Is BMO (Bank of Montreal) travel insurance the best for you?

James Rodriguez James Rodriguez  updated on 2022-01-26

Visiting another country or province without travel insurance can be a costly mistake. If you need emergency medical attention while away you need a plan to pay for it.

Did you know that an overnight stay in a hospital in the United States can exceed $14,000 CAD? What about the fact that some countries might even refuse service to you if you are unable to prepay for treatment?

It is not fun to think about, but travel insurance is a necessity when you are away from home. It guarantees your ability to get and pay for health care, if and when you need it. Beyond that, it can help make you whole should something go wrong with your flight or you lose a bag. 

This page answers your questions about BMO (Bank of Montreal) travel insurance. Read our review, get BMO (Bank of Montreal) travel insurance quotes and see how the competitors fare. 

Our review of BMO (Bank of Montreal) travel insurance:

BMO, or the Bank of Montreal, is one of Canada's leading banking and financial services institutions. They are a trusted insurance brand. All BMO travel insurance plans come with 24/7 travel assistance, which provides a network of travel and medical insurance professionals ready to help you.

Continue below for BMO (Bank of Montreal) travel insurance pros and cons:

Why BMO (Bank of Montreal) could be right for you:

A trusted insurance brand
Quality insurance at a competitive price
Offers single-trip and annual plan insurance
Detailed information on the different plans and coverages available

Why BMO (Bank of Montreal) may not be right for you:

Unable to buy coverage at a bank branch, just online or by phone
Medical expenses related to Covid-19 are not covered if there is a travel advisory for your destination during the dates you are travelling.
Multi-trip travel plans cover trips under 10 or 23 days. This may not fit all travellers.

Compare quotes and options before choosing travel insurance with BMO (Bank of Montreal). A little shopping around can help you to save money and find the coverage that fits your needs.

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What does BMO (Bank of Montreal) travel insurance cover?

Multi-trip travel Medical plan

This BMO travel insurance plan covers you for out-of-province or out-of-country emergency medical care.

You can take an unlimited number of trips per year. Coverage for these trips is for a maximum of 10 or 23 days, depending on the plan you choose. You have the option to add days if your trip is longer than the duration you have purchased.

Multi-Trip Premium Travel Plan

This BMO travel insurance plan covers you for:

  • Out-of-province or out-of-country emergency medical care
  • Trip cancellation insurance
  • Trip interruption/trip delay insurance
  • Flight delay insurance
  • Baggage and Personal Effects Insurance

You may take an unlimited number of trips per year. Coverage for these trips is for a maximum of 10 or 23 days, depending on the plan you choose. You have the option to add days if your trip lasts longer than the length of time you have purchased.

Single Trip Travel Medical Plan

This BMO travel insurance plan covers you for out-of-province or out-of-country emergency medical care

Single Trip Premium Travel Plan

This BMO travel insurance plan covers you for:

  • Out-of-province or out-of-country emergency medical care
  • Trip cancellation insurance
  • Trip interruption/trip delay insurance
  • Flight delay insurance
  • Baggage and Personal Effects Insurance

Single trip – Trip Protection Plan

This BMO travel insurance plan covers you for:

  • Trip cancellation insurance
  • Trip interruption/trip delay insurance
  • Flight delay insurance
  • Baggage and Personal Effects Insurance

Here is a detailed explanation of each BMO travel insurance coverage:

Emergency Out-of-Province/Country Medical
This coverage provides coverage for emergency medical care throughout Canada (excluding your home province) and abroad, which covers up to $5 million in medical expenses.
Coverage includes:

  • Air ambulance transportation
  • Emergency hospitalization
  • Physician's care
  • Other medical expenses

Trip Cancellation Insurance
You are covered in the event that you must cancel your trip due to illness, death or any other unforeseen event. Benefits are payable from the day coverage begins until the day you are scheduled to leave on your trip.

Trip Interruption Insurance
Up to $2,000 to return home if a family member becomes ill or dies during your trip.

Flight Delay Insurance
Up to $500 per trip to cover accommodation and additional travel expenses if your flight is delayed more than 6 hours.

Baggage and Personal Effects Insurance
Up to $750 per insured (and $2,000 per trip) for loss or damage to baggage and personal effects during your trip.

All BMO Travel Insurance plans include a 24/7 travel assistance service.

For more information on BMO (Bank of Montreal) travel insurance see:

Plan nameMulti-Trip Travel MedicalMulti-Trip Premium TravelSingle Trip Trave MedicalSingle Trip Premium TravelSingle Trip - Trip Protection
Emergency Medical
Cancellation
Interruption
Delayed flight
Baggage
24/7 Assistance
Unlimited trips per year
Comparison of BMO (Bank of Montreal) travel insurance

For more information about how travel insurance and to learn about other top insurer read HelloSafe's guide to travel insurance.

How much does a policy with BMO (Bank of Montreal) cost?

The price of travel insurance coverage with BMO (Bank of Montreal) depends on your age, desired coverage and the destination and the length of your trip. Therefore it will be important to get an individual quote customized for your unique needs. 

Before settling on BMO (Bank of Montreal) travel insurance shop around! You can quickly and anonymously compare prices from leading travel insurance companies using our tool:

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How do I purchase a plan with BMO (Bank of Montreal)?

To purchase BMO travel insurance can be purchased:

  • By phone at 1-800-661-9060
  • Online

How can I reach BMO (Bank of Montreal) by telephone?

For emergency assistance contact BMO by phone at 1-877-704-0341. The number is toll-free from Canada ad the USA.

How do I file a claim with BMO (Bank of Montreal)?

To make a claim for BMO Travel Insurance, you must visit the online claims portal. This can be accessed from the "Resources" section of the BMO Travel Insurance page.

Does BMO (Bank of Montreal) travel insurance cover Covid-19?

Contracting illness from Covid-19 may be eligible for Trip Cancellation insurance benefits.
If the Government of Canada institutes a Covid-19 related travel advisory for your destination neither emergency medical related to Covid-19 nor trip cancellation are eligible for benefits.