The frightful climate means one factor: Snowbirds might 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 test their well being protection.
“Because it stands at present, the province affords $400 a day, out-of-country medical protection,” mentioned Anne Marie Thomas, of insurancehotline.com
“I imply it feels like it could be loads however that every one is determined by what occurred to you. So, it’s not a big quantity but it surely’s an excellent reminder, Ontarians, we’re shedding this,” added Thomas. “Ensure you buy journey insurance coverage greater than ever as a result of (as of January 2020), you’ve zero protection.”
The rationale for this, says Thomas, is straightforward.
“The premier’s workplace (says) it’ll save Ontarians $83 million a yr if we don’t supply this. So $83 million tells you individuals had been utilizing this, proper?” mentioned Thomas, who added it’s necessary for individuals to know the small print of their protection.
“Some individuals have (journey insurance coverage) via work and they also really feel that they’re coated, however you will not be coated for every part. You most likely wouldn’t be coated below your work coverage when you had been in Cuba and also you had been dangle gliding and one thing occurred to you,” she added. “Fairly often …, when you’re injured throughout an excessive sport, you can probably be declined a declare as a result of an excessive sport, in lots of circumstances, is excluded.”
A latest survey by insurancehotline.com discovered that 40 % of Canadians consider the price of a four-hour emergency medical evacuation can be $2,000. In actuality, it could actually value tens of 1000’s of dollars.
The identical survey additionally discovered that 34 % weren’t prone 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 coated below their bank card,” mentioned Thomas. “And that’s one other factor individuals ought to have a look at. Whereas you will have protection below your bank card, not all playing cards are the identical so that you wish to be certain what you’re coated for.”