Canadians are travelling more this winter, but many lack adequate protection
More Canadians opting for inter-provincial travel, but many lack essential insurance
This winter, more Canadians are staying closer to home, with many opting for inter-provincial trips. A new TD Insurance survey reveals that half of travellers plan to explore destinations across the country, outside their province of residence.
In comparison, only 19 per cent of respondents plan to travel to the U.S., as cross-border travel interest remains relatively low.
However, as inter-provincial travel grows in popularity, many Canadians are unaware of the potential financial risks of travelling without adequate insurance.
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"People often believe their provincial health card will fully cover them across Canada, but that’s not the case," explains Jose Ignacio Ramirez of TD Insurance. Provincial health plans can differ, and travellers may face unexpected out-of-pocket expenses for services not covered under their health card.
For example, injuries while skiing in B.C. or seeking medical care in Alberta could leave Ontarians or Quebec residents with significant bills. The survey also found 17 per cent of Canadians could only cover up to $300 for emergencies, while nearly 25 per cent said they couldn’t handle unexpected costs without insurance.
Travellers should review their coverage, including employer plans or credit card insurance, to ensure protection.
“Accidents happen,” Ramirez emphasizes.