Canada’s best credit cards for travel insurance

May 24 02:05 2019 Print This Article

These days, nearly all credit cards include some kind of travel insurance. Like purchase protection, it’s an easy add-on to entice customers, but savvy Canadians know that not all insurance is created equal. Most travellers really only need to consider a few kinds of coverage: emergency medical, trip cancellation or interruption, and theft or baggage loss. As to which travel credit card offers the right combination of features for you—that will depend largely on the type of traveller you are and the perks you’re most likely to use.

The best travel insurance credit cards in Canada

Scotiabank Passport Visa Infinite Card — Best for frequent flyers

BMO World Elite MasterCard — Best for medical insurance

National Bank World Elite Mastercard — Best for snowbirds and seniors

BMO CashBack World Elite MasterCard — Best for road travel

Read More

About Article Author

Money Sense

MoneySense is a Canadian personal finance and lifestyle magazine published by Rogers Publishing Limited, a division of Rogers Communications.Written for Canadians who want to take financial control of their lives, MoneySense is Canada's best-selling investment and lifestyle magazine, helping readers make smart, informed decisions about how to get the most from their money. The magazine has received many awards, including multiple National Magazine Awards and CFA Society Toronto Awards.

Related Items

The External Sector And Financial Crises

If we look at the full history of financial crises around the world, one could argue that crises related to external debt and/or fixed exchange rates are dominant. Such crises could represent an entire chapter of this book. However, I will only offer a brief overview of the subject. From the perspe ...

CalPERS to Divest From Private Prisons?

Chief Investment Officer reports CalPERS board member and State Controller Betty Yee says it may be time for the retirement system to cut its holdings in companies running private prisons, a major reversal for the influential California politician who has previously sided against divestment:Yee’s ...

5 Reasons to Switch to a Robo-Adviser

If the term robo-adviser conjures up images of C-3PO controlling your money, relax: we’re not robots. So, why are Canadians making the switch to a robo-adviser? We leverage technology to create a modern online experience for the benefit of our clients. “Robo-adviser” is a recent term, used to ...

More Alternatives To Vanguard’s Asset Allocation ETFs

In my recent blog post, Breaking Up With Your Vanguard Asset Allocation ETF, I shared a 5-ETF portfolio you could consider for your RRSP accounts: Relative to a simpler, one-fund solution, it could reduce your product costs and foreign withholding taxes by up to 0.37%. That said, it also could add ...

Agree or Disagree Round Table | My Trading Routine | MWL (07.18.19)

Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Here is a link to today's show. Our show is devoted to technical analysis of the stock market with live market updates and analysis of hot symbols. The show runs throughout the d ...

What Do Workers Want, Really?

When I speak to employer groups about the future of work, they are often keen to know what they should do to both attract and hold on to workers. In tight markets, that often means attract anyone, anyone at all, they are not fussy. Still, even in markets where unemployment rates are relatively high ...

CM.PR.O : No Conversion to FloatingReset

The Canadian Imperial Bank of Commerce has announced: that, during the conversion notice period which ran from July 1, 2019 to July 16, 2019, 350,312 Non-cumulative Rate Reset Class A Preferred Shares Series 39 (Non-Viability Contingent Capital (NVCC)) of CIBC (the “Series 39 Shares”) were ten ...

Unboring

On Tuesday a dude named Ziggy sent the following in to the Salt Spring Exchange, which is a Kijiji-kinda thing serving that weird little island community between Vancouver and Victoria. Let us pray that he’s just one isolated delusional, greedy goof. Tent with bed on private property$40/night ...

The Unsung Hero of Canadian Transportation: The Great Lakes-St. Lawrence River Waterway

Our member, Chamber of Marine Commerce, has shared with us their insights on the safe, efficient and environmentally smart use of marine transportation. ...

Trump’s racist comments and rally chants ‘completely unacceptable’: Trudeau

Prime Minister Justin Trudeau took a tougher stance Thursday on racist comments made by U.S. President Donald Trump and the similar chants that his supporters made at a campaign rally just days afterwards. “I think the comments made were hurtful, wrong and completely unacceptable,” Trudeau told ...

Canada’s best Mastercard credit cards 2019

As one of the top credit card processors in the world, Mastercard is both extremely popular and also nearly universally accepted. For those already banking at BMO Bank of Montreal, a major Canadian bank that associates with Mastercard, these cards may offer all the perks you’re after along with o ...

Adding a Single Rule to a Lazy Portfolio Isn't Good Enough

Bolting just one step onto Lazy Portfolios lifts their gains. But that isn’t all investors want. Let’s build a superior strategy that’s still simple. • The noted academics Fama & French have demonstrated that ‘factors’ exhibit predictive power. It’s about time portfolios for individ ...

Netflix (NFLX) Gets Crushed And Here Was Our Clue

Special Note I'm on vacation this week so I'm writing brief articles and in a different format.  There will be no article tomorrow, Friday, July 19th. Netflix (NFLX) Hammered In After Hours Despite topping both revenue and EPS estimates, NFLX is trading lower by nearly 11% this morning as subs ...

July 18, 2019

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 % ...

GMP Securities reveals its top Canadian Health Care and Tech picks

Looking for a stock that will gain at least 20 per cent over the next year? Look no further than GMP Securities. On Wednesday, GMP released a list of its highest conviction ideas in numerous sectors, including Technology and Healthcare where the bank has nine such stocks. “How the world has chang ...