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May 4, 2021

7 min. read

We know you aren’t travelling at the moment, but you can prepare for when that day comes. This is the perfect opportunity to learn what travel insurance terms mean and how they impact your travel insurance coverage. Here are some of the most common travel insurance terms you may come across:

Pre-existing medical condition(s)

This refers to any medical condition that exists prior to your departure date, such as a disease, illness or injury, as well as symptoms or an investigation of undiagnosed conditions.


A pre-existing medical condition may still be covered, depending on the stability of the condition, which means no recent changes in medication or medical treatment. The stability period varies depending on the type of insurance purchased.

Insurance Deductible

This is a specified amount of money you agree to pay if you have to make a claim. Once you pay that amount, your insurer will cover the remaining costs for any eligible claims. By choosing to pay for a deductible, your premium will be reduced; a higher deductible means greater savings.


A rider refers to optional insurance coverage you can purchase for activities that aren’t normally covered, such as a pre-existing medical condition rider or an adventurous air activities rider (for activities like ballooning, parasailing and helicopter excursions) in conjunction with emergency medical insurance.

Sum insured

This refers to the maximum amount payable by the insurer, as indicated on your declaration page. For example, if the total of your trip per person (sum insured) is $2,000, that is the total amount you’re covered for if there is a need to submit a claim.

Declaration page

A declaration page is the most recently printed form, electronic copy, invoice or policy document that summarizes your insurance coverage.

Wallet card

A wallet card is an electronic or printed card that summarizes your policy details, which you should carry with you at all times while travelling. It includes an emergency phone number to call in the event of a claim and before receiving medical treatment.

Travel companion

This refers to anyone accompanying you and sharing the cost of accommodation and transportation. You can have up to a maximum of six people (including yourself), considered as travel companions.

Know before you go

These are only a few travel insurance terms that may cause some confusion, if you have more questions, or need clarity on other terms, ask one of CAA’s travel insurance experts to explain or refer to the CAA Travel Insurance Policy Guide for more information. It’s important to feel comfortable and understand all the travel insurance terms that are relevant to you and your trip.

Terms and Conditions

CAA Travel Insurance is underwritten by Orion Travel Insurance Company, a CAA Company. Certain exclusions, limitations and restrictions apply. A Medical Questionnaire is required if you are 60 years of age and older.

Policy conditions and limitations apply.

Subject to change without notice. See full policy for all terms and conditions at caasco.com/policy.

Applies to CAA Members in good standing with dues paid in full by membership expiry date. 10% savings applies to the total premium excluding applicable taxes. Minimum premium applies. Excludes Visitors to Canada Insurance.

Image Credit: iStock.com/martin-dm

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