it depends on the citizenship.
Travel insurance is never compulsory. It is however strongly recommended.
2008 in Canada and the USA
Non-compulsory insurance is purchased at the option of the buyer. For example, a consumer can decide to purchase a life insurance policy but is not required to by law. Another example of non-compulsory insurance is trip insurance which some consumers buy to protect against travel risks such as illness, lost luggage, or cancelled flights. Consumers who decide not to insure certain risks are effectively self insuring themselves by taking on the full risk of any loss. Compulsory insurance is required by law or as a mandatory requirement of obtaining certain goods or services. Examples of compulsory insurance are auto liability insurance which is required by state laws and home owners insurance which is compulsory on bank financed homes.
One can obtain Canadian travel insurance by contacting a Blue Cross Canada representative or many other insurance companies that operate within Canada.
differentiate between complusory and non-compulsory insurance and examples of each
People should get travel insurance when traveling. In Canada, people can get this insurance when they book a flight or a hotel.
No there are no such compulsions. You may or may not have insurance to travel to USA or during a travel lodge. However, it would be wise to take travel insurance for trip lodge or stay in USA. The medical facilities are costlier in the nation. This will definitely serve as a matter of precaution. Sometimes the insurance policy covers to meet any eventuality. Legally, there is no compulsion on this.
The cost would depend on what city in Canada, also weather or not your a visitor or a resident of Canada. Once you answer these questions you can request a quote for the insurance cost.
There are a sizable selection of Canadian companies that offer travel insurance. RBC (Royal Bank) is the most popular travel insurance in Canada, however PC travel insurance is highly recommended for their affordable comprehensive and single trip plans.
Compulsory insurance usually refers to the least amount of cover for a product you can buy from insurance companies whilst still being legal in the case of car insurance.
Non-compulsory insurance is a type of insurance that is not lawfully required, but can still be used for protection. It can add protective measures for both people and property.
Non-compulsory insurance is a type of insurance that is not lawfully required, but can still be used for protection. It can add protective measures for both people and property.