Travel Insurance

Travelling Canadians Plan Overview

Whether you are travelling outside your province or Canada, travel Insurance plans are designed to help protect you against the cost of unexpected emergencies that may occur before or during your trip.

Your government health insurance plans may only cover a fraction of healthcare expenses incurred outside Canada, and may only provide limited coverage if you’re travelling in another province. Unfortunately, Illness, accidents and other covered events are all-too-common and could cause you to disrupt your travel plans and leave you facing large unforeseen out-of-pocket expenses.

Tax Advantages

Are there any added benefits?

The Canada Revenue Agency permits interest deductions on legitimate business loans, which can be financed through your banking plan.

Businesses understand the importance of liquidity, but surplus cash often sits in a bank account, earning minimal returns and being subjected to high tax rates. Business owners cannot afford to risk this cash in the market, fearing market crashes or the need for immediate liquidity.