CAIB 1: Chapter 8 - Textbook Questions

why you would recommend a travel accident policy to a client who travels on pleasure or business

when people travel, they may need travel and accident insurance. many people believe that their provincial or territorial health plans will cover them for medical and other expenses incurred regardless of where they become ill or are injured. unfortunately, this is only partially true.

identify 4 costs generally not covered by provincial or territorial medical plans

• ambulance changes

• family visitation

• repatriation

• return of vehicle

2 requirements to be present for a person to qualify under insuring agreement for a travel accident policy

• a permanent resident of Canada

• covered under the provincial or territorial health care plan

when does coverage cease under travel accident policies issued n an annual basis?

• when the client has returned to their province or

• territory of residence after each trip that occurs within the policy period

some insurers limit the maximum number of days in any trip to 30, while others limit the maximum number of days to 45

what is meant by the term ‘supervised condition’?

means a diagnosed medical condition, illness or injury for which you require any diagnostic testing, investigation or referral not yet complete, or for which the results are still not known that requires constant consistent treatment and is controlled with medication without change for:

• at least 3 months preceding the date of departure if you are under the age of 60

• at least 6 months preceding the date of departure if you are age 60 or over

• if you have taken medication for a cardiac condition or related condition at any time within 6 months

6 hazardous activities and their effect on coverage in a travel accident policy (9)

• bodily contact sports

• acrobatic and stunt flying

• skydiving

• parasailing

• rock climbing

• mountain climbing

• bungee jumping

• scuba diving

• motorized race or motorized speed contests