Best Travel Insurance Companies

If you’re planning a trip, one thing that can give you peace of mind is travel insurance. In case of unforeseen circumstances, good travel insurance can save you a lot of money and stress. But with so many options available, it can be difficult to choose the best travel insurance company for your needs. In this article, we’ve done the research and compiled a list of the best travel insurance companies in 2021.

What to Look for in a Travel Insurance Company

Before we get into our list, let’s first discuss what to look for in a travel insurance company. Here are some important factors to consider:

1. Coverage: Make sure the policy covers everything you need, such as trip cancellation, lost or stolen baggage, medical expenses, and emergency evacuation.

2. Limits: Check the maximum amounts the policy will pay out for each type of coverage.

3. Exclusions: Read the policy carefully to see what is excluded from coverage.

4. Reputation: Look for reviews and ratings from other travelers to see how the company has performed in the past.

5. Customer service: Make sure the company has a good reputation for customer service and is easy to contact in case of an emergency.

Best Travel Insurance Companies

Now that we’ve discussed what to look for, let’s take a look at the best travel insurance companies:

1. World Nomads

World Nomads is a popular option for backpackers and adventure travelers. Their policies cover a wide range of activities, including hiking, skiing, and scuba diving. They also offer 24/7 emergency assistance and have an easy-to-use online claims system.

World Nomads has received high ratings from customers and has a reputation for excellent customer service. They also have a strong focus on sustainability and offer ways to offset your carbon footprint.

2. Allianz Global Assistance

Allianz Global Assistance is a well-known travel insurance company that has been around for over 100 years. They offer a variety of policies for different types of travelers, including families and business travelers. Their policies cover everything from trip cancellation to medical expenses to lost luggage.

Allianz Global Assistance has a good reputation for customer service and offers 24/7 assistance. They have also received high ratings from customers for their claims process.

3. AXA Assistance USA

AXA Assistance USA is a popular travel insurance company that offers policies for individuals, families, and groups. They offer a variety of coverage options, including trip cancellation, medical expenses, and emergency evacuation.

AXA Assistance USA has a good reputation for customer service and an easy-to-use online claims system. They also have a helpful mobile app that allows you to access your policy and get assistance while on the go.

4. Seven Corners

Seven Corners is a lesser-known travel insurance company, but they offer competitive rates and good coverage options. They offer policies for individuals, families, and groups, and their coverage includes things like medical expenses, trip cancellation, and emergency evacuation.

Seven Corners has received high ratings from customers for their claims process and customer service. They also offer a 24/7 helpline for assistance while traveling.

FAQ

Here are some frequently asked questions about travel insurance:

1. Do I really need travel insurance?

It depends on your individual circumstances, but travel insurance can be a good investment to protect yourself from unforeseen circumstances like medical emergencies, trip cancellations, or lost luggage.

2. What is the difference between travel insurance and trip insurance?

Travel insurance typically covers a wider range of potential issues, including medical emergencies, trip cancellations, and lost luggage. Trip insurance typically only covers trip cancellation or interruption.

3. What is excluded from travel insurance coverage?

Exclusions vary by policy, but some common exclusions include pre-existing medical conditions, extreme sports and activities, and travel to certain high-risk areas.

4. When should I purchase travel insurance?

You should purchase travel insurance as soon as you book your trip to ensure you are covered in case of any unforeseen circumstances that may arise before your trip begins.

5. Can I purchase travel insurance for a one-way trip?

Yes, most travel insurance companies offer policies for one-way trips.

Conclusion

When it comes to choosing a travel insurance company, it’s important to consider your individual needs and circumstances. The companies listed above are all reputable options that offer good coverage options and strong customer service. By purchasing travel insurance, you can have peace of mind and enjoy your travels without worry.