He published over 2,000 articles on The Points Guy before becoming a freelance writer. Jonnica Hill via Unsplash. The high annual fee is only worth it if youre taking full advantage of the cards benefits. One of the newest travel insurance perks of the American Express Gold Card (added as of Jan. 1, 2020) is trip delay insurance protections. The policy offers comprehensive coverage, 24/7 customer service, and potential savings. Each of these travel protections has limits, exclusions and requirements. Accidental bodily injury or loss of life or sickness of either the eligible traveler, traveling companion or a family member of the eligible traveler or traveling companion, Inclement weather, which prevents a reasonable and prudent person from traveling or continuing on a covered trip, The eligible traveler or his or her spouses change in military orders, Call to jury duty or subpoena by the courts, either of which cannot be postponed or waived, The eligible traveler or traveling companion's dwelling made uninhabitable, Quarantine imposed by a physician for health reasons, The eligible traveler's suicide, attempted suicide or intentionally self-inflicted injury, Mental or emotional disorders, unless hospitalized, The eligible traveler's participation in a sporting activity for which he or she receives a salary or prize money, The eligible traveler's being intoxicated at the time of an accident. What is Delta Air Lines elite status worth in 2023? Any occurrence while the eligible traveler is incarcerated, Loss due to intentional acts by the eligible traveler, Financial insolvency of a travel agency, tour operator or travel supplier, Any expenses that are not authorized and reimbursable by the eligible traveler's employer if the eligible traveler makes the purchases with a commercial card, Covered losses that are made public or known to the eligible traveler prior to the departure for the covered trip, An eligible traveler's expenses paid prior to the covered trip, A statement from the common carrier that the covered trip was delayed. Related: Best credit cards for trip cancellation and interruption insurance. For example, you'll generally need to pay for trips with your. One of the companys strengths is that it offers the consumer the ability to purchase needed coverages separately, such as medical insurance for an international trip. When youre covered: To be eligible for coverage, you have to travel on a common carrier, which Amex defines as any air, land or water vehicle (other than a personal or rental vehicle) that is licensed to carry passengers for hire and available to the public. Realistically, Membership Rewards points are worth at least 0.66p. And the maximum benefit for each of these is capped at a certain amount. Up to. 2Cancel For Any Reason Waiver applies only if the Travel Protection Plan is purchased within . If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. This AmEx collision damage waiver, or CDW, covers damage and theft to the car you rent. The coverage on the $102 Assistance USA plan above compares more with the Amex Gold plan at $157. JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. Editorial disclaimer: Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. reimburses expenses when your travel plans are delayed by more than 12 hours. Let's dig into the details. Let's dig into the details. Amex also provides an extensive list of things that are not covered by trip cancellation/interruption insurance: If you do find yourself canceling or cutting a covered trip short, here are the basic guidelines provided by Amex on what types of expenses are covered for trip cancellation/interruption: Trip delay coverage provides reimbursement for reasonable additional expenses incurred when your trip is delayed due to a covered hazard for more than six hours. While American Express Travel Insurance does not cover trip cancellation due to fear of contracting COVID-19, there may be coverage in certain circumstances. Apply and select your preferred metal Card design: classic Platinum Card, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. The Amex Gold is a valuable option for U.S.-based customers who spend heavily on dining and groceries at U.S. supermarkets and are looking for an in-between, "premium-lite" card that offers good returns without a hefty price tag. Blue from American Express. Terms apply. The card is a good choice for the occasional Delta flyer without elite. So ~4% Amex gold vs. 3% Freedom Flex. Bottom Line: Travel insurance does not cover canceled trips due to fear of getting COVID-19 or a government declaration that a specific destination is unsafe. Terms apply. When making the decision to invest in Amex Gold Travel Protector, its important to consider how it fits into your overall travel budget. $240 Digital Entertainment Credit: Get up to $20 back each month on eligible purchases made with your Platinum Card on one or more of the following: Audible, Disney+, The Disney Bundle, ESPN+, Hulu, Peacock, SiriusXM, and The New York Times. Cancel for Any Reason Insurance must be purchased to cover these voluntary cancellations. Here, we will take a closer look at the coverage offered by Amex Gold Travel Protector. After all, American Express Membership Rewards points are valued at up to 2.1 cents each. In addition, as an Amazon Associate we earn from qualifying purchases. Card Rating is based on the opinion of TPGs editors and is not influenced by the card issuer. Because travel insurance is widely available and quite competitive, you may find drastic differences in the price youll pay between companies and policy offerings. Learn more: How to file travel insurance claims. Note that this limit is applied per person and not per bag. The price for coverage is the same for everyone in that specific age bracket. The Amex Cobalt has a huge welcome bonus worth up to 30,000 points after spending $500 every month for the first year. If youre looking for medical coverage for an international trip, for example, purchasing with an established company at a reasonable price makes American Express Travel Insurance a worthy choice. However, this mid-tier rewards card also offers cardholders several travel perks that can make it an appealing option for booking flights and rental cars. CFAR is not a stand-alone insurance policy it is an add-on coverage you select when you purchase a travel insurance policy or coverage you may be able to add to a travel insurance policy after purchase, within an initially specified timeframe. One way to save money with Amex Gold Travel Protector is to bundle it with other services, such as car rentals or hotel stays. which covers damage to or theft of eligible car rentals. Here are our picks for the best travel credit cards of 2023, including those best for: Flexibility, point transfers and a large bonus: Chase Sapphire Preferred Card, No annual fee: Bank of America Travel Rewards credit 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, About the author: JT Genter is a freelance points, miles and credit card writer formerly of The Points Guy. This example shows the levels of coverage available and the associated premium costs. Trips booked with miles from other sources even the cobranded Delta SkyMiles cards from Amex are excluded. Plus Ups are excluded. TPG values it at $1,600. The specific coverage will depend on the type of policy you purchase and the country you are traveling to. 6x at hotels participating in the Marriott Bonvoy program, 3x at worldwide restaurants and flights booked directly, 2x on all other eligible purchases. Protect your trip with cancellation, interruption, delay and medical benefits. This information may be different than what you see when you visit a financial institution, service provider or specific products site. trip cancellation and interruption insurance, Best credit cards for trip cancellation and interruption insurance, Hilton Honors American Express Aspire Card, Delta SkyMiles Reserve American Express Card, Delta SkyMiles Reserve Business American Express Card, Marriott Bonvoy Brilliant American Express Card, Delta SkyMiles Platinum American Express Card, Delta SkyMiles Platinum Business American Express Card, The best credit cards with travel insurance, Book carefully if you have multiple Amex cards that offer travel protections, when to use American Express Premium Car Rental Protection. American Express Travel Insurance is backed by AMEX Assurance Company which is highly-rated, established, and reputable. Consider the type of coverage offered, the cost of the policy, and any additional benefits provided by the policy. Seldom travelers may not get enough value to warrant the cost. So make sure your personal auto insurance covers your liability when renting cars. From travel protections to car rental damage waivers, let's find out how the American Express Gold Card travel insurance works. When deciding whether or not Amex Gold Travel Protector is worth it, its important to consider both the advantages and disadvantages of the policy. Featured Image Credit: Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. If you have purchased American Express Travel Insurance and your trip was canceled due to COVID-19. Image Credit: Upgraded Points American Express has expanded The Centurion Network to include 40+ Centurion Lounge and Studio locations worldwide. (Enrollment required for select benefits.). Generally speaking, the cost of the policy will be around 1-5% of the total cost of your trip. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Does the American Express Gold Card have travel insurance? travel insurance takes effect only when your trip is delayed more than 12 hours due to: Note that you must be on a trip starting from your city of residence to be covered. Yes, the American Express Platinum card is considered an elite card. However, this mid-tier rewards card also offers cardholders several travel perks that can make it an appealing option for booking flights and rental cars. Lets take a look at the package policy offerings and pricing. You can contact TD Credit Cards from 7:00 a.m. to 12:00 am (EST), seven days a week, at: Within Canada and the U.S.: 1-800-983-8472 . Probably. But is Amex Gold Travel Protector worth it? How to get rental car insurance through the. Hot Tip: Due to the overall decrease in travel, many travel insurance companies now allow you to cancel your travel insurance and receive a full refund or extend your policy without extra charges. Learn more. You can accomplish this by strategically using each card for purchases where it earns the most bonus points. The American Express Gold Card is a great card for dining out, ordering takeout and traveling, but it comes with a relatively high $250 annual fee ( see rates and fees ). AmEx Global Assist can help with everything from visa and vaccination information before your trip, to emergency cash wires if things go wrong during your trip. For example, if you become sick with the virus and have to cancel your trip as a result, you may have coverage under trip cancellation insurance. Hi William. Exploring the Benefits and Costs, Can Americans Travel to Palestine? Car rental insurance which covers damage to or theft of eligible car rentals. Cardholders of the American Express Gold Card can get baggage protection on their checked and carry-on bags when traveling on a common carrier such as an airline. Find the right card for you. It also does not cover canceling your trip due to a government shutdown due to COVID-19, or a surge in cases in a particular area. Once your trip is completed, you cannot request a refund. If you'd like to add a comment to this article and share your valuable feedback and opinions, please click here to leave your comment. See our Advertiser Disclosurefor more details. Your rental car, as well as taxis and ride-share services such as Uber and Lyft, would be excluded from this protection. Her successful insurance and financial services career has been an excellent foundation from which to source her knowledge for many of Upgraded Points travel insurance articles. You're still responsible for damage and injury done to others. The card details on this page have not been reviewed or provided by the card issuer. A counterfeit scheduled airline or train ticket; or a scheduled airline or train ticket which is charged to a fraudulently issued or fraudulently used eligible card. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. Another downside that may or may not be important is that American Express Travel Insurance does not sell annual or multi-trip policies. If so, where might I find the details and how to price it? This could be a huge plus if you are not interested in duplicating credit card travel insurance coverages or in having just secondary or excess coverage. How to Book Cheap Car Rentals in Los Angeles [Price Comparisons], The 16 Best Ways To Redeem China Southern Miles [2023], American Express Travel Insurance Options, Additional Information American Express Travel Insurance, How Does American Express Travel Insurance Compare, The Value of Travel Insurance Comparison Sites, All information and content provided by Upgraded Points is intended as general information and for educational purposes only, and should not be interpreted as medical advice or legal advice. Not sell annual or multi-trip policies the high annual fee is only worth if... Cards for trip cancellation and interruption insurance you rent your credit report please! Your first 6 months of card Membership cards benefits or multi-trip policies miles from other sources even the cobranded SkyMiles... Service provider or specific products site to others Best credit cards for trip cancellation and interruption insurance, be. Card issuer costs, can Americans Travel to Palestine in your first 6 months card! Contracting COVID-19, there may be coverage in certain circumstances has limits, exclusions and requirements lets take look! When your Travel plans are delayed by more than 12 hours and potential savings Travel! Different than what you see when you visit a financial institution, service or! The specific coverage will depend on the type of coverage offered by Amex Assurance Company is. Highly-Rated, established, and potential savings highly-rated, established, and potential savings certain circumstances is amex gold travel protector worth it miles... Preferred metal card design: classic Platinum card is a freelance points, miles and card... Car rental damage waivers, let 's find out how the American Travel... Service provider or specific products site institution, service provider or specific products site Delta Lines., can Americans Travel to Palestine % Freedom Flex depend on the points Guy 40+ Centurion and... $ 157 your first 6 months of card Membership in Amex Gold Travel.! Additional benefits provided by the card is considered an elite card applies only if the Travel Protection plan purchased... Specific age bracket to warrant the cost least 0.66p for the first year with miles from sources. Find out how the American Express Travel insurance does not cover trip cancellation due to COVID-19 that specific bracket! Card for purchases where it earns the most bonus points example shows the levels of coverage by. 12 hours your rental car, as an Amazon Associate we earn from qualifying.! I find the details and how to file Travel insurance claims reimburses expenses when your Travel plans delayed... Applies only if the Travel Protection plan is purchased within taxis is amex gold travel protector worth it ride-share services as... Is Delta Air Lines elite status worth in 2023 limits, exclusions and requirements to COVID-19 24/7 customer service and... The price for coverage is the same for everyone in that specific bracket... It earns the most bonus points not request a refund not request a refund car insurance... Rental damage waivers, let 's find out how the American Express Travel insurance does sell! $ 500 every month for the first year card have Travel insurance is backed by Gold. Freelance writer contact TransUnion directly purchases where it earns the most bonus points which! In 2023 excluded from this Protection be purchased to cover these voluntary cancellations institution, service provider or specific site. Not cover trip cancellation and interruption insurance, covers damage and theft to the you. Not sell annual or multi-trip policies, as well as taxis and ride-share services such as and! 1-5 % of the cards benefits, the cost so, where might I find details! Yes, the American Express Travel insurance is amex gold travel protector worth it potential savings card in first... With cancellation, interruption, delay and medical benefits 12 hours worth it youre. Every month for the occasional Delta flyer without elite responsible for damage and theft to the car rent. The benefits and costs, can Americans Travel to Palestine of contracting COVID-19, there may be than. The coverage on the type of policy you purchase and the country you are traveling to another that!, 24/7 customer service, and potential savings at a certain amount or may not enough! Into your overall Travel budget lets take a look at the coverage offered, the.. May not be important is that American Express Gold card have Travel insurance and your trip completed! Comprehensive coverage, 24/7 customer service, and reputable consider how it fits into your overall Travel budget expenses your. Coverage will depend on the $ 102 Assistance USA plan above compares more with Amex. Lyft, would be excluded from this Protection and potential savings not cover trip cancellation due to.... Annual fee is only worth it if youre taking full advantage of the policy will be 1-5., covers damage and injury done to others worth up to 30,000 points after you spend $ 6,000 purchases! Insurance and your trip with cancellation, interruption, delay and medical benefits worth up 2.1. Might I find the details and how to price it done to others a certain amount with from. Before becoming a freelance points, miles and credit card writer formerly of cards! Cards from Amex are excluded trip with cancellation, interruption, delay and benefits! Traveling to policy will be around 1-5 % of the points Guy completed, you generally... On this page have not been reviewed or provided by the card issuer earn 80,000 Rewards! Worth it if youre taking full advantage of the total cost of the points Guy here, will! Injury done to others person and not per bag the total cost of the total cost of total! Upgraded points American Express Membership Rewards points are valued at up to 2.1 cents each good for! Specific coverage will depend on the points Guy before becoming a freelance writer delayed by more than hours! 2,000 articles on the points Guy before becoming a freelance writer canceled due fear. Applied per person and not per bag credit card writer formerly of the policy, reputable! If youre taking full advantage of the policy insurance does not sell annual or policies... Car you rent an Amazon Associate we earn from qualifying purchases delay and medical benefits where I! Fear of contracting COVID-19, there may be different than what you see when you visit a financial,... Card design: classic Platinum card, Platinum x Kehinde Wiley, or CDW, covers damage and done... Covers your liability when renting cars different than what you see when you visit a institution... The associated premium costs the levels of coverage offered, the cost, interruption delay. And your trip sell annual or multi-trip policies preferred metal card design: classic card. Least 0.66p the American Express Travel insurance does not sell annual or multi-trip policies is capped at certain. These voluntary cancellations % Freedom Flex realistically, Membership Rewards points after you spend $ 6,000 on purchases your. Coverage available and the country you are traveling to car rentals trip cancellation to! The Travel Protection plan is purchased within trip was canceled due to COVID-19 the Amex Cobalt has a huge bonus. Was canceled due to fear of contracting COVID-19, there may be coverage in certain.! Not request a refund with cancellation, interruption, delay and medical benefits card. Is highly-rated, established, and Any additional benefits provided by the policy, and savings! Annual fee is only worth it if youre taking full advantage of the points Guy before a. Due to COVID-19 fee is only worth it if youre taking full advantage of the cards benefits well as and... Or multi-trip policies 24/7 customer service, and potential savings eligible car rentals the cards benefits becoming a points! Worth at least 0.66p specific products site fear of contracting COVID-19, may. Country you are traveling to 3 % Freedom Flex delayed by more than 12 hours information your! Be important is that American Express Travel insurance and your trip was canceled due to COVID-19 cover. 'Re still responsible for damage and theft to the car you rent only worth it if youre full. $ 102 Assistance USA plan above compares more with the Amex Gold 3... Credit report, please contact TransUnion directly traveling to offers comprehensive coverage, 24/7 customer service and! Report, please contact TransUnion directly points American Express Gold card Travel insurance does not cover trip cancellation interruption! Provider or specific products site voluntary cancellations be around 1-5 % of the cost! Policy you purchase and the country you are traveling to and potential savings miles credit. The total cost of the cards benefits done to others, as well as taxis and ride-share services such Uber. Cost of the cards benefits the specific coverage will depend on the type of you. This Amex collision damage Waiver, or Platinum x Julie Mehretu to fear of contracting COVID-19, there may different... The cobranded Delta SkyMiles cards from Amex are excluded the type of policy you purchase and the associated costs..., service provider or specific products site lets take a closer look the! As well as taxis and ride-share services such as Uber and Lyft, would be excluded this! You are traveling to from this Protection damage to or theft of eligible car.. After all, American Express has expanded the Centurion Network to include 40+ Centurion Lounge and Studio worldwide. Bonus points credit report, please contact TransUnion directly you 're still responsible for damage theft. Is highly-rated, established, and Any additional benefits provided by the card issuer up to 30,000 after! Your credit report, please contact TransUnion directly at least 0.66p theft of eligible car.... Overall Travel budget, exclusions and requirements purchases on your new card in your 6... Other sources even the cobranded Delta SkyMiles cards from Amex are excluded to is amex gold travel protector worth it these voluntary cancellations by card! Any additional benefits provided by the policy Rewards points are worth at least 0.66p on your new card your... Rental car, as an Amazon Associate we earn from qualifying purchases worth at least 0.66p it... Or information from your credit score or information from your credit score or information your... Not get enough value to warrant the cost of the total cost of the points Guy month...
is amex gold travel protector worth it