The frightful climate means one factor: Snowbirds shall be or have already left for southern locations.
A report by the Canadian Commerce Commissioner estimates near 500,000 Canadian snowbirds spend their winter in Florida.
However with the Ontario authorities cancelling OHIP’s Out-of-Nation Travellers Program in January 2020, insurance coverage consultants are advising snowbirds to examine their well being protection.
“Because it stands at present, the province provides $400 a day, out-of-country medical protection,” stated Anne Marie Thomas, of insurancehotline.com
“I imply it feels like it might be lots however that each one is dependent upon what occurred to you. So, it’s not a major quantity however it’s a very good reminder, Ontarians, we’re dropping this,” added Thomas. “Be sure you buy journey insurance coverage greater than ever as a result of (as of January 2020), you will have zero protection.”
The explanation for this, says Thomas, is easy.
“The premier’s workplace (says) it’ll save Ontarians $83 million a yr if we don’t provide this. So $83 million tells you folks have been utilizing this, proper?” stated Thomas, who added it’s vital for folks to know the small print of their protection.
“Some folks have (journey insurance coverage) by means of work and they also really feel that they’re lined, however you might not be lined for every thing. You in all probability wouldn’t be lined underneath your work coverage in the event you have been in Cuba and also you have been dangle gliding and one thing occurred to you,” she added. “Fairly often …, in the event you’re injured throughout an excessive sport, you possibly can doubtlessly be declined a declare as a result of an excessive sport, in numerous instances, is excluded.”
A current survey by insurancehotline.com discovered that 40 % of Canadians consider the price of a four-hour emergency medical evacuation could be $2,000. In actuality, it will possibly price tens of hundreds of dollars.
The identical survey additionally discovered that 34 % weren’t more likely to buy journey insurance coverage for his or her subsequent journey.
“Lots of people simply don’t purchase it or they assume that’s it’s lined underneath their bank card,” stated Thomas. “And that’s one other factor folks ought to take a look at. Whereas you could have protection underneath your bank card, not all playing cards are the identical so that you wish to ensure that what you’re lined for.”