INFOGRAPHIC: Busting The Top Travel Insurance Myths

Packing your bags for a long-awaited late summer vacation? Don’t leave home without the right travel insurance! Getting sick or injured in another country – or even out of your home province – can cost tens of thousands of dollars – yet 36 per cent of vacationers say falling ill isn’t a major concern.

While travel insurance may seem an annoying add on, paying an arm and a leg for foreign medical care will make you feel really sick. Check out the infographic below, the latest edition of’s Cost Of study, to bust the biggest misconceptions about travel insurance, and how you can save on your premiums.

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Clarifying the top travel insurance misconceptions

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Save even more on your travel costs! Renting a car while out of town? Check with your credit card company before signing on the dotted line. MBNA options like the Smart Cash® MasterCard® Credit Card or Platinum Plus® MasterCard® Credit Card offer car rental insurance, meaning you’re already covered. Plus, apply before August 31, and will send you a free $100 gift card when approved!

About’s Cost Of Series’s “Cost Of” series, breaks down the real financial impact of everyday expenses facing Canadians, along with tips for effective money management.

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