JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. Click here to see a list of advertisers that we work with. A counterfeit scheduled airline or train ticket; or a scheduled airline or train ticket which is charged to a fraudulently issued or fraudulently used eligible card. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Hot Tip: Due to the overall decrease in travel, many travel insurance companies now allow you to cancel your travel insurance and receive a full refund or extend your policy without extra charges. There are some things you just can't plan for. The American Express Gold Card is packed with valuable rewards and benefits that make it an easy choice for everyday spenders and frequent travelers. Hi William. Terms apply. Terms apply. For example, if you are 40 years old, youre going to pay less than a 41-year-old in the next pricing bracket but the same as a 17-year-old. Lets take a closer look at each of these elements. One of the companys strengths is that it offers the consumer the ability to purchase needed coverages separately, such as medical insurance for an international trip. Then, AmEx will automatically reimburse up to $50,000 in damage or theft for most rentals up to 30 days in length. Amex Platinum has more travel perks, like lounge access, Global Entry fee credit, elite hotel status, and luxury travel discounts. Note, the estimated return rate for these cards is based on TPGs latest valuations: The information for the Amex EveryDay Preferred card has been collected independently by The Points Guy. Here is some information you should know about cancellations and changes to an American Express Travel Insurance policy. Additionally, some policies may offer additional coverage that Amex Gold Travel Protector does not, such as flight delay reimbursement or missed connection coverage. There are two situations in which travel insurance can be worthwhile: to protect your trip and to protect your health. If youre a senior and want to learn more about purchasing travel insurance in your 60s, 70s, and beyond, the tips in our article will help guide you in the right direction. But this guide will walk you through which Amex credit cards have these benefits, what's currently covered and how you can file a successful claim. Many or all of the products featured here are from our partners who compensate us. Exploring the Benefits and Costs, Can Americans Travel to Palestine? If youre looking for medical coverage for an international trip, for example, purchasing with an established company at a reasonable price makes American Express Travel Insurance a worthy choice. The main disadvantage of Amex Gold Travel Protector is the cost of the policy. While its reasonable to want to cancel your trip due to fear of COVID-19, canceling a trip due to the fear of any illness is not a covered reason on any travel insurance policy. Additionally, the policy provides access to 24/7 customer service, emergency assistance, and legal advice. The first policy above with Assistance USA for $77, for example, has coverages similar to the Silver Amex plan which has a premium of $133. This is a very limited comparison your results will be different based on your specific details. is best known for its dining, grocery and rideshare perks. Nothing is worse than getting through an entire claims process only to be denied or have to start over because you dont have the required documentation for the insurance provider. $240 Digital Entertainment Credit: Get up to $20 back each month on eligible purchases made with your Platinum Card on one or more of the following: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times. Travel insurance policies can offer higher limit options. Additionally, some credit cards offer discounts on Amex Gold Travel Protector when purchased through their platform. Unfortunately, not every flight delay will be covered. Please view our advertising policy page for more information. Most credit card travel insurance coverage is secondary and in excess of other coverage you might have. The Bottom Line: This plan is solid travel insurance protection from a reliable company. Some airlines and hotels even waive cancelation fees and/or change fees for certain fares, which can make last-minute adjustments in the case of emergencies. However, not all cancellations are covered only those specifically listed in your policy. However, if you utilize the links for the travel insurance comparison sites, youll find several options for annual plans offered by highly-rated companies. Reach out to Alaska Airlines customer care at 1-800-654-5669. Theme: Newsup by Themeansar. We used policy comparison websites and found similar but not identical policies. American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. Trip delay insurance reimburses expenses when your travel plans are delayed by more than 12 hours. 1The Cash Back refund option applies if the Travel Protection Plan Plus is purchased within seven (7) days of your initial deposit for your trip. American Express baggage insurance covers luggage that is lost, stolen, or damaged while traveling on a common carrier. Credit card travel insurance is administered by a third party, not by the issuing financial institution, thus making the claims process potentially redundant and complicated. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. If some of the coverages in the package plan are not important to you, you can select only the coverage(s) you want and pay accordingly. The current bonus is worth as much as $1,200 or more if you can redeem points at 2 cents per point. Here, we will take a look at the pros and cons of Amex Gold Travel Protector. The Amex Gold comes. I wrote this lengthy article on what American Express Membership Rewards points are worth. Intoxication is defined by the laws of the jurisdiction where such accident occurs, The eligible traveler being under the influence of any narcotic or other controlled substance at the time of an accident, unless the narcotic or other controlled substance is taken and used as prescribed by a Physician, The eligible traveler's commission or attempted commission of any illegal or criminal act, including but not limited to any felony, The eligible traveler parachuting from an aircraft, The eligible traveler engaging or participating in a motorized vehicular race or speed contest, Dental treatment except as a result of accidental bodily injury to sound, natural teeth, Any non-emergency treatment or surgery, routine physical examinations, Hearing aids, eyeglasses or contact lenses, One-way travel that does not have a return destination. New trip cancellation and interruption insurance from American Express credit cards will provide you with up to $10,000 in coverage (and up to $20,000 per account per year) you can use for . According to American Express, a common carrier is an air, land, or water. While lounge access and travel credits are typically the highlights of these cards, some of the lesser-known benefits, such as trip delay reimbursement and trip cancellation and interruption insurance, are becoming hot topics as the coronavirus pandemic continues to impact the travel industry. helps coordinate services when things go wrong on a trip. Learn more. You can check out the full list of cards and details on American Express's website. Be sure to include the names of everyone in your party, flight confirmation number, flight numbers, travel dates and your contact information. Megan Lee joined the travel rewards team at NerdWallet with over 12 years of SEO, writing and content development experience, primarily in international education and nonprofit work. When Will Hawaiis Safe Travels Program End? Is Amex Gold Travel Protector Worth It? If you want to make sure youre purchasing from an established company and have specific coverages youre more interested in than others, American Express Travel Insurance is a solid decision. If youre booking a trip that has a complicated itinerary, involves several travel providers, or is more than a week in length, you might consider a comprehensive travel insurance policy. You may also have coverage if you become ill due to COVID-19 during your travels. Another downside that may or may not be important is that American Express Travel Insurance does not sell annual or multi-trip policies. The Delta SkyMiles Blue American Express Card. Think of AmEx Global Assist as your travel assistant. Additionally, the policy provides access to 24/7 customer service, emergency assistance, and legal advice. [1] [2] If a victim makes the payment, the . Here, we will take a closer look at the coverage offered by Amex Gold Travel Protector. Policies are designed to cover disruption due to the reasons listed in the policy you purchased. You might look to a company specializing in insuring these activities such as World Nomads. Types of Amex Gold card Travel Insurance All financial products, shopping products and services are presented without warranty. Amex outlines what is not covered, which includes the following: When you have a delay or trip cancellation/interruption that you think qualifies for coverage, you can file a claim by calling Amex at 1-844-933-0648 within 60 days of the covered loss. $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline. That means you'll need to file with your personal auto insurance company first. That's exactly the case with the Amex Platinum card. When comparing other package policies to American Express Travel Insurance, the companys premiums came up higher overall for this specific trip and traveler (1-week trip, 40-year-old, total value $3,000). However, if youre investing in an expensive trip or 1 that involves multiple travel providers, purchasing a comprehensive travel insurance policy is a prudent move. Amex Gold Travel Protector generally offers more comprehensive coverage than other policies, but it is often more expensive. Does AMEX offer an Annual Travel Insurance Policy? Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which we receive compensation. Want more credit card news and advice from TPG? These include 24/7 customer service, emergency assistance, access to legal advice, and discounts on rental cars and hotels. Sometimes it's worth a large investment to reap the benefits of a great credit card. Terms apply. After all, American Express Membership Rewards points are valued at up to 2.1 cents each. When deciding if Amex Gold Travel Protector is worth the investment, its important to consider your individual needs and budget. The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway. The current welcome offer on this card is quite lucrative. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. American Express Travel Insurance is backed by AMEX Assurance Company which is highly-rated, established, and reputable. travel insurance takes effect only when your trip is delayed more than 12 hours due to: Note that you must be on a trip starting from your city of residence to be covered. The Amex Cobalt has a huge welcome bonus worth up to 30,000 points after spending $500 every month for the first year. Find the right card for you. Cardholders can make up . Jonnica Hill via Unsplash. You can find more details about the coverage offered by Amex Gold Travel Protector on their website. If you'd like to add a comment to this article and share your valuable feedback and opinions, please click here to leave your comment. 3X FOR FLIGHTS BOOKED WITH AIRLINES Dave Herholz (CC BY-SA 2.0) via Flickr If losing your trip investment or having to pay for extra expenses if the trip is disrupted makes you uncomfortable or would present a financial burden, then you should purchase a comprehensive travel insurance policy. Also, like several other travel insurance companies, high-risk adventurous activities may not be covered with American Express Travel Insurance. Amex Gold Travel Protector covers a variety of potential issues that may arise during your travels, including trip cancellation and interruption coverage, medical and dental coverage, and baggage protection. Pre-qualified offers are not binding. Related: Everything you need to know about Amex's baggage insurance plan. Your email address will not be published. The card details on this page have not been reviewed or provided by the card issuer. Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card. CFAR insurance is expensive, does not cover the entire cost of your trip, and not all companies sell the coverage, including American Express Travel Insurance. The coverage on the $102 Assistance USA plan above compares more with the Amex Gold plan at $157. When not traveling, Megan adventures around her Midwest home base where she likes to attend theme parties, ride her bike and cook Asian food. How to book better and avoid flight delays. Empowering Lives with Nutritious and Delicious NDIS Meals! We may be compensated when you click on links from one or more of our advertising partners. Your flight is delayed or canceled and you must stay at a hotel and incur expenses for lodging and incidentals. Terms apply. You may have coverage if you become ill due to COVID-19 and need to cancel your trip, depending on the terms of your policy. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. The Gold Plan selected offers up to $100,000 in emergency medical, up to $750 in emergency dental, and up to $100,000 in emergency evacuation/repatriation. However, this mid-tier rewards card also offers cardholders several travel perks that can make it an appealing option for booking flights and rental cars. Her successful insurance and financial services career has been an excellent foundation from which to source her knowledge for many of Upgraded Points travel insurance articles. Luckily, there's Trip Cancel Guard. Families: I'm not saying families should flat-out reject American Express Travel Insurance. However, you'll need to be wary of several key restrictions: Coverage is secondary. In addition, travelers must be permanent residents of one of the 50 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands. This trip delay insurance kicks in when you pay for a trip with your American Express Gold Card or AmEx points. This is why you need to pay attention to the benefits each of your travel rewards cards offers. You can see the entire list of cards that offer secondary car rental protection on the American Express website. Lets take a look at the package policy offerings and pricing. Your rental car, as well as taxis and ride-share services such as Uber and Lyft, would be excluded from this protection. TPG values it at $1,600. 3x SkyMiles on eligible Delta purchases; 2x at restaurants and U.S. supermarkets. Terms apply. Terms apply. 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