Travelling Abroad | Page 2 | General financial discussion | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Travelling Abroad
April 8, 2018
5:56 pm
Top It Up
Member
Members
Forum Posts: 929
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline

I never purchase trip insurance per se, only travel health insurance, so I'm curious what's covered off in the $500,000? And if it's not prying what was the premium cost for that coverage?

April 8, 2018
6:35 pm
Bill
Member
Members
Forum Posts: 1150
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

She was a public sector worker, it's included in her pensioner's health care/drug plan that she pays for every month off her pension cheque. It's pretty comprehensive, lists everything that might cost you if you are hospitalized or need health care while travelling. She was wondering only about the amount as I told her someone here said you need $1 million.

April 9, 2018
5:17 am
Top It Up
Member
Members
Forum Posts: 929
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline

$1 Million seems excessive unless say you're a family of 8 travelling together. I think it's age and circumstance dependent but I wonder how much additional coverage travellers buy for say loss of life or limb coverage - coverage they don't normally have in their everyday lives, at home.

April 9, 2018
5:30 am
Top It Up
Member
Members
Forum Posts: 929
Member Since:
December 17, 2016
sp_UserOfflineSmall Offline

For me, I can't stress strongly enough the advantages of dealing with a BIG 5 bank, particularly when it comes to travel.

In the case of CIBC, offering services like Apple Pay, immediate text and email alerts of account activity and NOW, posting real time credit card transactions to my account adds to a more secure travel experience for me - that security means more to me than any savings on the Fx fee free credit cards currently offered in the market.

April 9, 2018
8:11 am
Bill
Member
Members
Forum Posts: 1150
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

Thanks, Top it Up, I thought $500K was lots but I'm not really up on this topic.

April 11, 2018
3:27 pm
Save2Retire@55
Member
Members
Forum Posts: 462
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

Top It Up said
For me, I can't stress strongly enough the advantages of dealing with a BIG 5 bank, particularly when it comes to travel.

In the case of CIBC, offering services like Apple Pay, immediate text and email alerts of account activity and NOW, posting real time credit card transactions to my account adds to a more secure travel experience for me - that security means more to me than any savings on the Fx fee free credit cards currently offered in the market.  

My MBNA MasterCard has the real time credit card transactions for years. I know it is owned by TD but not really a big 5 bank thing. Also, it fails when it comes to alerts. Received my Fido MasterCard just today and going to see how it behaves in Europe next month.

No permission to create posts

Please write your comments in the forum.