October 28, 2005 – 41 per cent of Canadians unnecessarily put themselves at risk by not always purchasing travel insurance when they are travelling out of the country according to a poll conducted on Kanetix® (www.kanetix.ca) in October.
When asked, “Do you purchase travel insurance when travelling out of country?” only 59% of respondents answered ‘Always’.
“The majority of Kanetix visitors know that travel medical insurance is a must-have when travelling outside of Canada,” said Gregory Ellis, Co-founder of Kanetix. “However, the poll also showed that 18% of Canadians only sometimes buy travel insurance and another 23% never do. Travelling without travel insurance is risky and unnecessary since it takes little effort to compare quotes from competing companies and costs so little to get.”
Travel medical insurance – a must have for Canadians
The provincial or territory health insurance plans we all enjoy usually only cover a portion, if any, of our medical expenses when we travel outside of Canada – up to the amount it would have cost for the same emergency medical attention in your home province. Many emergency health care services outside of Canada cost much more than your provincial health insurance pays if they’re covered. You will be responsible for paying the amount not covered by your province’s health insurance plan. That’s why, even your provincial health care plans often recommend you get private travel medical insurance when heading out of the country.
Travel health insurance – compare quotes from competing companies
Through Kanetix.ca, travellers can easily get travel insurance quotes online for up to 6 people going away on a single trip or for multiple trips throughout the year. Single trip policies provide coverage for a specific set of days with known departure and return dates, while multiple-trip policies mean you will have travel insurance coverage for every trip you take within the year for one annual rate. Quotes for annual policies through Kanetix are available in 15-day and 30-day periods.
There are also options in the level of coverage available. Kanetix visitors can choose from quotes for basic coverage that covers the essentials to one that offers more benefits and options. Visitors can review the highlights of each before purchasing so they are comfortable with the level of coverage they will have before traveling.
About Kanetix
Launched in October 1999, Kanetix is Canada's leading national, online insurance marketplace. The Kanetix insurance information and shopping service brings consumers and insurance companies together in a one-stop shopping environment. Each day, thousands of consumers visit the Kanetix website at www.kanetix.ca to compare insurance quotes from a variety of Canadian insurance companies. Users can select the insurance quote of their choice and choose to complete the application for coverage online or purchase their policy over the phone.
In addition to the insurance marketplace, Kanetix is a leading provider of online insurance quotation technology and develops online quotation systems and websites for some of Canada's leading insurance providers.
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