Generally speaking, if you have purchased your ticket with a travel credit card, you are automatically entitled to a few types of coverage (most of the time): emergency medical insurance, trip interruption, trip cancellation, baggage theft and delay, all up to the amount outlined in each section.
It is always good to carry a card which can cover you while you are travelling, especially if this is all part of being a cardholder. Although travel insurance is great on some credit cards, we don’t want to blindly sign-up for them just based on this factor. Now let’s look at some good travel insurance credit cards and what they have to offer in terms of travel benefits versus annual fees.
In previous posts we looked at Emergency Medical Insurance, Trip Interruption and Trip Cancellation. Another important section of Travel Insurance Credit Cards is the coverage for delayed or lost baggage. What this means is that after you arrive to your destination, you are waiting for your bag by the carousel and it doesn’t appear. As soon as bags seem to stop coming up the conveyor belt, chances are, you have a delayed or lost baggage.
Deciding on a good travel insurance package can sometimes be very time consuming (and expensive) depending on our travel needs, however, we often overlook the fact that we may already have a good travel insurance which comes attached with the credit cards in our wallet. In our previous post, I talked about credit cards with Trip Interruption and Trip Cancellation coverage. Today I will introduce credit cards which have Emergency Medical Insurance worth taking into consideration.
We will be writing a multiple part series on the best credit cards for travel insurance. Each post will cover a different category of insurance. First up, we have Trip Cancellation and Trip Interruption. This insurance financially protects you if an illness or unexpected event forces you to cancel your plans before you leave or delays the travel to your destination. This could be compensation for transportation, basic necessities, and accommodation. Below is a list of all the top credit cards: