ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel
  • »
  • Travel and Places»
  • Travel Tips & Preparation

Travel Insurance Deals

Updated on August 5, 2010

Travel Insurance Deals

BMO Travel Insurance
BMO Travel Insurance

Travel Insurance Deals

You're excited! You just booked your hotel and flight for that dream get-away and at the end of the conversation the agent quickly gives you the pitch on how dangerous it would be to travel without some kind of protection. What if you got sick while you were away or , God forbid, you got in an accident? You've heard the horror stories even people who live in the U.S. find themselves destitue and on property row just because they couldn't afford health insurance. If it's that bad - that expensive for a citizen - just imagine what would happen to a foreigner who was hurt and didn't have travellers insurance? Of course the pitch doesn't stop there. What if you or one of your loved ones got sick just before you were ready to leave? You would lose it all! But, have no fear your agent has your best interests in mind and she'l make sure your safe and protected. STOP!

You are about to make one of those costly mistakes - buying under pressure. The travel business both online and off knows how to pull on your emotions and they also know they make more money off the insurance sale than they will off the slim commissions from your trip.

So, what is one to do? How can you truly find the best travel insurance deal that is going to work for you?

The first step is to make sure you leave enough time to properly shop around. Even if you decide you are going to book your trip 'las minute' to save some money you can start shopping for your travel protection now. Last minute won't save you and the pressure to make a decision will often cost you more.

The second step is to take some time to collect quotes and policy details from a number of different companies.

Next is to realize it's not all about the price. Make sure the policy has provisions which meet your needs as closely as possible. Policies differ. Sometimes you can pay too much for a bunch of features you will never use. Sometimes you can pay too little and miss that one all important piece of coverage you really need. Here's an example: the BMO Policy above is the one I use. I love it. It's attached to my Mastercard as a bundled service. I get a while years worth of travel protection for trips up to 31 days for me and my entire family. It's got all the bells and whistles I need including rental car coverage, baggage and cancelation insurance. Now here's what makes it good for me - I have a family. So, my wife and four kids, including my 18 year old who lives at home are all covered. And they're covered whether they travel with me or alone. That is so cool. But, if I were single I would be paying the same price and it might not be such a good deal.

Another thing to consider is where you are traveling. Some companies give you a big all inclusive package but what if you live in British Columbia and you are planning to visit Toronto. You don't need all of that out-of-country coverage. You just need a simple out-of-province plan to help you should anything happen while you are visiting the 'Big Smoke'.

Save Your Money!

Save your Money by getting the best Travel Insurance Deals!
Save your Money by getting the best Travel Insurance Deals!

Travel Insurance Poll

When you travel out of your country do you buy travel insurance?

See results

When Travel Insurance may not be necessary

So often we hear about the excessive cost of health care in the United States and for good reason. It's not just excessive, it's obscene! The cost of healthcare in the U.S. is almost double the next most costly country. And yes, this means the cost of travel insurance coverage when you are visiting or even passing through the U.S. is going to be reflective of that.

So, it begs the question, 'What if I'm not traveling, to, through or even near the U.S. do I really need one of those expensive policies?' Of course the answer is 'No'.  In fact some countries have cheap healthcare. Some places it is so cheap people often chose to travel without any insurance whatsoever. In a sense they are self insured. In Panama for example a vist to the Doctor can cost under $25 and a hospital stay less than $100 a day. For someone in a bracket whereby their travel insurance is very expensive they may just chose to travel anyways but be sure to choose a country that has good healthcare at low cost.

If on the other hand you are planning a trip to the U.K. or Canada you want to check into policies that will exclude the U.S. and just cover you for those countries. 

Countries with Cheap Healthcare

Many countries offer World Class healthcare with U.S. trained Doctors for a fraction of the cost.
Many countries offer World Class healthcare with U.S. trained Doctors for a fraction of the cost.

Leave your Comments about Travel Insurance

    0 of 8192 characters used
    Post Comment

    • profile image

      George Dagenais 6 years ago

      Buying travel insuranse Great . Using it or getting what you believed you bought could be another. Fine print often causes problems and financial issues you dont bargain for

    • PartyPlannerDeb profile image

      PartyPlannerDeb 7 years ago

      You know I use Mastercard all the time and it never occurred to me to check them for travel insurance. I just buy what the agent recommends. Well I checked and your idea is going to save me a ton of money! Thanks!

    • PanamaPaul profile image

      PanamaPaul 7 years ago from Toronto

      Interesting ideas. I know what you mean about traveling in the US. It scares the heck out of me! I had never considered traveling without insurance but as I get older the rates keep cranking up. I like your idea of shopping around and also finding out how much healthcare costs in some countries vs others. It's a new way of looking at things and may just open my eyes to a lot of new places I could visit. Thanks!

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. (Privacy Policy)
    CloudflareThis is used to quickly and efficiently deliver files such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisements has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)