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‘The pesos are too old': Ontario woman frustrated after bank reverses currency exchange of $1,400

‘The pesos are too old': Ontario woman frustrated after bank reverses currency exchange of $1,400

CTV News16 hours ago

When travelling abroad, you may come home with foreign currencies. if you hang onto foreign currency too long it could become outdated and lose its value.

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BCAA Says Summer Travel Trends Mean Savings on Travel Insurance
BCAA Says Summer Travel Trends Mean Savings on Travel Insurance

Cision Canada

time7 hours ago

  • Cision Canada

BCAA Says Summer Travel Trends Mean Savings on Travel Insurance

- BCAA helps vacationers with tips to choose the right protection and save money BURNABY, BC, June 19, 2025 /CNW/ - BCAA says that the latest travel trends are leading to more vacationers seeking help to choose the right insurance for their trip. And the good news is that many are saving money by making the right choice. BCAA notes a decline in demand for US travel insurance while, at the same time, monthly sales of worldwide plans without coverage for US destinations are up as much as 18% as more people choose to take their trips further abroad. Sales of policies to cover trips within Canada are also up by more than 22%. "Higher costs of health care in the US mean travel insurance costs more," explains Alana Udovicic, BCAA Consumer Marketing Manager. "If you're venturing elsewhere, choosing a policy that excludes the US can save you 10-28% for a BCAA policy for example, and provide valuable protection." While travel insurance is essential for any trip that takes you outside of BC, BCAA is noticing that travellers are increasingly appreciating its value and importance for far flung destinations. As Udovicic notes, "The bigger the adventure, the more importance travellers are attaching to travel insurance that can deliver practical help should plans go awry." For those travelling further abroad to less familiar destinations and possibly communicating in unfamiliar languages, Udovicic advises looking for a travel insurance policy with benefits that offer maximum value and peace of mind. For example, 24/7 support and telehealth services for quick assessment and guidance to medical care in an emergency. Additionally, BCAA's Travel Delay +AutoPay instantly provides a cash payout by e-transfer when your flight is delayed, to help cover unexpected expenses like meals and essentials to make the wait more manageable. Other travel insurance tips that BCAA regularly shares with travellers include: Don't pay for coverage you don't need - a policy that excludes the US can be 10-28% cheaper. You typically don't need US coverage if you travel through the US for up to 5 days to reach a non-US destination. Always check with your insurer to confirm. Make travel insurance part of your trip planning. Buy early to ensure you're covered before a major weather event, airline strike, or other unforeseen circumstances that may affect your plans. For quick cash to make flight delays more manageable, choose Travel Delay +AutoPay. Remember to register your flight details right away to get an alert the moment a delay happens. Travel Delay +AutoPay works in Canada too! If you get stuck at a regional airport, BCAA will e-transfer cash to help you plan your next move. A 'Within Canada' travel insurance policy is low cost and protects you from out-of-province medical expenses not covered by MSP for domestic trips. About BCAA Driven by its purpose to move British Columbians forward, BCAA (British Columbia Automobile Association) is a long-standing BC Top Employer (Mediacorp) and provides over 1 in 3 B.C. households with industry leading mobility and protection services including Membership, Insurance, Evo Car Share, Evolve E-Bike & E-Scooter Share, BCAA Auto Marketplace and Auto Service. BCAA invests in programs and initiatives to make a positive impact by protecting the people and province of BC, recognizing that the place we call home is all of ours to protect. BCAA holds itself accountable to its purpose by setting goals related to its impact on People, the Planet and Prosperity, and sharing results in its annual Impact Report.

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