Before You Travel > I would like to purchase some insurance that will cover my medical or travel expenses if I contract COVID-19 in my destination or have to self-quarantine. How much coverage should I purchase?

I would like to purchase some insurance that will cover my medical or travel expenses if I contract COVID-19 in my destination or have to self-quarantine. How much coverage should I purchase?

posted on 12:59 PM, August 11, 2021

Firstly, you need to check with your provider to see if their product covers just emergency medical claims or if it also includes cancellation or interruption coverage as well.  Some products may offer one but not both.  Having some amount of coverage for COVID-19 is obviously better than having no coverage while you are travelling.  How much is enough depends on many factors particular to your circumstances, such as where you are travelling, what your travel expenses are and what might happen to you when you get there.  The risk of incurring large medical expenses is greater in countries with higher active COVID-19 case-counts, more active variants and/or higher costs for medical services.

Examples:

  • A 10-day hospitalization in the Intensive Care Unit on a ventilator in Miami, Florida could easily run up a bill exceeding USD$ 500,000. COVID-19 patients in severe respiratory failure may need ECMO (Extracorporeal Membrane Oxygenation) with costs that could easily exceed $1,000,000.
  • The cost to get you back to Canada following a COVID-19 emergency could be as low as a few hundred dollars for a one-way return flight (if you have no symptoms and can provide the airline with a negative COVID test) or it could be tens of thousands of dollars for a more expensive return with medical assistance or on an air ambulance. If you need a hospital bed upon your return, there could be delays finding a bed due to the strain COVID-19 has placed on our healthcare system.

KNOW YOUR POLICY – Contact your provider for more details.