A Unique Approach to Travel Health Coverage

posted Oct 24, 2013, 1:26 PM by Janelle deRocquigny   [ updated May 8, 2014, 8:46 AM ]

Over the years I have seen clients develop and implement great retirement plans that incorporated travel into their yearly priorities. Unfortunately, for some clients, their travel plans were cut short because they could no longer qualify for travel health coverage or the coverage became too expensive because of declining health.

When you’re young, you often don’t think of health or illness. But once you reach the ages between 50 and 65, serious health conditions are more likely to start appearing. The most common conditions can make you ineligible to purchase travel medical insurance or may carry a hefty premium for coverage. This is where Travel80 Term Travel Insurance works to your advantage.

 Manulife has recently developed travel health coverage that can help clients overcome this potential risk to their travel goals. The product is called Travel 80.

Manulife Financial now offers a multi-year long term travel medical insurance plan that has a $5 million lifetime maximum and is guaranteed renewable every year until you reach the age of 80. It is ideal for anyone who loves to travel and is concerned with financial and retirement planning.

Once your application is approved, your Travel80 policy is guaranteed renewable every year until you turn 80 regardless of any changes in your health status. It will protect you year after year allowing you to take as many 30-day trips as you want provided that your Canadian provincial/territorial health insurance coverage remains in effect. If you travel for more than 30 days, you can always top-up your coverage for the extra days without having to meet any eligibility criteria. Please contact us for further details about policy benefits, conditions and exclusions.

With Travel80, you’ll enjoy having a policy with no deductibles plus:

  • Annual premiums will be based on your age at the time Manulife Financial receives your application.
  • Manulife Financial will return 50% of the premium you paid if you remain claim-free for 10 consecutive years.
If you have any questions or would like to discuss this further, please contact the office at 204.977.8022 or jderocquigny@assante.com