So, you moved to Canada believing you’d be there for a few months, but now you’re enjoying the maple syrup, stunning scenery, and friendly Canadians. Perhaps you’ve opted to renew your stay; great idea! But how about your medical insurance?
You would be happy to know that Travel Insurance Canada permits extensions; but with some strings attached. You usually have to apply for an extension prior to the expiration of your existing policy. If you let your coverage lapse, you may find it difficult to get a new policy (or you’ll have to contend with waiting periods).
The majority of insurance companies like Danforth Insurance expect you to apply for an extension several days (and sometimes weeks) before your policy ends. The earlier you contact them, the greater the chances of approval. If your policy has already lapsed, you could be forced to purchase a completely new plan, which could include increased prices or exclusions.
What influences approval for an extension?
- No Claims Filed: If you’ve already made a medical claim, the insurer might be hesitant to extend coverage.
- Good Health Condition: If you’ve recently developed a medical issue, the insurer may refuse to cover any related conditions.
- Policy Expiry Date: Provided your policy hasn’t lapsed and you are applying timely, you have more chances of acceptance.
What if I can’t extend my policy?
If your insurance company refuses your application, don’t worry! You can look around for a new visitor insurance policy with the Best Medical Insurance for Visitors to Canada. Just keep in mind that new policies may not cover any pre-existing conditions that arose during your visit.
For more information, you can visit our website https://danforthinsurance.com/ or call us at 647-350-0332