Warning! Here's How Travelers Can Avoid a Ridiculous $500k Hospital Bill

Could you pay off an unexpected $500,000 hospital bill?Chances are, most people cannot.But you could be on the hook for this large amount if you don't take the proper precautions.Don't let it happen to you!Let me tell you a story about my friend, Sam.

"I Don't Need Travel Insurance!...
Or Do I?"

Sam hadn't seen his parents in a few years and invited them to visit him Canada. Besides some minor issues like high blood pressure, his mother had no other health concerns to worry about. She had always been pretty healthy.So he decided that buying medical insurance for them wasn't really something to consider. They were only going to come for two weeks, anyways. Well, those two weeks turned out to be a complete nightmare.

Caught in a Financial Trap

A few days after landing, Sam's mother started getting a little sick. Maybe it was jet lag? Sam took her to his family doctor and although the bill came out to be a few hundred dollars, he was happy to pay that then if something more serious happened. Unfortunately, something serious did it occur.Her health got worse and she had to be taken to the emergency room. Sam was now starting to feel nervous about not having insurance. '"How could things have escalated so much? She was in great health!", Sam later said to me.1 week turned into 1 month in the hospital. The bill shot up to the moon. Fortunately, she recovered and eventually returned to her home country.But the $500,000 hospital bill was now Sam's responsibility.

How Can You Even Pay off a $500,000 Shock?

This is not a rare occurrence. It is more common than you might think.I've heard so many similar stories and I don't want it happening to anyone else.I ask you again, How big is your emergency fund?So, what happened to Sam?Well he had to sell a lot of his things including a $70,000 Lexus and then get on a monthly plan to pay off that $500,000 debt. Imagine the stress this caused on your family.Now that's indentured servitude for life. Say goodbye to anymore travelling.Medical insurance is not expensive and it's not scary. For a few dollars a day, travelers can invest into their peace of mind. Don't be a statistic like Sam.

Free Quotes From All of Canada's Biggest Companies

Here for you in Edmonton, AB and across Canada.Contact us for a full line of insurance needs including medical insurance for travelers.


© Untitled. All rights reserved.

Life is unpredictable, manage your risk.
Don't gamble with your financial future.
Invest in medical insurance.