Have you ever read the details of your Scotiabank Travel Emergency Medical Insurance provided by your credit card?
I have summarized a few important details as you evaluate whether you need additional emergency medical insurance during your travels.
The following credit cards have the Travel Emergency Medical Insurance with Scotiabank:
- Scotiabank Passport Visa Infinite Card (Certificate of Insurance)
- Scotiabank Momentum Visa Infinite Card (Certificate of Insurance)
- Scotiabank Gold American Express Card (Certificate of Insurance)
- Scotiabank Platinum American Express Card (Certificate of Insurance)
For other credit card issuers, information about their travel insurance policy is available here:
- American Express Out of Province and Country Emergency Medical Insurance
- BMO Out of Province Emergency Medical Protection Insurance
- CIBC Out of Province Emergency Medical Travel Insurance
- RBC Out of Province Emergency Medical Travel Insurance
- Scotiabank Travel Emergency Medical Insurance
- TD Travel Medical Insurance
The information listed below is my interpretation of the insurance policy.
The basic coverage for the for all the listed cards is:
- Coverage is provided to the cardholder, cardholder’s spouse, and cardholder’s dependent children.
- There is a limit of $1,000,000 to $2,000,000 depending on the credit card.
Exclusions of Basic Coverage
- There is limited coverage for pre-existing medical conditions (credit to Luc). Pre-existing medical conditions need to be stable at least 180 days prior to your trip departure date, for those under 75, or 365 days, for those 75 or older.
- Scuba diving (unless you have a designation), motorized race, motorized speed contest, bungee jumping, parachuting, rock climbing, mountain climbing, hang-gliding or skydiving.
|Accommodation in a Hospital or Medical Facility
|Private Registered Nurse
|Ground Ambulance Service
|Air Ambulance Service
|Emergency Dental Treatment
|Emergency Dental Pain Relief
|Emergency Return Home
|Care and Return of Dependent Children
|Transportation to Bedside
|$100 for meal and hotel accommodation for the relative visit the hospital
|Traveling Companion Benefit
|Return of Deceased
|Meals and Accommodation
|1,000 for your return of private or rentlal vehicle
|Return of Excess Baggage
|Car Accident Insurance
|$200 per day of accommodation, food, car rental and commercial transportation options for up to 3 days after your personal vehicle is disabled as a result of an accident during the trip.
This is a Scotiabank exclusive coverage
Differences between cards
The major difference between the credit cards is what is the age group that is covered, how long they are covered for, and the maximum coverage provided.
|64 Years or Younger
|65 Years or Older
|Maximum Coverage (C$)
|Scotiabank Momentum Visa Infinite Card
|Scotiabank Gold American Express Card
|Scotiabank Passport Visa Infinite Card
|Scotiabank Platinum American Express Card
Scotiabank has one of the worst Travel Medical Insurance policies in Canada.
They have lower maximum limits and absolutely no coverage for pre-existing medical conditions.
The only silver lining is a rare benefit for driving accidents using your car in a road trip. However, with that amount capped at $600, it has a lot to be desired.