Business
Close to Home, Far from Covered: Travel Insurance Misconceptions Persist Among Canadians
Close to Home, Far from Covered: Travel Insurance Misconceptions Persist Among Canadians ...
About this update from Toronto-dominion Bank
[{"type":"text","content":"\n\n\n\n Close to Home, Far from Covered: Travel Insurance Misconceptions Persist Among Canadians\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Of the Canadian travellers planning to travel domestically, less than half plan to buy travel medical insurance\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n June 19, 2025\n \n\n /CNW/ - As summer approaches, travel plans might look a little different for Canadians this year and they might not be as protected as they think.\n \n\n A recent TD Insurance survey, conducted by The Harris Poll Canada, reveals that nearly three-quarters of Canadians\n \n (73 per cent)\n \n plan to travel for pleasure over the next 12 months, and half of them\n \n (50 per cent)\n \n plan to do so domestically outside of their home province or territory. However, of that group, only\n \n 51 per cent\n \n plan to purchase travel insurance at all, and\n \n 42 per cent\n \n plan to purchase emergency travel medical coverage.\n \n\n The number one reason why Canadians don't feel the need to purchase travel medical insurance for their domestic trip? They believe they are already protected:\n \n\n\n\n 44 per cent\n \n say they are already covered by their provincial or territorial health coverage;\n \n\n\n 36 per cent\n \n say they are covered by an employer; and\n \n\n\n 25 per cent\n \n say they are covered by their credit card provider.\n \n\n\n While provincial or territorial health plans may provide some level of coverage for certain medical services outside of where you live, out of pocket expenses for those which aren't covered can add up quickly.\n \n\n \"Planning for the unexpected is just as important as planning your trip. Don't assume your existing provincial or territorial health plan is enough – t...