Travel insurance is a must-have for Mississauga and Toronto residents who value stress-free travels, yet countless myths still keep Ontarians underprotected or overspending on their vacations. As a local insurance broker who’s heard it all, it’s time to set the record straight on Canadian travel coverage—so your next dream trip doesn’t turn into a nightmare.
Top Travel Insurance Myths Debunked
Myth 1: OHIP or Provincial Health Fully Covers Me on Trips
Many Ontario travellers believe OHIP will cover all out-of-province or out-of-country emergencies. In reality, OHIP offers only minimal reimbursement outside Ontario, and even less once you cross international borders—covering as little as 10% of foreign medical costs. Even within Canada, ambulance fees, prescription medication, and specialized procedures may not be covered without travel insurance.
Myth 2: My Credit Card Insurance is Enough
While many credit cards offer some travel coverage, their policies are often limited by trip length, eligible medical expenses, and pre-existing condition exclusions. Relying solely on this “free” coverage can leave travelers exposed to crippling bills in the event of serious illness or trip interruptions.
Myth 3: I Can Buy Travel Insurance at the Last Minute
Waiting until right before your departure is risky. Some coverages (like trip cancellation) require purchase at booking, not just before you board a plane. Plus, buying late may exclude coverage for known events (such as travel advisories or natural disasters already in the news).
Myth 4: Pre-Existing Medical Conditions Aren’t Covered
Many believe that if you have a pre-existing condition, you’re automatically ineligible for travel insurance. In fact, many plans in Mississauga and Toronto do cover stable pre-existing conditions—provided you meet “stability period” requirements (e.g., no significant changes for 90 days before travel). Always disclose your medical history fully to avoid problems with future claims.
Myth 5: Travel Insurance Is Too Expensive
Skimping on insurance might seem frugal, but even a single medical emergency abroad can be financially devastating. Local brokers frequently have access to multi-insurer quotes, can explain all discounts, and customize coverage—sometimes for less than you expect, especially for frequent travellers or families.
Why Choose a Local Mississauga or Toronto Insurance Broker?
Expert advice tailored to Ontario and GTA nuances
Personalized policy reviews and claim support
Access to all top Canadian travel insurers (not just one brand)
Advocacy when you need help with claims or emergencies
Frequently Asked Questions (FAQ)
Do I need travel insurance when travelling within Canada?
Yes. Provincial health care doesn’t cover all expenses outside Ontario. Things like ambulance services and certain prescription drugs may not be reimbursed. Travel insurance fills those gaps.
Are pre-existing conditions ever covered?
Often, yes! As long as your condition is “stable” for a set period before travel (commonly 3-6 months), many policies offer coverage. Always ask your broker about the details.
How do I get the best travel insurance rates in Mississauga or Toronto?
Work with a local broker—they compare policies from multiple insurers to get you the best rates, coverage, and eligibility for discounts.
Can I add extra coverage after buying a basic plan?
Yes. You can often “top up” for extra trip duration, higher coverage limits, or to cover risky activities. Your broker can help update your policy based on your travel plans.
Need Guidance?
Consult a licensed insurance broker based in Mississauga or Toronto for tailored advice and competitive quotes. They’ll help you avoid gaps in coverage and make sure you’re protected wherever your next adventure takes you.