Is Travel Insurance From Amex Platinum Good?

The Amex Platinum card travel insurance offers value in its coverages, including trip cancellation and interruption, trip delay, baggage insurance, and rental car coverage. While it does not replace a comprehensive travel insurance policy, the coverages provided are complimentary on the card. The Platinum Card by American Express includes protections for trip delay and cancellation, and secondary rental car coverage.

The Amex Platinum card comes with a $799 annual fee but offers a worthwhile bevy of travel perks, including a $200 annual travel credit and a $100 credit towards a NEXUS account. The terms in the Amex insurance are similar to many premium travel insurance policies.

The Amex Platinum covers trips up to 90 days, which is a niche area. It also provides benefits in the event of missed departures, missed connections, delay, cancellation, or overbooked flights.

As a Platinum Cardholder, you and your immediate family are covered by Amex Platinum Travel Insurance from the moment you book with your Card. For a simple trip of less than 15 days, this card likely offers sufficient protection. However, if you plan on traveling for longer or have high-risk activities, the Amex Platinum may not be the right choice for your travel needs.

Is American Express Platinum a luxury card?

The Platinum Card® from American Express is a luxury travel credit card with high points multipliers and premium rewards. With an annual fee of $1, 500, it offers a suite of benefits and statement credits across travel, entertainment, and dining, making every day an adventure. The card also includes travel and lifestyle credits, perks, and services, making it an excellent choice for those seeking luxury travel.

What is the best travel insurance to buy?

In the field of travel insurance, AXA Assistance USA is the leading provider of baggage insurance, while Generali Global Assistance is the most prominent company offering coverage for pre-existing medical conditions. Travelex is the most significant insurer of families, HTH Worldwide Travel Insurance is the most reliable source for trip interruption coverage, and Nationwide is the most dependable company for handling cruise itinerary changes.

Does AmEx Platinum cover travel insurance?

The Platinum Card® from American Express offers travel insurance with a variety of benefits for eligible cardholders, including coverage for trip interruption, rental car damage, and lost luggage. The insurance provides coverage for a range of potential occurrences, and is activated when the card is utilized. The AmEx Platinum travel insurance is a valuable resource for travelers.

Is it impressive to have Amex Platinum?

The Platinum Card from American Express offers attractive appearances, access to airport lounges, and valuable credits and benefits. It offers 5x Membership Rewards® Points for flights booked directly with airlines or American Express Travel, 5x points on prepaid hotels booked with American Express Travel, and 1x points on other eligible purchases. Other benefits include hotel and car rental chain statuses, car rental insurance, trip cancellation/interruption protection, and travel delay protection. Consumer protections include extended warranty and return protection.

Which company is best for international travel insurance?

Forbes Advisor India has compiled a list of the best travel insurance plans in India for 2024, including Care Insurance International Travel Insurance, Tata AIG Travel Guard, Universal Sompo Travel Worldwide, Bajaj Allianz Bharat Bhraman Insurance Policy, and Reliance Travel Care Policy – Senior Citizens. The content, independently collected by the Forbes Advisor team, is not part of the comparison service provided by RunPath Regulatory Services.

In a post-Covid world, travel insurance is now considered a necessity, and Forbes Advisor India analyzed over 50 travel insurance plans to choose the most pocket-friendly options with maximum benefit to the policyholder.

What’s the best travel insurance?

Travelex Insurance has been ranked as the top travel insurance provider of 2024, followed by Nationwide Travel Insurance for baggage coverage, AIG Travel Guard for families, Faye for cancel for any reason coverage, WorldTrips for affordable comprehensive coverage, Generali Global Assistance for trip interruption coverage, Seven Corners for visitors to the U. S., AEGIS for immediate reimbursement, and Travel Insured International for evacuation coverage.

These top recommendations were based on a comprehensive travel insurance methodology, considering cost, coverage timelines and amounts, customer service, and reviews. The rankings were based on key strengths identified by the team, and Travelex Insurance was chosen as the top pick.

What are the benefits of platinum Amex?

The Platinum Card® from American Express offers various benefits, including travel, dining, and Nexus credits, hotel and travel benefits, lounge access, concierge services, a large welcome bonus, and consumer protections. The $799 annual fee is a significant cost, but the benefits and perks make it worth the investment. The card has no income requirement, but a fair to good credit score, which depends on the credit reporting service.

The card also provides exclusive experiences, such as dining and lounge access, concierge services, and a large welcome bonus. The card’s unique experiences and high annual fee make it a worthwhile investment for those looking to enhance their financial situation.

Does travel insurance come with Amex?

AmEx travel insurance can be purchased through a card or as a standalone policy, covering trip delays, interruptions, cancellations, baggage, and car rentals. The coverage is secondary and varies by card. American Express offers two types of travel insurance: standalone plans and complimentary benefits on certain cards. It is important to understand the benefits included on your credit cards before purchasing travel insurance to avoid spending money on a separate policy with overlapped benefits.

Is there an advantage to booking through AmEx travel?

American Express Travel® offers a range of benefits for Platinum Card® and Business Platinum Card® Members, including lower airfare, 5X Membership Rewards® points on flights, and more. Basic Card Members receive 1 Membership Rewards® point for each dollar charged for eligible purchases on their Platinum Card® or an Additional Card on their Account, and 4 additional points (for a total of 5 points) for each dollar charged for eligible travel purchases on any Card on the Account (“Additional Points”), minus cancellations and credits.

Eligible travel purchases are limited to air tickets on scheduled flights, prepaid hotel reservations, and prepaid flight+hotel packages booked through AmexTravel. com. Other eligible purchases include charter flights, private jet flights, tours, cruises, travel packages, ticketing fees, ticket cancellation or change fees, property fees, hotel group reservations or events, interest charges, and purchases of cash equivalents.

Bonuses received with your Card on other purchase categories or in connection with promotions or offers from American Express cannot be combined with this benefit. Any portion of a charge that the Basic Card Member elects to cover through redemption of Membership Rewards points is not eligible to receive points. Merchants are assigned codes based on what they primarily sell, and Basic Card Members may not receive Additional Points if inaccurate information or unable to identify their purchase as eligible for an Additional Points category.

Is AmEx Platinum worth it for travel?

The Amex Platinum, which carries an annual fee of $695, offers benefits that can offset the fee. Should all annual statement credits be utilized, the card’s value would approach $1, 600. It is evident that other benefits may prove to be of greater value to those who travel frequently. In the event that the annual fee is not deemed to be commensurate with the benefits offered, it may be of interest to consider the American Express® Gold Card, which is particularly suited to those with a penchant for culinary experiences, whether in a restaurant or through the medium of delivery.