Protection for risky bucket list travellers

Whether it’s driving a Ferrari in Italy, hiking the Inca Trail or helping build clean water wells in Africa, boomers are increasingly seeking out unforgettable travel experiences. But, sometimes these epic vacations can offer unexpected surprises. A recent TD Insurance survey revealed more than a third of Canadian boomers who travel annually say they or someone they’ve travelled with has had a travel emergency, such as an injury that required a trip to the doctor.

Not only are boomers forgoing the traditional vacation spent relaxing beside the beach or pool – only 39 per cent of boomers say it›s their preferred travel experience  they are also traveling more frequently and for longer periods of time compared to other generations. The survey revealed that 52 per cent of them take two or more vacations each year, and half the time it›s for 10 days or more.

“Planning for extended travel can be exciting and also overwhelming, so ensuring you have sufficient travel insurance coverage can get lost in the mix,” said Neil Henderson, manager, TD Insurance. “Many boomer travellers report they don›t purchase travel insurance because they’re already covered under their work benefits or credit card. While these plans may cover certain emergencies, take the time to review them for any gaps in coverage and purchase supplementary coverage if needed, especially if you›re planning activities you haven›t tried before. And if you›re unsure whether your coverage extends to an activity, it’s worth checking with your travel insurance

For all those boomers setting out to check off their travel bucket list items, TD Insurance offers the following pre-travel tips, so your epic adventure can be exactly that:

Follow your interests. What’s on your travel bucket list is very personal and will vary widely depending on your interests. Do you want to test your physical limits by hiking along the Great Wall of China? Do you dream of seeing the annual migration on the Serengeti Plains? Bucket list travels are trips of a lifetime, so take the time to not only decide what you want to see or do, but also properly prepare in advance of your travels.

Pre-departure prep. Proper preparation is key to making your bucket list trip terrific. Prepay or set up autopayments for bills that will be due while you are away. Verify whether you need any vaccinations based on your destination. Ensure you have enough prescriptions to last the trip. There’s lots to be done ahead of time so that your bucket travel is as dreamy as imagined.

Ensure your property is safe. Before you leave make sure your home and garage doors, and windows are locked and secured. Given that your house will be unoccupied for an extended period of time, consider putting measures in place so that it doesn’t appear vacant. For example, buy a light switch timer to turn lights on and off and ask a neighbour to collect your mail to prevent your mailbox from overflowing. Also, if you’re away from your home for more than seven consecutive days during the heating season, keep in mind that your water pipes may freeze. You’re required to take preventive steps, such as arranging for someone to ensure heating is maintained in your home. Make sure to check with your insurer on how this might affect your home insurance policy.