top up travel insurance

Top Up My Cover Cancellation

“TOP UP” YOUR CANCELLATION COVER TODAY

• Up to £50,000 per person†
• Protects your holiday costs
• Cover for all destinations*
• Any trip duration
• No medical screening
• For people aged 85 years or under

Why top up?

If you have booked a holiday that costs more than your existing travel policy cancellation limit, you won’t get all your money back if you have to cancel your trip.

The answer is to purchase EXTRA Cancellation cover.

Top Up My Cover Cancellation allows you to purchase up to £50,000 †  extra cancellation cover (per person) so that your holiday costs can be fully covered.

So, if you already have a policy but need more Cancellation cover you don’t have to replace it with another – simply ‘Top it Up’!

We cover you as long as your main insurer does too

• Top Up My Cover Cancellation acts as a “top up” to your main travel insurance policy.
• As long as you have at least £1,000 of cover (per person) on your main travel insurance policy, we will cover you**.
• Peace of mind knowing all your holiday costs are covered!

02392 419 882

† The maximum ‘top up’ amount is £50,000 per person (£15,000 per person if aged 75-79 and £10,000 per person if aged 80-85), with an overall limit of £100,000 per policy.

* providing you are travelling to a location that is covered on your main policy. ** subject to being eligible for a Top Up My Cover Cancellation policy.

If we can’t offer you the travel insurance cover you want, or your premium is higher than you expected because you have serious medical conditions, you may be able to get help by accessing the  Money and Pensions Service travel directory  or by calling 0800 138 777 (Open Monday to Friday, 8am to 6pm).

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Top-Up Your Travel Insurance

Preparing for a trip? It’s also a good idea to consider travel insurance in your plans. If you have an existing travel insurance plan but want to extend your period of coverage, consider "top-up" coverage. Whether it’s an existing TD Insurance Travel Medical Insurance plan or another insurer's coverage, TD Insurance Travel Insurance offers the ability to apply for top-up coverage.

What is top-up coverage?

Top-up coverage is an optional insurance coverage that you can apply  to extend the coverage period you may already have.  For example, through an existing travel insurance plan included on your credit card, or by your employer. Purchasing top-up insurance can help provide travel medical insurance coverage for travelers who find themselves away for a longer period than what they're covered for.

Here is an example of how top-up coverage works:

• Mark is travelling to a destination for 30 days. His credit card has emergency travel medical coverage of up to $1 million, for the first 21 days of the trip.
• Mark tops up his credit card coverage by purchasing a TD Insurance Travel Insurance plan for the last 9 days of this trip.
• After his purchase, for the first 21 days of his trip, Mark would have up to $1 million of emergency travel medical coverage through his credit card. For the remaining 9 days, he would have up to $5 million in coverage from TD Insurance.

What is top-up coverage for credit cards?

TD Insurance offers a top-up coverage option for certain TD  Visa * Credit Cards, allowing you to extend your insurance coverage period during your trip:

• TD® Aeroplan®  Visa  Infinite* Card
• TD® Aeroplan®  Visa  Infinite Privilege* Card
• TD First Class Travel  Visa  Infinite* Card
• TD Cash Back  Visa  Infinite* Card
• TD® Aeroplan®  Visa * Business Card
• TD Business Travel  Visa * Card

Why should you consider top-up coverage?

A number of Canadians get travel insurance through their work or credit card. However, your existing travel medical insurance may not provide coverage for the entire length of your trip. Top-up insurance can provide travel medical coverage for the dates after that initial travel insurance coverage expires.

How do you apply to top-up your coverage?

If you already have TD Insurance Travel Medical Insurance coverage and your trip is longer than what you're covered for, you can apply to top-up your plan at any time. Get in touch with a Travel Insurance Advisor by giving our administrator, Global Excel, a call at  1-833-962-1143  or  519-988-7632  and get started

If you’re looking to top-up your coverage and you’re with a different insurance provider, that’s okay too. You’ll have to apply before your trip to be eligible to top-up your coverage.

In both cases, you will be required to meet the requested terms and conditions associated with the insurance plan, including paying the required premium for top-up coverage.

Have additional questions about topping up your travel insurance? We’re ready to help. For general questions, you can reach us at  1-833-962-1143  or  519-988-7632 , Monday to Friday from 9 a.m. to 5 p.m. EST

All trade-marks are the property of their respective owners. For trade-mark ownership details, see  www.tdcanadatrust.com/aeroplancards

* Trademark of  Visa  International Service Association and used under license.

®The TD logo and other trade-marks are the property of The Toronto-Dominion Bank

The content on this page is for general information purposes only and does not constitute legal, financial or insurance advice.  The information contained herein, is subject to change without notice. Speak to a licensed professional insurance advisor regarding your specific situation.

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Top-up Cancellation for Travel Insurance

Protect your high-value holidays with substantial top-up cancellation cover.

Planning a holiday that your Travel Insurance doesn’t fully cover? Top-Up Cancellation Travel Insurance allows you to buy up to £50,000 extra cover per person so that your holiday costs can be fully covered. 

And it doesn’t matter if you already have a primary Travel Insurance policy, as this  standalone top-up cancellation cover offers additional cancellation cover to that covered under your main policy.

What is Top-Up Cancellation Travel Insurance?

Top-Up Cancellation Travel Insurance is a separate policy that you can take out if the price of your holiday exceeds the amount covered on your main Travel Insurance policy.

That means you can claim the full amount back, depending on the cost of your trip and reason for cancelling.

This type of cover extends the cancellation limits of your primary Travel Insurance policy, ensuring your high-value trips are protected if you need to cancel for an unforeseen circumstance.

Most Travel Insurance policies cover between £1k and £10k per person, whereas at Just Travel Cover we can cover up to £12,500 per person as standard, and our add-on cover can cover up to the value of £50,000 per person.

How Does it Work?

This cover can be added to your existing Travel Insurance policy, whether that is with Just Travel Cover or another provider. It’s useful for travellers who have insurance in place (for example with the bank), but where that policy only covers up to £10,000, for example. If your holiday has cost £30,000, Top Up Cancellation Cover can help.

Why Cancellation Cover is Essential

Sometimes, plans don’t go according to plan and holidays need to be cancelled. For example, if you experience an unexpected situation such as sudden illness, injury, bereavement, or job loss, then you may need to use your Travel Insurance cancellation cover to claim back any monies paid.

It’s important to ensure that your policy covers the full cost of your holiday, which is why you may need to top up the cancellation element.

Our top-up cancellation policy means you can pay off the holiday with peace of mind that you have that safety net in place, should you need to cancel for an insured reason.

While we can’t prevent the unexpected, having substantial top-up cancellation cover ensures that you are financially safeguarded against the unpredictable, allowing you to plan your travels with confidence and peace of mind.

High Protection for Premium Holidays

Our Top-Up Cancellation Travel Insurance provides an extra layer of financial protection for high-cost holidays. Each policy is different, but we can provide cover up to £12,500 per person in cancellation cover as standard, which can then be topped up to £50,000pp – ensuring your high-value trips are fully protected.

Whether you’re embarking on a luxurious cruise or a once-in-a-lifetime destination holiday, we help ensure your trip is fully covered, beyond the limits of your existing Travel Insurance.

Why Choose Just Travel Cover

• Enhanced Cover Limits: We offer up to £50,000 per person in top-up cancellation cover for those up to age 74, and up to £10,000 per person for those aged 75-85.
• Flexible Policy Options: Our top-up cover can be added to any existing policy, provided there is a minimum of £1,000 cancellation cover already in place.
• Standalone Product: Even if you have insurance with your bank or another provider, our product works independently to cover any additional costs.
• High Policy Limits: We cover up to £50,000 per person additional cover, providing peace of mind for your high-value holidays.
• Simple Process: Easy to add to your current policy by contacting our call centre.
• Increasing Cover Limits: While top-up cancellation cover will not cover exclusions to the main policy or risks not covered by the primary policy, it increases the limits of the main travel policy, ensuring you have more financial protection within the scope of the primary policy’s cover.
• Customised Protection: You can tailor the top-up cover to your specific needs. You may choose to increase cover for particular aspects of the trip, such as non-refundable expenses or higher-value items, as long as these are covered by the primary policy.
• Financial Protection: The top-up cancellation cover provides peace of mind by offering additional financial protection against unexpected events that might force the cancellation or curtailment of a holiday.

Whether your current Travel Insurance policy doesn’t offer sufficient cover for cancellations or you simply want extra peace of mind, Just Travel Cover has you protected.

Top-up Cancellation for Travel Insurance FAQs

Frequently asked questions about top-up cancellation cover for your Travel Insurance .

How does top-up cancellation insurance work?

Can i add top-up cancellation cover to any existing travel insurance policy, do i need to declare pre-existing medical conditions when securing top-up cancellation cover, what if i have a travel insurance policy with just travel cover and wasn’t offered top-up cancellation.

If you already have a Travel Insurance policy with Just Travel Cover and were not offered Top-Up Cancellation cover, it may be because this product can only be offered over the phone. You can still add our top-up cancellation product to your existing policy. Contact our call centre at 0800 294 2969 to discuss your options and ensure your high-value trip is fully protected.

Can I add top-up cancellation cover to Cruise Travel Insurance?

Yes, you can add top-up cancellation cover to your Cruise Travel Insurance. Top-Up Cancellation Travel Insurance is specifically designed to extend the cancellation cover limits of your primary Travel Insurance policy, making it particularly beneficial for high-value trips like cruises, which often have higher upfront costs and stricter cancellation policies. This additional cover ensures that if you need to cancel your cruise, you are protected beyond the limits of your primary Cruise Travel Insurance, covering additional expenses and non-refundable costs.

For example, if your primary Cruise Travel Insurance policy covers up to £5,000 in cancellation costs and you book a cruise worth £30,000, a top-up policy can add up to £50,000 per person, ensuring that your entire investment is protected​.

To add top-up cancellation cover to your Cruise Travel Insurance, simply contact our call centre at 0800 294 2969, and our team will assist you in enhancing your existing policy to ensure full protection for your high-value cruise

Top Up My Cover Cancellation is arranged and administered by P J Hayman & Company Limited who are authorised and regulated by the Financial Conduct Authority (Financial Services Register number 497103). Registered office: Stansted House, Rowlands Castle, Hampshire PO9 6DX. Reg no. 2534965. For queries on underwriters please see the Policy Wording.

 Terms, conditions and exclusions apply. Please call us for details.

We Compare Prices From These Insurers

Compare Travel Insurance with medical conditions easily with us. We diligently compare various options, helping you find the best Travel Insurance with medical conditions tailored to your needs. Click here to download the Policy Wording and Insurance Product Information document for all insurers. In the event you are unable to find a suitable product from our panel of multiple providers, you can find contact details of some additional Insurers who specialise in travel insurance for people with serious medical conditions here , or call 0800 294 2969 for more information.

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TuGo’s Top-Up Travel Insurance: Your Questions Answered

Think you’re sufficiently covered by your work benefit or credit card travel insurance for your next trip? Think again! One reason why you’d want—and need—to top up your existing travel insurance policy is that it may not cover the entire length of your planned trip. 

For example, if you have a group plan from your work that offers only up to 30 days of coverage, and your trip is 45 days long, you can get TuGo Travel Insurance as a top-up policy to cover the remainder of your trip; in this case, it’d be 15 days. The additional days you purchase with TuGo ensures that you’ll have coverage for the entire duration of your time away.

5 frequently asked questions about top-up travel insurance 

Topping up travel insurance might be more common than you think. Here are some common questions from travellers: 

1. Why do I need to get top-up travel insurance?

It’s generally not a good idea to get coverage for only a portion of your trip. Top-up insurance covers you the day after another travel insurance policy expires, in effect extending your coverage, so you won’t be left unprotected for any number of days. When in doubt, it’s best to top up your insurance to ensure continuous coverage for those unexpected medical emergencies or accidents while you’re away .  

Note: If you have travel insurance coverage from another provider, you should always verify   that they allow their coverage to be topped up by another provider (such as TuGo), as they may void or restrict your coverage if you don’t extend or top-up with them directly. 

2. What are my top-up travel insurance options with TuGo?

At TuGo, you can get the following Emergency Medical Insurance plans to top up your existing coverage: 

Multi Trip Annual Emergency Medical Travel Insurance  

• Within Canada 

Single Trip Emergency Medical Travel Insurance   

• Worldwide excluding USA

If you’re unsure whether to get single trip or annual coverage for future travel, consider the value of an annual travel insurance policy , if you plan to travel more than once in a given year. 

3. I’m already with TuGo—can I top up an existing TuGo plan?

If you already have a TuGo Travel Insurance policy and would like to add more days of coverage to that plan, you can ask for an extension. Extensions are available to TuGo customers if your current policy hasn’t expired/lapsed, or if you haven’t submitted or plan to submit a claim.  

There are also instances when your existing coverage will be automatically extended, at no additional cost to you. Read more about how to extend your TuGo travel insurance policy . 

If you’re ready to extend your existing TuGo coverage, call TuGo Customer Service at 1-855-929-8846 or email us at [email protected] .

4. How many days can I top up a policy with TuGo Travel Insurance?

If you’re 59 years old or younger, you can top up your coverage for up to 365 days. If you’re 60 years old and over, you can get coverage for up to 182 (6 months) or 212 days (7 months), depending on your home province. 

5. Can I still top up my policy if I have a pre-existing medical condition?

Yes, you can top up your travel insurance policy if you have a pre-existing medical condition. Coverage for your pre-existing medical condition would need to meet stability requirements that are based on your age, and total trip length, including the number of days you’re topping up with TuGo. Here’s how pre-existing medical conditions can impact insurance claims . 

Happy travels,

Justin 

Editor’s Note: This post was originally published in September 2015 and has been updated for freshness and/or accuracy.  

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We have 1 partners in the yukon, 2 thoughts on “ tugo’s top-up travel insurance: your questions answered ”.

Hi, I have recently graduated from university (23 years old) and live in Ontario. I am travelling to France to work leaving end of September and returning for Christmas on December 19. I am returning to France January 1 to work until May 1 2017. I may travel in Europe after May 1 returning to Ontario Canada late summer. I have no specific medical insurance beyond OHIP at this time. What is best approach to medical insurance while I am away?

Hi Shirley, Thank you for your query! We’re so happy to hear that you’re embarking on a European adventure – it sounds very exciting. Most Canadians don’t know that provincial health coverage (such as OHIP) only pays for less than 10% of health care costs in case of a medical emergency when travelling outside Canada ( http://blog.tugo.com/en/blog/provincial-health-care-coverage-outside-canada/ ), so it’s a great idea to consider travel insurance for your upcoming trip. In your case, since you’ll be taking multiple trips to, from, and within Europe, it’s best to choose a multi-trip annual policy. Learn more about it in our blog post ( http://blog.tugo.com/en/blog/4-things-to-know-about-multi-trip-annual-travel-insurance/ ) or connect with our customer service toll-free at 1-855-929-8846 or by email at [email protected] for more details on coverage options before your trip. Bonne chance! Shweta

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Snowbird Advisor Insurance

COVID-19 Travel Insurance Coverage Options - UPDATE LEARN MORE

The Travel Insurance Specialists for Snowbirds, Boomers and Seniors

Top-up travel medical insurance for snowbirds and seniors.

Need to add extra coverage days to your travel medical insurance plan? Our flexible Top-Up plans may be the ideal solution for you

What is a Top-Up Plan?

For snowbirds and other travellers who spend extended periods of time outside their home province, top-up plans can be a flexible, cost-effective part of your travel medical insurance coverage.

Top-up plans allow you to add extra coverage days to your travel medical insurance policy if you plan on being away for longer than the coverage period provided by your policy.

For example, if your original policy covers you for 30 days and you plan on being away for 45 days, you can “top up” your original policy by purchasing a 15-day top-up plan to cover the additional days, effectively providing you with coverage for the full 45-day duration of your trip.

We offer flexible top-up plans that let you choose the number of additional coverage days you require . This differs from some other policy providers who require you to purchase top-up plans with a pre-defined number of coverage days (i.e. 5, 10, 15, etc…) that may not meet your specific needs.

When Are Top-Up Plans Helpful?

Top-up plans can be useful for adding additional coverage days to the following types of travel medical insurance plans:

• Annual multi-trip travel insurance plans – These plans cover you for unlimited trips over a full year but limit the number of days per trip you can spend outside your province. Top-up plans can help if you want to spend more time away on a particular trip than your original plan allows.
• Single trip travel insurance plans – These plans cover you for a specific number of days with a defined start and end date. Most travellers who top up a single trip plan do so because their travel plans have changed after they purchased their original policy, requiring them to extend the length of their original trip.
• Credit card or group benefit plans – These plans limit the number of days you are covered for. A top-up plan can help extend your coverage period.

Be aware that some restrictions may apply when topping up (see below).

When Should You Purchase a Top-Up Plan?

Ideally, its best to purchase a top-up plan at the same time you purchase your travel medical insurance plan, as this will allow you to compare multiple coverage options and find the combination that provides the best coverage with the lowest premium.

However, we understand that this isn’t always practical, as you may not know your exact travel dates when purchasing your travel insurance policy, your travel plans may change after the fact, or you may be topping up coverage from a credit card or benefits plan.

Accordingly, you can purchase a top-up plan at any time , subject to the following requirements:

• The coverage from your original insurance policy is still active at the time you top-up
• There have been no changes to your medical condition since you purchased your original policy
• You have not submitted a claim under your original policy

How Do I Purchase a Top-Up Plan?

If you wish to purchase a top-up plan, please call one of our agents . They will be able to evaluate your current policy and determine which top-up plan would be most appropriate and cost effective for you.

Can I Purchase A Top-Up Plan for Travel Insurance Purchased Elsewhere?

In many cases, our top-up plans can be combined with travel medical insurance policies you have obtained from other sources, such as another broker, a credit card or a group benefits program.

However, in some cases, your travel insurance provider may not allow you to use third-party top-up plans.

If you are interested in one of our top-up plans for a policy you obtained elsewhere, please contact one of our insurance agents to help you determine if your policy is eligible.

How Much Do Top-Up Plans Cost?

Top-up plan pricing is determined based on a number of factors, including your age, health and the total combined number of consecutive days you intend to spend outside your home province.

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Manulife coverage is underwritten by The Manufacturers Life Insurance Company and First North American Insurance Company , a wholly-owned subsidiary of Manulife, PO Box 670, Stn. Waterloo, Waterloo, ON N2J 4B8.* Manulife and the Block design are trademarks of The Manufacturers Life Insurance Company and are used by it and its affiliates under license. 

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* Certain terms, conditions, limitations, and exclusions apply, see policies for details. Some products may not be available in all provinces.

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Home and Auto insurance is arranged by Canadian Insurance Alliance (2018) Inc. o/a HUB SmartCoverage (all rights reserved) and is underwritten by a number of Canadian insurers.

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Top-up plans

• Up to $10 million in emergency medical care

Top-up for a longer trip

• Confirm top-up won't reduce trip coverage with another insurer
• Confirm entire trip, including top-up, is within the length allowed by the insured's government health insurance plan
• Buy before expiry date
• Complete medical questionnaire for applicants age 60 or older
• Top-up with Manulife Financial emergency medical coverage will automatically includes all other coverages under an existing Manulife Financial All-inclusive plan.
• Up to $5 million in emergency medical benefits 
• Covers a wide range of risks – from ambulance transportation to paramedical services
• Save 50% when travelling only within Canada

Emergency medical insurance for any number of 30-day trips

First in Canada – multi-year travel medical insurance designed to meet emergency medical travel insurance needs for years to come.

• For Canadians between the ages of 18 and 65 inclusive, as long as the policyholder continues to have coverage under a Canadian provincial or territorial government health insurance plan
• Annual premiums are based on age at application, adjusted for inflationary costs and plan experience
• Travel80 is guaranteed renewable, regardless of any changes in health status, for the term of the policy
• Guaranteed eligibility for top-up coverage for trips longer than 30 days
• The plan returns 50% of premium if the policyholder is claim-free for 10 years
• Conditions, limitations and exclusions apply. Please contact us for details

Travel80® Term Travel Insurance is currently not available to residents of Quebec or New Brunswick.

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The best travel insurance policies and providers

It's easy to dismiss the value of travel insurance until you need it.

Many travelers have strong opinions about whether you should buy travel insurance . However, the purpose of this post isn't to determine whether it's worth investing in. Instead, it compares some of the top travel insurance providers and policies so you can determine which travel insurance option is best for you.

Of course, as the coronavirus remains an ongoing concern, it's important to understand whether travel insurance covers pandemics. Some policies will cover you if you're diagnosed with COVID-19 and have proof of illness from a doctor. Others will take coverage a step further, covering additional types of pandemic-related expenses and cancellations.

Know, though, that every policy will have exclusions and restrictions that may limit coverage. For example, fear of travel is generally not a covered reason for invoking trip cancellation or interruption coverage, while specific stipulations may apply to elevated travel warnings from the Centers for Disease Control and Prevention.

Interested in travel insurance? Visit InsureMyTrip.com to shop for plans that may fit your travel needs.

So, before buying a specific policy, you must understand the full terms and any special notices the insurer has about COVID-19. You may even want to buy the optional cancel for any reason add-on that's available for some comprehensive policies. While you'll pay more for that protection, it allows you to cancel your trip for any reason and still get some of your costs back. Note that this benefit is time-sensitive and has other eligibility requirements, so not all travelers will qualify.

In this guide, we'll review several policies from top travel insurance providers so you have a better understanding of your options before picking the policy and provider that best address your wants and needs.

The best travel insurance providers

To put together this list of the best travel insurance providers, a number of details were considered: favorable ratings from TPG Lounge members, the availability of details about policies and the claims process online, positive online ratings and the ability to purchase policies in most U.S. states. You can also search for options from these (and other) providers through an insurance comparison site like InsureMyTrip .

When comparing insurance providers, I priced out a single-trip policy for each provider for a $2,000, one-week vacation to Istanbul . I used my actual age and state of residence when obtaining quotes. As a result, you may see a different price — or even additional policies due to regulations for travel insurance varying from state to state — when getting a quote.

AIG Travel Guard

AIG Travel Guard receives many positive reviews from readers in the TPG Lounge who have filed claims with the company. AIG offers three plans online, which you can compare side by side, and the ability to examine sample policies. Here are three plans for my sample trip to Turkey.

AIG Travel Guard also offers an annual travel plan. This plan is priced at $259 per year for one Florida resident.

Additionally, AIG Travel Guard offers several other policies, including a single-trip policy without trip cancellation protection . See AIG Travel Guard's COVID-19 notification and COVID-19 advisory for current details regarding COVID-19 coverage.

Preexisting conditions

Typically, AIG Travel Guard wouldn't cover you for any loss or expense due to a preexisting medical condition that existed within 180 days of the coverage effective date. However, AIG Travel Guard may waive the preexisting medical condition exclusion on some plans if you meet the following conditions:

• You purchase the plan within 15 days of your initial trip payment.
• The amount of coverage you purchase equals all trip costs at the time of purchase. You must update your coverage to insure the costs of any subsequent arrangements that you add to your trip within 15 days of paying the travel supplier for these additional arrangements.
• You must be medically able to travel when you purchase your plan.

Standout features

• The Deluxe and Preferred plans allow you to purchase an upgrade that lets you cancel your trip for any reason. However, reimbursement under this coverage will not exceed 50% or 75% of your covered trip cost.
• You can include one child (age 17 and younger) with each paying adult for no additional cost on most single-trip plans.
• Other optional upgrades, including an adventure sports bundle, a baggage bundle, an inconvenience bundle, a pet bundle, a security bundle and a wedding bundle, are available on some policies. So, an AIG Travel Guard plan may be a good choice if you know you want extra coverage in specific areas.

Purchase your policy here: AIG Travel Guard .

Allianz Travel Insurance

Allianz is one of the most highly regarded providers in the TPG Lounge, and many readers found the claim process reasonable. Allianz offers many plans, including the following single-trip plans for my sample trip to Turkey.

If you travel frequently, it may make sense to purchase an annual multi-trip policy. For this plan, all of the maximum coverage amounts in the table below are per trip (except for the trip cancellation and trip interruption amounts, which are an aggregate limit per policy). Trips typically must last no more than 45 days, although some plans may cover trips of up to 90 days.

See Allianz's coverage alert for current information on COVID-19 coverage.

Most Allianz travel insurance plans may cover preexisting medical conditions if you meet particular requirements. For the OneTrip Premier, Prime and Basic plans, the requirements are as follows:

• You purchased the policy within 14 days of the date of the first trip payment or deposit.
• You were a U.S. resident when you purchased the policy.
• You were medically able to travel when you purchased the policy.
• On the policy purchase date, you insured the total, nonrefundable cost of your trip (including arrangements that will become nonrefundable or subject to cancellation penalties before your departure date). If you incur additional nonrefundable trip expenses after purchasing this policy, you must insure them within 14 days of their purchase.
• Allianz offers reasonably priced annual policies for independent travelers and families who take multiple trips lasting up to 45 days (or 90 days for select plans) per year.
• Some Allianz plans provide the option of receiving a flat reimbursement amount without receipts for trip delay and baggage delay claims. Of course, you can also submit receipts to get up to the maximum refund.
• For emergency transportation coverage, you or someone on your behalf must contact Allianz, and Allianz must then make all transportation arrangements in advance. However, most Allianz policies provide an option if you cannot contact the company: Allianz will pay up to what it would have paid if it had made the arrangements.

Purchase your policy here: Allianz Travel Insurance .

American Express Travel Insurance

American Express Travel Insurance offers four different package plans and a build-your-own coverage option. You don't have to be an American Express cardholder to purchase this insurance. Here are the four package options for my sample weeklong trip to Turkey. Unlike some other providers, Amex won't ask for your travel destination on the initial quote (but will when you purchase the plan).

Amex's build-your-own coverage plan is unique because you can purchase just the coverage you need. For most types of protection, you can even select the coverage amount that works best for you.

The prices for the packages and the build-your-own plan don't increase for longer trips — as long as the trip cost remains constant. However, the emergency medical and dental benefit is only available for your first 60 days of travel.

Typically, Amex won't cover any loss you incur because of a preexisting medical condition that existed within 90 days of the coverage effective date. However, Amex may waive its preexisting-condition exclusion if you meet both of the following requirements:

• You must be medically able to travel at the time you pay the policy premium.
• You pay the policy premium within 14 days of making the first covered trip deposit.
• Amex's build-your-own coverage option allows you to only purchase — and pay for — the coverage you need.
• Coverage on long trips doesn't cost more than coverage for short trips, making this policy ideal for extended getaways. However, the emergency medical and dental benefit only covers your first 60 days of travel.
• American Express Travel Insurance can protect travel expenses you purchase with Amex Membership Rewards points in the Pay with Points program (as well as travel expenses bought with cash, debit or credit). However, travel expenses bought with other types of points and miles aren't covered.

Purchase your policy here: American Express Travel Insurance .

GeoBlue is different from most other providers described in this piece because it only provides medical coverage while you're traveling internationally and does not offer benefits to protect the cost of your trip. There are many different policies. Some require you to have primary health insurance in the U.S. (although it doesn't need to be provided by Blue Cross Blue Shield), but all of them only offer coverage while traveling outside the U.S.

Two single-trip plans are available if you're traveling for six months or less. The Voyager Choice policy provides coverage (including medical services and medical evacuation for a sudden recurrence of a preexisting condition) for trips outside the U.S. to travelers who are 95 or younger and already have a U.S. health insurance policy.

The Voyager Essential policy provides coverage (including medical evacuation for a sudden recurrence of a preexisting condition) for trips outside the U.S. to travelers who are 95 or younger, regardless of whether they have primary health insurance.

In addition to these options, two multi-trip plans cover trips of up to 70 days each for one year. Both policies provide coverage (including medical services and medical evacuation for preexisting conditions) to travelers with primary health insurance.

Be sure to check out GeoBlue's COVID-19 notices before buying a plan.

Most GeoBlue policies explicitly cover sudden recurrences of preexisting conditions for medical services and medical evacuation.

• GeoBlue can be an excellent option if you're mainly concerned about the medical side of travel insurance.
• GeoBlue provides single-trip, multi-trip and long-term medical travel insurance policies for many different types of travel.

Purchase your policy here: GeoBlue .

IMG offers various travel medical insurance policies for travelers, as well as comprehensive travel insurance policies. For a single trip of 90 days or less, there are five policy types available for vacation or holiday travelers. Although you must enter your gender, males and females received the same quote for my one-week search.

You can purchase an annual multi-trip travel medical insurance plan. Some only cover trips lasting up to 30 or 45 days, but others provide coverage for longer trips.

See IMG's page on COVID-19 for additional policy information as it relates to coronavirus-related claims.

Most plans may cover preexisting conditions under set parameters or up to specific amounts. For example, the iTravelInsured Travel LX travel insurance plan shown above may cover preexisting conditions if you purchase the insurance within 24 hours of making the final payment for your trip.

For the travel medical insurance plans shown above, preexisting conditions are covered for travelers younger than 70. However, coverage is capped based on your age and whether you have a primary health insurance policy.

• Some annual multi-trip plans are modestly priced.
• iTravelInsured Travel LX may offer optional cancel for any reason and interruption for any reason coverage, if eligible.

Purchase your policy here: IMG .

Travelex Insurance

Travelex offers three single-trip plans: Travel Basic, Travel Select and Travel America. However, only the Travel Basic and Travel Select plans would be applicable for my trip to Turkey.

See Travelex's COVID-19 coverage statement for coronavirus-specific information.

Typically, Travelex won't cover losses incurred because of a preexisting medical condition that existed within 60 days of the coverage effective date. However, the Travel Select plan may offer a preexisting condition exclusion waiver. To be eligible for this waiver, the insured traveler must meet all the following conditions:

• You purchase the plan within 15 days of the initial trip payment.
• The amount of coverage purchased equals all prepaid, nonrefundable payments or deposits applicable to the trip at the time of purchase. Additionally, you must insure the costs of any subsequent arrangements added to the same trip within 15 days of payment or deposit.
• All insured individuals are medically able to travel when they pay the plan cost.
• The trip cost does not exceed the maximum trip cost limit under trip cancellation as shown in the schedule per person (only applicable to trip cancellation, interruption and delay).
• Travelex's Travel Select policy can cover trips lasting up to 364 days, which is longer than many single-trip policies.
• Neither Travelex policy requires receipts for trip and baggage delay expenses less than $25.
• For emergency evacuation coverage, you or someone on your behalf must contact Travelex and have Travelex make all transportation arrangements in advance. However, both Travelex policies provide an option if you cannot contact Travelex: Travelex will pay up to what it would have paid if it had made the arrangements.

Purchase your policy here: Travelex Insurance .

Seven Corners

Seven Corners offers a wide variety of policies. Here are the policies that are most applicable to travelers on a single international trip.

Seven Corners also offers many other types of travel insurance, including an annual multi-trip plan. You can choose coverage for trips of up to 30, 45 or 60 days when purchasing an annual multi-trip plan.

See Seven Corner's page on COVID-19 for additional policy information as it relates to coronavirus-related claims.

Typically, Seven Corners won't cover losses incurred because of a preexisting medical condition. However, the RoundTrip Choice plan offers a preexisting condition exclusion waiver. To be eligible for this waiver, you must meet all of the following conditions:

• You buy this plan within 20 days of making your initial trip payment or deposit.
• You or your travel companion are medically able and not disabled from travel when you pay for this plan or upgrade your plan.
• You update the coverage to include the additional cost of subsequent travel arrangements within 15 days of paying your travel supplier for them.
• Seven Corners offers the ability to purchase optional sports and golf equipment coverage. If purchased, this extra insurance will reimburse you for the cost of renting sports or golf equipment if yours is lost, stolen, damaged or delayed by a common carrier for six or more hours. However, Seven Corners must authorize the expenses in advance.
• You can add cancel for any reason coverage or trip interruption for any reason coverage to RoundTrip plans. Although some other providers offer cancel for any reason coverage, trip interruption for any reason coverage is less common.
• Seven Corners' RoundTrip Choice policy offers a political or security evacuation benefit that will transport you to the nearest safe place or your residence under specific conditions. You can also add optional event ticket registration fee protection to the RoundTrip Choice policy.

Purchase your policy here: Seven Corners .

World Nomads

World Nomads is popular with younger, active travelers because of its flexibility and adventure-activities coverage on the Explorer plan. Unlike many policies offered by other providers, you don't need to estimate prepaid costs when purchasing the insurance to have access to trip interruption and cancellation insurance.

World Nomads offers two single-trip plans.

World Nomads has a page dedicated to coronavirus coverage , so be sure to view it before buying a policy.

World Nomads won't cover losses incurred because of a preexisting medical condition (except emergency evacuation and repatriation of remains) that existed within 90 days of the coverage effective date. Unlike many other providers, World Nomads doesn't offer a waiver.

• World Nomads' policies cover more adventure sports than most providers, so activities such as bungee jumping are included. The Explorer policy covers almost any adventure sport, including skydiving, stunt flying and caving. So, if you partake in adventure sports while traveling, the Explorer policy may be a good fit.
• World Nomads' policies provide nonmedical evacuation coverage for transportation expenses if there is civil or political unrest in the country you are visiting. The coverage may also transport you home if there is an eligible natural disaster or a government expels you.

Purchase your policy here: World Nomads .

Other options for buying travel insurance

This guide details the policies of eight providers with the information available at the time of publication. There are many options when it comes to travel insurance, though. To compare different policies quickly, you can use a travel insurance aggregator like InsureMyTrip to search. Just note that these search engines won't show every policy and every provider, and you should still research the provided policies to ensure the coverage fits your trip and needs.

You can also purchase a plan through various membership associations, such as USAA, AAA or Costco. Typically, these organizations partner with a specific provider, so if you are a member of any of these associations, you may want to compare the policies offered through the organization with other policies to get the best coverage for your trip.

Related: Should you get travel insurance if you have credit card protection?

Is travel insurance worth getting?

Whether you should purchase travel insurance is a personal decision. Suppose you use a credit card that provides travel insurance for most of your expenses and have medical insurance that provides adequate coverage abroad. In that case, you may be covered enough on most trips to forgo purchasing travel insurance.

However, suppose your medical insurance won't cover you at your destination and you can't comfortably cover a sizable medical evacuation bill or last-minute flight home . In that case, you should consider purchasing travel insurance. If you travel frequently, buying an annual multi-trip policy may be worth it.

What is the best COVID-19 travel insurance?

There are various aspects to keep in mind in the age of COVID-19. Consider booking travel plans that are fully refundable or have modest change or cancellation fees so you don't need to worry about whether your policy will cover trip cancellation. This is important since many standard comprehensive insurance policies won't reimburse your insured expenses in the event of cancellation if it's related to the fear of traveling due to COVID-19.

However, if you book a nonrefundable trip and want to maintain the ability to get reimbursed (up to 75% of your insured costs) if you choose to cancel, you should consider buying a comprehensive travel insurance policy and then adding optional cancel for any reason protection. Just note that this benefit is time-sensitive and has eligibility requirements, so not all travelers will qualify.

Providers will often require CFAR purchasers insure the entire dollar amount of their travels to receive the coverage. Also, many CFAR policies mandate that you must cancel your plans and notify all travel suppliers at least 48 hours before your scheduled departure.

Likewise, if your primary health insurance won't cover you while on your trip, it's essential to consider whether medical expenses related to COVID-19 treatment are covered. You may also want to consider a MedJet medical transport membership if your trip is to a covered destination for coronavirus-related evacuation.

Ultimately, the best pandemic travel insurance policy will depend on your trip details, travel concerns and your willingness to self-insure. Just be sure to thoroughly read and understand any terms or exclusions before purchasing.

What are the different types of travel insurance?

Whether you purchase a comprehensive travel insurance policy or rely on the protections offered by select credit cards, you may have access to the following types of coverage:

• Baggage delay protection may reimburse for essential items and clothing when a common carrier (such as an airline) fails to deliver your checked bag within a set time of your arrival at a destination. Typically, you may be reimbursed up to a particular amount per incident or per day.
• Lost/damaged baggage protection may provide reimbursement to replace lost or damaged luggage and items inside that luggage. However, valuables and electronics usually have a relatively low maximum benefit.
• Trip delay reimbursement may provide reimbursement for necessary items, food, lodging and sometimes transportation when you're delayed for a substantial time while traveling on a common carrier such as an airline. This insurance may be beneficial if weather issues (or other covered reasons for which the airline usually won't provide compensation) delay you.
• Trip cancellation and interruption protection may provide reimbursement if you need to cancel or interrupt your trip for a covered reason, such as a death in your family or jury duty.
• Medical evacuation insurance can arrange and pay for medical evacuation if deemed necessary by the insurance provider and a medical professional. This coverage can be particularly valuable if you're traveling to a region with subpar medical facilities.
• Travel accident insurance may provide a payment to you or your beneficiary in the case of your death or dismemberment.
• Emergency medical insurance may provide payment or reimburse you if you must seek medical care while traveling. Some plans only cover emergency medical care, but some also cover other types of medical care. You may need to pay a deductible or copay.
• Rental car coverage may provide a collision damage waiver when renting a car. This waiver may reimburse for collision damage or theft up to a set amount. Some policies also cover loss-of-use charges assessed by the rental company and towing charges to take the vehicle to the nearest qualified repair facility. You generally need to decline the rental company's collision damage waiver or similar provision to be covered.

Should I buy travel health insurance?

If you purchase travel with credit cards that provide various trip protections, you may not see much need for additional travel insurance. However, you may still wonder whether you should buy travel medical insurance.

If your primary health insurance covers you on your trip, you may not need travel health insurance. Your domestic policy may not cover you outside the U.S., though, so it's worth calling the number on your health insurance card if you have coverage questions. If your primary health insurance wouldn't cover you, it's likely worth purchasing travel medical insurance. After all, as you can see above, travel medical insurance is often very modestly priced.

How much does travel insurance cost?

Travel insurance costs depend on various factors, including the provider, the type of coverage, your trip cost, your destination, your age, your residency and how many travelers you want to insure. That said, a standard travel insurance plan will generally set you back somewhere between 4% and 10% of your total trip cost. However, this can get lower for more basic protections or become even higher if you include add-ons like cancel for any reason protection.

The best way to determine how much travel insurance will cost is to price out your trip with a few providers discussed in the guide. Or, visit an insurance aggregator like InsureMyTrip to quickly compare options across multiple providers.

When and how to get travel insurance

For the most robust selection of available travel insurance benefits — including time-sensitive add-ons like CFAR protection and waivers of preexisting conditions for eligible travelers — you should ideally purchase travel insurance on the same day you make your first payment toward your trip.

However, many plans may still offer a preexisting conditions waiver for those who qualify if you buy your travel insurance within 14 to 21 days of your first trip expense or deposit (this time frame may vary by provider). If you don't need a preexisting conditions waiver or aren't interested in CFAR coverage, you can purchase travel insurance once your departure date nears.

You must purchase coverage before it's needed. Some travel medical plans are available for purchase after you have departed, but comprehensive plans that include medical coverage must be purchased before departing.

Additionally, you can't buy any medical coverage once you require medical attention. The same applies to all travel insurance coverage. Once you recognize the need, it's too late to protect your trip.

Once you've shopped around and decided upon the best travel insurance plan for your trip, you should be able to complete your purchase online. You'll usually be able to download your insurance card and the complete policy shortly after the transaction is complete.

Related: 7 times your credit card's travel insurance might not cover you

Bottom line

Not all travel insurance policies and providers are equal. Before buying a plan, read and understand the policy documents. By doing so, you can choose a plan that's appropriate for you and your trip — including the features that matter most to you.

For example, if you plan to go skiing or rock climbing, make sure the policy you buy doesn't contain exclusions for these activities. Likewise, if you're making two back-to-back trips during which you'll be returning home for a short time in between, be sure the plan doesn't terminate coverage at the end of your first trip.

If you're looking to cover a sudden recurrence of a preexisting condition, select a policy with a preexisting condition waiver and fulfill the requirements for the waiver. After all, buying insurance won't help if your policy doesn't cover your losses.

Disclaimer : This information is provided by IMT Services, LLC ( InsureMyTrip.com ), a licensed insurance producer (NPN: 5119217) and a member of the Tokio Marine HCC group of companies. IMT's services are only available in states where it is licensed to do business and the products provided through InsureMyTrip.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not create or modify any insurance policy terms in any way. For more information, please visit www.insuremytrip.com .

Best Overall Travel Insurance

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Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate travel insurance products to write unbiased product reviews.

Traveling is an adventure, a leap into the unknown, a story waiting to unfold. But every story needs a safety net, and that's where travel insurance comes in. In this guide to the best travel insurance, we'll embark on a journey to help you better understand travel insurance and uncover the benefits that make it an indispensable companion for any traveler.

Best Travel Insurance Companies of 2024

• Best Overall: Nationwide Travel Insurance
• Runner-Up: AXA Assistance USA
• Best for Cruises: Travel Guard
• Best Reputation:  C&F Travel Insured
• Best for Pre-existing Conditions:   Tin Leg Travel Insurance
• Best for Digital Nomads:   WorldTrips Travel Insurance
• Best Low-Cost Option:   Trawick International Travel Insurance
• Best for Road Trips: Travelex Travel Insurance
• Best for Adventure Sports :  World Nomads Travel Insurance

Best Travel Insurance Companies

The best travel insurance companies offer comprehensive coverage options for a wide range of people and needs. For this guide, we looked at coverage options, customizability, and the best companies for specific situations, such as pre-existing conditions.

Here are Business Insider's picks for the best travel insurance companies in 2024. 

Nationwide Travel Insurance

Nationwide is of the largest players in the travel insurance space, offering nearly endless options for any customer on the travel spectrum, including annual travel insurance plans which can offer frequent travelers the flexibility to "set it and forget it" on their travel insurance coverage.

Nationwide Essential also offers some of the most affordable policies in the market compared to similar plans from competitors, which makes it a great pick for just about anyone. Buyers can discuss bundling options as Nationwide also sells homeowners, auto, pet, and other insurance products. Its travel insurance quoting is just as easy as it has been with other Nationwide insurance products.

Read our Nationwide travel insurance review .

AXA Assistance USA

AXA offers consumers a great option for no-stress travel insurance: low-priced plans, generous coverage limits on key categories including primary insurance on lost luggage, and up to 150% reimbursement for qualifying trip cancellations.

While add-ons are limited and rental car coverage is not included by default on cheaper plans, AXA is a perfect fit for travelers who don't plan to drive (or who already hold a travel credit card with rental car coverage), and don't need any additional bells and whistles.

Read our AXA Assistance USA travel insurance review .

Travel Guard

AIG is well-known insurance provider, and a great fit for travelers who want to ensure that they can get their money back in the event of canceled or interrupted travel plans.

While the company's policies can be pricey compared to its competitors, the high medical and evacuation limits make AIG a solid choice for older travelers who value peace of mind and simplicity over highly customizable plans that may be bolstered with medical upgrades.

Read our AIG Travel Guard travel insurance review .

C&F Travel Insured

While every travel insurance company has negative reviews about its claims process, C&F Travel Insured 's claims process has a consistent stream of positive reviews. One customer wrote that C&F processed a claim within 48 hours. Additionally, C&F regularly responds to customer reviews within one business week, making reviews a consistent way to reach the company.

Additionally, in C&F's fine print, it mentions that any claims that take more than 30 days to pay out will begin to accrue interest at 9% APY.

C&F's reputation isn't the only thing to speak highly of. It offers an array of add-ons uncommon in the travel insurance industry, such as Interruption for Any Reason insurance and CFAR coverage for annual plans. C&F also offers discounts for children on its Protector Edge plan and free coverage on its Protector plan.  

Read our C&F Travel Insured review . 

Tin Leg Travel Insurance

Tin Leg is a great fit for travelers with medical issues in particular. Seven of Tin Leg's eight travel plans include coverage for pre-existing conditions as long as you purchase your policy within 15 days of your initial trip payment.

Thanks to coverage for pre-existing medical conditions as well as for potential COVID-19 infection while traveling, this company offers some of the best financial investment options for travelers who are or will be exposed to higher health risks and issues.

Read our Tin Leg travel insurance review .

WorldTrips Travel Insurance

WorldTrips has affordable premiums, highly customizable add-ons, and generous coverage for core categories of travel insurance. All this makes it a great option for digital nomads, students studying abroad and backpackers.

However, travelers should keep in mind that plans are not particularly flexible, and coverage amounts are limited unless you plan ahead to pay for the areas and amounts that you need.

Read our WorldTrips travel insurance review .

Trawick International Travel Insurance

Trawick offers low premiums across its five plans, most of which offer coverage for pre-existing conditions. You'll find robust medical travel insurance that can help higher-risk and anxious travelers find peace of mind while on the road. This company also offers high medical evacuation coverage limits, up to $1,000,000.

Read our Trawick travel insurance review .

Travelex Travel Insurance

Travelex offers three plans:

• Travel Basic
• Travel Select
• Travel America

The Travelex America plan is meant for trips limited to the U.S., but it has the highest coverage limits in many areas compared to its other programs. If you're flying somewhere, the lost baggage limits are higher. Its natural strengths shine for road trippers, though. Travelex America adds coverage for roadside service and rental car coverage for unexpected accidents. It also covers pets should you be involved in an accident while on the road.

While your standard auto insurance does extend to car rentals within the U.S. for a limited time, any accident would affect future rates. Travelex would eliminate the risk of reporting to your auto insurance provider for minor incidents within its purview.

Read our Travelex Travel Insurance review .

World Nomads Travel Insurance

World Nomads distinguishes itself from others by covering over 300 sports and activities, from skydiving to golf. Additionally, its one of the few travel insurance companies that allow you to purchase after departing for your destination. However, you'll have a 72-hour waiting period before coverage kicks in.

That said, World Nomads doesn't have the highest coverage limits compared to its competitors on this list, travel medical insurance capping out at $100,000. It also isn't the most flexible provider, only providing two plans to choose from with no options for pre-existing condition coverage. Yet, World Nomads still stands out for its sports coverage and post-departure coverage.

Read our World Nomads travel insurance review .

Introduction to Travel Insurance

Why travel insurance is a must-have.

The unpredictable nature of traveling – from flight cancellations to medical emergencies – can turn your dream vacation into a nightmare. Travel insurance acts as a personal safeguard, ensuring that unexpected events don't drain your wallet or ruin your trip.

Understanding Different Types of Travel Insurance

Not all travel insurance policies are created equal. From single-trip travel insurance policies to annual travel insurance plans , from minimal coverage to comprehensive protection, understanding the spectrum of options is your first step in finding the right fit for your journey.

Key Features to Look for in Travel Insurance Coverage

Travel insurance for medical emergencies.

Imagine falling ill in a foreign country; daunting, right? A robust travel insurance plan ensures you don't have to worry about how much emergency medical care while traveling will cost, even in the most remote corners of the globe. This coverage will often come in tandem with emergency medical evacuation coverage.

Trip Cancellation and Interruption Benefits

Life is full of surprises, some less pleasant than others. Trip cancellation and interruption coverage ensures that you're not left out of pocket if unforeseen circumstances force you to cancel or cut your trip short. You may also look for cancel for any reason and interruption for any reason options, which will reimburse you for a percentage of your nonrefundable fees, but expands the covered reasons you can cancel a trip. You can find our guide on the best CFAR travel insurance companies here.

Coverage for Personal Belongings and Baggage Loss

Losing your belongings is more than an inconvenience; it's losing a piece of your world. Insurance that covers personal belongings and baggage loss ensures that you're compensated for your loss, helping you to rebound and continue your adventure.

Support and Assistance Services

In times of trouble, having a lifeline can make all the difference. Look for insurance that offers 24/7 support and assistance services, giving you peace of mind that help is just a phone call away. Also, check websites that field customer reviews like Trustpilot, the Better Business Bureau, and InsureMyTrip , to see how well a company responds to customer requests.

Choosing the Best Travel Insurance

Reputation and reliability of the travel insurance provider.

A provider's reputation is not just about being well-known; it's about reliability, customer satisfaction, and the ability to deliver on promises. Researching and choosing a reputable provider is a cornerstone in ensuring your safety and satisfaction.

Understanding the Policy's Fine Print

The devil is in the details, and understanding the fine print of what your travel insurance policy covers is crucial. Be aware of coverage limits, exclusions, and the process for filing a claim to avoid any unpleasant surprises.

For example, to get coverage for a canceled trip due to work, many travel insurance companies require that you've been with that company for at least a year. 

Customer Reviews and Feedback

In the age of information, customer reviews and feedback are goldmines of insight. Learn from the experiences of others to gauge the reliability and customer service of the insurance provider you're considering. While the ratings are important, you should also look at whether or not a company responds to customer complaints.

How to Get the Most Out of Your Travel Insurance

Knowing your policy inside out.

Familiarize yourself with every aspect of your policy — what it covers, what it doesn't, how to file a claim, and who to contact in an emergency. Being informed means being prepared. At the very least, you should have the terms readily available while you're on your trip.

Steps to Take When a Problem Arises

If you face an issue during your travels, knowing the immediate steps to take can make all the difference. Your insurance company may even have a 24/7 assistance hotline that can walk you through an emergency during your trip, even issues that don't involve claims. 

When a problem arises. you'll want to document as much as possible, in case you need proof when filing a claim. Ask for receipts and invoices when possible.

How to Pick the Best Travel Insurance Company for You

There isn't a one-size-fits-all policy that works perfectly for every traveler. Young, healthy solo travelers can opt for much cheaper plans that offer bare-bones coverage, while families juggling complex itineraries will do best by investing in a robust policy that can help defray any costs associated with lost baggage, delayed transportation or other trip-impeding obstacles.

That being said, you can't go wrong with a travel insurance provider that boasts a reputable history and offers a wide range of customizable plans. In some cases, you may be comparing plans that are only a few dollars' apart from each other. In such situations, you should generally opt for the insurance company that offers the strongest customer service. It's also worth considering whether or not the travel insurance provider has been reviewed by other travelers with similar itineraries to your own. 

An insurance aggregator like InsureMyTrip or Squaremouth is one of the best tools for searching travel insurance policies. Once you input the specifics of your travel itinerary, you'll be able to see hundreds of search results to compare the ones that catch your eye. If the options are too overwhelming, use the filters to the left of your search page to eliminate as many irrelevant plans as possible.

To come up with our list of the best travel insurance companies, Business Insider evaluated each insurer based on the following factors:

Guide Methodology: What We Considered

Policy Types

Travel insurance is essential, but often underused partly because people aren't getting what they want. Business Insider's 2023 travel study showed 10.65% of travelers surveyed bought cancel for any reason insurance. Cost may be a factor, but in many cases, the coverage is more affordable than you might think. Regardless, companies must offer a diverse range of coverage options. We award five stars to companies offering all standard coverages and additional options like pet and sports equipment protection.

Our 2023 travel study indicated the majority of purchases were made through the travel provider (ex: flight protection insurance when you're purchasing your airline tickets). While these may be sufficient for some customers, we look for companies offering a more comprehensive range of services.

According to the U.S. Travel Insurance Association, the average cost of travel insurance will be between 4% and 8% of total travel expenses. Anything beyond that price point should include additional benefits beyond the standard inclusions, such as CFAR protection or upgraded medical coverage. Anything below that 4% threshold may leave you lacking important or sufficient coverage in an emergency.

Convenience and Flexibility

Whether you're an infrequent traveler or a suitcase warrior, a good travel insurance company should have you covered. In many cases, you might not even have to talk to a person in order to purchase your policy.

Many people think of travel insurance in context with specific trips, but most of these top contenders sell both single-trip and multi-trip policies, also known as annual travel insurance. Some companies also offer plans specifically designed for cruisers, students abroad, and business travelers. (Read our guide to the best cruise travel insurance companies for more details.) Finally, all of these providers offer multiple options for getting the specific areas and amounts of coverage that you want.

Claims Handling

Most travelers never have a large claim. Premiums are low, and it provides peace of mind for the just in case situations. So they leave reviews based on their reduced stress levels. But what happens if you lose your luggage or have to stay a few extra days due to an unexpected accident? Will your insurance carrier cover your claim without all the hassle? We check real customer reviews to sort this out for you.

Ease of Use and Support

When purchasing, during your trip, and throughout the claims process, you may need extra support. Does the company have a 24/7 help line? Does it have an online or mobile system allowing you to self-manage? Essentially, what are the options when you need help? We look at the big picture to evaluate the average customer experience with each company.

You can read more about how Business Insider rates travel insurance for even more details. And see our guide to the best travel insurance in California if you're traveling to that state, specifically.

Best Travel Insurance FAQs

There isn't one best travel insurance company; there are many great providers on the travel insurance market today. Our overall winner was Nationwide for its breadth of coverage options. AIG Travel Guard, AXA, Berkshire Hathaway, Tin Leg, WorldTrips and Trawick also made the cut. The best pick for you will depend on what features you value the most, like a low premium or high coverage limits.

While coverage varies by policy, common exclusions often include pre-existing medical conditions (unless you have purchased a waiver), accidents caused by high-risk activities if not specifically covered (e.g., skydiving, scuba diving), travel for medical procedures, and events known before purchasing the policy (e.g., traveling during a pandemic). Always read your policy carefully to understand the exclusions.

The average cost of travel insurance is 4% to 8% of your total trip cost, so it could vary widely depending on where you're traveling and the length of your trip. Your age, the number of people in your group, and other factors can also influence how much you'll pay.

Yes, travel insurance typically offers some coverage of canceled flights, but if this benefit is important to you, make sure you read the fine print of your policy to make sure it offers adequate reimbursement. If you think you may need to cancel your travel plans, you should consider purchasing cancel for any reason (CFAR) travel insurance .

The right amount of travel insurance depends on your trip, but $100,000 should be sufficient for most travel plans. You may want more coverage for travel medical insurance and emergency medical evacuation coverage.

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How to Find the Best Travel Insurance

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Table of Contents

What travel insurance covers

How much does travel insurance cost, types of travel insurance, how to get travel insurance, what to look for in travel insurance, best travel insurance comparison sites, which insurance company is best for travel insurance, when to skip travel insurance, travel insurance, recapped.

Travel insurance can cover medical expenses, emergencies, trip interruptions, baggage, rental cars and more.

Cost is affected by trip length, pre-existing medical conditions, depth of coverage, your age and add-ons.

You can get it through credit cards or third-party companies, & can shop on travel insurance comparison sites.

Before buying, evaluate risks, know existing coverage, obtain quotes online and review policy details warily.

Skip it if you buy flexible airfare and hotels, already have coverage or only book refundable activities.

Booking travel always carries some degree of uncertainty. Travel insurance provides a safety net so you can step out with confidence. You may not need travel insurance for inexpensive trips, but it can provide a sense of security when you prepay for pricey reservations, a big international trip or travel during cold and flu season, which can be unpredictable.

According to insurance comparison site Squaremouth, travelers in 2023 spent an average of $403 for comprehensive coverage, compared to $96 for medical-only policies. Comprehensive plans typically cost between 5% and 10% of the insured trip cost.

Since that price tag is no small amount, it helps to know how to shop smart for travel insurance. Here's how to find the right travel insurance plan for you and your next adventure.

Depending on the type of coverage you’re looking for, the chart below will help you determine what to look for when selecting a policy:

Depending on the policy, travel insurance reimburses you or offers services when something goes awry. There’s even coverage for the worst-case scenario: if you die in an accident while traveling. Accidental death coverage pays your beneficiary a lump sum in that case.

Before you buy, take a little time to get familiar with different types of travel insurance products, how it’s priced, and what it covers and excludes. If you’re traveling during these uncertain times, you’ll want to make sure that the policy you select covers coronavirus-related emergencies. Usually, the more thorough the coverage, the more it will cost.

Travel insurance costs vary depending on:

Length and cost of the trip: The longer and more expensive the trip, the higher the policy cost.

Cost of local health care: High health-care costs in your destination can drive up the price of trip insurance.

Medical conditions you want covered: Conditions you already have will increase the cost of travel insurance coverage.

Amount and breadth of coverage: The more risks a policy covers, the more it will cost.

Your age: Generally the older you are, the higher the price.

Any optional supplement you add to your policy : Cancel For Any Reason , Interrupt For Any Reason and more.

Keep these factors in mind when considering different travel insurance options.

You’ll find a wide selection of travel protection plans when you shop for a policy.

Typically, travel insurance is sold as a package, known as a comprehensive plan, which includes a variety of coverage.

Here are seven of the most common types of travel insurance:

Travel medical insurance

These plans provide health insurance while you’re away from home. Although in some ways these policies work like traditional health plans, generally you cannot use travel health insurance for routine medical events. For example, a routine medical checkup is usually not covered. In addition, these policies often include limitations on coverage and exclusions for pre-existing conditions.

Although most travel insurance plans cover many recreational activities, such as skiing and horseback riding, they often exclude adventure sports, such as skydiving or parasailing, or competition in organized sporting events. You may need to buy a special travel policy designed for adventure or competitive sports.

International travel insurance

Most likely, your U.S.-based medical insurance will not work while you’re traveling internationally, and Medicare does not provide any coverage once you leave the United States outside of a few very specific exemptions. If you plan on traveling abroad, purchasing travel medical insurance could make a lot of sense.

» Learn more: Travel medical insurance: Emergency coverage while you travel internationally

Trip cancellation, interruption and delay

Trip cancellation coverage reimburses you for prepaid, nonrefundable expenses if the tour operator goes out of business or you have to cancel the trip for one of the covered reasons outlined in the policy, such as:

Your own illness.

The illness or death of a family member who’s not traveling with you.

Natural disasters.

Trip interruption insurance covers the nonrefundable cost of the unused portion of the trip if it is interrupted due to a reason outlined in the policy.

Trip delay coverage reimburses you for expenses such as lodging and meals if you’re delayed during a trip (e.g., your flight gets canceled due to weather ).

Many package policies cover all three. These policies are different from the cancellation waivers that cruise lines and tour operators offer, the Insurance Information Institute says. Waivers are cheap, ranging from $40 to $60, and often include restrictions. For example, according to the institute, waivers might not refund your money if you cancel immediately before departure. Waivers are technically not insurance policies.

Some companies offer additional layers of coverage at extra cost. “Cancel For Any Reason” coverage will reimburse a large part of the trip cost, no matter why you back out. And some companies let you pay extra to cover pre-existing conditions if you cancel for medical reasons.

Some insurers and comparison sites let you customize a policy by choosing types of coverage a la carte. For example, TravelInsurance.com is a comparison site that provides quotes from different providers.

Baggage and personal belongings

How does lost luggage insurance work? This coverage reimburses you for baggage and personal belongings that are lost, stolen or damaged during the trip. Some plans also reimburse you for extra expenses if you experience a baggage delay for more than a certain period, such as 12 hours.

Your renters or homeowners insurance may cover personal belongings while you are traveling. It’s best to review your homeowners insurance policy to determine the level of coverage it provides so you do not end up paying for a benefit you already have.

» Learn more: Baggage insurance explained

Emergency medical assistance, evacuation and repatriation

This coverage pays medical expenses if you get sick or injured on a trip . Medical evacuation coverage pays for transporting you to the nearest hospital, and medical repatriation pays for flying you to your home country.

» Learn more: Can I get travel insurance for pre-existing medical conditions?

24-hour assistance

This service is included with many package plans. The insurer provides a 24-hour hotline that you can call when you need help, such as booking a flight after a missed connection, finding lost luggage, or locating a doctor or lawyer.

Generally, travel insurance companies do not cover sports or any activity that can be deemed risky. If you’re thinking of incorporating adventurous activities into your vacation, choose a plan that includes adventure sports coverage.

Most travel insurers cover a wide array of services, but the specific options vary. Some plans include concierge services, providing help with restaurant referrals, tee time reservations and more. Many services also offer information before the trip, such as required vaccinations. The only way to know what’s included is to read the policy.

» Learn more: Should you insure your cruise?

Accidental death and dismemberment insurance

This coverage pays a lump sum to your beneficiary, such as a family member, if you die in an accident while on the trip. Accidental death and dismemberment insurance policies also pay a portion of the sum to you if you lose a hand, foot, limb, eyesight, speech or hearing. Some plans apply only to accidental death in a plane.

This coverage may be duplicative if you already have sufficient life insurance, which pays out whether you die in an accident or from an illness. You may also already have accidental death and dismemberment insurance through work, so it's best to check your policies to ensure you’re not overpaying.

» Learn more: NerdWallet's guide to life insurance

Rental car coverage

Rental car insurance pays for repairing your rental car if it’s damaged in a wreck, by vandals or in a natural disaster. The coverage doesn't include liability insurance, which pays for damage to other vehicles or for the medical treatment of others if you cause an accident and are held responsible.

Ask your car insurance company whether your policy will cover you when renting cars on the trip. U.S. car insurance policies generally don’t cover you when driving in other countries, except Canada.

Car insurance requirements are complex because they vary among countries. You can usually purchase liability insurance from the rental car company. Learn about car insurance requirements by searching for auto insurance by country on the U.S. Embassy website .

» Learn more: Best credit cards for rental car coverage

A note about single vs. long-term policies

Single trip insurance plans are a great option for those going on a single trip for a specific length of time (e.g., a two-week vacation) and then returning home. The price of the policy is usually determined by the cost of the trip.

Long-term travel policies cover you for multiple trips, but there are limitations to how long you can be away from home, if you can return home during your travels and how many trips you can take. In addition, trip cancellation and interruption coverage is either not offered or capped at a dollar amount that can be significantly below the total cost of all the trips taken during the covered period.

Long-term travel insurance plans — often called 'multi-trip' or 'annual travel insurance' — are a suitable option for those who travel often and are satisfied with the amount of trip cancellation coverage for all the trips they take over the duration of the policy.

» Learn more: How annual (multi-trip) travel insurance works

Below, we include how to obtain travel insurance, along with the pros and cons of each option.

Some credit cards offer trip cancellation and rental car insurance if you use the card to book the trip or car.

When you book a trip with your credit card, depending on the card you use, you may already receive trip cancellation and interruption coverage.

» Learn more: 10 credit cards that provide travel insurance

Here are a handful of credit cards that offer varying levels of travel insurance coverage for purchases made with the card.

on Chase's website

on American Express' website

• Trip delay: Up to $500 per ticket for delays more than 12 hours.

• Trip cancellation: Up to $10,000 per person and $20,000 per trip. Maximum benefit of $40,000 per 12-month period.

• Trip interruption: Up to $10,000 per person and $20,000 per trip. Maximum benefit of $40,000 per 12-month period.

• Baggage delay: Up to $100 per day for five days.

• Lost luggage: Up to $3,000 per passenger.

• Travel accident: Up to $500,000.

• Rental car insurance: Up to $75,000.

• Trip delay: Up to $500 per ticket for delays more than 6 hours.

• Travel accident: Up to $1 million.

• Rental car insurance: Up to the actual cash value of the car.

• Trip delay: Up to $500 per trip for delays more than 6 hours.

• Trip cancellation: Up to $10,000 per trip. Maximum benefit of $20,000 per 12-month period.

• Trip interruption: Up to $10,000 per trip. Maximum benefit of $20,000 per 12-month period.

Terms apply.

Pros: Coverage is free.

Cons: You can’t customize the insurance to meet your needs. Most credit cards offer secondary car rental insurance, which pays for the costs not covered by your regular car insurance plan.

Travel agents and travel reservation sites

You can buy travel insurance when you book your flight, hotel and car rental.

Pros: Buying is as quick and easy as clicking “yes” when you book reservations. Coverage is inexpensive.

Cons: You can’t customize the coverage.

» Learn more: Airline travel insurance vs. independent travel insurance

Travel insurance comparison sites

You can compare different policies and review quotes at once based on the trip search criteria you’ve input into the search form. Examples include marketplaces like Squaremouth or TravelInsurance.com.

Pros: You can choose a policy that fits your needs and compare policies and pricing in one place.

Cons: Comparing multiple policies takes time.

Travel insurance companies

You can purchase travel insurance directly from an insurance provider.

Pros: You can choose a policy that fits your needs. Many travel insurer websites also offer information to help you understand the coverage.

Cons: You’ll need to go to multiple websites to compare coverage and pricing.

» Learn more: The best travel insurance companies right now

Keep these tips in mind when you’re considering a trip insurance policy.

Evaluate the financial risks you face when traveling. Can you bear those costs yourself, or do you want insurance?

Examine what coverage you already have: Does your credit card offer travel insurance? Do you have renters or homeowners insurance to cover belongings? What is the deductible? Will your health plan cover you in all the locations where you travel?

Get quotes for trip insurance online. Choose a package of the benefits you need and compare prices for similar coverage among carriers.

Narrow your choices and then read the policy fine print to understand what’s covered, what’s excluded and the limits on coverage. You may find that the lowest-priced policy is too restrictive and that paying a little more gets you the coverage you need. Or you might find that the cheapest, most basic policy fits the bill.

If you don’t know which provider to go with, it makes sense to browse a list of plans on a travel insurance comparison site. These online marketplaces will often include plans from the best travel insurance companies along with customer reviews.

Squaremouth

Compare plans from more than 30 providers.

Over 86,000 customer reviews of insurers.

Under its Zero Complaint Guarantee, Squaremouth (a NerdWallet partner) will remove a provider if any customer complaint isn't resolved to its satisfaction.

Has a filter option to see policies that provide COVID-coverage.

TravelInsurance.com

Compare plans from 13 providers.

See good and poor customer ratings and reviews for each insurer when you receive quotes.

“Learning Center” includes travel insurance articles and travel tips, including important how-to information.

Quotes provided from each provider include a link to COVID-19 FAQs, making it easy for customers to review what’s covered or not.

InsureMyTrip

Compare plans from more than two dozen providers.

More than 70,000 customer reviews.

“Anytime Advocates” help customers navigate the claim process and will work on behalf of the customer to help with appealing a denied claim.

Includes a link to plans that offer COVID coverage.

Compare plans from 11 providers.

Search coverage by sporting activity, including ground, air and water sports.

Many types of plans available for students, visiting family members, new immigrants, those seeking COVID quarantine coverage and more.

Compare different insurance plans from 35 providers.

Over 5,600 customer reviews on Trustpilot, with an average 4.9 stars out of five.

Formerly known as AardvarkCompare, AARDY includes a “Travel Insurance 101” learning center to help customers understand various policies and benefits.

Quote search results page includes COVID-coverage highlighted in a different color to make it easier for customers to review related limits.

Whether you’re looking for an international travel insurance plan, emergency medical care, COVID coverage or a policy that includes extreme sports, these providers have you covered.

Our full analysis and more details about each organization can be found here: The Best Travel Insurance Companies Today .

Allianz Global Assistance .

Travel Guard by AIG .

USI Affinity Travel Insurance Services .

Travel Insured International .

World Nomads .

Berkshire Hathaway Travel Protection .

Travelex Insurance Services .

Seven Corners .

AXA Assistance USA .

There are a few scenarios when spending extra on travel insurance doesn't really make sense, like:

You booked flexible airline tickets.

Your hotel room has a good cancellation policy.

It's already included in your credit card.

You haven't booked any nonrefundable activities.

» Learn more: When you don't need travel insurance

Yes, especially for nonrefundable trips and travel during the COVID-era. Whether you purchase a comprehensive travel insurance policy or have travel insurance from your credit card, you shouldn't travel without having some sort of travel protection in place to safeguard you and your trip. Travel insurance can protect you in case of an unexpected emergency such as a canceled flight due to weather, a medical event that requires hospitalization, lost luggage and more.

There are many good travel insurance policies out there and a policy that may be great for you may not be good for someone else. Selecting the best plan depends on what coverage you would like and your trip details.

For example, World Nomads offers a comprehensive travel insurance policy that has excellent coverage for adventure sports. Allianz provides coverage for trips of varying lengths of time through its single trip plans and multi-trip plans. Some providers offer add-on options like Cancel For Any Reason travel insurance. If you’re not sure which plan to go with, consider looking at trip insurance comparison sites like Squaremouth or Insuremytrip.

Yes, you can. However, it's better to purchase it sooner rather than later, ideally right after booking your trip because the benefits begin as soon as you purchase a policy.

Let’s say you’re going on a trip in a month and a week before departure, you fall and break your leg. If you’ve purchased a travel insurance policy, you can use your trip cancellation benefits to get your nonrefundable deposit back.

Most comprehensive travel insurance plans offer trip cancellation, trip interruption, emergency medical and dental, medical evacuation, trip delay and lost luggage coverage. Many plans offer COVID coverage, but you’ll always want to check to ensure that the policy you choose provides that benefit if you’re traveling during these times. Some plans may also allow you to add features like Cancel For Any Reason travel insurance.

It depends which credit card you have. Premium travel cards like the Chase Sapphire Reserve® and The Platinum Card® from American Express offer travel insurance benefits if you book a trip using your card or points.

However, the coverage provided by the credit cards is usually lower than if you purchased a standalone policy. Review the travel insurance benefits on your credit card and check that the limits are adequate before foregoing from purchasing a separate plan.

Let’s say you’re going on a trip in a month and a week before departure, you fall and break your leg. If you’ve purchased a travel insurance policy, you can use your

trip cancellation benefits

to get your nonrefundable deposit back.

It depends which credit card you have. Premium travel cards like the

Chase Sapphire Reserve®

The Platinum Card® from American Express

offer travel insurance benefits if you book a trip using your card or points.

Unpredictability is one of the mind-opening joys of travel, but travel insurance should contain no surprises. The time you spend to understand your options will be well worth the peace of mind as you embark on your next adventure.

Whether you’re seeking a single or a long-term policy, each travel insurance option offers different strengths and weaknesses. Choosing the right policy depends on your trip needs, your budget and how important various benefits are to you.

Keep reading

If you want to dig in deeper to world of travel insurance, these resources will point you in the right direction.

What is travel insurance?

How much is travel insurance?

Is travel insurance worth it?

What does travel insurance cover?

Does travel insurance cover COVID?

Insurance Benefit: Trip Delay Insurance

Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period.

Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.

Please visit americanexpress.com/benefitsguide for more details.

Underwritten by New Hampshire Insurance Company, an AIG Company.

Insurance Benefit: Trip Cancellation and Interruption Insurance

The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period.

Insurance Benefit: Baggage Insurance Plan

Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g., plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one-way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on Baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip.

Underwritten by AMEX Assurance Company.

Insurance Benefit: Car Rental Loss & Damage Insurance

Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply.

Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are some of the best travel credit cards of 2024 :

Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card

No annual fee: Wells Fargo Autograph℠ Card

Flat-rate travel rewards: Capital One Venture Rewards Credit Card

Bonus travel rewards and high-end perks: Chase Sapphire Reserve®

Luxury perks: The Platinum Card® from American Express

Business travelers: Ink Business Preferred® Credit Card

1x-10x Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.

60,000 Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.

1x-5x 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.

60,000 Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.

1x-2x Earn 2X points on Southwest® purchases. Earn 2X points on local transit and commuting, including rideshare. Earn 2X points on internet, cable, and phone services, and select streaming. Earn 1X points on all other purchases.

50,000 Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening.

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• Personal Finance

Best Travel Insurance Companies for September 2024

Travel insurance is an important product to consider when booking a trip, especially if it's a pricy one or you believe there's a chance it could be canceled. If you're like the 40% of people who told Nationwide Travel Insurance they plan to travel more in 2024 than in 2023, then travel insurance could be key to making those plans a reality. And if you don't have travel insurance through your credit card, then it's important to get a policy from a travel insurance company.

According to our research, Travelex is the best travel insurance company because its comprehensive coverage comes relatively cheap. We chose the best travel insurers in our list based on an analysis of 31 travel insurance companies across several areas that are most important to travelers, including options available for your coverage, claim and policy limits, what the policy does and doesn't cover, and typical policy costs. We took time to research insurance coverage limits and what the policies covered and rank companies accordingly.

• Best Overall: Travelex
• Runner-Up, Best Overall: Allianz Travel Insurance
• Best Value: InsureMyTrip
• Most Comprehensive Coverage: World Nomads
• Best for Older Adults: HTH Travel Insurance
• Best for Cruises: Nationwide
• Best for Medical Coverage: GeoBlue
• Our Top Picks

Allianz Travel Insurance

InsureMyTrip

World Nomads

HTH Travel Insurance

• See More (4)

The Best Travel Insurance Company: Travelex

• Compare Providers
• What Is Travel Insurance?

Is Travel Insurance Necessary?

What does travel insurance cover.

• How Much Does Travel Insurance Cost?
• What Happens When You Cancel a Trip?

How to Get Travel Insurance in 6 Easy Steps

Best overall : travelex.

• Number of Policy Types: 3
• Coverage Limit: Up to 100% up to $50,000 for cancellations
• Starting Price: $24

Travelex is the best overall travel insurance company because it offers coverage (up to 150% for interruptions) for you or your family members at a competitive price—and kids are included at no extra charge. A relatively low price for the high levels of coverage made it our top choice. Look for the Travel Select plan for the best coverage.

Competitive pricing for comprehensive coverage

Multiple plan options with customizable features

Children younger than 21 covered at no extra cost

Mixed pre-existing medical condition coverage depending on the policy purchase date

No annual plan available

Basic coverage plan features minimal coverage

Travelex Insurance Services is a well-known travel insurance provider based in Omaha, Nebraska. Founded in 1996, Travelex offers several insurance packages depending on the coverage you need for your trip. Policies are underwritten by Berkshire Hathaway Specialty Insurance, which earns an A++ rating from AM Best and AA+ from Standard & Poor’s, which means the company has good financial strength.  Coverage is available to customers worldwide.

There are three plans: Travel Basic (the budget-friendly option), Travel Select (good for families), Travel America (coverage for travel in the U.S.).

The Travel Select plan starts at about $36 (that is a one-time payment for your whole trip). It includes trip cancellation insurance, trip interruption, and emergency medical and evacuation, but there also are several ways to customize and upgrade coverage. It also includes protection for kids 17 and under.

Travel is covered up to $50,000 for cancellations. You can receive up to 150% of the trip cost, up to $75,000, for trip interruptions. Emergency medical limits are $50,000, and emergency evacuation coverage is good for up to $500,000.

In addition, Travel Select has a 15-day pre-existing medical condition exclusion waiver. If you purchase your policy within 15 days of paying for your trip and insure the full cost of the trip, your pre-existing injury or illness is likely covered.

Runner-Up , Best Overall : Allianz Travel Insurance

• Number of Policy Types: 10
• Coverage Limit: Varies depending on annual or single-trip plan
• Starting Price: $138

Allianz is the runner-up best overall travel insurance company because it offers coverage for frequent travelers with a low cost per trip. Get the best coverage from the AllTrips Executive Plan. Individual trip coverage is also available.

Annual- or single-trip plans are available

Many policy types fit varying needs

Cover yourself and your household all year even if you’re not traveling together

Does not cover extended travel periods

Some annual plans have per-trip limits while others have annual limits

Limit for emergency medical transportation coverage is only $250,000

Allianz Travel is a subsidiary of Allianz, which traces its history back to 1890 in Germany. Travel policies are underwritten by insurers with AM Best ratings of A to A+ and are available only to legal U.S. residents.

Travelers who want to hit the road many times per year should consider annual travel insurance rather than individual per-trip policies. Allianz Travel offers four different annual plans with varying benefit levels. We particularly like its AllTrips Executive Plan, which has the highest limits and coverage.

The AllTrips Executive Plan provides tiered limits starting at $5,000 for trip cancellation insurance or interruption coverage. It also offers $50,000 for emergency medical and $250,000 for emergency transportation per insured per trip. There is a lengthy list of exclusions, including extreme sports, so make sure to read the fine print before jumping into adventure activities.

Quotes for a single traveler, a couple, and a family of four had a price point of $500 per traveler per year. If you pay for comprehensive coverage at $120 per person per trip and are going to travel at least five times per year, you will break even with this plan. If you’re looking for lower costs, the AllTrips Basic, Premier, and Prime options are also available from Allianz.

Best Value : InsureMyTrip

• Number of Policy Types: Multiple options from over 20 providers
• Coverage Limit: Varies
• Starting Price: $25 to $100

InsureMyTrip is the best valued travel insurance company because it allows you to compare policies from more than 20 different travel insurance providers with one form so you know you’re getting a good deal for the coverage you need. You can find low-cost trip coverage or customize a plan to meet your needs so you don’t overpay for coverage you won’t use.

Search for quotes from multiple reputable insurers

Shop around with one application for multiple trip types

View multiple plans from eligible insurers for your planned trip

Many popular insurers are not included in listings

Initial listing pages don’t show policy limits

Includes some policies with low coverage limits

Founded in 2000, InsureMyTrip is a travel insurance comparison website that searches more than 20 insurers using one intake form. It offers an easy-to-use sign-up tool to compare multiple policies based on your specific needs quickly. Filters can pick policies that cover adventure sports, higher limits, increased medical coverage, and more.

A quote for a family of four taking a 14-day trip that costs $4,000 and includes plane and hotel expenses resulted in three suggested plans with costs of around $100 to around $400 for varying levels of travel protection. Basic features included luggage coverage, travel delay, and medical care. Note that rates will differ based on where customers are originating from and where they are vacationing, as well as other variables.

The insurers you'll find while using InsureMyTrip have earned a variety of industry ratings and are generally considered reputable and financially stable. Still, as with policies bought directly from insurers, it’s a good idea to read the policy details before clicking the buy button. Each underlying insurer has different claims processes, exclusions, and limits. InsureMyTrip makes it easier, however, to be an informed travel insurance buyer.

Most Comprehensive Coverage : World Nomads

• Number of Policy Types: 2
• Coverage Limit: Up to $10,000 for trip cancellation
• Starting Price: $100 to $200

World Nomads is the best comprehensive coverage travel insurance company because adventure travelers and digital nomads will get coverage of up to $100,000 for accidents for some of the most extreme adventures.

Extensive coverage with high limits for medical and emergency evacuation

Protects your bags, computers, and sports equipment when traveling

Explorer plan covers adventure sports

Only single-trip plans are available

Most pre-existing medical conditions are not covered

Not all policies cover adventure sports

World Nomads is a good insurer for those looking for adventure. The Australia-based provider was founded in 2000 and is a solid choice for worldwide travel with few excluded activities. Policies are underwritten by various insurers including the financially strong and well-known Nationwide Mutual Insurance Company, Generali Global, AIG, and Lloyd’s.

Coverage includes terrorist attacks, assault, medical repatriation, equipment and baggage, and overseas medical and dental. The high-end Explorer Plan covers activities including snow sports, water sports, aviation, motorsports, athletics, and high-adventure experiences. It names more than 200 activities, many of which other insurers specifically exclude.

For the Explorer Plan, a solo 35-year-old would pay around $200, depending on inputs like state of origin, for a month in Thailand, which is reasonable for such extensive coverage. The Standard Plan costs around $100 for the same trip, but it makes sense to choose higher coverage levels if you’re worried about something going wrong.

This U.S.-based policy is underwritten by Nationwide (rated A by AM Best) with a $100,000 limit for emergency accidents and illnesses, $500,000 for emergency evacuation, $10,000 for trip cancellation insurance (or interruption), and much more.

Though it doesn’t have the same insurance reputation as some other providers, it works with reputable companies to underwrite policies.

Best for Older Adults : HTH Travel Insurance

• Number of Policy Types: 5
• Coverage Limit: Up to $50,000 for trip cancellation
• Starting Price: Varies

HTH Travel Insurance is the best travel insurance company for older adults because its medical coverage is excellent and you get flexible options while on a budget.

High levels of medical coverage for adults up to 95 years old

Up to a $1,500 allowance for someone to visit you in the hospital

May be expensive depending on your needs

Best plan for older adults requires existing health insurance

Lowest policy has a $50,000 maximum benefit per person

Headquartered in Pennsylvania, HTH Worldwide was founded in 1997, and HTH Travel Insurance offers plans with high levels of medical coverage. That’s a big concern for older adults leaving the country , as they could end up in a doctor’s office or hospital with an expensive bill to follow. HTH Travel Insurance offers up to $1 million in total coverage for medical.

Policies for travelers with existing primary insurance enjoy 100% coverage for typical hospital charges, including surgery, tests, office visits, inpatient hospital stays, and prescription drugs outside of the U.S., among other coverage.

Medical evacuation is available up to $500,000, but trip interruption and baggage coverage are pretty light. Most people will choose this plan for medical rather than travel benefits. This policy is available to applicants who are 95 years old or younger.

Travel insurance is also available for people without existing health coverage. Most older adults in the U.S. are covered by some existing coverage, such as Medicare, but Medicare doesn’t work outside of the United States, leaving people uninsured when abroad. HTH Travel Insurance provides policies for those without existing medical coverage. The age limit is 95, but there is a 180-day pre-existing medical condition exclusion.

Best for Cruises : Nationwide

• Number of Policy Types: 8
• Coverage Limit: Up to $30,000 for trip cancellation
• Starting Price: $100

Nationwide is the best travel insurance for cruises because it offers multiple options to protect your cruise vacation with tailored coverage for common cruise trip issues. Make sure to review the benefit levels so you pick the right coverage for your needs.

Large insurer with a strong reputation

Three different cruise insurance plans to choose from

Coverage for common cruise issues like missed connections and itinerary changes

Some plans have low coverage levels for some incidents

Benefit limits are low for trip interruption for any reason

Pre-existing medical conditions may not be covered

Nationwide has been around since 1925. The Columbus, Ohio-based insurance company offers the most popular types of insurance including auto, home, and life. It also offers a few types of travel insurance coverage for individual trips, multi-trips, and cruises.

For single trip protection, Nationwide offers trip cancellation insurance of up to $10,000 with its Essentials plan and $30,000 with its Prime plan. Travelers may also get an annual travel insurance package for just $59 a year to cover delays, medical expenses, medical evacuation, lost luggage, and travel assistance.

Its custom-tailored plans for cruises, however, are what landed it in this category. The Universal Cruise plan, Choice Cruise plan, and Luxury Cruise plan make it easy to pick the right coverage for your individual needs. The cost for a couple on a 10-day cruise to Mexico, for example, was quoted at around $200 for both the Universal and Choice plans.

Cruise insurance from Nationwide covers what you worry about most with a cruise. Things like broken-down ships and itinerary changes can lead to missed excursions and flights or other costs. For the Universal Cruise plan, emergency medical expenses are covered up to $75,000 with medical evacuation benefits up to $250,000.

Additionally, all plans include coverage for the weather, an extension of school sessions, work emergencies, and terrorism. The luxury plan also covers the Centers for Disease Control and Prevention warnings in effect at your destination.

Travelers in 2024 have concerns over trip cancelations due to unprecedented events. Nationwide's survey showed that 51% are still worried about a resurgence of COVID-19, while 54% worry about weather-related delays or cancellations. Other worries include technology issues (38%), unruly fellow travelers (37%), and employee strikes (25%). Travel insurance can help alleviate some stress about a trip being canceled.

Best for Medical Coverage : GeoBlue

GeoBlue is the best travel insurance company for medical coverage because it offers multiple options to buy travel medical insurance coverage for a lower price than a full travel insurance package. It offers medical coverage on its own if you don’t want or need additional travel coverage.

Up to $1 million in medical coverage

Gives a la carte medical coverage when other trip costs are already covered

Different policies allow you to cover various needs and pre-existing medical conditions

Primarily covers medical costs

Additional primary medical coverage required

GeoBlue, headquartered in Pennsylvania, is part of Worldwide Insurance Services, and policies come with a license from Blue Cross Blue Shield Association. Policies are issued by 4 Ever Life International Limited, a company with a history of more than 60 years and an A rating (Excellent) from AM Best.

If you just need coverage for medical needs, GeoBlue is a good choice. This insurer offers only travel medical coverage. Paying for medical coverage means you aren't paying for the rest of your travel insurance, which you already may have covered. If you already have a credit card with travel insurance included, your card's terms likely protect things like lost luggage and missed flights, for example. Instead, you get covered just for medical, and the costs for that are as low as a few dollars per day.

Because you’re mostly getting travel medical coverage, you will pay a lot less than most other insurers on this list. Just make sure you completely understand what it does and doesn't cover. You will receive only minimal luggage protection and travel interruption coverage with GeoBlue's plans.

GeoBlue has two general plans for single trips, multiple trips, and long-term travel. Additionally, there are five specialty policies for niche travel medical insurance needs, like study abroad. It doesn’t cover everything related to your trip, but it makes medical coverage much more affordable.

Travelex is the best travel insurance company because it offers competitive pricing for comprehensive travel insurance. Policies from Travelex cover everything from canceled or interrupted trips to medical emergencies and evacuations. It also features a 15-day pre-existing medical conditions waiver, which means that as long as you book your trip several weeks in advance, you and your family members will likely still be covered.

There are many options to choose from when it comes to travel insurance. It can provide you with peace of mind and save you thousands of dollars if your travel plans are canceled or interrupted at the last minute. With world events like pandemics, natural disasters, and wars that could easily throw an unexpected wrench in your travel plans, travel insurance helps you to stay prepared. Overall, our top choice for travel insurance is Travelex.

Why You Can Trust Our Expert Recommendations for the Best Travel Insurance

Investopedia identified the most important factors for readers looking for a travel insurance company. Then we collected several key data points from over 30 travel insurance companies. We used this data to review and score each company for cost, coverage limits, exclusions, customer service, and other features to provide unbiased, comprehensive recommendations to ensure our readers make the right decision for their needs. Investopedia launched in 1999, and has been helping readers find the best travel insurance companies since 2020.

Compare the Best Travel Insurance Companies

Travel insurance covers common problems when traveling. From trip interruptions to full cancellations, it can help protect the money you put down for your travel experience.

Common coverage includes more than just an unexpected trip stoppage. It can also cover lost or damaged luggage and changes to your itinerary for covered reasons, among other benefits.

Medical coverage is an important factor to consider because your current health insurance may not work away from home. The best travel insurance includes coverage for medical treatment, dental emergencies, and medical transportation. If you have any pre-existing medical conditions or are at risk, it’s important to make sure your policy covers these, too.

If you're traveling locally, such as within your state or within your country, you likely do not need travel insurance. You may be covered with some sort of trip insurance through the credit card you paid for your trip with, and you may have adequate health insurance that can cover you if you need medical attention away from home.

Some credit cards , especially those premium travel rewards cards, may provide the following coverages: 

• Trip cancellation insurance
• Trip delay reimbursement
• Emergency evacuation and transportation
• Accidental death and dismemberment
• Lost or delayed luggage reimbursement
• Auto damage waivers
• Roadside emergency assistance

And if you book a refundable trip, travel insurance may not be necessary.

However, if your trip is expensive or it's in another country, travel insurance will come in handy if something unexpected were to happen. You may also need travel insurance if you're traveling to a particular country such as Antarctica, Egypt, Chile, Turkey, and more.

Travel insurance can give you peace of mind that you'll get some of your money back or that you're insured in case you need medical attention or another type of help while away from home.

Tips for Picking the Best Travel Insurance for You

When picking the best travel insurance policy, there are a few things you should consider. Here are some tips and factors to think about:

• Look for low pricing and good coverage : Pricing is one of the most significant factors when comparing travel insurance policies. Look for a provider that offers low rates and doesn’t skimp on coverage.
• Don't settle for the first policy type : Depending on where you’re traveling and how long you’re staying there, different types of travel insurance policies may work best for your situation. For instance, you may need a different policy for a weeklong trip than you would if you plan to travel abroad for several months.
• Match your coverage limits to your travel costs : Travel insurance plans have coverage limits for trip cancellation, interruption, and medical expenses. Look for a plan whose coverage limit matches the amount you’ve spent on your travel plans.
• Don't forget to look at the exclusions : Some travel insurance plans come with exclusions. If you’re worried about a particular event or accident, make sure it’s covered before you pay for a plan.
• Look for high customer satisfaction ratings : Customer satisfaction is also an important factor when purchasing a travel insurance plan. Look for a provider with high customer satisfaction ratings and a history of good customer service.

"As someone who is always purchasing travel insurance, and has been for years, the thing that matters to me the most is mainly coverage and customer service. I want to know what my policy will cover, especially if I am taking a trip that involves a lot of activities, as well as how easy it will be to contact the company should I need to do so. I have found in the past that the price is always very reasonable and you can shop around, so it has never been the biggest concern for me." -Alice Morgan, Senior Digital Art Director, Dotdash Meredith

Travel insurance may include many different benefits. Here’s a look at some common situations covered by many travel insurance plans:

• Trip cancellation
• Trip interruption
• Missed connection
• Baggage and possession loss, damage, and theft
• Delayed luggage
• Emergency medical treatment
• Emergency medical evacuation
• Accidental death and dismemberment (AD&D)

Emergency medical treatment may include things like ambulance services, x-rays, doctor bills, dental work, lab work, and more. It'll depend on the travel insurance company, so be sure to ask before paying for the insurance and/or additional benefits.

There are additional specialty coverages as well, such as customized policies for cruises. It’s a good idea to shop around and compare before making a final decision.

What Does Travel Insurance Not Cover?

Just as homeowners insurance often excludes damage from things like earthquakes and floods, travel insurance has common exclusions you need to know about. Here are some types of coverage you may not get with travel insurance:

• Weather-related cancellations and delays
• Trip cancellations or changes due to acts of terrorism
• Trip cancellations or changes due to a pandemic
• Injuries from extreme sports and high-adventure activities

Though most policies have limits and exclusions around these circumstances, not all do. Some insurers on this list have special coverage for these exact causes or include them in standard plan terms. Again, this is why it’s so important to read your policy documents before paying for and locking in your policy.

Best Cancel-for-Any-Reason Travel Insurance

The best cancel-for-any-reason (CFAR) travel insurance company is USI Affinity because it offers seven different insurance plans at the lowest premiums of all CFAR insurance companies we researched.

Travel insurance costs vary widely by coverage and insurer. You can expect to pay anywhere from a few dollars a day to more than $10 a day for short-term and single-trip coverage. The cost of your trip is another major factor in the insurance rate.

A few things impact the cost of travel insurance:

• Destination
• Length of trip
• Age of travelers

That means insurance for a single trip could cost anywhere from around $20 to hundreds of dollars. Annual policies cost around $500 per year for high levels of coverage.

There are many inexpensive travel insurance plans available, but most travelers are best protected with comprehensive coverage. It costs a bit more, but you'll be glad you have it if you need to file a claim.

Is Travel Insurance Worth the Cost?

If you pay a lot for a trip or vacation, then travel insurance should be worth the cost because you don't want to lose out on that investment. It won't always be necessary, but if travel insurance costs just a fraction of what you paid for the trip, then you'll be happy you had it if you have to cancel a trip worth hundreds or thousands of dollars. For example, if you book a European vacation worth $4,000 and your travel insurance costs just $400, it might be worth it so that if anything happens and you need to cancel, you still get $3,600 back in your pocket.

How Does Travel Insurance Work When You Cancel Your Trip?

When canceling your trip, you'll want to contact the travel insurance company right away. The policy and travel insurance company you selected will cover certain parts of your trip. It's important to review this policy and details to understand exactly what you need to do to get your money back for your trip.

Don't cancel your trip until you read your policy and know what is required for your claim.

For example, if you are ill and a doctor tells you not to travel, you may need to get a written note from the doctor and submit it with your trip cancellation claim.

Before you submit a claim and cancel your trip, consider if you can delay it and reschedule it instead. If you can't, then make sure you have all the required documents (receipts, proof of hotel booking, airline ticket confirmation, etc.). Once you submit your claim, it could take days (Allianz says up to 10 business days, sometimes) for you to receive notice that the claim was processed.

• Select a travel insurance company.
• Apply for the travel insurance plan of choice on the company's website or over the phone.
• Provide basic info about who is traveling and their travel plans, like name, age, location of trip, travel expenses, and costs like hotels or airfare.
• Wait to be approved.
• Create an online account for easy access while you travel. Some companies may also have an app.
• Enjoy your trip, and file a claim online or over the phone if needed.

Frequently Asked Questions

Which travel insurance is best.

The best travel insurance company is Travelex because it offers comprehensive coverage at a relatively low price. Travelex has multiple plan options and family members younger than 21 are covered at no extra cost. Another perk is Travelex's Travel Select plan which has a 15-day pre-existing medical condition exclusion waiver. If you purchase your policy within 15 days of paying for your trip and insure the full cost of your trip, your pre-existing injury or illness is likely covered.

In Which Countries Is Travel Insurance Required?

Travel insurance is not mandatory or required by all countries, but some do. For example, Cuba requires people traveling from the U.S. to Cuba to have non-U.S. medical insurance, which may be covered through travel insurance or an airline. Other countries that may require or strongly encourage travel insurance include Antarctica, Egypt, Chile, Turkey, and more. Check a country's specific travel requirements before booking your trip to understand if travel insurance is required.

How Many Days Before a Trip Should You Buy Travel Insurance?

You should always buy travel insurance as soon as you book your trip. If you forgot to buy travel insurance when you booked, it's OK—aim to buy it at least 15 days before traveling to ensure you're eligible for coverage.

Do I Need Travel Insurance for a Cruise?

Just as with any kind of trip, whether you need cruise insurance largely depends on the cost of the trip, and where you're going. If you're paying more than $1,000 for a cruise, travel insurance is probably worth it. For instance, you may want international medical insurance if you're traveling to other countries because some health insurance policies do not cover international travel—Medicare and Medicaid in particular.

Just be aware that if you buy cruise insurance (as opposed to a general travel insurance policy), it may not cover travel before and after the cruise, such as your flight to the port and any hotel expenses you may have pre- or post-trip.

Does State Farm Offer Travel Insurance?

State Farm does not offer travel insurance. State Farm offers car insurance, motorcycle insurance, boat insurance, motorhome insurance, off-road vehicle insurance, homeowners insurance, renters insurance, condo insurance, life insurance, liability insurance, small business insurance, and more.

Can You Buy Travel Insurance After Booking a Flight?

Yes, you can book travel insurance after booking a flight. This may be a great time to book travel insurance because you'll know what coverage you need in case something happens and your trip is canceled. Signing up for travel insurance as soon as possible will always be your best bet.

Does Travel Insurance Cover Canceled Flights?

Most travel insurance covers canceled flights, as well as delayed flights. If your flight is delayed by a certain number of hours, your travel insurance may reimburse you for the additional money you spent as a result of that delay or cancelation.

Should You Get Travel Insurance Through an Airline?

Some airlines offer trip insurance through travel insurance companies. For example, United Airlines offers a Travel Guard insurance plan that may cover unexpected trip cancellations due to illness, and reimbursement for canceled flights or lost luggage. However, you should first compare all your travel insurance options before picking a company and plan to ensure you'll pay a fair price for exactly what you need.

How We Found the Best Travel Insurance Companies

To come up with this list of the top travel insurance providers, we looked at more than 30 different travel insurance companies and plans. Major areas of focus included coverage options, claim and policy limits, what’s covered, and typical insurance policy costs.

The biggest focus was on insurance coverage limits and what each policy covers. Cost is important, but a difference of $20 for much better coverage is often negligible. The most important features examined in this review are the ones that make your policy valuable and easy to use if you ever need it.

Your Guide to Travel Insurance

• Do I Need Travel Insurance?
• How to Get the Cheapest Travel Insurance
• Best Travel Insurance Options for Older Adults
• Best Cancel for Any Reason (CFAR) Travel Insurance
• How Much Is Cancel for Any Reason Travel Insurance?
• How to Buy Cancel for Any Reason Travel Insurance

Nationwide. " Survey: U.S. Consumer Travel to Surge in 2024 ."

Travelex. " About Travelex ."

S&P Global Market Intelligence. " Insurance Ratings Actions: S&P Acts on Berkshire Hathaway’s Insurance Segment ."

AM Best. " AM Best Affirms Credit Ratings of Berkshire Hathaway Life Ins Co of Nebraska and First Berkshire Hathaway Life Ins Co ."

Travelex. " Travel Select ."

Allianz. " History of Allianz ."

AM Best " AM Best Upgrades Credit Ratings of BCS Financial Group Members ."

AM Best. " AM Best Affirms Credit Ratings of Allianz SE and Rated Subsidiaries ."

Allianz Travel. " AllTrips Executive ."

InsureMyTrip. " About ."

World Nomads. " About World Nomads ."

World Nomads. " What's Covered for Americans? "

World Nomads. " Summary of Plan Benefits: Explorer Plan ."

AM Best. " AM Best Downgrades Credit Ratings of Nationwide Mutual Insurance Company and Its Property/Casualty Subsidiaries; Affirms Credit Ratings of Life Affiliates ."

HTH Travel Insurance. " About Us ."

U.S. Centers for Medicare and Medicaid Services. " Travel Outside the U.S. "

HTH Travel Insurance. " Options for Travelers Without a Primary Plan ."

Nationwide. " About Nationwide ."

Nationwide. " Nationwide Single-Trip Insurance ."

Nationwide. " Nationwide Annual Travel Insurance ."

Nationwide. " Cruise Travel Insurance ."

4 Ever Life. " About Us ."

AM Best. " AM Best Upgrades Credit Ratings of BCS Financial Group Members ."

GeoBlue. " Travel Medical Insurance Plans ."

InsureMyTrip. " Which Countries Require Travel Insurance? "

Squaremouth Travel Insurance. " Emergency Medical ."

Allianz. " Trip Cancellation Checklist ."

U.S. Embassy in Cuba. " Medical Assistance ."

Travelex. " Frequently Asked Questions ."

State Farm. " Types of Insurance Coverage ."

Travelers. " When to Get Travel Insurance ."

Travelex. " Trip Delay Coverage ."

AIG and United. " Domestic Air Ticket Plan ."

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Travel Insurance

You have spent a lot of time planning and saving for your upcoming vacation. Your departure date will be here before you know it. However, we all know things don’t always go according to plan. What would you do if something unexpected happened before or during your trip? For instance, your flight is canceled or delayed, you experience a medical emergency, or your baggage is lost during transit?

Travel insurance can help provide a much-needed safety net if:

• You or a family member get sick the day before your departure, and you cannot travel  - Opens a dialog   
• You have a medical emergency while on your trip  
• You arrive at your destination, but your bags do not  
• You miss your plane due to a car accident on the way to the airport  

These things and more can happen and a travel insurance plan can provide valuable benefits that help cover expenses when they do.

Travel with confidence knowing that your travel insurance also provides 24/7 travel and emergency assistance. You can relax and enjoy your vacation knowing that help is just a phone call away should you need assistance 1-844-246-8470.

Don’t let an unexpected event interfere with your vacation; let a travel insurance plan help protect you against the unexpected.

Please Note: To be eligible for the waiver of pre-existing medical condition exclusion, the protection plan must be purchased within 21 days from the time you make your initial trip payment. The full coverage terms and details, including limitations and exclusions, are contained in the insurance policy. For details: https://47-0351.covermore.com

Travel Insurance is offered and provided by Cover-More Inc., a company of Zurich, as made available through CWC Travel Inc., for Costco Travel. Plans are not available to residents of New York at this time. The product descriptions provided here are only brief summaries. The full coverage terms and details, including limitations and exclusions are contained in the insurance Policy. Cover-More Inc. CA Agency License #0N13321. Insurance coverage underwritten by individual member companies of Zurich in North America, including Zurich American Insurance Company (NAIC #16535).

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Entry Requirements & COVID-19 Travel Resources 

Confused about entry requirements for your destination? Our  interactive map shows current travel rules and restrictions for each destination, including info on COVID-19 testing, necessary travel documents and quarantine periods.

Find out how our  Epidemic Coverage Endorsement can protect your next trip from certain losses related to COVID-19.

Why do I need travel insurance?

Because sometimes..., you have to cancel a trip last-minute..

Travel insurance can reimburse you for your prepaid, non-refundable trip costs — including vacation rentals, car rentals, hotels and flights — if you have to cancel for a covered reason.

Travel delays leave you stranded.

Travel insurance can reimburse you for eligible meals, accommodation and transportation expenses during a covered delay.

You get sick or hurt when you're far from home.

Travel insurance can reimburse you for care following a covered medical emergency while traveling. We can even arrange and pay for a medical evacuation if needed.

Fender-benders are unavoidable.

Renting a car means taking on a big financial risk; even a tiny scrape can cost you hundreds. Low-priced rental car insurance lets you drive worry-free.

You need help in a hurry.

Whether you're planning a week-long road trip or a weekend getaway, you never know what might happen. Travel insurance gives you access to our 24-Hour Assistance hotline for expert, personalized support in a crisis.

Why go with Allianz Travel Insurance?

As a world leader in travel protection, we help more than 70 million people answer the call of adventure with confidence every year.

We're Protecting You

From protection for trip cancellation to medical bills abroad, our benefits are designed to help you explore reassured.

We're There For You

We've got your back with award-winning 24/7 assistance and a worldwide network of prescreened hospitals to help you get the right care.

We're Built For You

From our Allyz ® TravelSmart app to proactive SmartBenefits, we innovate for the way you travel today - and tomorrow.

TRAVEL RESOURCES

How Travel Insurance Works

How the Cancel Anytime Upgrade Works

What Does Rental Car Insurance Cover?

Is It Too Late to Buy Travel Insurance?

The Comprehensive Guide to Annual Travel Insurance

The Top Travel Apps That You Need This Summer

Travel Insurance with Emergency Medical Benefits

Destination Guide: Croatia

Travel Insurance & COVID-19: The Epidemic Coverage Endorsement Explained

More Travel Resources »

LATEST COVERAGE ALERTS

The events listed below are considered "known and foreseeable" for travel insurance purposes on the date listed next to the event. Please consult your policy for more information.

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Terms, conditions, and exclusions apply. Please see your plan for full details. Benefits/Coverage may vary by state, and sublimits may apply.

Insurance benefits underwritten by BCS Insurance Company (OH, Administrative Office: 2 Mid America Plaza, Suite 200, Oakbrook Terrace, IL 60181), rated “A” (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: 9950 Mayland Drive, Richmond, VA 23233), rated “A+” (Superior) by A.M. Best Co., under Jefferson Form No. 101-C series or 101-P series, depending on your state of residence and plan chosen. A+ (Superior) and A (Excellent) are the 2nd and 3rd highest, respectively, of A.M. Best's 13 Financial Strength Ratings. Plans only available to U.S. residents and may not be available in all jurisdictions. Allianz Global Assistance and Allianz Travel Insurance are marks of AGA Service Company dba Allianz Global Assistance or its affiliates. Allianz Travel Insurance products are distributed by Allianz Global Assistance, the licensed producer and administrator of these plans and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage due to the affiliation between AGA Service Company and Jefferson Insurance Company. Plans include insurance benefits and assistance services. Any Non-Insurance Assistance services purchased are provided through AGA Service Company. Except as expressly provided under your plan, you are responsible for charges you incur from third parties. Contact AGA Service Company at  800-284-8300 or 9950 Mayland Drive, Richmond, VA 23233 or [email protected] .

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MarketWatch Guides is a reviews and recommendations team, independent of the MarketWatch newsroom. We might earn a commission from links in this content.  Learn More

The Best Travel Insurance Companies

• Based on the MarketWatch Guides team’s comprehensive review of over two dozen travel insurers and 49 different policies, the best travel insurance company is Travelex.
•  Travel insurance policies offer reimbursement if your trip gets canceled for a covered reason, you incur emergency medical bills, and for other situations such as missed flights or baggage delays.
•  According to our survey of 1,000 travel insurance policyholders nationwide, 97% of respondents claim travel insurance is worth the cost.

Alex Carver is a writer and researcher based in Charlotte, N.C. A contributor to major news websites such as Automoblog and USA Today, she’s written content in sectors such as insurance, warranties, shipping, real estate and more.

Tori Addison is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic sectors. A journalist by trade, she started her career covering politics and news in New York’s Hudson Valley. Her work included coverage of local and state budgets, federal financial regulations and health care legislation.

Here’s a breakdown of how we reviewed and rated the best travel insurance companies

The Best Travel Insurance of 2024

After reviewing dozens of travel insurance providers operating throughout the U.S., the following are our top recommendations:

• Travelex Insurance: Our top pick
• Nationwide Travel Insurance : Best for baggage coverage
• AIG Travel Guard : Best for families
• Faye : Best cancel for any reason coverage
• WorldTrips : Most affordable comprehensive coverage
• Generali Global Assistance : Best for trip interruption coverage
• Seven Corners : Best for visitors to the U.S.
• AEGIS : Best for immediate reimbursement
• Travel Insured International: Best for evacuation coverage

How We Ranked the Best Travel Insurance Providers

To rank the best travel insurance providers, we took a closer look at each provider’s ratings calculated using our comprehensive travel insurance methodology . This process involved considering the cost, coverage timelines and amounts, and customer service and reviews. We also awarded each provider a superlative based on key strengths identified by our team.

Read more about the providers we’ve chosen as best in the sections below.

Why We Picked Travelex

We chose Travelex as our overall pick for the best travel insurance company thanks to its above-average scores in all rating categories across our methodology. In addition, the provider has made several of our top travel insurance lists. This includes best travel insurance for families , as Travelex includes children under 17 for free with the purchase of an adult policy. However, note that the provider’s Travel Basic plan lacks this extended coverage for children.

Travelex also topped our list of best long-term travel insurance providers with its Travel Select policy, which can cover travelers for up to a year abroad with no primary health insurance requirement. While our research found that most providers with long-term policies don’t offer trip cancellation or cancel for any reason (CFAR) coverage, Travelex’s Travel Select plan does, making it stand out compared to other insurers with this type of travel insurance plan.

Pros and Cons

Customer reviews and ratings.

Travelex holds a 4.4 out of 5-star rating on Squaremouth with over 2,000 confirmed customer reviews.

How Travelex Scored in Our Methodology:

Coverage and Cost

Travelex’s base plan, the Travel Basic coverage, includes 100% protection for both trip cancellation and interruption. It also includes $15,000 worth of emergency medical coverage, $100,000 in emergency evacuation coverage and $500 for lost baggage. Travelex’s Travel Select plan extends additional coverage, such as sporting equipment delay benefits of $200 and you can include kids with your policy.

Travelex offers the following add-ons for the Travel Select policy:

• CFAR coverage (50% reimbursement)
• Medical expense extension (extends coverage to $50,000)
• Adventure sports waiver for medical expenses coverage
• Accidental death and dismemberment (AD&D) extension (extends coverage to $25,000)

*Higher medical and evacuation coverage limits are available on other policies. Contact the company to learn more. 

Our research team obtained premium costs for eight unique traveler profiles and found that Travelex’s average trip cost is $202.

Nationwide Travel Insurance

Why We Picked Nationwide

We named Nationwide as the best for baggage coverage thanks to its generous limits across several plans. It offers $2,000 for lost or damaged baggage and $600 for delayed luggage through its most comprehensive standard plan. It also provides $2,500 for lost or damaged baggage and $1,000 for baggage delays through its cruise-specific Luxury Cruise policy.

Nationwide’s unique cruise insurance policies is why the company tops our list of best cruise insurers . Few providers offer plans tailored explicitly for cruises, but Nationwide offers three to fit various budgets and traveler needs. Some standout coverages for cruises with these plans include missed prepaid excursion coverage, itinerary change coverage and more.

Nationwide has a 4 out of 5-star rating from 600 verified customers on Squaremouth .

How Nationwide Scored in Our Methodology:

Nationwide offers three levels of cruise coverage: the Universal, Choice and Luxury cruise policies. As the names suggest, each tier covers varying levels of cruise expenses. For example, the Universal policy covers $500 worth of expenses related to missed connections while the Luxury policy offers $2,000.

Nationwide offers the following add-ons for its cruise coverage:

• AD&D benefits
• CFAR coverage (up to 75% of trip costs)
• Vendor financial default coverage
• Interruption for any reason (IFAR) coverage
• Pre-existing conditions waiver
• Rental car collision damage

In addition to cruise coverage, Nationwide also offers the following two travel insurance plans, which include standard baggage and cancellation insurance.

After gathering quotes from Nationwide using our sample traveler profiles, we found the average cost of a policy is $206.

AIG Travel Guard

Why We Picked AIG

We chose AIG Travel Guard as the provider best for families, as it offers free coverage to children under 17 with the purchase of an adult policy. Our research shows the cost of a policy from AIG is $237, around 16% more than the average overall cost calculated by our team. However, the free coverage for children can make it a better value overall for some travelers.

We appreciate how AIG provides a unique Medevac plan with up to $5 million in medical evacuation coverage, which could benefit adventurers traveling to remote locations lacking medical infrastructure. It also provides coverage for last-minute travels through its Pack N’ Go policy, providing immediate trip and medical protections alongside 24-hour emergency travel services.

While AIG Travel Guard lacks customer ratings through Squaremouth, the provider holds accreditation and an A+ rating with the Better Business Bureau (BBB). However, it also has a 1 out of 5-star customer review rating.

How AIG Scored in Our Methodology:

AIG’s primary travel insurance product is its international travel plans, which provide 100% trip cancellation insurance, up to $1,000 in trip delay coverage, up to $1 million in medical evacuation coverage and other benefits commonly found with competitors. It also offers two unique policy options: the quick approval Pack-N-Go plan and an annual plan for frequent flyers.

AIG offers three travel insurance plans, all of which include family coverage:

It also offers the following add-ons:

• CFAR coverage (up to 50% reimbursement)
• Missed connection benefit ($150)

*Higher medical and evacuation coverage limits are available on other policies. Contact the company to learn more.

According to our research on travel insurance costs across dozens of providers, we found the average price of a travel policy from AIG Travel Guard is $237.

Why We Picked Faye Travel Insurance

Why We Picked Faye

We chose Faye as the best option for CFAR coverage because it offers 75% reimbursement of total trip costs at a budget-friendly price for many travelers. After gathering quotes for a $4,000 weeklong trip to France, we found that adding CFAR coverage only cost an additional 31% of our Faye policy premium. Our research has found that most providers charge 50% or more of your premium to add this protection.

Faye tops several of our best travel insurance lists, such as best travel insurance for seniors and best group travel insurance . It provides $250,000 worth of primary medical coverage and a pre-existing conditions waiver that can benefit seniors with chronic illnesses. In addition, its convenient and quick online process makes it easy to sign up for a group travel policy in less than 10 minutes.

Faye lacks customer reviews and a customer rating through Squaremouth. However, it holds a 4.7 out of 5-star rating from over 800 customer reviews on Trustpilot.

How Faye scored in our methodology:

Faye offers one plan with several optional add-on options.

Optional Add-Ons 

• Cancel for any reason (CFAR) 
• Rental car damage or theft
• Adventure and extreme sports protection 
• Vacation rental damage protection

*Coverage limits and availability may vary by state of residence.

We obtained quotes for various trips and sample traveler profiles as outlined in our review methodology, and Faye’s average trip cost is $256.

WorldTrips Travel Insurance

Why We Picked WorldTrips

WorldTrips earned the designation of most affordable comprehensive coverage from our research team. We gathered quotes for each of the provider’s three plans and found that the highest tier, Elevate, was 17% cheaper than the average cost of a policy calculated using our sample traveler profiles. This plan includes perks such as $250,000 in emergency medical coverage, $1 million in medical evacuation protection, $50,000 in accidental death and dismemberment (AD&D) coverage, and more.

Additional coverage add-ons offered by WorldTrips include CFAR, interruption for any reason (IFAR), adventure sports, rental car damage and pet care, further rounding out the provider’s comprehensive trip and medical benefits.

WorldTrips currently holds a 4.3 out of 5-star rating from over 400 verified customers on Squaremouth .

How WorldTrips Scored in Our Methodology:

WorldTrips offers the Escape, Explore and Elevate plans through its Atlas Journey line, which are single-trip, comprehensive insurance policies. The provider also has specialized plans for group travel, travelers looking for an annual policy, digital nomads and more.

WorldTrips provides the following options as add-ons with most plans:

• CFAR coverage
• Adventure sports coverage
• IFAR coverage
• Rental car damage and theft

After gathering quotes from WorldTrips using our sample trips and traveler profiles, we found the average cost of a policy is $157.

Generali Global Assistance

Why We Picked Generali Global Assistance

We named Generali Global Assistance as the best provider for trip interruption coverage. It provides up to 175% reimbursement for trip interruptions through its Premium plan, whereas most insurers only offer up to 150% in their highest plan tiers. While Generali isn’t the cheapest provider out of our top provider picks, it still comes in at less than the average cost of travel insurance by a few dollars.

Generali Global Assistance also offers 24/7 concierge-level services from multilingual representatives, which may prove helpful if you travel to an area where you cannot speak the primary language. In addition, you’ll find rental car and sports equipment coverage as standard through the provider’s higher-tier plans — coverage that most providers only offer as add-ons.

Generali Global Assistance has a 4.3 out of 5-star rating from over 4,500 reviews on Squaremouth .

How Generali Global Assistance Scored in Our Methodology:

Generali offers three plan tiers: Standard, Preferred and Premium. The Standard Plan includes a variety of benefits, including 125% trip interruption coverage, $150 per day toward delay-related expenses, $250,000 in medical evacuation coverage, $50,000 worth of medical coverage and more. Preferred and Premium plans extend benefits included with the Standard Plan and add some extras — like sports equipment coverage and rental car collision insurance.

Generali offers the following add-on options:

• Rental car damage
• CFAR coverage (up to 60% reimbursement)

Based on cost data calculated using sample trips and various traveler profiles, we found the average cost of a travel insurance policy from Generali Global Assistance is $201.

Seven Corners Travel Insurance

Why We Picked Seven Corners

Seven Corners earned the superlative of best for visitors to the U.S., including for visitors to the country and parents . The Travel Medical Basic plan can cover groups of up to 10 non-U.S. residents and non-U.S. citizens, making it ideal for families and solo travelers alike. With coverage extendable up to a year and a medical maximum of $1 million for travelers up to 69, this plan is ideal for those hosting parents from abroad.

Note that maximum medical coverage levels drop to $100,000 for travelers aged 70 to 79 and $10,000 for those 80 years or older. In addition, coverage for pre-existing conditions isn’t available for travelers 80 years and older. Despite this, many providers won’t cover senior travelers beyond a certain age, so we appreciate that Seven Corners has no age limit.

Seven Corners currently holds a 4.4 out of 5-star rating from almost 4,000 customer reviews through Squaremouth .

How Seven Corners Scored in Our Methodology:

Seven Corners doesn’t just offer travel medical plans for travelers visiting the U.S. — it also offers an annual plan that provides a wide range of coverages, including:

• $5,000 in trip interruption protection
• $1 million in medical and healthcare coverage
• $25,000 worth of AD&D coverage
• $100 per day in trip delay benefits (with a maximum of two days)
• $50 worth of coverage for each lost bag, up to $500

It also includes extra benefits for items such as lost travel documents and baggage delays but does not cover trips within the U.S. Policies include a range of deductibles between $0 and $500. However, selecting a lower deductible will come with a higher premium.

Seven Corners also offers coverage for single trips in the U.S. and abroad, known as its RoundTrip Basic and RoundTrip Choice plans.

You can purchase the following add-ons to enhance travel insurance coverage with Seven Corners:

• Event ticket registration fee protection
• Sports and golf equipment rental
• IFAR coverage (up to 75% of trip costs)

Based on quotes gathered using several sample traveler profiles, the average cost of a travel insurance policy from Seven Corners is $206 — on par with the overall average cost calculated by our team.

Aegis Travel Insurance

Why We Picked AEGIS

We named AEGIS as best for immediate reimbursement thanks to its short claims processing time. You can open a claim easily by phone, email, live chat or web form, and you can check the status online without contacting a customer service representative. AEGIS states that most claims take about a week or so to process fully.

AEGIS offers seven different policies to suit a variety of traveler needs. These include a policy solely offering trip cancellation and interruption benefits, a plan for travelers taking a cruise, and two annual, multi-trip policies. We also found that plans through AEGIS cost around 32% less than the average travel insurance cost calculated by our team.

AEGIS has a 4.1 out of 5-star overall review rating from over 1,000 customer reviews on Squaremouth .

How AEGIS Scored in Our Methodology:

We appreciate how AEGIS offers a variety of plans to suit different traveler needs. Its Pandemic Travel Insurance Plus Plan provides primary medical coverage, comprehensive trip benefits and CFAR coverage as a standard protection — not an add-on. You’ll also find coverage that exclusively provides trip cancellation and interruption benefits.

In addition, AEGIS offers a plan tailored to travelers taking a cruise, with missed connection benefits and itinerary change coverage. If you’re looking for annual multi-trip coverage, AEGIS provides two plans that cover multiple trips over the course of a year.

Single-trip policies sold by AEGIS include the Go Ready Choice Plan and VIP Travel Plan.

Add-on coverages provided through an AEGIS policy include:

• Increased maximum limit for medical coverages
• Increased limit for evacuation and repatriation
• Additional AD&D coverage
• Pre-existing condition waiver
• Higher baggage compensation limits

After averaging the cost of a travel insurance policy through AEGIS using our sample traveler profiles, we found the average cost of a policy with the company is $155.

Travel Insured International

Why We Picked Travel Insured International

Based on our comprehensive review, we named Travel Insured International as the best provider for evacuation coverage. While most travel insurance companies offer coverage for emergency medical evacuations and repatriation, this provider takes its protection one step further by providing up to $150,000 for political, security and natural disaster evacuations. However, note that Travel Insured International only includes this coverage through its highest plan tier.

Travel Insured International provides two single-trip policies and one annual, multi-trip plan for travelers to choose from. We appreciate how the insurer’s multi-trip policies start at a flat rate of $94 for adults and $64 for children for a year’s worth of coverage, which may benefit frequent world travelers who’d like to bring their family along on trips.

Travel Insured International earned a 4.4 out of 5-star rating from almost 3,500 reviews on Squaremouth .

How Travel Insured International Scored in Our Methodology:

Travel Insured International offers two comprehensive single-trip insurance plans — Worldwide Trip Protector and Worldwide Trip Protector Edge. The provider also offers one annual, multi-trip policy.

Add-on protections offered by Travel Insured International include the following:

• Travel inconvenience benefits
• Optional electronic equipment protection
• Flight AD&D
• Pet kennel coverage

Based on quotes gathered using several different trip and traveler profiles, the average cost of a policy from Travel Insured International is $199.

Compare The Best Travel Insurance For International Trips

Comparing the costs of coverage offered by different providers can help you find the most affordable option for your travel insurance needs. See the table below for a direct cost comparison between the companies we’ve chosen as our top picks, as well as BBB ratings and notable coverage limits.

“When comparing plans across the same or various insurers, pay close attention to the benefits limits offered and make sure they offer the right amount of coverage you are looking for regarding certain unexpected events. For instance, if you invest $10,000 into a tour package, you may want to consider a trip cancellation limit that meets the value of the non-refundable trip cost.”

What Is the Best Travel Insurance?

The best travel insurance for you depends on factors such as your destination, travel needs and coverages that you deem most important in a policy. Read on to learn more about our top travel insurance picks for CFAR coverage, cruise protection, senior travelers and more.

Best “Cancel for Any Reason” Travel Insurance

We chose Faye as the best CFAR coverage provider, with Seven Corners and Travelex also making our list of top picks. While all three offer reimbursement of up to 75% of your total trip costs if you need to cancel for virtually any reason, Faye’s add-on only cost us an additional 31% of our premium when we got a quote for a $4,000 weeklong trip to France. Most providers offer this coverage at an extra 50% of your policy cost.

Based on our research, CFAR coverage is a time-sensitive benefit. This means purchasing a travel policy as soon as possible after booking your trip is essential if you want to buy this coverage. If you wait to buy, you risk losing the opportunity.

Best Cruise Insurance

Nationwide, Allianz Global Assistance and AIG Travel Guard topped our list of the best cruise insurance providers. Nationwide offers three plans tailored explicitly to cruisers, with benefits such as shipboard service disruption, prepaid excursion reimbursement and more. Allianz provides free coverage for children under 17, which could benefit families cruising together. AIG Travel Guard also made our list with non-flight AD&D coverage that protects policyholders if they lose their life or a limb on a cruise.

Best Travel Insurance For Seniors

We chose Faye, Travelex and Nationwide as the best senior travel insurance companies. Faye offers seniors primary medical coverage and a pre-existing conditions waiver, while Travelex allows seniors to upgrade to a Travel Select plan with additional medical and evacuation coverage. Nationwide also offers a pre-existing condition waiver for up to 21 days after your initial trip deposit.

If you’re between 60 and 80 years old and are looking for travel coverage, expect to pay more than younger customers. Based on quotes we gathered from dozens of travel insurers, the cost of a policy for senior travelers increases anywhere from 80% to 303% from the price of a policy for a 20-year-old.

Best Travel Medical Insurance

We chose Faye, International Medical Group (IMG) and GeoBlue as our top picks for the best travel medical insurance providers. Faye offers high medical coverage limits coupled with robust trip benefits, while IMG provides a wide variety of medical plans to suit many types of travelers. GeoBlue offers budget-friendly medical-only policies for those looking to forgo trip coverage.

How To Choose the Best Travel Insurance

Knowing what to look for when comparing travel insurance providers can help you pick the best plan for your needs. We encourage you to compare brand pricing and policies between multiple providers to help narrow down your available coverage options.

Asking yourself a few key questions can help further simplify your search for travel insurance. 

• Is this an important or pricey trip?: The value and price of a trip play a major role in travel insurance pricing. If you’re insuring a higher-value vacation, you may want to look for policies with higher overall coverage limits and travel interruption reimbursements. If you’re taking a budget vacation, you might see more value in an insurer that specializes in low-cost, affordable policies.
• Where are you going?: It is also good practice to consider a location’s available amenities and your itinerary when shopping for coverage. For example, if you’re traveling to a remote area with a less robust medical system than a city with many options, you could face a higher chance of needing emergency medical evacuation if you end up seriously injured. In this case, we recommend a policy with higher coverage limits on medical evacuation services.
• How are you getting to your destination?: If you’re taking a cruise, consider getting a quote from a travel insurance provider that offers cruise-specific coverage, such as Nationwide. While most travel insurance providers design policies to cover the basic risks associated with flying — such as lost luggage, missed connections, etc. — it is worth comparing options that include coverage specific to your trip. For example, those traveling for work may prefer Allianz Global for its business-centered plans.
• Do you have any health concerns?: When planning to travel, consider whether you could need medical services based on your health history and travel itinerary. In addition, companies often include COVID-19 treatment under standard emergency medical coverage, but it is best to read through coverage terms and conditions to confirm. Angela Borden, a product marketing specialist at Seven Corners , says: “Contact your insurance provider to be sure you fully understand the pre-existing conditions coverage for the plan you choose.”

“I recommend that every traveler gets a strong medical evacuation policy. When the worst-case scenario happens, you can get to a hospital of your choice at home. I really push this coverage for folks traveling in Mexico because it’s a short trip to a home hospital.”

What Does Travel Insurance Cover?

The specifics of what is covered under your travel insurance policy will vary depending on the provider you select. The following are some of the most common types of coverage you are likely to find as you get quotes from the best travel insurance providers.

Is Travel Insurance Required?

In most cases, travel insurance is not required. However, some countries require visitors to have travel insurance due to visa requirements or diplomatic unrest. These countries typically only require proof that your policy covers emergency medical expenses. You can extend your coverage to also protect you against baggage loss, trip delays and cancellations.

Even if your destination does not mandate travel insurance, the U.S. Department of State recommends that U.S. citizens traveling overseas purchase a policy that covers unexpected medical bills while abroad.

Who Needs Travel Insurance?

While most people can benefit from some level of travel insurance coverage, consider a policy if you are planning any of the following:

International trips: Traveling internationally can expose you to unfamiliar healthcare systems, unpredictable events, and potential trip interruptions. Travel insurance offers financial protection for medical emergencies, trip cancellations, and unexpected expenses that may arise in foreign destinations.

Regular vacations: If you frequently travel for business or leisure, an annual travel insurance policy can be a cost-effective solution. This policy provides continuous coverage for multiple trips, saving you time purchasing separate policies.

Senior travelers: If you are a senior traveler with Medicare, your health insurance excludes most medical care outside of the country. Travel insurance with medical expenses and evacuation coverage can financially protect you if you need care while away from home.

Adventure sports: Adventure enthusiasts planning to engage in activities like hiking, skiing or scuba diving may find travel insurance with adventure sports coverage beneficial. These policies can cover potential injuries and equipment losses, which you may be more likely to run into due to your itinerary. However, not all standard travel medical insurance covers injuries related to adventure sports.

If you are considering travel insurance, we suggest getting a few sample quotes to compare coverage. Getting a quote is free, takes only a few minutes and can provide more personalized insights into the cost of your upcoming travel plan.that U.S. citizens traveling overseas purchase a policy that covers unexpected medical bills while abroad.

When To Buy Travel Insurance

You can typically purchase a travel insurance policy up until the date of your departure, with some providers offering specialty plans that can cover you after you leave the country. However, there are benefits to buying a travel insurance policy soon after you make your first trip deposit.

You can only purchase certain add-on coverages and riders, such as CFAR coverage and pre-existing condition waivers, within a specific time frame from your first trip payment. For example, many insurers only allow you to qualify for a pre-existing conditions waiver if you purchase your policy two weeks or less from your first trip purchase. If you’re looking for specialty coverage like this, buying your policy as soon as possible is best practice.

“There are benefits to travelers who purchase far in advance of their trip, as they can take advantage of pre-trip benefits like trip cancellation. You never know what kind of unexpected events may arise and derail your trip plans before you even take off. Specific events coverage varies based on the insurance policy booked, but generally trip cancellation can cover events such as natural disasters and severe weather-related events, illness or injury that prevent you from traveling, and unannounced airline strikes.”

When To Skip Travel Insurance

Travel insurance may only be worth it in some scenarios. For instance, if you booked your trip using a credit card that also offers travel insurance protection, you may not need coverage through an additional provider . We encourage you to check the details of your credit card coverage, if applicable, to ensure it aligns with your needs. If so, you can likely skip buying a separate travel insurance policy.

In addition, if you’ve booked your trip with flexible airline tickets or with a hotel that offers a flexible change or cancellation policy, you may not need a travel insurance policy. Also, travelers booking excursions or activities with refundable policies will likely not benefit from a travel insurance plan. 

Finally, note that if you’re a U.S. citizen traveling within the country and have insurance through a domestic provider, you likely will need travel insurance with medical coverage. However, your coverage may not extend abroad, notably if you have a government-issued plan. But if you have private insurance that covers emergency medical expenses abroad, you may not need to purchase a travel insurance plan.

Generally, we encourage you to consider your trip, the overall cost and the flexibility surrounding your reservations when deciding whether or not to skip purchasing a travel insurance policy.

“You don’t need to insure trip expenses if they’re already covered by someone else or if you are comfortable losing the money you paid for your trip if you must cancel or interrupt it.”

How Much Does Travel Insurance Cost?

In our comprehensive review of the travel insurance market, our team found the average cost of travel insurance was about 3% to 5% of a trip’s total value. Based on the quotes our team gathered from multiple providers, the average cost across eight different traveler profiles came out to $206, with the average traveler paying between $95 and $316 for most trips.

To further understand the average travel insurance cost in relation to total trip value, we gathered multiple quotes from various providers for a 30-year-old traveler taking a week-long trip to France. See the table below for the average travel insurance cost based on the total cost of trips ranging from $1,000 to $10,000.

Remember that your travel insurance costs will vary based on various factors. We encourage you to get a quote from at least three travel insurance providers before purchasing coverage to ensure you get the best price for your coverage needs.

The following chart outlines the average insurance cost for our top 10 companies from least to most expensive:

How We Found Our Cost Data

We calculated the average cost of travel insurance by gathering quotes from two dozen travel insurers using several unique trips and sample traveler profiles. This helped us to gain an understanding of costs for different people and scenarios. Weeklong trip details and sample profiles include:

After using each profile to gather quotes for different plans, we calculated the average cost of each provider and the individual policies offered. Note that your plan of choice may cost you more or less than our averages depending on factors unique to your travel needs. The best way to know how much a travel insurance policy will cost is to request quotes from multiple providers for your trip.

What Impacts the Cost of Trip Insurance?

Several factors can determine how much your travel insurance will cost, including age, total trip cost, plan type, add-ons, number of travelers, destination, company and trip length.

Where To Buy Travel Insurance: Best Travel Insurance Comparison Sites

Most travel insurers make buying a policy directly from their website simple, with many catering to a seamless online purchasing experience. For example, Faye lets you quickly buy a policy by answering a few simple questions about your trip and adjusting your coverage limit — checking out with a tailor-made plan in just a few minutes. You can also purchase a plan from aggregate sites that allow you to compare coverage from multiple providers simultaneously.

Travel insurance comparison sites are like a marketplace for travel insurance. You can compare multiple plans from competing providers all at once, making it easy for you to see the difference between coverage, cost, plan details and more. If you’d like to compare policies in this way, we recommend checking out travelinsurance.com and squaremouth.com .

TravelInsurance.com

Travelinsurance.com provides access to 14 travel insurance providers, allowing you to compare and contrast well-known brands such as Trawick International , World Nomads , Travelex, Generali Global Assistance and more. The aggregate site also promises to remove policies if its ratings drop below 4 out of 5 stars.

• Compare companies at once : No limit, but can only see five at a time
• Customer reviews : Over 100,000 5-star reviews
• Filter options : Price, insurance provider, customer ratings, number of reviews and more

Squaremouth

Squaremouth offers policies from 32 different travel insurance companies, including Tin Leg , GeoBlue , Berkshire Hathaway and more. The aggregator ensures that if you need to file a travel insurance claim, any provider you’ve purchased a plan from through Squaremouth will handle it fairly.

• Compare companies at once : No limit, but only can see five at a time
• Customer reviews : Over 150,000+ customer reviews
• Filter options : Emergency medical coverage, trip interruption, cruise, Schengen visa and more

Travel Trends for 2024

As the world continues to recover from the impacts of the COVID-19 pandemic, the hospitality industry is slowly seeing a return to pre-pandemic levels. According to research from the U.S. Travel Association , domestic leisure travel is expected to fully return to pre-pandemic levels throughout 2024. Some of the factors contributing to travelers’ return to airports across the globe include:

• Easing international visa and travel restrictions
• Vaccine distribution and effectiveness
• Increased demand for travel following COVID-19 lockdowns

As the demand for travel increases, so has the sale of travel insurance. The travel insurance market size is estimated to grow at a compound annual growth rate of 5% between 2022 and 2028 . Highly publicized stories of flight delays and cancellations occurring across the country are also contributing to public demand for travel insurance.

Top Purchased Travel Insurance Plans in 2024 So Far

We gathered data from travelinsurance.com from March 2024 to August 2024 to discover what plans were the most popular with travelers.  

Top Travel Destinations of 2024

To learn more about the top travel destinations of 2024 and the average price travelers paid for coverage, our team conducted a Pollfish survey in February 2024 consisting of 1,000 U.S.-based respondents.

Of those respondents, 46% said the last time they purchased travel insurance was for a domestic trip within the U.S. The remainder of our survey participants purchased a travel policy for an international vacation, with the following countries ranking among the most popular destinations:

Is Travel Insurance Worth It?

While travel insurance is not required to enter countries in most parts of the world, it can be worth the cost to purchase some level of coverage. In our review, we found the average cost of travel insurance is less than 7% of what you can expect to pay for your vacation — but may provide hundreds of thousands of dollars in reimbursements if you experience an unexpected cancellation or delay. The medical expense coverage included with travel insurance is also an invaluable protection, as many health insurance policies exclude care provided outside of the U.S.

Survey Majority Say Travel Insurance Is Worth It

Over half of our survey respondents paid between $50 to $200 for their most recent travel insurance policy, with $200 to $300 being the second most commonly selected price range. In addition, 40% of respondents said they purchased travel insurance mainly to protect the cost of their trip. Trip cancellation coverage and medical were the next most popular reasons for buying a policy.

If you plan to travel in 2024, our team recommends purchasing a comprehensive travel insurance policy. Over 60% of survey participants agree with our sentiments, endorsing a policy that includes coverage for medical emergencies, trip cancellations, baggage and more.

“Like any insurance policy, it's a lost cost until you really need it. Travel insurance offers narrow or broad range coverages that can really help when things don't go as planned. From Medical Evacuations to trip cancellation, it's worth investing in a policy."

Ask The Experts

What is most important to consider when evaluating travel insurance options?

"It's essential the plans are well-defined including specific activities and regions a traveler will visit. For instance, a vacation spent relaxing at a nearby resort requires different insurance coverage compared to a trip involving various activities across multiple countries. Insurance premiums are inherently linked to the level of risk involved, so it's wise for budget travelers to tailor their insurance based on their detailed travel plans. Moreover, the inherent risks of the destination must be considered. Higher-risk areas naturally have a greater likelihood of issues arising, and appropriate insurance should be in place to manage these risks. When assessing the risk factors of a destination, it's crucial to go beyond common knowledge and actively seek out information to accurately gauge the safety level of the destination."

"It’s important to understand what is not covered by a travel insurance policy. Most policies will not cover man-made disasters if your trip is canceled or interrupted. Other exclusions may include acts of war, participating in dangerous activities such as extreme sports, self-harm and foreseeable events. Read the policy carefully. One alternative to standard travel insurance is cancel-for-any-reason coverage.  However, the cancellation typically must occur within a preset number of days before the trip is to begin and is more expensive."

Frequently Asked Questions About Travel Insurance

Does travel insurance get more expensive closer to the trip.

Unlike most other types of insurance, you won’t be penalized for buying your travel insurance closer to the dates you might use it. However, many travel insurance companies require that you purchase coverage within a limited time after booking your trip. Luckily, travel insurance prices do not increase as you get closer to your departure date. That being said, some options (like CFAR coverage) may only be available for a limited time before you travel.

When does travel insurance expire?

Your travel insurance policy will expire on the date you indicate when you purchase the plan. For most travelers, this will be the final day of your vacation. Frequent travelers might also have the option to buy annual travel insurance that protects them for a year.

What does international travel insurance cover?

International travel insurance provides you with a reimbursement for nonrefundable travel expenses if you’re forced to cancel your trip or leave your destination early. In addition, it may reimburse you for travel expenses like airfare and hotel costs if you cannot claim a refund from your vendors directly.

Does insurance still cover trips if you cancel right before your departure date?

That depends. Most travel insurance companies require canceling anywhere from 24 hours to a week or more before departure in order to be eligible for reimbursement.

Travel insurance premiums often increase as your departure date approaches, since the likelihood of last-minute interruptions or cancellations increases closer to your flight. It’s generally advisable to purchase travel insurance in advance to get access to the most favorable rates.

What is the most common type of travel insurance?

The most common type of travel insurance is trip cancellation and interruption coverage, which reimburses you if you’re forced to cancel your trip or go home early. These coverages are included on almost every travel insurance policy, except medical-only plans.

Methodology: Our System for Rating Travel Insurance Companies

Our team created a scoring system to assess travel insurance providers based on cost, coverage, quality and service. We also collect sample quotes from each company, both over the phone and on the internet, to simulate an authentic customer experience. 

Here are the factors we take into consideration when reviewing providers, which we use as a scoring basis to then determine a five-star rating:

• A 30-year-old couple taking a $5,000 vacation to Mexico.
• A family of four taking an $8,000 vacation to Mexico.
• A 65-year-old couple taking a $7,000 vacation to the United Kingdom.
• A 30-year-old couple taking a $7,000 trip to the United Kingdom.
• A 19-year-old taking a $2,000 trip to France.
• A 27-year-old taking a $1,800 trip to Greece.
• A 51-year-old taking a $2,000 trip to Spain.
• A 23-year-old taking a $4,000 trip to Europe (Italy, Spain, Ireland and Greece).
• Coverage Details (15%) : We review the baseline coverage each company offers in its cheapest comprehensive plan. A provider with robust travel protection earns full points, including coverage for baggage delay and loss, COVID-19, emergency evacuation and medical expenses, trip delays and cancellations, and more. Companies also receive points for featuring various add-ons such as accidental death and dismemberment, extreme sports, valuable items and more.
• Claim Eligibility and Time Constraints (12%) : Travel insurance providers enforce time constraints that outline when you can file a claim after a covered event. We give companies more points in this category for having shorter time limits for baggage and weather delays. 
• Cancellation and Interruption Coverage (12%) : Our team reads through each company’s coverage details and assigns points based on the coverage amount assigned to trip cancellations and interruptions. To earn full points in this category, a company must offer 100% or more coverage.
• Customer Service and Reviews (12%) : We look for indicators that a company is well-prepared to respond to customer needs. Companies with an established global resource network, 24/7 emergency hotline, mobile app, multiple ways to file a claim and concierge services score higher in this category. We assess reputation by evaluating consumer reviews and third-party financial strength and customer experience ratings, specifically from AM Best and the Better Business Bureau (BBB).
• Cancel for Any Reason (CFAR) Coverage (10%) : Companies earn points in this category for offering CFAR coverage, which allows you to cancel a trip for reasons outside your policy. In addition to offering coverage, companies received higher scores for meeting or exceeding the standard offering of 75% reimbursement. 
• Delay Coverage Amount (10%) : We also consider what a company offers for travel delays and baggage delays or loss, all of which can upend a trip. A company can earn 10% total between its travel and baggage delay coverage amounts.
• Credit Rating (5%) : Since credit ratings can help customers assess a company’s ability to meet financial obligations, our team considers AM Best ratings when scoring providers.
• Coverage Extras (4%) : In addition to standard coverage, we also research how many add-ons a company offers, which can help customers customize their plan. Companies can earn full points in this category for offering eight common travel insurance add-ons.

For more information about how we rate and review providers, read our full travel insurance methodology.

AM Best Disclaimer

More Travel Insurance Guides

• Best COVID-19 travel insurance companies
• Best cruise insurance plans
• Cheapest travel insurance
• Best group travel insurance companies
• Health insurance for visitors to USA
• Best senior travel insurance
• Best travel insurance for families
• Best student travel insurance plans
• Travel insurance for parents visiting USA
• Travel medical insurance plans
• How much does travel insurance cost?

If you have feedback or questions about this article, please email the MarketWatch Guides team at editors@marketwatchguides. com .

MarketWatch Guides may receive compensation from companies that appear on this page.
The compensation may impact how, where and in what order products appear, but it does not influence the recommendations the editorial team provides. Not all companies, products, or offers were reviewed.

U.S. News takes an unbiased approach to our recommendations. When you use our links to buy products, we may earn a commission but that in no way affects our editorial independence.

The 5 Best Annual Travel Insurance Plans of 2024

Allianz Travel Insurance »

AIG Travel Guard »

Seven Corners »

GeoBlue »

Trawick International »

Why Trust Us

U.S. News evaluates ratings, data and scores of more than 50 travel insurance companies from comparison websites like TravelInsurance.com, Squaremouth and InsureMyTrip, plus renowned credit rating agency AM Best, in addition to reviews and recommendations from top travel industry sources and consumers to determine the Best Annual Travel Insurance Plans.

Table of Contents

• Allianz Travel Insurance
• AIG Travel Guard

Buying travel insurance can be a smart move for most trips, but those who travel more than a few times a year should consider an annual travel insurance policy. Whether you regularly travel for business and/or take several vacations a year, annual travel insurance plans can help you get the coverage you need without having to price out and purchase protection every time you leave home.

If you find yourself in a situation where an annual plan makes sense, know that not all travel insurance companies offer this kind of coverage. You'll also want to consider the available annual travel insurance plans to see which options make sense for your travel style and the level of coverage you want.

Frequently Asked Questions

Annual travel insurance plans all work in their own way, but the majority let travelers pay one annual premium for coverage that lasts for up to 364 days. These plans often limit the length of individual trips that are covered within the coverage year. Per-trip and annual limits on coverage can also apply.

In some cases, annual travel insurance plans require a deductible or coinsurance for certain types of coverage. If you're considering an annual travel insurance plan because you take multiple trips each year, make sure you read over the policy details and understand all coverage limits and trip limits that apply.

The cost of annual travel insurance typically varies based on factors like the age of the travelers applying, included benefits and coverage limits. You will want to shop around to compare plans across multiple providers using a platform like TravelInsurance.com or Squaremouth before you settle on a travel insurance policy.

To provide an example of the cost of annual travel insurance, U.S. News applied for a quote for two 40-year-old travelers seeking coverage for eight trips over a 12-month period. The Squaremouth travel insurance portal quoted policies with costs that range from $206 for the GeoBlue Trekker Essential plan to $610 for the Safe Travels Annual Deluxe plan by Trawick International.

Annual travel insurance can be worth it if you take multiple trips each year and want to make sure you always have coverage in place. After all, the alternative to having a multitrip policy is buying a new travel insurance plan for every vacation you take. That's not always feasible for frequent travelers who are always jetting off somewhere new – often at the last minute.

Just keep in mind that annual travel insurance plans tend to come with lower coverage limits than plans for single trips, and that you'll pay a premium for coverage that comes with comprehensive benefits and high limits for medical expenses and emergency evacuation.

• Allianz Travel Insurance: Best Overall
• AIG Travel Guard: Best for Basic Coverage
• Seven Corners: Best for Medical
• GeoBlue: Best for Expats
• Trawick International: Best for the Cost

Tailor your annual travel insurance plan to your needs

Most plans include coverage for trip cancellation and interruption, travel delays, medical expenses, and more

Lowest-tier plans (AllTrips Basic and AllTrips Prime) come with no or relatively low coverage limits for trip cancellation

Most annual plans (except for AllTrips Premier) do not cover trips longer than 45 days

• Trip cancellation coverage worth up to between $2,000 and $15,000
• Trip interruption coverage worth up to between $2,000 and $15,000
• Emergency medical coverage worth up to $50,000
• Up to $500,000 in emergency medical transportation coverage
• Up to $2,000 in coverage for lost or damaged baggage
• Up to $2,000 in coverage for baggage delays
• Travel delay coverage worth up to $1,500 ($300 daily limit)
• Rental car coverage worth up to $45,000
• Up to $50,000 in travel accident coverage
• 24-hour hotline assistance and concierge service

SEE FULL REVIEW »

Annual Travel Insurance Plan offers year-round travel insurance protection

Relatively high limits for medical expenses ($50,000) and emergency evacuation ($500,000)

No trip cancellation coverage and relatively low limit ($2,500) for trip interruption coverage

No coverage for preexisting medical conditions

• Up to $2,500 in coverage for trip interruption
• Up to $1,500 in coverage for trip delays of five-plus hours ($150 per day limit)
• Missed connection coverage worth up to $500
• Up to $2,500 in baggage insurance
• Baggage delay coverage worth up to $1,000 for delays of at least 12 hours.
• Up to $50,000 for emergency medical expenses ($500 for emergency dental sublimit)
• Up to $500,000 for emergency evacuation and repatriation of remains
• Up to $50,000 in accidental death and dismemberment (AD&D) insurance
• Up to $100,000 in protection for security evacuation

Provides coverage worth up to $250,000 for emergency medical expenses

Tailor other included benefit levels to your needs

Coverage only applies to trips up to 40 days

Deductible up to $100 applies for emergency medical coverage and baggage and personal effects

• Trip cancellation coverage worth up to between $2,500 and $10,000
• Trip interruption coverage worth up to 150% of the trip cancellation limit
• Up to $2,000 in trip delay coverage ($200 daily limit)
• Up to $1,000 in protection for missed connections
• Up to $250,000 in coverage for emergency medical expenses ($50,000 in New Hampshire)
• $750 dental sublimit within emergency medical coverage
• Up to $500,000 in coverage for emergency medical evacuation and repatriation of remains
• Up to $2,000 in coverage for baggage and personal effects
• Baggage delay coverage worth up to $1,000 ($100 daily limit)
• 24/7 travel assistance services

Get annual coverage for medical expenses and routine medical care

High limits for medical expenses and emergency medical evacuation

GeoBlue plans don't offer comprehensive travel protection

Deductibles and copays apply

• Ambulatory and therapeutic services
• Inpatient hospital services
• Emergency medical services
• Rehabilitation and therapy
• Preventive and primary care

Choose among three tiers of annual travel protection

Option for basic protection with affordable premiums

No coverage for preexisting conditions

Maximum trip duration of 30 days per trip

• Trip cancellation coverage up to $2,500 maximum per year
• Trip interruption coverage up to $2,500 maximum per year
• $200 per trip for trip delays (up to $100 per day for delays of 12 hours or longer)
• Up to $500 in coverage per trip for baggage and personal effects
• Baggage delay coverage up to $100 per trip
• Up to $10,000 for emergency medical expenses per trip
• Up to $50,000 in emergency medical evacuation coverage per trip
• Up to $10,000 in AD&D coverage
• 24-hour travel assistance services

Why Trust U.S. News Travel

Holly Johnson is a travel expert who has researched travel insurance options for her own vacations and family trips to more than 50 countries around the world. On a personal level, her family uses an annual travel insurance policy from Allianz. Johnson works alongside her husband, Greg – who has been licensed to sell travel insurance in 50 states – within their family media business and travel agency .

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