DEDUCTIBLE
The deductible is defined as the portion of the eligible costs that will be charged to the client in the event of a claim.
It can be added to the Emergency Medical Care coverage included in the following products to reduce the insurance premium:
- Individual
- Package
- Annual
- Top-up insurance
- Visitors to Canada
| Deductible | Reduction percentage |
| $0 | Regular premiums |
| $250 | 7.5% |
| $500 | 12.5% |
| $1,500 | 20% |
| $2,500 | 25% |
| $5,000 | 35% |
The deductible amount is determined by the client and is applicable per trip and per insured person. It is payable in Canadian dollars.
How to add a deductible
The menu to add a deductible appears on the right of the Products available screen in the quotation tool.
In the case of a client who must answer a health declaration, the premium discount is made on the last premium calculation, before the $11 administration fee.
The premium is adjusted automatically on the sales portal after having selected the deductible amount.