURANCE

12/5/2016

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By: Daniel Enayatzadeh

Now that December has arrived, many of us are thinking of going on vacation! It’s important to remember that without travel insurance you may end up paying a large medical bill for even the smallest of medical emergencies. 

The following is a list of tips I’ve put together:
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  • Check your credit cards or your group insurance at work to see if travel insurance is already included.
  • If your current insurance policy includes travel insurance, call your insurer to determine the maximum number of travel days included as part of your coverage.
  • Discuss the main coverage, limits and exclusions with your advisor. Particularly if you have a health condition.
  • If you have a current medical condition, inquire if your policy will cover your pre-existing condition.
  • Make sure to speak with your advisor if you have consulted a physician in the past 6 months, if your health is unstable or if your medication has been adjustment or changed.
  • If you are travelling as a family, inquire about family plans which are generally more affordable than buying individual plans.
  • Ask your advisor if adjusting the deductible will lower your cost.​
  • Be honest. Complete the application as honestly and as accurately as possible.

If you have other suggestions or questions, please include them in the comments below!

Daniel Enayatzadeh is a Financial Security Advisor specializing in investment and insurance planning. He can be reached at 514-996-9400 or at [email protected] ​

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