Travelling with kids? How family travel insurance saves you money
3 Minute Read
Planning a family getaway is exciting, but it often comes with a long to-do list. From booking flights to organizing itineraries, there’s plenty to consider, which means travel insurance often gets overlooked.
It can be hard to find the best plan for you. If you’re weighing the choice between individual policies and family coverage, the numbers make a compelling case for family travel insurance.
Learn why choosing a family travel insurance plan can help you save money and simplify the process.
The cost of single-trip insurance
Say you’re a family of four with two adults aged 40 and two children under 10. You’re planning your one family vacation of the year, and you purchased single-trip medical insurance for your eight-day holiday. If you insured each traveller individually, it would cost you a whopping $188.93.
Now consider the alternative. With a family single-trip medical insurance plan, you get the same level of coverage for just $80.35. That’s a saving of $108.58! This will cover you for unforeseen hospital bills, lost or damaged baggage, accidents and more—all while putting money back in your pocket.
Why multi-trip insurance is a game-changer
While you’re wrangling your kids, insurance is one thing you don’t want to worry about. If your family travels multiple times a year, whether for holidays, weekend escapes, or longer adventures, there’s no need to buy separate policies for every journey.
No matter how often you travel, a family multi-trip medical plan covers everyone—for every trip—under one policy. For example, a family of four would spend $327.37 annually on individual multi-trip medical policies. But with a family plan, it's just $175.27 per year, saving you $152.10!
These plans offer unlimited trips year-round with comprehensive coverage. Whether you’re going away for a few days or exploring overseas, you'll have peace of mind knowing your family is protected, without the hassle of buying new coverage each time you pack your bags.
Why choose a family plan?
Travelling with kids can be stressful and costly, but a family travel insurance plan makes it easier and more affordable.
Instead of juggling multiple policies, you’ll have a straightforward plan that covers everyone. Lost luggage? Delayed flights? Medical emergencies? No problem—one policy handles it all, so you can focus on making memories with your family.
Plus, going on trips with kids adds up fast, but the savings from a family plan mean more money to spend on your getaway. Whether it’s a special meal, an extra activity, or a unique souvenir, those savings let you create even more unforgettable memories together.
Get expert advice
Still have questions about travel insurance? CAA Travel Consultants are here to help. They’ll guide you through the options and find the best coverage to suit your budget and needs. Visit CAA Travel Insurance to learn more and get one step closer to stress-free family adventures. You can visit a CAA Store, call 1-800-705-1803 or get a quote online. Plus CAA Members save up to 20%1on travel insurance.
CAA Travel Insurance, an Orion Travel Insurance product, is underwritten by Echelon Insurance. Certain exclusions, limitations and restrictions apply. Subject to change without notice. A Medical Questionnaire may be required if you are 60 years of age and older. Quotes are valid for 30 days.
1. Applies to CAA Members in good standing (CAA Membership dues paid in full by Membership expiry date). Up to twenty percent (20%) savings applies to the total premium excluding applicable taxes. Minimum premium applies. Subject to change without notice. Excludes Visitors to Canada Insurance. CAA Everyday, Classic®, and Plus® Members save 10%. CAA Premier® Members save 20% at CAA Stores or by calling 1-800-705-1803. CAA Premier Members save 10% and earn 10% in CAA Dollars® when booking online. CAA Assistance is provided by Xodus Travel Services Inc. In-province virtual assistance is limited to four (4) calls per insured per policy term. Up to $5 million. Maximum $25,000 for all Emergency Medical Insurance benefits for Canadian residents without active Government Health Insurance Plan (GHIP); and/or without GHIP authorization to cover trip days in excess of 212 days in Ontario in a 12-month period. Visit caaneo.ca/termsandconditions for offer details and full Membership Terms and Conditions.
®CAA trademarks are owned by, and use is authorized by, the Canadian Automobile Association.
* Calculations based on family of 4 (2 Adults average age 40 years old, 2 kids under 10 years) traveling for 8 days plus CAA Membership discounts applied. Data as of 2025.
Family Coverage is available for 3 or more family members insured under one policy. Premium calculation for Emergency Medical Plans equals 2 times the premium of the eldest traveller and 2.75 times the premium of the eldest traveller for the Vacation Package Plans. Family pricing is not available for Trip Cancellation and Interruption Plan. For full Family Coverage details, please see our policy guide
