The Super Visa Insurance

The Super Visa Insurance – All You Need To Know

If you have children and grandchildren settled abroad, you desire to visit them occasionally. However, the humongous amount of documentation and approvals forces you to restrict it to a single or at the most two visits.

In December 2011, the Canadian Government introduced a new insurance scheme called the Super Visa Insurance. It covers unexpected medical expenses while residing in Canada. It also pays up if you fall sick on a side trip, if majority of the period is spent in Canada. With a validity of 10 years, there are fewer hassles in planning a trip to Canada. You can visit the country for up to 2 years per visit without having to renew your status during these 10 years. It permits multi-entries into the country. The Super Visa insurance covers you for a minimum amount of $100,000. The insurance benefits include hospitalization, health care and repatriation. This is an individual visa application; it does not include your dependants.

Now every visa and insurance plan has its own terms and conditions; hence if you would like to apply for the same, here’s more on the eligibility criteria and procedures.

Are you eligible?

The first major criterion for the Super Visa Insurance is that you should be a parent or grandparent of a Canadian citizen or a permanent resident of Canada. The second major requirement for the Visa is insurance. The applicant should have private medical insurance from a Canadian company for a period of at least one year. The applicant will be required to submit proof of the same for the application to get approved.

On applying, you will also have to provide a copy of the letter of invitation from the relative inviting you to Canada. This letter specifies the number of persons in the household as well as outlines the details for the plan of care while you stay there. To add, the applicant has to provide documents stating that their children or grandchildren meet the minimum income threshold and that they will provide all the financial support during your stay in Canada.

What after applying?

If you fulfill all the above mentioned criteria, you should submit your application attached with the required document. The Citizenship and Immigration Canada (CIC) processes documents after scrutinizing them.

After your application has been approved by the CIC, it is handed down to the Visa Officer. He decides if he would like to have an interview with you and schedules the same. Accordingly, you will be notified of the time, place and date.

The visa office might ask you to undergo a medical exam before you enter Canada. The Visa officer will provide all the instructions and directives including how and where the medical examination will be conducted. The medical examination usually delays the approval process, as the Visa office waits for the results before going ahead with the procedure. Another document that you might be asked to provide is a police certificate.

Once the Super Visa insurance is approved, your passport will be stamped and all your original documents will be returned. If your application is not approved, it will be returned to you with a letter of explanation.

Why Holiday Insurance

Why Holiday Insurance Is Important

Every year, millions of people go on holiday around the world and they’re almost totally uninsured while doing so.

Just why that happens is sometimes a mystery but more commonly studies indicate that it’s one of the following:

Trying to save a few dollars on holiday costs
Being unaware of just what can go wrong and how much it’ll cost if something does
Assuming, usually wrongly, that someone else ‘somewhere’ is covering them
Thinking that “it’ll never happen to me”.

Saving money

In a sense, there’s nothing at all wrong with this. That’s providing that you have appropriately weighed up the risk factors and decided that the typically small amount of money you’ll be saving is worth the risk of spending hundreds if not thousands of dollars should something go wrong.

If that’s your decision though then fair enough – and let’s all hope that your luck holds.

Being unaware

Deciding to save money WITHOUT knowing the risks though is dangerous.

For example, let’s assume you’re staying with your family in some luxury holiday accommodation. Maybe you’ve been unlucky and managed to break an ankle, meaning you can’t fly back with them to home base for a couple of days.

So, you’ve lost your flight and will need another. Perhaps a member of your family has stayed on with you to help you travel home in due course. All told, that’s going to be another flight cost plus their extra nights in a hotel.

Before you even blink, you could be facing a bill of thousands of dollars. Are you sure you don’t need insurance?

Someone else is covering you

This is often heard in the context of people thinking, for example, that their personal property household cover will also cover things such as their luggage and possessions when on holiday.

Well, it might but don’t count on it! That’s not something you’ll want to discover if your luggage is say lost or stolen and you claim on your household policy only to be told that your claim is invalid because your goods were outside your property’s boundaries.

The moral here is clear. Never make assumptions about what any existing policies MIGHT cover. Instead, check and if in doubt, call your policy provider and ask.

If you think about it, travel insurance wouldn’t exist if other existing policies already provided such cover to the policyholder.

A slight variable here though is automatic travel insurance that’s sometimes available from financial institutions or credit card companies. That may be OK but remember to read the cover details carefully. If it’s free then it’s very likely to be limited in its protection.

It’ll never happen to me

In the UK in 2015, almost 500,000 holiday insurance claims were paid out by the travel insurance industry.

If that doesn’t convince you that travel problems are not just a freakishly rare occurrence, then nothing will.

Accidents, flight delays, thefts, cancellations due to personal reasons, injuries – these things do happen. While we all sincerely hope they won’t happen to you, it’s worth asking yourself the question just how you’d cope if they did and you had no insurance to help?

Maybe you’re a naturally lucky person and also have no doubt that your luck won’t one day run out when on holiday. If you’re not totally convinced of that though, it might be worth thinking again about travel insurance.

Travel Insurance

Travel Insurance – Got You Covered

Planning to be traveling soon? Should you buy travel insurance? It’s a tough call whether spending the extra money is worth it. Are you over 50? Travel insurance goes up significantly as you get older. If you’re spending a lot of money on a trip, travel insurance is a must.

Travel Insurance Coverage

Travel insurance covers these basics:

Trip Cancellation Or Interruption
Medical
Emergency Evacuation
Baggage
Flight Delays and Cancellations

Travel Insurance – What Does It Mean For You?

Trip Cancellation refers to canceling prior to your trip whereas trip interruption refers to a problem during your trip. What if you or one of your travel companions gets hurt or sick and you need to cancel your plans. This is where travel insurance comes to the rescue.

What if you have a medical emergency? Think you’re covered by your medical insurance? You might be. But most medical insurance policies don’t cover you outside of the United States. Medicare never covers you when traveling abroad. Find out if you’re covered when traveling to your next destination.

What happens if you do sick and need to be airlifted? Or you need medical care on your flight home. This can be very expensive.

Have you arrived at your destination just to find that you have no luggage? What if you’re ready to board a cruise? Now what? Travel insurance will pay for essential items until your luggage is found and delivered to you. What if it never shows up? Make sure to have a list of items that you packed for your trip. Better yet, keep as many receipts of these items as you can. If your luggage was stolen, make sure to file a police report. This will help in making an insurance claim.

Did you get to the airport just to find out your flight has been delayed? What if the delay causes you to miss your connecting flight? Travel Insurance will reimburse you for hotel stays and meals while waiting to get out on the next flight. But what if your flight leaves on time and you get held up in traffic and miss your flight? You probably won’t be covered.

Travel Insurance – Do I really need it?

Check with your homeowner’s policy. It may already cover such things as lost luggage. Be sure to check the maximum amount of coverage as it may be limited in the payout. Check your medical insurance and find out what is covered when you’re traveling away from home. Verify if you’re covered when traveling abroad. Finally, check your credit card coverage. Some credit cards will provide a limited amount of insurance if the trip was booked with their credit card. If you have an airline’s credit card, check with their coverage. They may have better coverage if you’re traveling with them. But credit cards may not cover you being airlifted back home. Both health insurance and credit cards don’t usually cover travel emergencies.

Once you decide you need travel insurance, read the fine print. Check to see if there are any time limits concerning the purchase of insurance prior to your trip. Find out if the entire length of your trip is covered. Make sure your destination is covered. If the government is warning you not to visit a particular country, you may not be covered if you go there.

What if you get sick? Make sure you list all medications you’re currently taking. Failure to do so could invalidate your policy. What if a family member back home gets sick and you want to cut your trip short. Most travel insurance policies don’t cover this unless it’s a death in the family. There is an option called “cancel for any reason”. If you have older relatives back home, you may want to consider this option for peace of mind. This would allow you to cut your trip short and return home for any reason. Even if you just changed your mind and decided not to go.

Family Travel Insurance

The Three ‘R’s’ of Family Travel Insurance

The importance of a good family travel insurance policy can often be dismissed or ignored by busy travellers – sometimes it’s easy to ignore the issue than wade through the seemingly endless information and options. There are so many unfamiliar terms used in the literature, many of which can be unclear or confusing-terms such as premiums, pretermination, pre-existing conditions, secondary coverage, look back period, and so many others. However, when it comes to family travel insurance, the “big picture” concept needs to be considered.

Below, we present the three ‘R’s’ of family travel insurance – three of the most important words to keep in mind when searching for that elusive “ideal” policy.

Risk

Travel- and transportation-related technologies and services have advanced greatly during the last decade, and heading off on a journey has not only become significantly faster, cheaper, and more comfortable, but also a great deal safer. In addition, communication technologies have become omnipresent, opening opportunities in global business, networking, and even telecommuting. World travel is no longer a dream just for the rich and idle, and no experience is more fulfilling. However, no endeavour is ever risk-free, least of all this one – especially when children enter the equation. The risk is always there that something can go wrong, thereby interrupting your trip or even cancelling it. Family travel insurance covers you against financial loss in any unforeseen events.

Relief

Unfortunately, the related risk is not limited to financial loss. No matter how safe tourism has become or how careful you are, accidents can still occur and family members can fall ill. This is especially frightening if you are in foreign country where you don’t have access to your doctor or a medical clinic to receive attention. However, a good policy can give you true peace of mind should illness or accident occur. You will have speedy access to the appropriate medical treatment and services and, depending on your coverage, you may also be able to claim on expenses related to your medical emergency.

Recompense

Going abroad requires a lot of planning, especially when travelling with the entire family. Just packing your luggage can, in itself, be a huge endeavour. In addition to basic necessities such as clothing and toiletries, you will also need to bring expensive electronic equipment and entertainment gadgets such as tablets and media players to keep the children entertained. Add in wallets, personal items such as watches and jewellery, and even expensive clothing and bags, and you could spend more time and energy keeping track of your belongings rather than keeping an eye on your children! Fortunately, with an appropriate policy you can opt to cover these expensive items, ensuring that, should they get damaged, lost, or even stolen, you can recover their full financial value.

Visitors Insurance

Types Of Visitors Insurance

Every year millions of visitors come to the US either for vacation or to meet their loved ones or for business. A lot of these visitors are parents of immigrants who come to visit their children. Its pleasure time when parents visit the US and it is very important for people in the US to see to it that their trip is hassle free. If parents do not have a visitor’s medical insurance then you are exposed to a financial risk of having to pay a lot of money out-of-pocket if they face a serious illness or accident during their visit. This is a major concern in US due to the expensive health care system here. The risk of injury and illness exists even if they don’t plan to move around a lot during their visit since the public transportation is very minimal in US and every small errand or shopping requires you to drive. The best way to assure that their trip is hassle-free and safe is to buy a good health insurance.

Visitors Insurance plans vary based on three main criteria:

1/ Limited and Comprehensive coverage: Limited coverage plans have specific limits on various medical services.

Example 1: Most limited coverage plans limit the number of doctor visits per illness and have a specific $ limit on each doctor visit. As an example, if you purchase a $50,000 coverage VisitorSecure plan from HCCMIS, it pays up to $60 per doctor visit and a maximum of 30 visits per illness and for the same coverage Inbound USA plan from SevenCorners pays up to $55 per doctor visit with the same number of maximum allowed visits. Comprehensive plans on the other hand have very few specific limits. Most medical services are covered up to the maximum coverage amount under each plan. And so if a certain doctor charges $75 per visit then a comprehensive plan will pay that entire amount. This is of course beyond any deductible in both cases.

Example 2: Most limited coverage plans also have specific $ limits on several other outpatient and inpatient medical services. As an example, VisitorSecure from HCCMIS and Inbound plans from SevenCorners have around $450-465 limit on X-rays, $100-115 on prescription drugs, $1400-1600 per day for hospital room & board etc. While comprehensive plans have no such limits. Such plans pay for these medical services up to the maximum plan coverage that you have chosen.

Comprehensive plans are hence more expensive than the limited coverage plans since they provide more flexibility and bear higher risk.

2/ Plans from US and India:

Visitors Insurance is provided by both US and Indian companies. Plans from US companies are either limited or comprehensive coverage type as described above. Some of the well-known brands from India like Bajaj, Tata, HDFC etc. provide such an insurance for travelers going from India to US. These plans from Indian companies cannot be purchased after the traveler has left India. Most of the plans from Indian companies are comprehensive plans under a certain limit. For example, plans from Tata-AIG have specific $ limits on inpatient services above the age for 56. While Bajaj and Apollo Munich don’t have specific $ limits on inpatient services but they have a per-illness or per-accident limit. Note that the plans from Indian companies can be only purchased while the traveler is still in India. One other difference between plans from US and India is that most of the US comprehensive plans provide an option of direct or cashless billing for both outpatient and inpatient services if those services are obtained from healthcare providers from their PPO networks. In case of plans for India however, the policy holders have to pay out-of-pocket for outpatient services and then get the eligible expenses reimbursed from these companies from India. For inpatient services however they do provide the direct or cashless billing option.

Family Holiday Insurance

Family Holiday Insurance – A Must for Every Trip

When it comes to the time of year everyone looks forward to, you’ll want to make sure that things go as smoothly as possible on the family holiday. Insurance is an absolute necessity in order to cover you in case of any eventuality that may cause you to cancel or extend your stay or change your travel plans. Even with the best-laid plan set in place, a contingency plan is wise. Family holiday insurance is simple to purchase and often covers families with up to two adults and two dependents under the age of eighteen. (Of course every policy and every company will be different.) By getting covered before you go, you can rest assured you will have a helping hand if things don’t go exactly to plan.

Cancelling a trip

Although no one wants to think about it, sometimes “life happens”, and you have to cancel your family holiday. Insurance cover in place before you go away will be able to cover circumstances that suddenly change and alter plans. Things like natural disasters, both at home and in the location where you have booked your holiday, can cause for serious disruptions or cancellations that cannot be avoided. One only has to think back to the recent volcano eruptions and the ash that grounded flights all over Europe to have an idea of how unexpected changes can affect travel plans.

Extending your stay

While extending your break might sound like a good thing, don’t get too excited – your family holiday insurance is not likely to cover you wanting to laze about on the beach for an extra day or two! But, when accidents happen or illness upsets your plans and you find that you need to stay on in the area due to medical restrictions, it is always good to know that your extra costs can potentially be covered.

Changing travel plans

Although it is usually not covered by basic family holiday insurance, change of travel plans is sometimes a necessity. As mentioned above, sometimes natural disasters come into play meaning you need to take a different flight or rent a car instead. But if you have the option to change instead of cancel travel, sometimes policies may cover the difference in cost, depending on the situation. There is usually a terrorism clause included, to assist you and yours out of a location if there are threats, however, the wisest decision is not to put yourself in a position where you might be unsafe in the first place.

Family Holiday

Group and Family Holiday Insurance Plans – Filling in the Gaps

Group and family holiday insurance plans are sizzling hot right now, thanks to the boom that the summer season brings about each year.

Are you, however, protected where it really matters? Read on to learn more about what types of coverage you need to ensure that you are protected from the most common problems you will encounter while travelling with friends your family.

1. Forced Trip Cancellation – simply put, when you’re forced to cancel your trip due to external influences. Illness, injury, accidents, bad weather and problems on the airline’s side could all force you to cancel your planned trip. This can also include reimbursing payments on your accommodation, although you will have to check the contract on your particular family holiday insurance policy to see if this applies.

2. Voluntary Trip Cancellation – you can ask the provider if you can pay extra to have your payments reimbursed if you should decide to cancel your trip at your discretion. This ought to protect you when you want to cancel your trip because of work-related conflicts, getting called up for jury duty, or when you simply change your mind.

3. Baggage Loss or Damage – this is another very important part of any group or family holiday insurance plan, since it will provide you with a safety net should your belongings get lost or damaged while on the way to your destination. Do note, however, that you will need to pay a higher premium to cover more expensive possessions. Failure to clarify the estimated value of your baggage could lead to the provider paying significantly less than what you lost.

4. Emergency Care and Evacuation – do note that the coverage for being hospitalized for illness or accidents in your destination is a different from being evacuated back to your home country. These are two separate things, which is why you will need to pay extra if you anticipate the need to be airlifted to safety. You can also pay extra for a policy that will not only cover expenses incurred in the event of death, but will also cover the expenses of bringing the remains back to the home country.

5. Risky Activity Cover – you will need to closely inspect the terms of policy to check the conditions for receiving emergency medical services in case of an accident. Most companies do not cover risky activities like scuba diving, high-altitude hiking, kayaking, horse riding and the like – but some are willing to do so if you pay extra.

6. Pre-Existing Conditions – if you have a pre-existing condition like asthma, diabetes or any cardiovascular problems, you will need to pay extra to be covered. This is why it is important that you identify those in your party who have a pre-existing condition, otherwise you may find your family holiday insurance policy lacking when it is needed the most.

7. Auto Cover – you would be surprised at how many people overlook this. You may need a large vehicle with plenty of room to tour at ease, so make sure that your plan has cover for renting vans and the like. You may, however, opt out of this if you are part of a tour group that will use its own vehicles.