Deciphering travel insurance

by Lawrence Ferron

The problem with medical stability periods clauses

Most all travel insurance policies require travelers to be ‘medically stable’ for a certain period of time prior to their trip departure date. Depending on your age and health status, stability periods can be three, six or even, as long as, 12 months. 

This means that there can be no changes to your health status or with any medication(s) you take. Failure to disclose any change, such as being prescribed a new medication or even a change in dosage, could render your policy null and void, resulting in the denial of a claim. Even a medical test will deem you medically unstable, such as an electrocardiogram (ECG or EKG).

Some Canadians choose not to see their doctor prior to traveling to avoid being treated, having a test done, or being prescribed a new medication. However, this doesn’t solve the problem of stability periods, and it creates a health risk. A lack of timely treatment for medical issues can lead to bigger problems than being ineligible for travel insurance coverage.

Travel insurance with no medical stability period exclusions

ClearCompare.ca, a Canadian insurance provider, offers Canadians with pre-existing medical conditions the opportunity to secure personalized travel insurance that matches their specific health circumstances.

Clear Compare’s proprietary medical assessment technology can provide coverage for over 1,300 medical conditions including transplants, epilepsy, stroke, heart conditions, diabetes, and cancer. All without medical stability period limitations and/or exclusions.

You can apply for complete coverage even with recent changes in your health status or medication(s), backed by leading, brand name insurance companies, including Manulife and AIG. 

Author: Lawrence Ferron

With over twenty-five years of experience in financial services, Lawrence Ferron had held senior executive positions at leading Canadian financial institutions. Prior to founding Clear Compare insurance, he was Vice President and Head of Product & Marketing for Manulife’s direct-to-consumer Insurance division.

Why choose Clear Compare

Compare plans and save

We do the hard work for you, so you can compare plans and premium rates to get a policy that meets your needs, at the best value.

Expert advice and service

Our experienced Clear Compare advisors are dedicated to looking after your best interests with expert, un-biased advice without fees or sales pressure.

Coverage that comes with confidence

One size doesn’t fit all when it comes to insurance. We’ll work with you to tailor a solution to suit your unique needs for confident protection when you need it most.

Keep me up to date on the latest news and offers.

Subscribe now

If you have questions or would like assistance please call 416-814-5591 and an experienced Clear Compare advisor will be happy to help - without any sales pressure, they're not on commission.
ALMOST THERE