Travel insurance can be a complicated subject with such a wide range of options for coverage and providers.
Here’s the bottom line: if you have a travel credit card (usually any credit card that offers 0% foreign transaction fees, travel rewards, etc.) you will have a certain amount of coverage automatically included on your card as long as you purchase your flight with said card.
With a good travel credit card, you may only need two other kinds of insurance, so it’s important you start by checking your credit card benefits.
This page contains affiliate links.
Credit Card Travel Insurance Coverage
Double check your credit cards, but this coverage usually includes:
- Trip and baggage delay
- Trip cancellation
- Rental car collision coverage
The kicker here is trip delay. With a good (usually for a higher annual fee) travel credit card like the Chase Sapphire Reserve that I have, you’ll be eligible to claim expenses for a delay as short as 6 hours (double check your card).
I do not prioritize buying any extra travel insurance for the above features, because it’s a waste of money. These benefits come with my card and are already paid for in my annual fee.
Two important features that credit card insurance lacks are:
- General medical coverage
- CFAR (Cancel For Any Reason)
Where to Get Travel Medical Insurance
SafetyWing travel medical insurance is the one travel insurance I ALWAYS buy, for EVERY trip.
For nomads by nomads: Access a qualified global network of hospitals and doctors for unexpected medical problems and accidents. Includes coverage for: Doctors, Hospitals, Emergency medical evacuation. Also includes coverage for travel delay, lost checked luggage, emergency response & natural disasters, personal liability.
Only $45 per 4 weeks for worldwide travel medical coverage (ages 18-39, other ages available). This is 1/3rd price compared to biggest competitor for similar coverage. Get a quote with SafetyWing travel medical insurance.
*This is my personal favorite go-to travel insurance, I always get it, no matter the trip.
Where & Why to Get CFAR (Cancel For Any Reason) Travel Insurance
CFAR covers you for just that – ANY reason. But you generally need to purchase coverage as soon as you have made an investment in your trip, i.e. booking a flight or putting a deposit down for a trip, as many CFAR policies require purchase within a certain timeframe. With CFAR, your investment is covered immediately.
World Nomads offers CFAR and medical and everything else you might need. It’s a great one-stop shop for travel insurance.
If you don’t need extra bells and whistles, no CFAR, no trip delay, etc., get medical coverage with SafetyWing and be on your way!
World Nomads
World Nomads covers people from 140 countries, with medical and evacuation cover, 24-hour emergency assistance and over 150 adventure activities. Get a quote below.
Compare Plans with InsWorld NomadsureMyTrip
InsureMyTrip is the best option to compare several plans at once to find the right coverage for you. They have thousands of travel insurance plans and a one-of-a-kind recommendation engine to help travelers find the right plan. Most importantly, they will be there for you before, during and after your trip if you should need anything – especially help with a claim with the provider.
Click below to get a quote from InsureMyTrip:
Travel Guard
With over 20 years of industry experience, Travel Guard is America’s leading travel insurance plan provider. They specialize in providing innovative travel insurance, assistance & emergency travel service plans for millions of travelers & thousands of companies throughout the world. Their industry-leading, comprehensive travel insurance plans are distributed by more than 12,000 travel companies through virtually every distribution channel in the travel industry. Comprehensive travel insurance programs start at $30, include per-trip & annual plans, coverage for trip cancellation, trip interruption, trip delay, medical expenses, baggage loss & more!
Travel Guard offers Cancel For Any Reason insurance.
Redpoint Insurance
Redpoint provides individuals and families world-class assistance, evacuation and travel insurance programs tailored to your travel needs. All of their consumer travel insurance programs include 24/7/365 access to paramedics, nurses, physicians, military veterans and other travel experts. Redpoint covers nearly 10 million people worldwide and has evacuated clients from all seven continents.
The following are options offered by Redpoint:
Cavalry Elite Travel Insurance and Ripcord Rescue Travel Insurance are integrated programs combining the best evacuation and assistance services with optional travel insurance benefits designed for specific travel activities and locations. These two options will give you the most peace of mind.
Harbor Travel Insurance covers medical expenses, trip cancellation, lost luggage, flight accident and other losses incurred while traveling, either internationally or domestically.
Harbor also offers Cancel For Any Reason insurance.
Travel Insurance Disclosure
The information above is provided for your convenience in good faith, but please do not direct your insurance questions to me, as I cannot legally advise you.
Travel insurance plans provide insurance coverage that only apply during the covered trip. You may have coverage from other sources that provide you with similar benefits but may be subject to different restrictions, depending on the coverage. You may wish to compare the terms of your travel insurance policy with your existing life, health, home, and automobile insurance policies.
Be sure to select a plan that provides Cancel For Any Reason insurance if you want ultimate peace of mind. This is often offered as an upgrade to regular plans.
If you have any questions about your current or proposed coverage, call the insurer or your insurance agent broker.
For more a breakdown of what travel insurance means and what you can get covered for, check out What You Need to Know About Travel Insurance.
