See what drives a travel medical premium, and how an insurer's policy differs from the coverage bundled with a credit card.
Est. policy premium
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Cost per day
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Age loading
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Claim confidence
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Coverage & claim outlook High
How this works. Travel premiums are driven mainly by how long you are away and how much
coverage you buy, but destination and age matter too (a U.S. hospital stay can run 10–20× the Canadian
cost, and travellers over 65 pay much more). Because every policy carries a flat processing fee, a 30-day trip
does not cost three times a 10-day trip; the blue curve stays below the "strictly proportional" line.
A credit card's bundled coverage is issued automatically with no medical evidence and is underwritten only at
claim time, so a claim tied to a pre-existing condition may be voided; the outlook panel shows how that risk shifts.
Figures are anchored to the manual's example: a deluxe 21-day trip outside Canada costs about $554 at age 40 and $698 at age 60.
Educational illustration of standard Canadian insurance concepts. Figures are illustrative, not an insurer’s rates.
Illustration only, not a quote or advice. Figures are simplified for education and do not
reflect any specific insurer's rates. Consult a licensed advisor.