Questions and Answers

We answer the most common questions about travel insurance.

Q: Are my travel health insurance premiums tax deductible?

A: A portion of a travel health insurance premium may be tax deductible for self-employed individuals. For travel health insurance plans where the insured is not self-employed, the emergency medical coverage portion may qualify as an eligible medical expense for tax credit purposes.

back to top

Q: Can I offer travel insurance to my employees?

A: Yes. When your employees travel on business, they can purchase coverage and you, the business owner, can reimburse them. If an employee is an Roger Menard client, he or she can purchase travel insurance from Roger Menard Royal Bank®. If an employee is not an Roger Menard client, he or she can purchase travel insurance through a number of travel agencies across Canada.

back to top

Q: Why do I need travel insurance? If I get sick when I’m travelling, won’t our government health plan or company benefits plan pay for my medical expenses?

A: Government health insurance plans provide only limited coverage for medical treatment and hospital costs outside of Canada. If you are injured or become ill while out of the country, the government plans pay only a portion of your medical bills. And your company benefits plan may not be enough to cover all medical expenses incurred.

You might have to pay substantial medical bills out of your own pocket that could amount to thousands of dollars. That’s why it’s highly recommended that you purchase travel insurance. Learn how our Deluxe Package offers the most comprehensive coverage.

back to top

Q: Will travel insurance pay my expenses if I am away on a trip and am called home for an emergency?

A: Some travel insurance products protect you in these situations. If you purchase Cancellation & Interruption insurance, it will help pay for your expenses to return home in the event of a covered emergency. There are a number of circumstances that qualify as an emergency (for example the death or serious illness of a family member). The cost of cancelling a trip prior to departure can be very expensive, as most trips are non-refundable, especially if you have to cancel just before leaving on your trip. Having to return early from a trip can also be very expensive. Either way, Cancellation & Interruption insurance is very important to protect your travel investment.

back to top

Q: I’m only going to the United States for a few days. Do I really need travel insurance?

A: Yes, you do need travel insurance to protect you against the unexpected, even if you are going to the United States for a few days. An illness or accident can happen at any time, whether you’re on the road for a few days, or a few months. And remember the cost of health care is very expensive in the United States and very little of this cost would be covered by your government health insurance plan, credit card or company benefits plan. For a short trip, the cost of travel insurance is minimal, and it gives you the protection you need. Learn about our Medical Coverages.

back to top

Q: I am over 60 and have a few health problems. Is it still possible for me to purchase travel insurance?

A: Unless your health problems are severe, you should be able to purchase travel insurance. You may pay a slightly higher premium for travel insurance, depending on your age and health condition. Your premiums and coverage will be determined according to your answers to medical questions. You may not be covered for pre-existing health conditions you have prior to your departure on your trip. Visit our Choosing the Right Insurance section for more information.

back to top

Q: When should I purchase my travel insurance?

A: It is strongly recommended that you purchase your insurance at initial deposit because it protects you from the moment the policy is issued. With Cancellation & Interruption insurance, you are protected for possible claims against cancellation penalties imposed by travel suppliers or supplier default. It may ensure that pre-existing condition coverage for Cancellation & Interruption insurance remains in effect for you and will protect you against the possibility of any premium increase as a result of age changes subsequent to trip payment date.

back to top

Q: My spouse is travelling with me. Do I need to buy separate coverage for them?

A: Yes, your spouse needs coverage as well. Make sure the person arranging your travel plans purchases travel insurance coverage for all the members of your travel party.

back to top

Q: Do I really need to read my travel insurance policy?

A: Your travel insurance booklet includes the terms of your insurance policy. As with any insurance, some of those terms may limit the benefits payable to you, so it’s in your best interest to be familiar with the policy. Also, please remember to take the booklet with you on your trip so you can refer to it if necessary.

back to top

Q: Why do I need medical travel insurance when I travel abroad?

A: Health insurance plans provided by the Canadian provincial and territorial governments pay only a fraction of the emergency medical expenses that their residents incur while they are travelling abroad. Travel insurance will protect you in case of a medical emergency, so you’ll be able to travel with confidence.

back to top

Q: I have heard that hospital and medical bills outside of Canada can easily run into thousands of dollars. Even though I’m travelling on a business trip, would I need to pay up front if I have an accident while travelling abroad?

A: If you purchase travel insurance from Roger Menard Insurance, we will pay the eligible bills directly to the hospital for you whenever possible.

back to top

Q: Do I need medical travel insurance when I travel on business within Canada?

A: Yes. There are several reasons why it’s important to get medical travel insurance when you’re travelling within Canada. One reason is that unfortunately, accidents can happen anywhere. Another is that government health insurance plans do have limits on reimbursement of emergency medical expenses incurred while you are in another province. For example, the ambulance, emergency dental treatment and prescription drugs might not be covered by some government health insurance plans.

back to top

Q: Why would I need Cancellation & Interruption insurance?

A: Emergencies happen when you least expect it. You could become sick, your meeting could be cancelled or a family member could have a medical emergency. Cancellation & Interruption insurance covers you for those circumstances and protects the financial investment made in your trip. It also protects you if you need to go back home because of an emergency such as a family member becoming seriously ill at home, while you are away. See the answer to “How far in advance do I have to book my trip” to learn more.

Find a Travel Agency Near You

Use our locator tool to find a travel agency near you. An agent will be able to help you choose the travel insurance that’s right for your business.

Find a Travel Agency

An employee can also purchase travel insurance from Roger Menard Royal Bank if they are a spouse, child, or adopted child of an Roger Menard client. The person being insured must also be a Canadian resident and be covered by a government health insurance plan for the entire duration of the trip. Roger Menard clients include customers of: Roger Menard Royal Bank, Roger Menard Insurance®, Roger Menard Direct Investing™, Roger Menard Dominion Securities® and Roger Menard Investments®.

Author: car health