Going on a trip is a super cool thing everyone should try with family and friends. It makes our minds grow, introduces us to different cultures, and gives us awesome memories we’ll remember forever. But with all the excitement of travel comes the potential for things to go wrong.
Flights get canceled, luggage gets lost, and accidents happen. Many purchase travel insurance to give themselves peace of mind while on the road. But did you know that many travel cards also offer insurance benefits that can save money and provide protection?
So, today, through this post, we will discuss how a travel card helps people save money while doing part time jobs in Canada or traveling.
Benefits of Global Travel Card
Emergency medical assistance
Emergency medical expenses are one of the concerns when traveling abroad. You may be responsible for high medical bills if you experience an unexpected illness or injury while traveling to any place.
But with a travel card, you may get some reimbursement for necessary medical expenses like hospital stays, doctor visits, or medication.
Lost or delayed baggage
If your luggage is lost or delayed, replacing your belongings can be a major hassle and expense. But with travel card coverage, you may be eligible for reimbursement for necessary items like clothing and toiletries.
Some cards even cover lost or stolen personal items like electronics or jewelry.
Emergency Assistance
Don’t worry too much if your Global Travel Card is lost or stolen. Many cards come with emergency assistance. Call the card company, and they’ll help sort things out quickly.
Trip cancellation
Travel cards can reimburse you for prepaid charges like flights, hotels, and tours if you need to cancel or interrupt your trip due to covered reasons like job opportunities in Canada, illness, injury, or severe weather.
In addition, some cards may offer a higher reimbursement limit than others, but this benefit can save you a lot of money if you cancel your trip.
Protection Against Exchange Rate Surprises
Exchange rates can be tricky, but your travel card is like a shield. It locks in the exchange rate when you load money onto it. This means you won’t be affected by sudden rate changes.
Tips for Maximising Travel Card Benefits
Know Your Card’s Features: Familiarise yourself with your credit card’s travel benefits. This information is often available on the cardholder agreement or the travel card issuer’s website.
Activate Benefits Before Traveling: Some travel card benefits require activation. So, to avail all the benefits, you activate any relevant travel benefits before embarking on your journey.
Keep Records: If you need to file a claim, maintain detailed records of your trip, including receipts, medical documents, and any communication with service providers.
The Bottom Line
Travel insurance is always important to consider when planning your travels, but it’s comforting to know that your travel credit card may have you covered already. Review your card’s benefits before departing and understand any limitations or requirements.
By understanding your card’s benefits, you can have peace of mind during your travels, knowing that you have some insurance protection for unforeseen events.