Types of Medical Underwriting For Visitor Insurance for Canada

One reason to get visitor insurance when traveling to a foreign country is to cover your medical bills in case you need medical care. Most people see little need for getting visitor insurance for Canada to cover their medical costs believing the fees for the same here are low and manageable when paid out of pocket. Even so, things can quickly add up and leave you with significant bills despite the outstanding medical care in Canada. When applying for your policy, the insurer will use one of the underwriting types below to determine what will be covered and excluded.

Full Underwriting

Here, a health questionnaire called a full medical assessment asks questions about your previous and current health. Based on your responses, the insurer will then tell you what conditions will be covered in your visitor insurance for Canada. In this instance, the policy is tailored to reflect your health status and give you optimal cover.

Moratorium

Here, the insurer does not give you a medical questionnaire. He/she instead has automatic exclusions like pre-existing conditions that have been diagnosed, or you have been treated for in the five years before your application. The pre-existing condition can, however, be covered in your visitor insurance for Canada by most policies if you have been stable for at least two years.

Medical History Disregarded

This is the most popular medical underwriting. Even so, most insurers only advance it for companies in which all travelers being insured are below seventy years old. Unlike in other forms of visitor insurance, an applicant’s medical history is disregarded in the medical history disregarded underwriting.

The above forms of underwriting determine how much your visitor insurance will cover if you seek medical attention. To this end, carefully consider the one that your insurer advances. Though confusing, you can get guidelines on the underwriting that best suits you from a website that compares insurance quotes.