Many Canadians rely on credit card travel insurance for their trips, but is that enough? While credit card insurance might seem like a free, convenient option, in reality, it has significant limitations. In this guide, we’ll compare credit card insurance vs. standalone travel medical insurance in Canada to help you choose the right coverage.
What to Consider When Choosing Credit Card vs. Travel Medical Insurance in Canada
Choosing the right travel insurance can feel overwhelming, but focusing on a few key factors will simplify the decision. When comparing credit card travel insurance vs standalone travel insurance in Canada, ask yourself these crucial questions to determine the best fit for your travel needs:
1. Trip Length: How Long Will You Be Traveling?
- Short Getaways (Under 25 Days)? Credit card travel insurance can be a convenient and cost-effective option. For example, shorter trips like weekend getaways or quick vacations. Check if the card’s coverage duration aligns with your typical trip length.
- Longer Vacations (Over 25 Days) or Extended Travel? Standalone travel medical insurance offers the flexibility to cover longer trips, from extended vacations to multi-month adventures. In contrast, credit card insurance often has strict limits on trip duration.
- Frequent Travel Throughout the Year? Consider multi-trip annual standalone plans or credit cards with generous per-trip durations if you travel multiple times a year.
2. Medical Coverage Needs: How Much Protection Do You Require?
- Basic Medical Emergencies Covered? Credit card insurance provides a basic level of protection for common medical emergencies, often with coverage amounts between $1M – $5M. This may be sufficient for some travelers.
- Need High Medical Coverage (Up to $10M+)? For destinations with very high medical costs (like the USA) or if you want maximum peace of mind for serious medical events, standalone travel medical insurance with higher coverage limits (up to $10M or more) is generally recommended.
- Pre-existing Health Conditions? Carefully consider your health history. Credit card insurance often has stricter limitations on pre-existing conditions. If you have any pre-existing conditions, standalone policies are more likely to offer coverage. Crucially, those with pre-existing conditions will need to pay extra attention to stability requirements and the policy wording, as coverage can be significantly impacted.
3. Pre-existing Health Conditions: Do You Have Any?
- Generally Healthy with No Pre-existing Conditions? Credit card insurance might be sufficient if you are generally healthy and don’t have any significant pre-existing medical conditions, and you are comfortable with their potential limitations on pre-existing condition coverage.
- Manage Pre-existing Conditions? If you have pre-existing conditions, prioritize standalone travel medical insurance. These policies are more likely to offer coverage (depending on stability) and are designed to assess and manage pre-existing health risks. Always disclose your conditions and carefully review the policy wording.
- Stability Period Requirements: Be aware that both credit card and standalone insurance will have “stability period” requirements for pre-existing conditions. Understand what these periods are and if your conditions meet the stability criteria.
4. Trip Cancellation and Interruption: How Important is Trip Protection?
- Trip Cancellation Protection Desired? Credit card insurance often includes basic trip cancellation and interruption coverage, which is convenient. However, coverage amounts and covered reasons may be limited.
- Comprehensive Trip Cancellation and Interruption Needed? Standalone travel medical insurance usually offers trip cancellation and interruption as an optional add-on, but this allows you to choose higher coverage amounts and often broader reasons for cancellation or interruption (e.g., “Cancel For Any Reason” options may be available with some standalone policies).
- Assess Your Risk Tolerance: Consider how much financial risk you are willing to take if your trip is canceled or interrupted.
5. Cost and Convenience: What’s Your Priority?
- “Free” and Convenient Basic Coverage? Credit card travel insurance is often perceived as “free” because it’s included with the card (though remember the annual fee). It’s also convenient as coverage may be automatically activated when you use your card for travel purchases.
- Willing to Pay a Direct Premium for More Comprehensive Coverage? Standalone travel medical insurance requires a direct premium payment, but this gives you more control over coverage levels, pre-existing condition options, and trip cancellation benefits.
- Factor in Credit Card Annual Fees: While credit card insurance may seem ‘free,’ remember that the annual fee of the card is effectively the cost of accessing these benefits. If you wouldn’t otherwise pay for that credit card, the ‘free’ insurance isn’t truly free.
Maximizing Your Travel Insurance (Actionable Tips)
To ensure you get the most out of your travel insurance, regardless of whether you choose credit card vs standalone travel insurance in Canada , keep these tips in mind:
- ✅ Check Existing Policies First: Before purchasing any new insurance, review your existing policies. Work-related travel insurance or existing credit card travel insurance might already provide some level of coverage. Understand what is already covered to avoid unnecessary duplication.
- ⚠️ Understand the Limitations (Especially Credit Card Insurance): Don’t assume credit card insurance is “enough” without reading the fine print. Credit card insurance often has strict conditions, limited coverage amounts, and significant exclusions, particularly for pre-existing conditions and longer trips. Be fully aware of the limitations before you travel.
- 🔎 Consider Additional Standalone Insurance (If Needed): If your existing coverage (or credit card insurance) is insufficient for your trip duration, medical needs, or desired level of protection, seriously consider purchasing standalone travel medical insurance to fill the gaps.
- 📞 Notify Your Insurance Provider Before Seeking Medical Treatment: Always contact your insurance provider’s assistance line as soon as reasonably possible before seeking non-emergency medical treatment abroad. Failing to notify them in advance can lead to reduced coverage or claim denial in some cases. Keep their emergency contact information readily available during your trip.
Key Differences Between Credit Card vs Travel Insurance in Canada
| Feature | Credit Card Travel Insurance | Standalone Travel Medical Insurance |
| Trip Duration Suitability | Best for Short Trips (4-25 days max) – Ideal for weekend getaways, short vacations. | Flexible for Any Trip Length – Single-trip long vacations, multi-trip for frequent travel. |
| Medical Coverage Level | Basic to Moderate Protection ($1M – $5M) – Sufficient for many common emergencies, but may have limits on high-cost care. | Comprehensive Protection (Up to $10M+) – Higher limits, better for serious emergencies and high medical cost destinations. |
| Pre-existing Conditions | Often Limited or Excluded – Coverage frequently restricted; stable period requirements can be strict. | More Likely to Offer Coverage – Policies often available, but may require stability periods and medical questionnaires. |
| Trip Cancellation & Interruption | Often Included (Basic Coverage) – May have lower coverage amounts and specific conditions for triggering benefits. | Optional Add-on (Wider Coverage) – Allows for higher coverage amounts and broader reasons for cancellation/interruption. |
| Cost | “Included” with Credit Card (May have annual card fee) – No direct insurance premium, but factor in potential card fees. | Direct Premium Cost (100−1000+ per year) – Out-of-pocket expense, varies by age, coverage level, and trip details. |
| Convenience & Purchase | Automatic Activation (Often) – Coverage may activate automatically when you use the card for travel purchases. | Requires Separate Purchase & Policy Management – Must actively research, compare, purchase, and manage the policy. |
| Overall Benefit Focus | Basic Travel Protection & Card Perks – Combines basic insurance with credit card rewards and benefits. | Dedicated Medical and Travel Risk Protection – Primary focus is comprehensive coverage for health and travel emergencies. |
Still Undecided? Let’s Dive Deeper
If you’re not sure whether credit card vs stand alone travel insurance in Canada works best for you, browse through these comparison tables then keep reading further down for more detailed breakdown of popular insurance plans.
Exploring Standalone Medical Plans
| Provider | Example Cost (30-day Multi-Trip, Basic, 37 yr old) | Multi-Trip Duration (Max per Trip) | Single Trip Max Duration | Amount Covered | Pre-existing Conditions (Stability – General) | Trip Cancellation/ Interruption | Who’s Covered (Age Range) |
| Desjardin | $108 | Up to 45 days | 365 days | $5 Million | 90-182 Days Stable (Age Dependent) | Add-on (Trip Cancellation or Modification) | 15+ days to 80 yrs |
| Travelex | $133 | Up to 30 days | 212 days | $5 Million | 90 Days Stable | Add-on (All-Inclusive Plan) | 1 month to <60 yrs |
| soNomad | $144 | Up to 30 days | 183 days | $2 Million | 60-180 Days Stable (Age Dependent) | Add-on (All-Inclusive Plan) | 15+ days to 89 yrs |
| Travelance | $150 | Up to 30 days | 365 days | $10 Million | 60-365 Days (Age Dependent) | Add-on (Trip Cancellation and Interruption or All-Inclusive) | <90 yrs |
| TuGo | $182 | Up to 60 days | 365 days | $10 Million | 7-180 Days Stable (Age & Trip Dependent) | Add-on (Non-Medical or All-Inclusive) | No age restriction (questionnaire 60+) |
| Manulife | $188 | Up to 60 days | 365 days | $10 Million | 90-180 Days Stable (Category Dependent) | Add-on (All-Inclusive Plan) | 30+ days |
| Pacific Blue Cross | $201 | Up to 180 days | 182 days | $10 Million | 90-180 Days Stable (Age & Plan Dependent) | Add-on (Trip Protection) | Any age (questionnaire 61+) |
| BCAA | $225 | Up to 365 days Annual Plan | 365 days | $10 Million | 90-180 Days Stable (Age Dependent) | Add-on (Trip Protection) | Any age (questionnaire 60+) |
| Medipac | $245 | 33-day Annual Plan | 212 days | $2M – $5M USD | 90 Days Stable | Add-on (Plus or Max Plan) | No age limit (questionnaire 56+ or >41 day trips) |
| Allianz | $264 | Up to 35 days | 365 days | $10 Million | 90-150 Days Stable (Age Dependent) | Add-on (Comprehensive Pkg) | 15+ days |
| World Nomads (option for nomads) | $197 (Single trip plan) (multi-trip plan not available for Canadian) | — | Up to 365 days (Single trip plan) | $5M – $10M | 90-270 Days Stable (Age Dependent) | Included (Standard & Explorer) | < 66 years old |
| Genki (option for nomads) | Single Trip Plan Only: $271 (Native basic plan: no home country insurance) $86 (Explorer plan: have home country insurance) | — | Native Plan: minimum 1 year, unlimited Explorer Plan: up to 2 years | Native Plan: $1.5 Million(Basic), unlimited(Premium) Explorer: unlimited for basic medical treatment | Native Plan: coverage of pre-existing conditions depends on medical evaluation at sign up Explorer: pre-existing conditions stable for 6 months prior | Not Included | Native: < 56 years old Explorer: <70 years old |
“Please Note:
The table above provides a simplified overview for quick comparison. Stability periods for pre-existing conditions, specific coverage details, eligibility requirements, and exact costs can vary significantly based on your age, trip duration, plan type, and individual circumstances. Always refer to the detailed information for each provider below and carefully review the official policy documents before making any decisions. The ‘Example Cost’ is based on a 37-year-old individual for a 30 day multi-trip basic emergency medical plan and is for illustrative purposes only.”
Comparing Credit Card Insurance Plans
| Credit Card | Annual Fee | Max Trip Duration (Younger Ages) | Medical Coverage | Pre-existing Conditions (Stability – General) | Trip Cancellation/Interruption (Per Person) | Who’s Covered (Age Range) |
|---|---|---|---|---|---|---|
| Rogers Red World Elite | $0 | 10 days | $1 Million | 6-12 Months Stable (Age Dependent) | $1000 / $1000 | 0-75 yrs |
| RBC Avion Visa Infinite | $120 | 15 days | Unlimited | 3-6 Months Stable (Age Dependent) | $1500 / $5000 | Not Specified |
| TD Aeroplan Visa Infinite | $139 | 21 days | $2 Million | 3-6 Months Stable (Age Dependent) | $1500 / $5000 | Not Specified |
| CIBC Aventura Visa Infinite | $139 | 15 days | $5 Million | 3-6 Months Stable (Age Dependent) | $1500 / $2000 | Not Specified |
| National Bank World Elite | $150 | 60 days | $5 Million | 3-6 Months Stable (Age Dependent) | $2500 / $5000 | ≤75 yrs |
| Scotiabank Passport Visa Infinite | $150 | 25 days | $2 Million | 6 Months to 1 year Stable (Age Dependent) | $1500 / $2500 | Not Specified |
| BMO Ascend World Elite Mastercard | $150 | 21 days | $5 Million | 6 Months Stable (Age Dependent) | $1500 / $2000 | ≤64 yrs |
| American Express Platinum | $799 | 15 days | $5 Million | 3 Months Stable (Specific Exclusions) | $2500 / $2500 | ≤65 yrs |
“Please Note: The table above provides a simplified overview for quick comparison of credit card travel insurance benefits. Coverage durations can vary by age, and pre-existing condition clauses are complex and differ significantly between cards. Trip cancellation and interruption coverage have specific terms and maximum limits. Always refer to the detailed information for each credit card plan below and carefully review the official policy documents and cardholder agreements for complete terms, conditions, exclusions, and eligibility requirements. ‘Max Trip Duration’ shown is typically for younger age groups; durations are often shorter for travelers over 65 or 70.”
An important part of deciding whether credit card insurance vs standalone travel insurance in Canada is better suited for you is to consider pre-existing condition restrictions.
Table 1: Pre-existing Condition Comparison – Standalone Travel Insurance
| Insurance Provider | Age Group(s) (years) | Stability Period | Specific Conditions / Notes |
|---|---|---|---|
| Desjardin | 54 and under | 90 days prior | Pregnancy after 32 weeks not covered |
| 55 and over | 182 days prior | ||
| Travelex | 74 and under | 90 days prior | Pregnancy 9 weeks before or after expected delivery date not covered |
| soNomad | 59 and under | 60 days prior | Pregnancy after 26 weeks not covered |
| 60-74 | 90 days prior | ||
| 75 and over | 180 days prior | ||
| Travelance | 59 and under | 60 days prior | |
| 60 to 74 | 180 days prior | ||
| 75 to 89 | 365 days prior | ||
| TuGo | 59 and under (trips ≤ 35 days) | 7 days prior | Pregnancy: 9 weeks before or after delivery not covered |
| 59 and under (trips > 35 days) | 90 days prior | ||
| 60 and over | 180 days prior | ||
| Manulife | Category A | 90 days prior | Pregnancy: 9 weeks before or after delivery not covered |
| Category B & C | 180 days prior | ||
| Pacific Blue Cross | 61 and under OR 61-75 (≤ 30 days incl. Trip Canc./Interruption) | 90 days prior | Pregnancy: within 8 weeks of delivery not covered |
| 61-75 (≤ 30 days excl. Trip Canc./Interruption), 61-75 (> 30 days), 76+ | 180 days prior | ||
| BCAA | 59 and under | 90 days prior | Pregnancy: 9 weeks before or after delivery not covered |
| 60 and over | 180 days prior | ||
| Medipac | All ages | 90 days prior | Pregnancy: 18 weeks before and 9 weeks after expected delivery date not covered |
| Allianz | 64 and under | 90 days prior | Pregnancy: after 31st week not covered |
| 65 and over | 150 days prior | ||
| World Nomads | ≤ 49 | 90 days prior | Pregnancy: 9 weeks before or after delivery not covered |
| 50 to 59 | 180 days prior | ||
| 60 to 65 | 270 days prior | ||
| Genki | Native: < 56 Explorer: <70 | Native: not covered Explorer: 180 days prior | Native Basic: not covered Native Premium: covered with 12 months waiting period Explorer: covered with 10 months waiting period |
Table 2: Pre-existing Condition Comparison – Credit Card Travel Insurance
| Credit Card Provider | Age Group(s) | Stability Period | Specific Conditions/Notes |
|---|---|---|---|
| Rogers Red World Elite MC | 64 and under | 180 days prior | Pregnancy: within 9 weeks of expected delivery date not covered |
| 65 to 75 | 365 days prior | ||
| RBC Avion Visa Infinite | 74 and under | 90 days prior | Pregnancy: within 9 weeks before or after expected delivery date not covered |
| 75 and over | 180 days prior | ||
| TD Aeroplan Visa Infinite | 64 years and under | 90 days prior | Pregnancy: within 9 weeks before or after expected delivery date not covered |
| 65 and over | 180 days prior | ||
| CIBC Aventura Visa Infinite | 64 and under | 90 days prior | Pregnancy: within 9 weeks before or after expected delivery date not covered |
| 65 and over | 180 days prior | ||
| National Bank World Elite MC | 60 and under | 90 days prior | Pregnancy: within first 32 weeks covered; 8 weeks prior to expected delivery date not covered |
| 61 and over | 180 days prior | ||
| Scotiabank Passport Visa Inf. | 75 and under | 180 days prior | Pregnancy: within 9 weeks of expected delivery date not covered |
| 75 and over | 365 days prior | ||
| BMO Ascend World Elite MC | 64 and under | 180 days prior | Pregnancy: within 9 weeks of expected delivery date not covered |
| American Express Platinum | 64 and under | 90 days prior | Pregnancy after first 31 weeks of pregnancy not covered |
Important Notes:
- “Stable” Definition: The definition of “stable” is critical and can vary between insurers. Always refer to the detailed policy wording for the specific definition from each provider. Generally, “stable” means no new diagnosis, treatment, medication changes, hospitalizations, or specialist referrals related to the condition during the stability period.
- Full Policy Documents: These tables are summaries, for accurate and complete details, you must review the full benefit booklet or policy document from each insurance provider.
- Medical Questionnaire: Be aware that some insurers (especially for older travelers or longer trips) require a medical questionnaire. The answers to this questionnaire will directly affect your coverage, particularly concerning pre-existing conditions.
- Optional Benefits: Pacific Blue Cross mentions an “optional pre-existing condition benefit.” This is very important to investigate if you have pre-existing conditions, as it might offer broader coverage but likely at an additional cost.
In-Depth Look at Standalone Insurance
Here are more details regarding each Travel Medical Insurance so you can compare standalone travel medical insurance vs credit card insurance in Canada. For complete information, click the detailed booklet.
Desjardin – detailed booklet
Positive Highlight: Competitive Single-Trip Pricing & Long Multi-Trip Duration
| Eligibility | – Must be a Canadian resident – 15 days old to 80 years old |
| Coverage Duration | For single-trip plans: – 1 year max For multi-trip plans: – 212 days max |
| Amount Covered | $5 million for emergency medical service per insured person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – Ages under 55 years: Stable for 90 days prior – Ages 55 years and over: Stable for 182 days prior |
| Trip Cancellation and Interruption | Included as add-on option: – sum of amount insured |
| Additional Coverage | – Included as add-on option: – Travel accident: $100,000 – Flight accident: $500,000 – Baggage Effects: up to $4500 – Baggage Delay: $500 |
| 24/7 Assistance | Included |
| Cost of Insurance | $107.76 for a basic medical coverage 30-day multi-trip for a 37 years old $883.14 for a basic medical coverage for a 6 months single trip for a 37 years old |
| Who’s Covered | insured person |
Travelex – detailed booklet
Positive Highlight: Competitive Pricing for Single Trip & Includes Terrorism Coverage
| Eligibility | – Canadian resident – Covered by government health insurance plan for the entire trip – at least 30 days old and less than 75 years old – medical questionnaire required of 60 years and older |
| Coverage Duration | – Up to 212 days (single trip), – Up to 30 days per trip (multi-trip) |
| Amount Covered | $5 million per insured person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – Stable for 3 months prior |
| Trip Cancellation and Interruption | – Not Included (Basic Medical Plan) Included (All-Inclusive Plan) – $3500 per trip, max $6000 per policy for trip cancellation and interruption |
| Additional Coverage | Included in All Inclusive only: – Travel accident ($50,000), – Flight accident ($100,000), – Baggage loss ($1000), – Baggage delay ($500) – Terrorism coverage up to $35 million |
| 24/7 Assistance | Included |
| Cost of Insurance | $132.40 for a basic medical coverage 30 days multi-trip for a 37 years old $902.80 for a basic medical coverage 6 months single trip for a 37 years old |
| Who’s Covered | Insured person |
soNomad – benefit booklet
Positive Highlight: Competitive Pricing for Single Trip & Includes Terrorism Coverage
| Eligibility | – Must be a Canadian resident – Be insured by Canadian government health insurance plan for the entire duration of the trip – 15 days old or more (single trip plan) – 15 days old to 85 years (multi-trip plan) |
| Coverage Duration | For single-trip plans: – Ages 59 and under: Max 183 days – Ages 60 to 75: Max 60 days – Ages 76 to 89: Max 16 days For annual plans: – 15 / 30 days per trip emergency medical annual plan |
| Amount Covered | $2 million for emergency medical services |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – Ages 59 and under: Stable for 60 days prior – Ages 60-74: Stable for 90 days prior – Ages 75 and over: Stable for 180 days prior |
| Trip Cancellation and Interruption | – Not Included (Basic Emergency Medical Plan) Included (All-Inclusive Plan) – Sum insured for trip cancellation and interruption $25,000 |
| Additional Coverage | – Included in All Inclusive only: – Travel accident ($50,000) – Flight accident ($100,000) – Trip delay: $2000 – Baggage Effects: $1500 – Baggage Delay: $1500 – Act of Terrorism: $2.5 million |
| 24/7 Assistance | Included |
| Cost of Insurance | $143.73 for a basic medical coverage 30-day multi-trip for a 37-year-old $711.88 for a basic medical coverage for a 6 months single trip |
| Who’s Covered | Insured person |
Travelance – detailed booklet
Positive Highlight: High Medical Coverage & Infant Coverage Included Free
| Eligibility | – Canadian resident – Insured under government health insurance plan – Less than 90 years of age |
| Coverage Duration | Single Trip: – (59 years and less): Up to 1 year – (60 years to 89 years): 60 days Multi-trip Plan: – (69 years and less): up to first 30 days per trip – (70 to 79 years): first 15 days per trip |
| Amount Covered | $10 million |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (59 years and less): Stable for 60 days prior – (60 to 74 years): Stable for 180 days prior (90 days for All-Inclusive) – (75 to 89 years): Stable for 365 days prior (180 days for All-Inclusive) |
| Trip Cancellation and Interruption | Can add-on Trip Cancellation and Interruption or Included (All Inclusive Package) – up to sum insured |
| Additional Coverage | Part of add-on non-medical package or all inclusive package: – Travel accident: $50,000 – Flight accident: $100,000 – Trip delay: $1500 – Baggage insurance: $1500 – Baggage delay: $400 |
| 24/7 Assistance | Included |
| Cost of Insurance | $150 for a basic emergency medical 30 days multi-trip plan for a 37 years old $882 for a basic emergency medical 6 months single-trip plan for a 37 years old |
| Who’s Covered | – Insured person – an infant under 2 years free |
TuGo – detailed booklet
Positive Highlight: Shortest Stability Period Option For Younger Travelers & Unexpected Birth Coverage
| Eligibility | – Canadian resident |
| Coverage Duration | – Up to 1 year (single trip), – Max 60 days per trip for multi-trip plans up to 1 year |
| Amount Covered | $10 million |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (59 years and less and on trips 35 days or less: stable for 7 days prior / on trips 35 days or more: stable for 90 days prior), – (60 years and over: stable for 180 days prior) – pregnancy not covered 9 weeks before or 9 weeks after delivery |
| Trip Cancellation and Interruption | – Not Included (Basic Emergency Medical Plan) Can add-on non-medical package Included (All Inclusive Holiday Package) $25,000 or up to sum insured for trip cancellation or interruption |
| Additional Coverage | – $25,000 for medical expense incurred by your newborn following unexpected birth – Newborn medical expenses ($25,000). Part of add-on non-medical package or all inclusive package: – Travel accident: $25,000 – Flight accident: $100,000 – Trip delay: $900 – Baggage insurance: $1500 – Baggage delay: $200 |
| 24/7 Assistance | Included |
| Cost of Insurance | $182 for a basic emergency medical 30 days multi-trip plan for a 37 years old $535.08 for a basic emergency medical 6 months single-trip plan for a 37 years old |
| Who’s Covered | – Insured person – family and friends plan available cover up to 2 individuals 59 years and less up to 6 dependent children |
Manulife – detailed booklet
Positive Highlight: High Medical Coverage & Unlimited In-Canada Travel Days (Outside Province)
| Eligibility | – Canadian resident – Covered under a government health insurance plan for the entire trip duration – at least 30 days old |
| Coverage Duration | – Up to 1 year (single trip) – Up to 60 days for a multi-trip plan within 1 year (unlimited days within Canada outside the province of residence) |
| Amount Covered | $10 million per insured person |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (Category A) Stable for 90 days prior. – (Category B and C) Stable for 180 days prior. |
| Trip Cancellation and Interruption*** | – Not Included (Basic Emergency Medical Plan) Included (All-Inclusive Plan) – $3500 per trip (single trip) – $3500 per trip max $6000 per policy (multi-trip) |
| Additional Coverage | Included in All Inclusive Package only: – Travel accident ($50,000), – Flight accident ($100,000) – Baggage loss ($1000 single trip, $3000 multi-trip), – Baggage delay ($500) – Family plan available for under 60 |
| 24/7 Assistance | Included |
| Cost of Insurance | $188 for basic emergency medical 30-day multi-trip for a 37 years old $895 for basic emergency medical 6 months single trip for a 37 years old |
| Who’s Covered | Insured person |
Pacific Blue Cross – detailed booklet
Positive Highlight: Free Kids Coverage & Optional 7 Day Pre-existing Condition Add-On
| Eligibility | – Canadian Resident – Covered with government health plan for entire duration of the trip – Any age, but those 61 years and older need to complete Health Declaration form |
| Coverage Duration | – Up to 182 days (single trip), – Max 180 days per trip for multi-trip plans up to 1 year for a multi-trip plan |
| Amount Covered | $10 million for emergency medical services |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (61 years and less or 61 to 75 years for 30 days or less including trip cancellation and interruption) Stable for 90 days prior – (61 to 75 years for 30 days or fewer not including trip cancellation and interruption 61 to 75 years for 31 days or more, 76 years and over ) Stable for 180 days prior – pregnancy within 8 weeks prior to delivery not covered |
| Trip Cancellation and Interruption | – Not Included (Basic Emergency Medical Plan) Can add-on Trip Protection – Trip Cancellation: $1500 to $5000 – Trip interruption unlimited |
| Additional Coverage | Optional Pre-existing 7 days prior add-on Part of add-on trip protection package: – Travel accident and Flight accident ($300,000) – Baggage loss and baggage delay ($500) |
| 24/7 Assistance | Included |
| Cost of Insurance | $201 for basic emergency medical 30 days annual trip for a 37 years old $779 for basic emergency medical 6 months single trip for a 37 years old |
| Who’s Covered | – Insured person – Covers dependents / kids under 21 years old of families for free when one parent or two buys insurance |
BCAA – detailed booklet
Positive Highlight: Long Multi-Trip Duration & Optional 7-Day Pre-Existing Condition Add-On & Pet Coverage
| Eligibility | – Canadian resident |
| Coverage Duration | – up to 365 days (single trip) – up to 365 days (multi-trip) |
| Amount Covered | – $10 Million |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (59 years and less): Stable for 90 days prior – (60 years and over): Stable for 180 days prior |
| Trip Cancellation and Interruption | Included as add-on package: Trip Protection Package – up to sum insured |
| Additional Coverage | Can purchase option for 7 day stability period for $300,000 for pre-existing Condition Pet Coverage available Included in add-on package: Trip Protection Package – Travel accident: $100,000 – Travel delay: $900 – Baggage coverage: $1500 – Unexpected Birth of a Child: $20,000 – Pre-existing Condition Coverage $300,000: Stable for 7 days prior |
| 24/7 Assistance | Included |
| Cost of Insurance | $187.40 for a basic emergency medical 30 day multi-trip plan for a 37 years old $703 for a basic emergency medical 6 months single trip plan for a 37 years old |
| Who’s Covered | – Insured person – Family plan available for 59 years and under for insured person, spouse, dependent children and grandchildren |
Medipac – detailed booklet
Positive Highlight: No Age Restrictions & Family Plans Available (Under 56)
| Eligibility | – Canadian resident – Must be covered under government health insurance plan – No age limit, but those 56 and older or traveling 41 days or more need to fill out medical questionnaire |
| Coverage Duration | – 212 days (single trip) – 33-day (annual plan) |
| Amount Covered | – $2 Million USD (regular plan) – $ 5 Million USD (MedipacPlus and MedipacMax plan) |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – Stable for 90 days prior – Pregnancy: Last 18 weeks or 9 weeks after, child born during the trip not covered |
| Trip Cancellation and Interruption | Only included in MedipacPlus or MedipacMAX: – Trip Cancellation and interruption (Return to Canada Benefit: MedipacPlus: $2000, MedipacMAX $4000) |
| Additional Coverage | Included in add-on MedipacPlus, MedipacMax plan: – Travel accident (MedipacPlus: $5,000, MedipacMax: $10,000) |
| 24/7 Assistance | Included |
| Cost of Insurance | $244.2 for a basic emergency medical 33 day annual plan for a 37 years old $1041.7 for a basic emergency medical 6 months single trip plan for a 37 years old |
| Who’s Covered | – Insured person – Family coverage if under 56 years for insured person, spouse (must be 55 years and less) and children |
Allianz – detailed information
Positive Highlight: High Coverage Amount For Medical
| Eligibility | – Be a Canadian resident – Insured under Canadian government health insurance plan – At least 15 days old |
| Coverage Duration | – Up to 1 year (single trip) – Up to 35 days per trip (multi-trip) |
| Amount Covered | $10 million for emergency medical service |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (64 years or less): Stable for 90 days prior – (65 years or older): Stable for 150 days prior |
| Trip Cancellation and Interruption | Included if choosing the comprehensive package Sum insured for trip cancellation and interruption |
| Additional Coverage | Included if choosing comprehensive package: – Travel accident $100,000 – Travel delay $350 per day up to $1500 – Baggage loss $1000 – Baggage delay $400 |
| 24/7 Assistance | Included |
| Cost of Insurance | $263.8 for a basic emergency medical 35-day multi-trip plan for a 37 years old $955.35 for a basic emergency medical 6 months single trip plan for a 37 years old |
| Who’s Covered | Insured person |
World Nomads – detailed information
Positive Highlight: Specialized for Adventure & Long-Term Travel with High Coverage Options
| Eligibility | – Canadian resident – Covered under government health insurance plan for full duration of travel – less than 66 years old |
| Coverage Duration | – 365 days |
| Amount Covered | – $5 million for standard, – $10 million for explorer |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (≤49 yrs) Stable for 90 days prior – (50 to 59 yrs) Stable for 180 days prior – (60 to 65 yrs) Stable for 270 days prior |
| Trip Cancellation and Interruption | – (standard plan) $2500 for trip cancellation and interruption – (explorer plan) $5000 for trip interruption and interruption |
| Additional Coverage | Covers for 250+ Adventure Activities Standard Plan: – Travel Accident: $10,000 – Flight Accident: $50,000 – Travel delay: $700 – Baggage loss: $1000 – Baggage delay: $100 – Sporting equipment theft: $1000 – Sporting Equipment Delay: $400 Explorer Plan: – Travel Accident: $25,000 – Flight Accident: $100,000 – Travel delay: $1400 – Baggage loss: $3000 – Baggage delay: $500 – Sporting equipment theft: $2500 – Sporting Equipment Delay: $1500 |
| 24/7 Assistance | Included by LiveTravel |
| Cost of Insurance | (multi-trip plan not available for Canadians) $196.07 for standard emergency medical 30 day single trip plan for a 37-year-old $774.07 for standard emergency medical 6 months single trip plan for a 37-year-old |
| Who’s Covered | Insured person |
Genki – detailed information
Positive Highlight: Unlimited Duration Coverage For Nomads
| Eligibility | Native: less than 56 years old Explorer: less than 70 years old |
| Coverage Duration | Native: minimum of 1 year up to unlimited Explorer: up to 2 years |
| Amount Covered | Native: unlimited for basic, $5 million for premium Explorer: unlimited |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | Native: not covered Explorer: not covered for changes 180 days prior |
| Trip Cancellation and Interruption | Not included |
| Additional Coverage | Native and Explorer: cover many sporting activities such as climbing, cycling, diving, hiking, scooter driving, parachuting, sailing, skiing, surfing Native Premium: Pregnancy coverage with 12 months waiting period Explorer: Pregnancy coverage with 10 months waiting period |
| 24/7 Assistance | Included |
| Cost of Insurance | Native: (no home country coverage) $270 per month for basic $390 per month for premium Explorer: (have home country coverage) $86 per month |
| Who’s Covered | Insured person |
In-Depth Look at Credit Card Insurance
Here are more details regarding each Credit Card Insurance so you can compare standalone travel medical insurance vs credit card insurance in Canada.
Rogers Red World Elite Mastercard – detailed booklet
Positive Highlight: No Annual Fee Option
| Eligibility | – Canadian resident – Covered by a government health insurance plan during the entire trip – 75 years or less |
| Coverage Duration | – First 10 consecutive days per trip (0-64 years) – First 3 consecutive days per trip (65-75 years) |
| Amount Covered | $1 million for emergency medical coverage per person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (64 years and less): stable for 6 months prior, – (65 to 75 years): stable for 1 year prior |
| Trip Cancellation and Interruption (must be charge full trip cost to account prior to departure) | – Trip Cancellation: $1000 per person max $5000 – Trip Interruption and Delay: $1000 per person max $5000 |
| Additional Coverage | – Rental car collision/damage insurance (max 31 days) |
| 24/7 Assistance | Included by Allianz Global Assistance |
| Cost of Insurance | No annual fee (comes with credit card) |
| Who’s Covered | – Cardholder – Spouse – Dependent children: 20 years and under, 25 years and under if full time student, 21 years and over if permanently mentally or physically challenged and incapable of self-support – Authorized user |
RBC Avion Visa Infinite – detailed booklet
Positive Highlight: Unlimited Emergency Medical Coverage
| Eligibility | – Canadian resident – Have a valid government health insurance plan |
| Coverage Duration | – First 15 consecutive days for ages under 65; – First 3 consecutive days for ages 65 and over |
| Amount Covered | Unlimited emergency medical coverage |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (<75 yrs): Stable for 90 days prior – (≥75 yrs) Stable for 180 days prior |
| Trip Cancellation and Interruption (trip must be paid in full by card) | – Trip Cancellation: $1500 per trip max $5000 – Trip Interruption: $5000 per trip max $25000 |
| Additional Coverage | – Travel accident ($500,000), – Flight delay($250/day up to $500) – Delayed baggage($250 per occurrence max $500) – Hotel/motel burglary ($2500) – Mobile device ($1500) – Auto rental collision/loss damage (48 days) |
| 24/7 Assistance | Included by AZGA Service Canada |
| Cost of Insurance | Annual Fee $120 |
| Who’s Covered | – Cardholder – Spouse – Dependent children under 21 years or age, or under 26 if full-time student, or any age if mentally or physically disabled |
TD Aeroplan Visa Infinite – detailed booklet
Positive Highlight: Longer Trip Duration for Younger Ages
| Eligibility | – Canadian resident – covered under a Government Health Insurance Plan |
| Coverage Duration | – First 21 consecutive days for ages 64 and under – First 4 consecutive days for ages 65 and over |
| Amount Covered | $2 million for medical emergency coverage per insured person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | (64 years and less): stable for 90 days prior, (65 years and older): stable for 180 days prior |
| Trip Cancellation and Interruption (at least 75% of cost must be charged to card) | – Trip Cancellation: $1500 per person (max $5000) – Trip Interruption: $5000 per person (max $25000) |
| Additional Coverage | – Travel accident common carrier Insurance: $500,000 – Flight Delay: $500 – Lost or Stolen Baggage: $1000 – Delayed Baggage: $1000 – Hotel Burglary Insurance: $2500 – Car Rental Collision / Loss Damage Insurance: 48 days |
| 24/7 Assistance | Included |
| Cost of Insurance | Annual Fee $139 |
| Who’s Covered | – Primary cardholder – Spouse – Dependent children – Additional cardholder |
CIBC Aventura Visa Infinite – detailed booklet
Positive Highlight: High Medical Coverage Amount
| Eligibility | – Canadian resident – at least 75% of ticket price need to be charged to card |
| Coverage Duration | 15 days for 64 years or less, 3 days for 65 years or over |
| Amount Covered | $5 million per person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | Stable for 90 days prior for 64 years or less Stable for 180 days prior for 65 years or over |
| Trip Cancellation and Interruption | Trip Cancellation: $1500 per person per trip max $5000 Trip Interruption: $2000 per person per trip |
| Additional Coverage (at least 75% of ticket must be charged to card) | – Common Carrier Accident Insurance: $500,000 – Flight Delay: $500 – Lost or Stolen Baggage: $500 per person max $1000 – Delay Baggage: $500 per person max $1000 – Hotel Burglary Insurance: $2500 – Mobile Device Insurance: $1000 – Car Rental Collision / Loss Damage Insurance: $65,000 for rental period of 48 days |
| 24/7 Assistance | Included by Global Excel |
| Cost of Insurance | Annual Fee $139 |
| Who’s Covered | – Cardholder – Spouse – Dependent children |
National Bank World Elite Mastercard – detailed booklet
Positive Highlight: Longest Trip Duration for Younger Ages (Credit Card Group)
| Eligibility | – Canadian resident – under 76 years of age |
| Coverage Duration (if trip duration is longer than the max number of days permitted, no coverage will be offered for this trip) | – 60 days for ages 54 and under – 31 days for ages 55-64 – 15 days for ages 65-75 |
| Amount Covered | $5 million per insured person per trip for emergency medical care |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | – (60 years and less): stable for 3 months prior, – (61 years and over): stable for 6 months prior |
| Trip Cancellation and Interruption | – Trip cancellation: $2500 per person per trip – Trip interruption: $5000 per person |
| Additional Coverage | – Flight Delay Insurance: $500 – Loss, Stolen, Damaged Baggage: $1000 – Delayed Baggage: $500 – Hotel Burglary Insurance: – Car Rental Collision / Loss Damage Insurance: (up to $65,000 for 48 days or less) – Mobile device insurance up to $1000 for max 2 years |
| 24/7 Assistance | Included |
| Cost of Insurance | Annual Fee $150 |
| Who’s Covered | – Cardholder – Spouse – Dependent Child or child born during a trip in the first 32 weeks of pregnancy |
Scotiabank Passport Visa Infinite – detailed booklet
Positive Highlight: Generous Trip Duration & No Foreign Transaction Fee
| Eligibility | – Canadian resident – Covered by Government Health Insurance Plan |
| Coverage Duration | – First 25 consecutive days for 64 years and less – First 3 consecutive days for 65 years and over |
| Amount Covered | $2 Million per insured person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | (75 years and less): 180 days prior (75 years and older): 365 days prior |
| Trip Cancellation and Interruption (Charge at least 75% of trip to card) | Trip Cancellation: ($1500/person up to $10,000 max). Trip Interruption: ($2500/person up to $10,000 max). |
| Additional Coverage | – Travel Accident: $500,000 – Flight Delay Insurance: $500 – Baggage Loss, Stolen, Damaged, Delayed Insurance: $1000 – Hotel Burglary Insurance: $1000 – Car Rental Collision / Loss Damage Insurance (up to 48 days, up to $65,000) – No foreign transaction fee |
| 24/7 Assistance | Included |
| Cost of Insurance | Annual Fee $150 |
| Who’s Covered | – Cardholder – Spouse – Dependent children |
BMO Ascend World Elite Mastercard – detailed booklet
Positive Highlight: Good Medical Coverage & No Charge to Card Required for Medical
| Eligibility | – Canadian resident – Covered by Canadian Government Health Insurance Plan during the entire trip – 64 years old or less – trip does not need to be charged to card for emergency medical benefits |
| Coverage Duration | First 21 consecutive days |
| Amount Covered | $5 Million per insured person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions | Stable for 180 days prior |
| Trip Cancellation and Interruption | Trip Cancellation: $1500 per person per trip max $5000 Trip Interruption $2000 per person per trip max $10,000 |
| Additional Coverage | – Common Carrier Insurance: $500,000 – Flight Delay Insurance: $500 per trip – Baggage Loss, Stolen, Damaged Insurance: $500 per person max $1000 – Baggage Delay: $500 per person max $1000 – Hotel Burglary Insurance: $1000 – Car Rental Collision / Loss Damage Insurance (up to 48 days, up to $65,000) |
| 24/7 Assistance | Included |
| Cost of Insurance | Annual Fee $150 |
| Who’s Covered | – Cardholder – Spouse – Dependent children |
American Express Platinum – detailed booklet
Positive Highlight: Higher Trip Cancellation / Interruption Coverage
| Eligibility | – Canadian resident – Less than 65 years old |
| Coverage Duration | First 15 consecutive days of a trip |
| Amount Covered | $5 million per insured person per trip |
| Medical Evacuation and Repatriation | Included |
| Pre-existing Conditions Stability Period Before For Coverage | – Stable for 90 days prior to departure Heart condition: using nitroglycerin more than once per week; Lung condition: treated with home oxygen or taking oral steroids |
| Trip Cancellation and Interruption | Trip Cancellation: $2500 per person ($5000 for all insured persons); Trip Interruption: $2500 per person ($6000 for all insured persons) |
| Additional Coverage | – Travel accident insurance: $500,000 – Baggage loss coverage: $1000 – Baggage delay coverage: $1000 – Rental car collision/damage insurance: $85,000 for rentals of 48 days or less – Emergency dental coverage: $1000 – Hotel burglary insurance: $1000 |
| 24/7 Assistance | Included provided by Global Excel |
| Cost of Insurance | Annual Fee $799 |
| Who’s Covered | – Cardholder – Spouse – Dependent children |
Final Verdict: Credit Card vs Standalone Travel Insurance in Canada
Still Confused? Here’s a Quick Guide: Which Travel Insurance is Right For You?
| Traveler Profile | Recommended Insurance | Key Benefit |
|---|---|---|
| Budget-Conscious, Short Tripper (Under 15 Days) | Credit Card Insurance | Convenient, ‘Free’ Basic Coverage |
| Standard Vacationer (1-3 Weeks) | Consider Both | Credit Card (Convenience) or Standalone (Coverage & Pre-existing) |
| Extended Traveler/Snowbird (Over 3 Weeks) | Standalone Insurance | Longer Trips, Comprehensive Coverage, Pre-existing Condition Options |
| Traveler with Pre-existing Conditions | Standalone Insurance | Flexible Coverage, Manage Stability Periods |
| Family Traveler | Standalone Insurance | Family Plans, Higher Coverage, Potential Free Child Coverage |
| Adventure/Activity Seeker | Standalone Insurance | Specialized Activity Coverage, Higher Medical Limits |
Still Undecided? Here’s a Concise Decision Guide:
Ask yourself: “Which traveler profile best describes me?”
✅ Choose Standalone Travel Medical Insurance If: (For Comprehensive Protection & Longer Trips)
- ✅ Long Trips (25+ Days): Scenario: 2-month SE Asia trip – credit card may leave you uninsured. Ideal For: Extended Vacations, Snowbirds, Long-Term Travel
- ✅ High Medical Needs: Scenario: Serious accident in USA – bills can be huge. Ideal For: Risk-Averse, High-Cost Destinations, Max Protection
- ✅ Pre-existing Conditions: Scenario: Managing heart disease – standalone offers better options. Ideal For: Anyone with Pre-existing Conditions, Seniors
✅ Choose Credit Card Travel Insurance If: (For Basic Coverage & Short Trips)
- ✅ Short Trips (Under [Max Days]): Scenario: 3-day NYC weekend – convenient, basic coverage. Ideal For: Quick Getaways, Weekend Trips, Budget Short Trips
- ✅ Sufficient Existing Health Coverage: Scenario: Young, healthy, good work benefits – credit card as a top-up. Ideal For: Healthy Individuals, Low-Risk Tolerance (Short Trips)
- ✅ Want “Free” Convenience: Scenario: Value simplicity, don’t want to research – set-it-and-forget-it basic safety net. Ideal For: Convenience Seekers, “Free” Basic Coverage, Infrequent Short Trips
Make Your Choice:
Credit card insurance is convenient for basic, short-trip coverage. For anything beyond that – longer trips, serious medical needs, pre-existing conditions – standalone insurance is the more robust and recommended choice.
Your Action Checklist:
- ✅ Trip Length? (Short or Long)
- ✅ Medical Needs? (Healthy or Pre-existing)
- ✅ Desired Coverage Level? (Basic or High)
- ✅ Trip Cancellation Important?
- ✅ Review Credit Card Benefits (Fine Print!)
- ✅ Compare Standalone Options (Tables in this Guide)
- ✅ Read Policy Documents (Crucial!)
- ✅ Get Quotes & Purchase
📌 Remember: Fine print matters! Don’t assume you’re covered.
When planning your next trip, besides travel insurance, make sure to read up on other important topics such as blood clot prevention on long flights, mosquito prevention and how to avoid traveler’s diarrhea!
Important Disclaimer: While every effort has been made to ensure the accuracy of the information presented in this blog post, travel insurance policies are complex and constantly evolving. Details such as coverage, pre-existing condition clauses, stability periods, and costs are subject to change by insurance providers. Errors or omissions may occur. This comparison is intended as a general guide only and does not list all details of every policy. Before making any decisions about travel insurance, it is essential to carefully review the official policy documents and benefit booklets provided by the insurance companies themselves. This information is not financial or legal advice.