American Express offers four types of travel insurance and protections to holders of the American Express Gold Card: Baggage insurance that covers lost, damaged or stolen baggage. Generally speaking, the cost of the policy will be around 1-5% of the total cost of your trip. 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. This bonus is worth roughly $402, according to WalletHub's calculations. Who's covered: This policy covers both primary and additional cardholders, as well as cardmembers spouses or domestic partners and any dependent children under 23 years old. Bottom Line: Knowing a travel insurance companys age pricing brackets can help you determine which company offers you the best value for your money. However, if you need outside help such as emergency translation or legal assistance you'll be on the hook for payments to third-party service providers. 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. Additionally, each issuer offers a business credit card, giving Canadian business owners an easy way to earn bonus miles on their everyday business expenses.How do I contact TD Credit Cards? You or a covered family member become ill and you must cancel your trip. helps coordinate services when things go wrong on a trip. AmEx even covers the loss or damage of bags on the way to or from the "common carrier terminal" (e.g., the airport). trip cancellation and interruption insurance, Best credit cards for trip cancellation and interruption insurance, Hilton Honors American Express Aspire Card, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Reserve Business American Express Card, Marriott Bonvoy Brilliant American Express Card, Delta SkyMiles Platinum American Express Card, Delta SkyMiles Platinum Business American Express Card, The best credit cards with travel insurance, Book carefully if you have multiple Amex cards that offer travel protections, when to use American Express Premium Car Rental Protection. Seldom travelers may not get enough value to warrant the cost. If that sounds like you, check out Seven Corners. However, all American Express credit cards offer an optional "Premium Car Rental Protection policy" that can be added to rentals made using the card for a small fee. In order to have coverage for voluntary trip cancellations, you would need to purchase Cancel for Any Reason Insurance (CFAR). Megan has built and directed remote content teams and editorial strategies for websites like GoAbroad and Go Overseas. Bottom Line: American Express Travel Insurance offers 4 different levels of package policies, each comprising a collection of coverages most travelers look for. This site does not include all credit card companies or all available credit card offers that are on the market. NerdWallet strives to keep its information accurate and up to date. Allianz Travel Insurance Coverage Review Is It Worth It? This is why you need to pay attention to the benefits each of your travel rewards cards offers. Here, we will take a look at some of the ways you can save money with Amex Gold Travel Protector. to get secondary coverage of up to $50,000 for damage or theft. In exchange for the annual fee, you'll unlock access to the Amex Membership Rewards program that let you access airline and hotel transfer partners, along with new lifestyle and travel credits. Additionally, if you become ill with the virus during your travels, you may have coverage under Travel Medical Protection. One of the main advantages of Amex Gold Travel Protector is the comprehensive coverage it offers. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. 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. Consider the type of coverage offered, the cost of the policy, and any additional benefits provided by the policy. Read our guide on when to use American Express Premium Car Rental Protection for more details on this coverage option. 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. Learn more: The cheapest car rental companies, according to data. 3x on all travel and at restaurants worldwide. For example, you'll generally need to pay for trips with your American Express Gold Card to get these travel protections. Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. You must purchase a new policy for each individual trip. You can accomplish this by strategically using each card for purchases where it earns the most bonus points. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic . 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. No, you do not need to be an American Express cardholder to purchase a travel insurance policy from American Express Travel Insurance. Types of Amex Gold card Travel Insurance Additional reporting by Stella Shon and Madison Blancaflor. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Travel insurance policies can offer higher limit options. 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. Here are some of the most popular, easy-to-use comparison sites that only feature highly financially-rated travel insurance companies. Email needed if you'd like comment updates. Trips booked with miles from other sources even the cobranded Delta SkyMiles cards from Amex are excluded. Terms apply. It also does not cover canceling your trip due to a government shutdown due to COVID-19, or a surge in cases in a particular area. Amex Gold Travel Protector offers a range of coverage options, including trip cancellation and interruption coverage, medical and dental coverage, baggage protection, and more. The travel insurance coverages that come with your credit card can be sufficient to cover simple trips. 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. This post contains references to products from one or more of our advertisers. 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. Evacuation >> Be transported to an appropriate facility if ill or injured while traveling away from home. Terms apply. You want a travel credit card that prioritizes whats important to you. 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. If you can max out all the benefits this card has to offer, it might become a cornerstone of your wallet. You can request a receipt for any flight taken in the past 13 months, For proof of delay or cancellation, submit an online request through their. The Hilton Honors Card. All permanent U.S. residents are eligible to purchase travel insurance with American Express. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Note that this limit is applied per person and not per bag. You can use points earned with the AmEx Gold to offset flights booked through American Express Travel, AmEx's easy-to-use travel portal, but you'll only get one cent per point in value. 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. Having a card with trip insurance can save you hundreds of dollars when unexpected hiccups happen in your travel plans. There are some things you just can't plan for. The premiums for such coverage are also very competitively priced. is a former TPG writer, covering everything from the latest deal to deeper guides with a focus on beginners. The average initial bonus is 31,338 points/miles or $230 cash back. 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. You can see the entire list of cards that offer secondary car rental protection on the American Express website. The cheapest car rental companies, according to data, One of the newest travel insurance perks of the, (added as of Jan. 1, 2020) is trip delay insurance protections. When deciding whether or not Amex Gold Travel Protector is worth it, it is important to compare it to other insurance options. Travel insurance does not cover canceling your trip due to fear of getting sick. In addition, as an Amazon Associate we earn from qualifying purchases. To activate this coverage, all you need to do is pay for the entire cost of the flight, train, bus or cruise with your, travel insurance protection covers cardmembers when they rent a car. Terms apply. After working as a tax accountant for a decade, JT turned his analytical skills to points, miles and credit cards. 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. Terms apply. This example shows the levels of coverage available and the associated premium costs. 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. Amex Platinum has more travel perks, like lounge access, Global Entry fee credit, elite hotel status, and luxury travel discounts. Keep in mind that a provider may ask for additional documentation related to the incident, so you may have to collect receipts and other forms to help your case. However, if you are only planning one trip, it may be more cost effective to purchase a separate travel insurance policy. It has relevant bonus . These include up to $120 in Uber Cash, up to $120 in dining. Travel insurance can help you avoid losing the investment you made when booking your trip, reimburse you for covered expenses should your trip be disrupted due to a covered event, or pay for emergency medical services. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula.The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. For example, you'll generally need to pay for trips with your. 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. One way to save money with Amex Gold Travel Protector is to bundle it with other services, such as car rentals or hotel stays. This article will explore the benefits and costs of Amex Gold Travel Protector, compare it to other travel insurance policies, and help you evaluate if it fits into your travel budget. Yes in fact, several kinds. 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. 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