Imagine going on your dream vacation. As you head out to see the sights with you family, you realize that you aren’t feeling well and need to see a doctor immediately. If you have purchased Canadian travel insurance, you are able to save yourself some additional anxiety in this difficult situation.worldwide travel Canadian travel insurance can offer financial protection to people within Canada as well as those traveling to other countries and exotic destinations. Medical insurance coverage helps pay for medical bills incurred when someone is traveling. Another benefit of this insurance is that it provides much-needed peace of mind when a trip must be canceled. If a trip is canceled for a reason listed in the insurance coverage for traveling, the cost of the trip is refunded.