TD Enhances Credit Card Travel Insurance Coverage For Cardholders

TD Enhances Credit Card Travel Insurance Coverage For Cardholders

Last updated on May 31, 2018 Views: 2667 Comments: 17

TD is enhancing the travel insurance coverage of its premium travel cards effective March 30, 2016. Improvements will be applicable to both existing and new cardholders on the TD Aeroplan Visa Infinite, TD First Class Travel Visa Infinite and the TD Aeroplan Infinite Privilege card.

At no additional cost to cardholders, enhancements will be seen on travel medical, trip cancellation and trip interruption insurance.

The improvements will make the TD Aeroplan Visa Infinite and TD First Class Infinite Visa cards some of the best credit card insurance programs on the market. Specifically, the cards will now match some of the stronger insurance cards on the market and exceed those of popular travel cards like the Avion Infinite, WestJet World Elite, and CIBC Aventura cards.

Travel MedicalCurrent CoverageNew Coverage
Travel Medical Insurance Coverage Period (for TD Aeroplan Visa Infinite Card only)15 days for Primary Cardholders, along with any insured Persons under 65 years of ageThe coverage period is increasing from 15 days to 21 days for Primary Cardholders, along with any Insured Persons under 65 years of age
Dependent ChildrenDependent Children travelling alone are not coveredThe Primary Cardholder’s Dependent Children will be eligible to be insured, whether or not the Primary Cardholder travels with them on the Covered Trip
Baggage ReturnNo baggage return coverage is provided in the event of a medical emergencyAn Insured Person will be covered up to $500 for baggage return to their province or territory of residence because of a Medical Emergency during a Covered Trip
Pre-Existing Condition Period for Travel Medical InsuranceThe Pre-Existing Condition Period under the current Certificate is:

– 180 days for Insured Persons who are 74 years of age or younger

– 365 days for insured Persons who are 75 years of age or older

– 365 days for insured Persons who are 75 years of age or older
There is a change to the Pre-Existing Condition Period for trips beginning on and after March 30, 2016:

– For insured Persons under 65 years of age, this period is the 90 days immediately before the beginning of the Coverage Period

– For insured Persons under 65 years of age, this period is the 90 days immediately before the beginning of the Coverage Period

– For Insured Persons 65 years of age or older, this period is the 180 days immediately before the beginning of the Coverage Period



Trip Cancellation / Trip InterruptionCurrent Coverage New Coverage
Trip Cancellation Insurance Maximum Benefit (for TD Aeroplan Visa Infinite card only)$1,000 per Insured Person per Covered Trip; $5,000 total per Covered Trip for all insured Persons on the same Covered Trip. The maximum benefit for Trip Cancellation Insurance is increasing from $1,000 to $1,500 per Insured Person, to a maximum of $5,000 per Covered Trip for all Insured Persons on the same Covered Trip.
Trip Cancellation due to a Travelling Companion$1,000 per Insured Person per Covered Trip; $5,000 total per Covered Trip for all insured Persons on the same Covered Trip. You’ll benefit from the Trip Cancellation coverage when a Travelling Companion can’t travel for a Covered Cause.
Pre-Existing Condition Period for Trip Cancellation / Trip Interruption InsuranceThe Pre-Existing Condition Period under the current Certificate is:

– 180 days for Insured Persons who are 74 years of age or younger

– 180 days for Insured Persons who are 74 years of age or younger

– 365 days for insured Persons who are 75 years of age or older
There is a change to the Pre-Existing Condition Period for trips beginning on and after March 30, 2016:

– For insured Persons under 65 years of age, this period is the 90 days immediately before the beginning of the Coverage Period

– For Insured Persons 65 years of age or older, this period is the 180 days immediately before the beginning of the Coverage Period

From our perspective, the 3 most impactful changes are:

  • Extending travel medical coverage from 15 days to 21 consecutive days. This means that you can have an unlimited number of trips per year and be covered for each one for 21 consecutive days. Both RBC and CIBC Infinite products are still stuck at 15 days. 21 days aligns the TD Aeroplan infinite card with the BMO World Elite, Scotia Gold (25 days) and its own TD First Class Infinite card at the high end of the market, among the core travel cards.
  • Covering dependents for travel medical insurance even when they are not travelling with the primary cardholder. This means your children can be travelling out of province or country, and even if the trip is not booked through the card, and they’re travelling with you, they’ll still be covered. Some like the RBC Avion Infinite, require dependents to travel with the primary cardholder to be eligible for coverage.
  • Shortening of Pre-Existing Condition wait period for travel medical, trip cancellation & trip interruption for people under 65 years old. Instead of having to wait 6 months after you’ve had a medical condition, event or change of medication, you now only have to 3 months before you’ll be covered again.

With travel insurance that no longer compromises and superb welcome bonus offers, TD’s roster of Aeroplan Infinite, First Class Infinite and Aeroplan Privilege cards make for great short and long term values.

No doubt, with a regular rotation of first year annual fee rebates, welcome bonus flights to anywhere in North America, and robust travel insurance coverage, these are some of the best credit cards in Canada.

Article comments

17 comments
Marie says:

My auto- renewal is coming due for continued TD Travel Medical, Cancellation, & Interruption coverage. Does my annual fee remain consistent each consecutive year of auto-renewal?

The GreedyRates Team says:

Hi Marie,

We can think of no reason why TD would alter your annual fee just for automatically renewing your service and have never heard of this happening. Let it renew and you’ll see the same, but either way, keep in touch! Thanks very much.

GreedyRates

Mel says:

Hi, thanks for this information. I am wondering if you know if the medical travel ins. coverage offered by the TD Aeroplan visa is valid if trip occurs between country B & Country C (flight and insurance purchased with the TD card)? (Canada – Country A, Trip from A to B not purchased by TD visa. Passenger does not return to A before taking trip B to C) sorry if this is confusing. Maybe the more basic way of asking is does the card automatic medical insurance apply if trip originates outside of Canada? (Canadian resident with valid provincial medical ins.). cant find that small print anywhere.

The GreedyRates Team says:

Hi Mel,

Thanks for the interesting question. We called TD’s insurance provider (Allianz) to inquire about the situation you’re in, because we couldn’t find anything about this in the fine print either. Here’s what we learned from the nice representative we spoke with:

1. TD provides coverage for trips that are taken via 1-time, round-trip flights
2. It must leave from your province of residence and return to your province of residence (2 flights total)
3. You’re covered for the entire length of time, pending restrictions on maximum trip length and other relevant factors like preexisting conditions

However, the rules change when you take a new flight to another destination, from a place that isn’t your province of residence. If this occurs, then you won’t be covered by travel medical insurance and can’t claim any benefits during this time and until the end of your trip. If you want to continue your coverage, however, you can call TD and let them know that you’ll be adding a second leg to the trip. They’ll be happy to extend your coverage for this span of time and will quote you a price that can be paid then and there. It’s super easy.

Let us know if you need any further information and we’ll be happy to hunt it down for you.

Thanks again,
The GreedyRates Team

Greg T. says:

Anyone know what is covered if a flight is cancelled by the Airline because of inclement weather at the destination? The hotel we booked will still charge us for the first night because we didn’t give 72 hours notice. Also, we booked Broadway tickets for a performance for the next day but will likely not be able to make it.

The GreedyRates Team says:

Greetings Greg,

The first thing to know is that your trip cancellation insurance won’t cover trips that you didn’t pay for with the card itself, or with TD Rewards points. If your flight was cancelled by the airline because of weather, some parts of the trip might be reimbursed, but not your Broadway tickets. There are some relevant snippets of text on page 35 from TD’s fine print found below:

https://www.tdcanadatrust.com/document/PDF/tdvisa/tdct-tdvisa-firstclasstravel-528190.pdf

Here you can see the reasons that your trip might be reimbursed, and “weather conditions” is labeled as a covered cause. Since the airline cancelled the flight, you’ll obviously be put on a new one, but the fine print leaves a lot of detail to be desired. For example, it doesn’t explicitly state that anything other than travel arrangements will be reimbursed. This tells us that you may get your hotel booking cost refunded, but tickets to an event are less likely. We recommend calling TD and outlining your situation more thoroughly. We hope we gave you some direction though.

GreedyRates

Ram Sundaram says:

We paid for our trip to India using TD infinite visa. Need to know about trip cancellation and trip interruption benefits.

The GreedyRates Team says:

Hi Ram,

Welcome to GreedyRates. We’re happy that you’re liking the TD Infinite Visa card, and if you’ve used it to book a flight to India, then you two will be covered with trip interruption and trip cancellation insurance. For trip interruptions, you’ll be covered with $5,000 per person up to a maximum of $25,000 for the group. For trip cancellation, individuals get $1,500 worth of insurance and the group can claim $5,000 for eligible cancellations.

For both insurance benefits, your dependent travelling companions and spouse will enjoy coverage as long as they’re on the same itinerary. If you need any more help then let us know, and we’ll be happy to provide.

Thanks,
GreedyRates Staff

Brian Peverill says:

I’m going to turn 65 next April, will I still have the rental car insurance?
We plan an extended trip to Europe (30 days +) how long am I able to rent a car with the insurance?
If the limit is 30 days can I re-rent after the 30 days and be covered?
Thanks Brian

The GreedyRates Team says:

Hi Brian,

Thanks for your request for further information about the rental car insurance benefit on these TD credit cards. In the chart, we’ve written all the changes coming to these cards in the future, and anything not included there will stay as it was before the update. This means that the rental car protection benefit will remain 48 consecutive days. We confirmed this with a TD representative on the phone, and your age will not have an impact on the length of your rental vehicle’s coverage.

To address your second question about circumventing the 48-day limit by re-renting another vehicle, the representative told us that your second rental wouldn’t be covered. We also found this information in the insurance pamphlet’s fine print. Even if you go to a different rental agency or rent a different car, you still won’t be able to get more than 48 days. In other words, it looks like you’re all set to have a safe, fun trip. Enjoy!

The GreedyRates Team

Andy Keilly says:

My wife and I are set to travel to Cuba June 2nd 2018.
I am 68, my wife is 65.
The trip was booked through TD Expedia using points and cash.
I understand we only have coverage for 4 days each, is this just for medical.
Approximately how much would it cost to add the extra 3 days coverage.
Cheers
Andy

GreedyRates says:

Hi Andy! Great questions. Also, what an awesome choice of destination! We hope you enjoy your trip, but first, you’ll need to be confident that your coverage is enough for you and your wife. You’re correct that you and she are covered with travel medical insurance for 4 consecutive days. However, the other perks all apply regardless of how long your trip is, whether you booked your travel arrangements with the card, or with your points. All you need to do for comprehensive protection is to extend your travel medical insurance coverage beyond 4 days.

This is easy to do. Just call TD and tell them that you’ll be flying to Cuba and need an extension. They’ll connect you with their insurance provider or handle it directly over the phone for you. We’re not exactly sure how much it will cost, and in all likelihood it changes depending on your age and destination, so this is also something to ask. Eat some tasty Cuban food for us and travel safe!

GreedyRates Staff

Jim says:

I booked a trip using my Aeroplan Miles and paid the supplementary fees with my TD VISA Aeroplan Infinite card. I purchased the Non-Medical insurance via the Aeroplan site when it was offered. Was I covered before I purchased this insurance? Also, is the medical end covered automatically as well? Lastly, if for some unforeseen reason we have to cancel our trip, will TD Insurance replace my Aeroplan Miles I used to book this trip? Thanks Kindly.

GreedyRates says:

Hi Jim. Thanks for your questions. To answer your first inquiry, though Aeroplan did recently extend the insurance it offers to flyers, non-medical insurance is not automatically covered. So your purchase wasn’t wasteful. Medical coverage for TD cardholders using their Aeroplan account was previously 15 days of coverage for the primary cardholder while traveling, but it is now 21 days.

If your trip needs to be cancelled for unforeseen purposes, TD will refund these miles to your account as long as you paid for the trip with your Aeroplan miles. You have within 21 days of departure to cancel. You will then see that the Aeroplan miles used to purchase the flight have been returned to your account, and the money used for fees and taxes credited to your Visa as well.

Safe travels!

GreedyRates Staff

Lily says:

Do these travel insurance medical and non medical benefits apply to additional card user too? Could you please elaborate what “insured person” mean?
Thank you very much

GreedyRates says:

Hi Lily,

Great question. For the travel medical insurance, the primary cardholder, spouse and dependent children are covered (whether the trip is booked through your credit card or not i.e. you could drive and be covered). All have to be residents of Canada. a dependent child is defined by TD per below:

Dependent Children means Your natural, adopted, or step-children who are:
• unmarried;
• dependent on You for financial maintenance and support; and
• under 22 years of age; or
• under 26 years of age and attending an institution of higher learning, full-time,
in Canada; or
• mentally or physically handicapped.
Exclusion: A Dependent Child does not include a child born while the child’s mother is outside her province

With respect to trip cancellation, trip delay and trip interruption, your spouse and your dependent children are covered whether they travel with you or not. But the trip has to be booked through your card at all times.

Please insure you review the certificate of insurance yourself so you understand all details, definitions and exclusions. That said, hope the above helped.

GreedyRates Staff

Geoff says:

I understand this card is also starting to offer a few days of medical coverage for cardholders over 65 – a trend which seems to be spreading with higher end cards.