HSBC Insurance Review

HSBC is an international banking with headquarters in Canada as well. There are more than 6,600 offices in more than 81 countries. They are one of the biggest banking organizations globally and offer many banking, borrowing and investing and retiring services to offer.

Looking at HSBC’s website the only insurance type that they offer in Canada is travel insurance. Up to three choices are available in its portfolio.

The first and most common plan is HSCB Trip Insurance. The main features that I fell in love with are the coverage for lost baggage, damages and delays, trip interruption, and many more. It is available for both domestic and international travels, and will pay for all medical emergencies. A policy can be for one person or a family, which is good to hear.

One of the most impressive things that I’ve got to say about HSBC is that in medical emergencies, they will pay the medical provider directly so that you can concentrate on your recovery. You are able to purchase a policy any time before you head off, however is only available for people up to the age of 80.

An innovative plan is HSBC Trip Cancellation Insurance. It only reimburses the prepaid travel costs that are normally non-refundable due to unexpected effects like illnesses and other factors that may force you to cancel your journey. In my opinion, this is great for people that want to book their trip early, maybe to take advantage of discounts, and don’t want to worry about unexpected events that may stop them from going on the trip. One of the disadvantages of this plan is that it does not offer medical coverage, so if you are thinking purchasing this policy you should also take out another cover.

HSBC Visitors to Canada Insurance is the final product that insures people travelling to Canada. The main protection offered are medical attention in case you suffer from an accident or an illness. I think it is great for visitors, temporary workers and even students to stay protected. One interesting that I found out is that normal Canadian citizens can also take out a cover in situations when they are waiting for their healthcare to be approved.

It is more than evident that HSBC offers some of the best travel insurance policies in the country. To see their list of FAQ and even get a quote, feel free to go to their website and do so now.

HSBC Insurance has been rated 4 out of 5 by Insurance Reviews.