15 BEST TRAVEL INSURANCE COMPANIES

If you’re spending hundreds or thousands of dollars on a vacation, purchasing travel insurance may make sense. Travel insurance safeguards your investment in a trip in the event that you are forced to cancel or shorten your journey for a variety of reasons, including inclement weather, illness, or government shutdowns. Numerous insurance also cover lost luggage and medical services incurred while traveling.

The finest travel insurance policies are reasonably priced and offer adequate coverage. They should have a limited number of exclusions and limitations, as well as a high rate of client satisfaction. Additionally, you should conduct research to ensure that the coverage covers your specific trip.

TRAVELEX INSURANCE SERVICES

Travelex coverage begins at $28 and includes trip cancellation, trip interruption, emergency medical care, and evacuation; however, there are various ways to customize and increase coverage.

Cancellations are fully covered up to a maximum of $25,000 in value. You may be compensated for trip interruptions up to 150 percent of the trip cost, up to a maximum of $37,500. Emergency medical coverage is limited to $50,000, while emergency evacuation coverage is limited to $500,000.

Additionally, Travel Select includes a 15-day waiver of pre-existing condition exclusions. If you acquire your policy within 15 days of paying for your trip and insure the entire cost of the trip, you are likely covered for a pre-existing injury or illness.

ALLIANZ TRAVEL INSURANCE

Individuals who travel frequently throughout the year may seek annual travel insurance rather than per-trip premiums. Allianz Travel offers four distinct annual plans, each with a distinctive set of benefits. We particularly enjoy its AllTrips Executive policy, which offers the maximum coverage and limitations.

For trip cancellation or interruption coverage, AllTrips Executive offers tiered limitations starting at $5,000. Additionally, it provides $50,000 in emergency medical coverage and $250,000 in emergency transportation coverage per insured, per trip. There is a large list of exclusions, including extreme sports, so check the fine print carefully before participating in adventurous activities.

INSURE MY TRIP

A quote for a family of four traveling for 14 days and spending $4,000 on aircraft and hotel expenses resulted in three proposed plans ranging in price from roughly $100 to $400 for varied levels of protection. Included in the basic features were covering for luggage, travel delays, and medical treatment. Take note that rates will vary depending on the origin and destination of clients, as well as other variables.

WORLD NOMADS

Terrorist attacks, assault, medical repatriation, equipment and baggage, and international medical and dental care are all covered. The high-end Explorer Plan includes activities such as skiing, water sports, flying, motorsports, athletics, and extreme sports. There are over 200 activities listed, and several are expressly forbidden by other insurers.

For the Explorer Plan, a solo 35-year-old would spend roughly $200 for a month in Thailand, depending on factors such as state of origin, which is reasonable for such comprehensive coverage. The Standard Plan costs roughly $100 for the same trip, but if you’re concerned about something going wrong, it makes sense to choose a greater level of coverage.

HTH TRAVEL INSURANCE

Travelers who already have primary insurance receive 100 percent coverage for regular hospital expenditures, such as surgery, tests, office visits, inpatient hospital stays, and prescription prescriptions outside the United States, among other benefits.

Up to $500,000 in medical evacuation coverage is available, however trip interruption and luggage coverage are somewhat limited. The majority of individuals will choose this plan for its medical advantages, not its travel features. This coverage is only accessible to applicants who are under the age of 95.

Insurance is also offered to individuals who do not currently have health care. While the majority of seniors in the United States are protected by some form of current coverage, such as Medicare, Medicare does not work outside of the country, leaving seniors uninsured while traveling. HTH Travel Insurance offers products to those who do not currently have medical coverage. The age restriction is 74, however there is a 180-day waiting period for pre-existing conditions.

NATIONWIDE

Nationwide offers trip cancellation coverage of up to $10,000 in its Essentials Plan and up to $30,000 in its Prime Plan to safeguard your single travels. For an additional $59 per year, travelers can purchase an annual travel insurance plan that covers delays, medical bills, medical evacuation, lost luggage, and travel support.

However, it is its custom-tailored cruise programs that have earned them a spot in this category. The Universal Cruise Plan, the Choice Cruise Plan, and the Luxury Cruise Plan make it simple to select the coverage that is best for you. For example, the cost of a 10-day cruise to Mexico for a couple was estimated to be roughly $200 under both the Universal and Choice plans.

GEO BLUE

GeoBlue is an excellent solution if you require coverage solely for medical expenses. This insurer specializes on travel medical insurance. Paying for medical coverage eliminates the need to pay for the remainder of your travel insurance, which may be covered already. If you currently have a credit card that includes travel insurance, for example, lost luggage and delayed flights are likely covered under the conditions of your card. Rather than that, you are covered solely for medical expenses, which can be as low as a few dollars per day.

Because you’re primarily purchasing travel medical coverage, you’ll pay significantly less than with the majority of the other insurers on this list. Simply ensure that you fully grasp what is and is not covered. GeoBlue’s policies include only rudimentary luggage protection and trip disruption coverage.

AIG TRAVEL

AIG Travel offers three types of travel insurance policies: the Annual plan, which covers any travel within a 12-month period, the Pack N’ Go plan, which covers last-minute travel, and the single-trip policy (of which there are three levels).

Single trip insurance can be purchased at the Essential, Preferred, or Deluxe levels, depending on the cost of the trip and the amount of compensation desired. If you live in New York state, though, you’ll have the option of a similar Silver, Gold, or Platinum plan, depending on your demands.

SEVEN CORNERS

Seven Corners not only offers travel insurance for residents of the United States, but also offers travel insurance with medical coverage for visitors to the United States. Plans with up to $5 million in coverage are available, but you can also purchase travel insurance for students, group travel insurance, and annual travel insurance for regular travelers.

GENERALI GLOBAL ASSISTANCE

Generali Global Assistance offers three customizable travel insurance plans: a Standard plan, a Preferred plan, and a Premium plan. The Standard plan offers the least coverage, while the Premium plan provides more coverage and higher limits at a higher upfront cost.

IMG TRAVEL INSURANCE

IMG Travel Insurance specializes in three broad categories of coverage: travel medical insurance, international health insurance, and regular travel insurance. Additionally, this organization offers a GlobeHopper Senior plan for retirees aged 65 and older, as well as programs tailored to expats, students, business travelers, and government employees.

iTravelInsured Travel Lite, iTravelInsured Travel SE, and iTravelInsured Travel LX are IMG’s three primary travel insurance plans for families and business travelers.

AXA ASSISTANCE USA

AXA Assistance USA offers three different levels of travel insurance (Silver, Gold, and Platinum) to accommodate consumers who wish to pay more (or less) for the appropriate level of coverage.

The Gold Plan is AXA’s mid-tier option, providing 100 percent cancellation coverage, 150 percent trip interruption coverage, $200 per day for trip delays ($1,000 maximum benefit),

$1,000 for missed connections, $500,000 for emergency medical evacuation coverage, and $100,000 for accident and sickness coverage. Additionally, the Gold Plan provides $300 in luggage delay coverage and $1,500 in baggage and personal effects coverage.

BERKSHIRE HATHAWAY TRAVEL PROTECTION

Berkshire Hathaway Travel Protection enables you to select from a variety of travel insurance policies and quickly obtain a free online estimate. Not only does the company offer travel insurance tailored to flights and cruises, but it also offers three different levels of coverage for your vacation: ExactCare Value, ExactCare, and ExactCare Extra. Additionally, the company offers specialized travel plans for adventure travel, road trips, and cruises.

TRAVEL SAFE

While TravelSafe’s Classic plan’s medical expenses coverage is limited in comparison to other top plans, the plan’s other coverage types have high limits.

This travel insurance policy includes trip cancellation coverage of up to $10,000, missing connections coverage of $500, travel delay coverage of $500, and accident and sickness medical expense coverage of $35,000 (primary coverage). Additionally, the plan includes a $100,000 emergency medical evacuation benefit.

CAT 70

Cat 70’s Travel Plan has excellent medical and evacuation coverage, making it well worth considering, even if the lower limits on certain other benefits are not an issue.

Cat 70 is a travel insurance firm backed by Squaremouth, a comparison site for travel insurance. It provides a single package that may be used for both domestic and foreign travel. Cat 70’s travel policy covers all eventualities, including canceled flights, lost luggage, injuries, and illness.