Travel insurance cash value benefits

DSC02636Travel insurance provides you with cash value benefits so as to protect you medically and financially anytime anywhere you travel outside your home province or territory.  You are smart to purchase travel insurance to achieve gains of cash value benefits, in case emergency medical situation and expenses happen to you. With travel medical insurance protection, you can enjoy peace of mind during your pleasant trip.

You may ask, “I have already had government health insurance plan in my home province, why do I need to buy travel insurance?” That’s because your government health insurance plan may not cover all emergency medical expenses once you leave your home province or territory, and typically cover only a limited portion once you leave your country. That’s why the Canadian government urges all Canadians to purchase supplemental health insurance when leaving the country for travel.

Out-of-country healthcare can be costly. Take for example some actual cases and costs for medical care in the United States, a 6-day admission of fractured femur cost $58,825; a 13-day admission of motor vehicle accident cost $171,500, plus $15,900 for air ambulance.

Unlike government health insurance plans, travel insurance offers you the unlimited coverage of cash value benefits for eligible medical expenses, and the up-front payment of eligible medical expenses whenever possible.

DSC050961.jpgYour credit card may provide emergency medical insurance when you are travelling outside your home province or outside Canada. However, your achievement of the cash value benefits may be limited to only apply to the trips purchased on the card, or be limited to only a  fewer number of travel days.


Your employee benefits plan may provide travel insurance when you are travelling outside your home province or territory. However, your achievement of the cash value benefits may not be available out of country, or may not cover your spouse or your children, and may have limits on the number of travel days covered and the amounts payable.

So, before you take a trip, it’s a good idea to spend some time to review any coverage provided by your credit card or by your employer. Then you will draw the conclusion whether you need the  additional travel insurance.

For your needs and concerns, please contact Yan Li, the professional insurance advisor. Yan Li has helped hundreds of thousands of clients achieve various gains of insurance cash value benefits in the past years. She won the grand President Prize in 2012 in insurance industry. Call Yan Li today to book an appointment.

Yan Li 李燕

Yan Li 李燕

(Yan Li  李燕,President of Canada Valuelife Financial Services Corporation;  Registered Teacher in Ontario Canada;  Licensed Insurance Advisor, President Award Winner; Author; Translator; Value Life Coach; Speak English and Mandarin.  Tel: 416-388-6484. Email: Website: www. Contact Yan Li for more info based on your unique needs. Join our mailing list for more upcoming value life contents)





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