With the emergence of Credit Card Emergency Travel Medical Insurance coverage over the past 7-8 years, we have been receiving more and more requests from some of Rewards Canada 'seasoned' readers about coverage once they hit 65 years old. I did look into this a few years back and just personally responded via email to those who asked. But somehow when 2013 hit, I have already received numerous emails asking about which credit cards provide Emergency Travel Medical Insurance coverage for people over the age of 65. So we figured it was best to summarize all the information into one post.
We do want to stress however that if you are picking a card primarily for the Travel Medical Insurance coverage be sure to read the policy before you get the card to see what is and what isn't covered, coverage periods and more as each card has their own 'exclusions' and such. Here are some of the things that stood out for us:
These are only a few of the conditions and/or exclusions. Key word here in many of the cases is Emergency, so if you are getting routine care for something prior to travel there is a possibility it may not be covered. Also many of the policies require you to contact the insurer as soon as possible and get approval for the treatment except where the emergency is life threatening: This excerpt is taken from the Scotiagold Passport Visa policy:
"No benefits will be payable for surgery or invasive procedures (such as cardiac catheterization) without prior approval by Scotia Assist, except in extreme circumstances where a request for prior approval would delay surgery needed in a life threatening medical crisis."So please, before you choose a card based solely on the medical insurance please read the policies of those that you are considering before making your decision.
Emergency Travel Medical Insurance Coverage Periods by Age:
Bolding with the green background represents the best offer(s) for that age category.