For Canadians who enjoy frequent travel outside Canada, multi-trip, or annual travel insurance plans are an ideal option. They last for 12 months and allow unlimited travel. However, these plans have regulations:
- There's a maximum length of time they will cover you each time you leave your home province
- You must return to your home province for the plan to reset
Recently our client was struggling with the cost and inconvenience of her travel plan. MMHI was able to save thousands on the cost of travel insurance with a multi-trip plan.
Problem: Changing Travel Plans to Comply with the Insurance
Barb is a BC resident who spends her winters in Arizona where she can enjoy good weather and year-round golf. She also has family in Calgary and visits them periodically during the winter months. In past years, she has had to make adjustments so the travel insurance plan would work for her. She would either extend her insurance to cover the time spent outside BC, or take unwanted detours back to her home province so her plan would reset.
Barb's travel insurance was costing her upwards of $4,000 per winter season.
Solution: A Robust, Tailored Travel Plan
MMHI represents many carriers; we sourced a plan that better suited her travel itinerary. The new plan allows for unlimited travel of up to 35 days at a time. It resets each time she re-enters Canada, not her home province.
The result? Savings of over $2,000.
And a far more relaxing travel schedule, as she can avoid unnecessary trips back to British Columbia.
Adjust Your Insurance, Not Your Itinerary
You need insurance that fits with your travel plans, instead of adjusting your plans to fit your insurance. This is a key benefit of working with a broker. Our certified travel advisors have in-depth knowledge of products offered by many national carriers. This means we can better serve our clients, like Barb. They save time and money—that they can spend on more enjoyable things, like golf.
Take a closer look at our travel insurance options.