Travel Insurance for Domestic Trips

The Financial and Consumer Services Commission of New Brunswick reminds New Brunswickers choosing to vacation within Canada that travel insurance is an important consideration for their trip within the country. 

Although Canada has universal public health care, coverage by provincial health plans can vary from province to province. New Brunswickers traveling outside the province might find that some costs, like ambulance services and prescription drugs, may not be fully covered or may require payment upfront. 

New Brunswickers could also face significant out-of-pocket expenses for medical bills, especially if they need to be transported to a different facility. Travel insurance can help by covering the gaps to minimize costs in the event of a medical emergency. 

When planning any travel, consider the following:

• Emergency medical coverage: New Brunswick’s provincial health plan may not cover all medical costs in another province. Travel medical insurance may provide protection against unexpected expenses, like ambulance service or prescription medication. 
• Trip cancellation or interruption coverage: Many travel insurance policies protect against trip cancellations, interruptions, lost or damaged luggage and changed plans. Travel insurance can minimize the stress of these unforeseen events and assist in getting refunds on plane tickets, car rentals and hotel stays. Always check the specific policy to know what is covered. 
• Credit card or employer benefit plan coverage: Travel insurance through a credit card or employer benefit plan varies significantly from one policy to another. Coverage may be limited or there may be restrictions on eligibility. Supplemental travel insurance may be helpful in cases where New Brunswickers are unsatisfied with their existing coverage. 
• Peace of mind: Having the right travel insurance can provide reassurance, allowing New Brunswickers to relax and enjoy their trip without worrying about unexpected costs or disruptions.

As with any insurance product, the Commission encourages New Brunswickers to ensure their financial professional is licensed and to regularly review their policies and make sure they have the right coverage for their needs.