Carry-on bags are covered for up to $1,250, which is good to know since your belongings could be stolen from the overhead bins. Bottom Line: Travel insurance does not cover canceled trips due to fear of getting COVID-19 or a government declaration that a specific destination is unsafe. All permanent U.S. residents are eligible to purchase travel insurance with American Express. Another downside that may or may not be important is that American Express Travel Insurance does not sell annual or multi-trip policies. When deciding whether or not Amex Gold Travel Protector is worth it, it is important to compare it to other insurance options. A Comprehensive Guide, Is Hiring a Travel Agent Worth It? The Amex Gold's current welcome bonus offer is 60,000 Membership Rewards points after spending $4,000 on purchases in the first 6 months. Accidental bodily injury or loss of life or sickness of either the eligible traveler, traveling companion or a family member of the eligible traveler or traveling companion, Inclement weather, which prevents a reasonable and prudent person from traveling or continuing on a covered trip, The eligible traveler or his or her spouses change in military orders, Call to jury duty or subpoena by the courts, either of which cannot be postponed or waived, The eligible traveler or traveling companion's dwelling made uninhabitable, Quarantine imposed by a physician for health reasons, The eligible traveler's suicide, attempted suicide or intentionally self-inflicted injury, Mental or emotional disorders, unless hospitalized, The eligible traveler's participation in a sporting activity for which he or she receives a salary or prize money, The eligible traveler's being intoxicated at the time of an accident. This is a welcome change. Each U.S. major airline also has a process for requesting this information after the fact. <bi-shortcode id="table-of-contents-sticky" class="mceNonEditable" data-type="h2">Table of Contents: Masthead Sticky</bi-shortcode><bi-shortcode id="summary-shortcode . Here are some of the most popular, easy-to-use comparison sites that only feature highly financially-rated travel insurance companies. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. For example, you'll generally need to pay for trips with your American Express Gold Card to get these travel protections. However, it can still be an excellent resource when you need help before or during your travels. 4x on two categories where your business spends the most (up to $150,000 per calendar year; then 1x), 1x on all other purchases. 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. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic . Empowering Lives with Nutritious and Delicious NDIS Meals! Breeze through security with CLEAR lanes available at 100+ airports, stadiums, and entertainment venues and get up to $189 back per calendar year on your membership when you use your Card. 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. This is because you can convert 1 point into 1.33 Nectar points via the Avios partnership. which covers damage to or theft of eligible car rentals. Get up to $300 back per calendar year on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. Assigning Editor | Travel, SEO, Travel Loyalty Programs. The card details on this page have not been reviewed or provided by the card issuer. This is a very limited comparison your results will be different based on your specific details. Evacuation >> Be transported to an appropriate facility if ill or injured while traveling away from home. When evaluating offers, please review the financial institutions Terms and Conditions. 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. Based on dozens of quotes obtained, pricing brackets were determined to be as follows: Knowing this upfront can help you determine if youre at the beginning of the highest price bracket or the end. That means you'll need to file with your personal auto insurance company first. Image Credit: Upgraded Points Additionally, if you become ill with the virus during your travels, you may have coverage under Travel Medical Protection. American Express Travel Insurance, underwritten by AMEX Assurance Company, is one of those highly-respected, highly-rated, established companies offering comprehensive travel insurance solutions. All Amex cards have access to Amexs Global Assist Hotline, but the Premium Global Assist Hotline and higher level of coverage are reserved exclusively for the Amexs premium cards: The information for the Amex Centurion and Amex Business Centurion cards has been collected independently by The Points Guy. The premiums for such coverage are also very competitively priced. You are injured in an accident during your trip and need to be evacuated to a hospital by air ambulance. Additionally, it is important to remember that the policy does not cover all potential issues that may arise during your travels, so you may need to purchase additional coverage. Earn 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. Another useful American Express Gold Card travel insurance protection covers cardmembers when they rent a car. Policies are designed to cover disruption due to the reasons listed in the policy you purchased. Your flight is delayed or canceled and you must stay at a hotel and incur expenses for lodging and incidentals. Email needed if you'd like comment updates. For more information on our advertisers, see here. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. The American Express Gold Card's 4 points per dollar earnings rate at restaurants and U.S. supermarkets (up to $25,000 per calendar year, then 1 point) make the card a rewarding choice . For example, if you book a domestic round-trip flight, a hotel, and a rental car, you may have sufficient coverages on your credit card to cover that trip. You may also have coverage if you become ill due to COVID-19 during your travels. After Amex receives notice of your claim, instructions will be sent on how to send the proof. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. 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. Pre-qualified offers are not binding. This example shows the levels of coverage available and the associated premium costs. Megan has built and directed remote content teams and editorial strategies for websites like GoAbroad and Go Overseas. JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. 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. You can check out the full list of cards and details on American Express's website. 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. The Amex Gold is a valuable option for U.S.-based customers who spend heavily on dining and groceries at U.S. supermarkets and are looking for an in-between, "premium-lite" card that offers good returns without a hefty price tag. that covers lost, damaged or stolen baggage. This AmEx card gets you baggage, car rental and trip delay insurance alongside AmEx Global Assist services. As a result, many TPG readers have sent in questions about Amex's travel insurance protections. From travel protections to car rental damage waivers, let's find out how the American Express Gold Card travel insurance works. If so, where might I find the details and how to price it? ? Even with a steep annual fee, you'll get excellent dining and travel perks that can help make up for the cost. Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which we receive compensation. Annoyance with a side of omelet: Was my day-use hotel room worth the hassle? Youd also want a travel insurance policy if your trip has a complicated itinerary or if youre anxious about the possibility of having to cancel any portion of the journey. $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. For rates and fees of the Amex Platinum card, please click here.For rates and fees of the Amex Gold card, please click here.For rates and fees of the Amex Business Gold card, please click here.For rates and fees of the Amex Green card, please click here.For rates and fees of the Hilton Aspire card, please click here.For rates and fees of the Amex Blue Business Plus card, click here.For rates and fees of the Marriott Bonvoy Brilliant card, click here.For rates and fees of the Delta SkyMiles Reserve card, please click here.For rates and fees of the Delta SkyMiles Reserve Business card, please click here.For rates and fees of the Delta SkyMiles Platinum card, please click here.For rates and fees of the Amex Business Platinum card, click here. AmEx even covers the loss or damage of bags on the way to or from the "common carrier terminal" (e.g., the airport). Get more smart money moves straight to your inbox. 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. Christine was born in Northern Michigan but spent most of her career operating her own business developing and managing insurance and financial services offices throughout the state. Yes, overall. If you're a frequent traveler, you've likely run into this situation at some point (it's the worst). You generally wont find medical coverage on a credit card. The policy offers comprehensive coverage, 24/7 customer service, and potential savings. Reach out to Alaska Airlines customer care at 1-800-654-5669. In addition to providing coverage for a variety of potential problems, Amex Gold Travel Protector also offers a number of other benefits. Terms apply. So ~4% Amex gold vs. 3% Freedom Flex. 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Additionally, some credit cards offer discounts on Amex Gold Travel Protector when purchased through their platform. NerdWallet's ratings are determined by our editorial team. We frequently discuss the travel insurance coverages that are offered complimentary on most credit cards. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. Exploring the Pros, Cons, and Benefits of Utilizing Professional Vacation Planning Services. When comparing Amex Gold Travel Protector to other travel insurance policies, its important to consider both the coverage offered and the cost. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Amex Gold Travel Protector offers a range of coverage options, including trip cancellation and interruption coverage, medical and dental coverage, baggage protection, and more. | 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. Your trip also isnt covered if you used a combination of miles and dollars unless the miles came from a Membership Rewards transfer. Each of these travel protections has limits, exclusions and requirements. However, not all cancellations are covered only those specifically listed in your policy. Having a card with trip insurance can save you hundreds of dollars when unexpected hiccups happen in your travel plans. Terms apply. We'll run a soft credit check to find special offers, but it wont affect your credit score. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. But, don't worry if you booked a complicated itinerary. This information may be different than what you see when you visit a financial institution, service provider or specific products site. The types of losses it covers: Youre covered for losses resulting from damaged, stolen or lost baggage, including both carry-on and checked bags. Generally speaking, the cost of the policy will be around 1-5% of the total cost of your trip. Typically, you have up to 180 days to file a claim after a delay or cancellation. We used policy comparison websites and found similar but not identical policies. The Delta SkyMiles Blue American Express Card. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and prior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Like most travel insurance companies, American Express Travel Insurance prices its products within age brackets. But, don't worry if you booked a complicated itinerary. Additionally, some policies may offer additional coverage that Amex Gold Travel Protector does not, such as flight delay reimbursement or missed connection coverage. Amex Platinum has more travel perks, like lounge access, Global Entry fee credit, elite hotel status, and luxury travel discounts. Hilton Honors American Express Aspire Card: The Amex EveryDay Preferred Credit Card from American Express, Everything you need to know about Amex's baggage insurance plan. <p><img src="https://static6.businessinsider.com/image/5dd85b72fd9db25e383b14e3-2377/american express 6.jpg" border="0" alt="american express 6" data-mce-source . But families don't get a break on premiums. Outside of the current welcome bonus, youre only earning higher rewards on specific airfare and hotel purchases, so its not a great card for other spending categories. For example, if you become sick with the virus and have to cancel your trip as a result, you may have coverage under trip cancellation insurance. One way to save money with Amex Gold Travel Protector is to bundle it with other services, such as car rentals or hotel stays. Additional reporting by Stella Shon and Madison Blancaflor. When not traveling, Megan adventures around her Midwest home base where she likes to attend theme parties, ride her bike and cook Asian food. Join us while we check out the types of policies the company offers, any limitations of which to be aware, and additional options for protecting your next trip appropriately. For reference, the six "freebies" are: The Blue Cash Everyday Card. Learn more: How to book better and avoid flight delays. The card is a good choice for the occasional Delta flyer without elite. AmEx doesn't provide coverage for vehicles rented in Australia, Italy or New Zealand. Terms apply to the offers listed on this page. No responsibility will be taken by the bank advertiser for these comments. There are two situations in which travel insurance can be worthwhile: to protect your trip and to protect your health. Before you start filing a claim, make sure you have the documents listed above. Terms apply. This influences which products we write about and where and how the product appears on a page. (Note: Is this article not meeting your expectations? This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Up to. The scoring formula takes into account the type of card being reviewed (such as cash back, travel or balance transfer) and the card's rates, fees, rewards and other features. This AmEx collision damage waiver, or CDW, covers damage and theft to the car you rent. Yes, the Amex Gold card does have travel insurance benefits, the best of which are car rental loss and damage insurance and baggage insurance. Nearly all of Amex's premium rewards cards offer baggage insurance. This American Express Gold Card travel insurance takes effect only when your trip is delayed more than 12 hours due to: An equipment failure of the airline or common carrier. This is why you need to pay attention to the benefits each of your travel rewards cards offers. Rent a car with your American Express Gold Card to get secondary coverage of up to $50,000 for damage or theft. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. 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. The AmEx Global Assist Hotline services available to. Does AMEX offer an Annual Travel Insurance Policy? The Amex Gold Card comes with valuable perks for shopping, dining, and travel that can help you save money, including monthly credits that can put a big dent in the card's annual fee. Flexibility, point transfers and a large bonus: Bank of America Travel Rewards credit card. Yes in fact, several kinds. You can select a package policy that includes several types of coverages in 1 plan or you can build your own travel insurance plan and select just the coverages that are important to you. Enrollment required. These include up to $120 in Uber Cash, up to $120 in dining. The Cash Magnet Card. However, it can still be an excellent resource when you need help before or during your travels. And the maximum benefit for each of these is capped at a certain amount. 3x on eligible Delta purchases, 1x on all other purchases (that can become 1.5x after you spend $150,000 in a calendar year.) Be sure to include the names of everyone in your party, flight confirmation number, flight numbers, travel dates and your contact information. Families: I'm not saying families should flat-out reject American Express Travel Insurance. Terms apply. Lets take a closer look at each of these elements. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and p. rior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Terms apply. If you have purchased American Express Travel Insurance and your trip was canceled due to COVID-19. American Express Trip Cancel Guard The flexibility to change your mind. It includes adequate coverage for all the primary travel risks and includes a few options to fill in any gaps. Improve earnings, maximize rewards and track progress toward dream trips. However, it is important to remember that the cost of the policy can add up quickly and it may not cover all potential issues that may arise during your travels. 3x on eligible Delta purchases, 1x on all other purchases. 1.33 Nectar points are worth 0.66p when spent at Sainsbury's, Argos or eBay. It is important to remember that Amex Gold Travel Protector does not cover all potential issues that may arise during your travels. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Proudly powered by WordPress The main disadvantage of Amex Gold Travel Protector is the cost of the policy. In conclusion, Amex Gold Travel Protector can be a great way to protect yourself and your finances during your travels. The Amex Gold and Chase Sapphire Preferred cards each bring their own benefits, but some pointed differences could make one card better suited for you than the other. AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. 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. members aren't as comprehensive as what you'll get on other premium AmEx cards. One of the documents required to file for trip delay reimbursement is a verification form that outlines the reason for the delay or cancellation by the carrier. This site does not include all credit card companies or all available credit card offers that are on the market. One way to easily compare pricing and coverages is to utilize a travel insurance comparison site to narrow down the appropriate options for your situation. The Delta SkyMiles Gold American Express Card was revamped in 2019 with a new list of perks and revised earning rates. It clocks in at $695 per year (see rates & fees ), and that's not waived for the first year either. A Comprehensive Review. The average initial bonus is 31,338 points/miles or $230 cash back. Terms apply. 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. Global Assist helps coordinate services when things go wrong on a trip. This site does not include all credit card companies or all available credit card offers. To receive coverage, you also need to pay for the entire fare with an eligible American Express card or by using Membership Rewards points to book tickets through Amex Travel. Bottom Line: Utilizing a travel insurance comparison website can help you quickly narrow your choices to policies that fit your needs and your budget. These reasons consist of events that are unforeseen and unexpected. When evaluating offers, please review the financial institutions Terms and Conditions. It will NOT be published. When evaluating whether or not Amex Gold Travel Protector is worth it, the most important factors to consider are the types of coverage offered and the cost of the policy. This should be done as soon as possible, but. But is Amex Gold Travel Protector worth it? Travel insurance policies can offer higher limit options. All information and content provided by Upgraded Points is intended as general information and for educational purposes only, and should not be interpreted as medical advice or legal advice. Also, like several other travel insurance companies, high-risk adventurous activities may not be covered with American Express Travel Insurance. Then, AmEx will automatically reimburse up to $50,000 in damage or theft for most rentals up to 30 days in length. 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. Amex Gold Travel Protector generally offers more comprehensive coverage than other policies, but it is often more expensive. 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. How much it covers: Most American Express credit cards will cover replacement costs for checked bags and their contents up to $500 per person, although so-called high-risk items are only covered for a maximum of $250. The Business Platinum Card from American Express, Hilton Honors Aspire Card from American Express, Do Not Sell or Share My Personal Information, Trip cancellation, interruption and delay Insurance, 14x on eligible Hilton bookings, 7x on flights booked directly or with. The travel insurance coverages that comes complimentary on your credit card can serve to provide coverage for some trips. These complimentary coverages are useful and can offer more than adequate coverage for most trips. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Want more credit card news and advice from TPG? Credit card travel insurance coverage, however, is not a replacement for a comprehensive travel insurance policy, for these reasons: Bottom Line: While the travel insurance coverages that come with credit cards may be sufficient to cover a simple trip where there is no large investment at stake, these coverages are by no means a replacement for a comprehensive travel insurance policy. AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. Uber Cash and Uber VIP status is available to Basic Card Member only. There is also no coverage for canceling a trip due to a U.S. State Department announcement warning of COVID-19 in a particular area. This information may be different than what you see when you visit a financial institution, service provider or specific products site. In addition, travelers must be permanent residents of one of the 50 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands. We used policy comparison websites and found similar but not identical policies. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. 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. The card details on this page have not been reviewed or provided by the card issuer. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. It can be relatively expensive, especially if you are planning multiple trips throughout the year. Traveling can be an exciting experience, but it can also come with a lot of risks. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. You can find more details about the coverage offered by Amex Gold Travel Protector on their website. Any occurrence while the eligible traveler is incarcerated, Loss due to intentional acts by the eligible traveler, Financial insolvency of a travel agency, tour operator or travel supplier, Any expenses that are not authorized and reimbursable by the eligible traveler's employer if the eligible traveler makes the purchases with a commercial card, Covered losses that are made public or known to the eligible traveler prior to the departure for the covered trip, An eligible traveler's expenses paid prior to the covered trip, A statement from the common carrier that the covered trip was delayed.