Allianz Travel Insurance : When you’re traveling, there are an infinite number of ways things can go wrong. You could lose your bag, catch the flu, crash your car or break your wrist falling off a camel. Travel insurance exists to protect you—and your travel investment—in a wide range of situations like these.
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But one mistake people often make is thinking that travel insurance covers everything. It doesn’t. Travel insurance does not cover losses that arise from expected or reasonably foreseeable events or problems.
In general, you could not reasonably foresee crashing your car, catching the flu or falling off a camel. But what about a looming storm or an existing medical condition? How does travel insurance work then? Let’s take a closer look at how travel insurance defines unforeseen and foreseeable events and what travel insurance covers.
What does Allianz Travel Insurance cover?
Allianz Travel Insurance : Depending on what type of coverage you’re looking for, Allianz offers several different travel insurance options. Allianz’s plan choices fall under single trip or annual/multi-trip plans.
Single trip plans are designed for individuals who are leaving their home, visiting another destination (or destinations) and returning home. These travel insurance plans are the most comprehensive and provide benefits like trip cancellation, trip interruption and medical coverage.
Annual/multi-trip plans are designed for those who like to take a lot of little trips throughout the year as well as for business travelers. Because the coverage period is longer, these plans are more expensive.
Some of these plans include medical coverage only while others also provide more comprehensive travel insurance perks. There’s coverage for business equipment as these plans are geared toward work travelers.
Pros of Allianz Travel Insurance
Offers specialized plans for business and frequent travelersProvides coverage for unique items in the event of loss or damageOffers a range of plans, including single, multi and annual travel coverage
Cons of Allianz Travel Insurance
Basic insurance may be more expensive than some competitorsAdditional insurance is required to cover some adventure sports
Allianz Travel Insurance v. Seven Corners
When compared, Allianz and Seven Corners present different benefits. Seven Corners’ Trip Protection Choice plan is almost 33% cheaper than the Allianz OneTrip Premier plan, and it offers $500,000 in medical expense coverage versus Allianz’s $75,000. However, Allianz provides higher benefits for lost baggage and baggage delay coverage.
See the table below for a comparison of similar plans offered by Allianz and Seven Corners.
| Allianz OneTrip Premier | Seven Corners Trip Protection Choice | |
|---|---|---|
| Average cost | $349 | $263 |
| Trip cancellation | 100% | 100% |
| Trip interruption | 150% | 150% |
| Medical expense | $75,000 per person | $500,000 |
| Emergency evacuation and repatriation of remains | $1 million | $1 million |
| Lost baggage | $2,000 | $250 |
| Trip delay | $1,600 per person | $2,000 |
| Baggage delay | $600 | $100 per day (up to $500) |
Allianz Travel Insurance vs. Generali Global Assistance
Generali Global Assistance’s Premium plan costs slightly less than Allianz’s OneTrip Premier plan while providing more than double the medical expense coverage. Generali also provides 175% trip interruption coverage versus Allianz’s 150%. However, Allianz offers higher baggage delay and trip delay benefits.
Compare similar plans from Allianz and Generali Global Assistance using the table below.
| Allianz OneTrip Premier | Generali Premium | |
|---|---|---|
| Average cost | $349 | $322 |
| Trip cancellation | 100% | 100% |
| Trip interruption | 150% | 175% |
| Medical expense | $75,000 per person | $250,000 per person |
| Emergency evacuation and repatriation of remains | $1 million | $1 million per person |
| Lost baggage | $2,000 | $2,000 per person |
| Trip delay | $1,600 per person | $1,000 per person |
| Baggage delay | $600 | $500 per person |
Which Allianz Travel Insurance plan is best for me?
Choosing the right plan for your trip involves understanding what type of coverage you will want while you’re abroad.
- If you have a premium travel card (e.g., the Chase Sapphire Reserve®):These cards often offer some trip cancellation and trip interruption coverage, so you may not need a plan that offers all the same coverage. In this case, getting the OneTrip Medical plan might be enough.
- If you’re going on a trip and returning home: OneTrip Prime, Basic or Premier are good options to choose from while offering different levels of coverage.
- If you’ll be going on multiple and longer trips: the AllTrips Premier plan might be best as it provides insurance benefits for trips up to 90 days in length. The remaining three annual AllTrips plans cover multiple trips, up to 45 days.
- If the coverage provided by your card isn’t adequate, you don’t have credit card coverage or you didn’t pay for your trip with that credit card: In these instances, it’s best to choose a comprehensive plan depending on how much coverage you need and for how long. Consider one of the single trip or multi-trip plans.
Allianz Travel Insurance annual/multi-trip plans
Allianz Travel Insurance offers four different annual/multi-trip plans.
| Coverage | AllTrips Basic | AllTrips Prime | AllTrips Executive | AllTrips Premier |
|---|---|---|---|---|
| Trip Cancellation | $3,000 *. | $5,000 / $7,500 / $10,000 *. | $2,000 / $5,000 / $10,000 / $15,000 *. | |
| Trip Interruption | $3,000 *. | $5,000 / $7,500 / $10,000 *. | $2,000 / $5,000 / $10,000 / $15,000 *. | |
| Emergency Medical | $20,000. | $20,000. | $50,000. | $50,000. |
| Emergency Medical Transportation | $100,000. | $100,000. | $250,000. | $500,000. |
| Baggage Loss/Damage | $1,000. | $1,000. | $1,000. | $2,000. |
| Baggage Delay | $200. | $200. | $1,000. | $2,000. |
| Travel Delay | $600. | $600. | $1,600. | $1,500. |
| Daily Limit | $200. | $200. | $200. | $300. |
| Travel Accident | $25,000. | $25,000. | $50,000. | $50,000. |
| Business Equipment Coverage | $1,000. | |||
| Business Equipment Rental Coverage | $1,000. | |||
| Change Fee Coverage | $500. | |||
| Loyalty Program Redeposit Fee Coverage | $500. | |||
| 24-Hr. Hotline Assistance | Included. | Included. | Included. | Included. |
| Concierge | Included. | Included. | Included. | Included. |
| Rental Car Damage & Theft | $45,000. | $45,000. | $45,000. | $45,000. |
| Pre-Existing Medical Condition | Available. | Available. | Available. |
What is a “reasonably foreseeable” event?
You don’t need a crystal ball to predict a foreseeable event. A foreseeable event is an outcome that a reasonable person in similar circumstances would expect to occur. For instance, if your business partner has been indicted for fraud and you schedule a vacation during his trial, it’s foreseeable that you’ll be subpoenaed and have to cancel your trip.
Or, suppose your mother has just been hospitalized following a serious fall when you purchase travel insurance for an upcoming business trip. Because of her prognosis, it’s foreseeable that you may have to cancel your trip because her condition worsens. In short, if you’re buying travel insurance with a specific scenario in mind—”I’ll probably have to cancel this trip because of X”—then it’s likely to be a foreseeable event. You’re better off rescheduling the trip.
Unforeseen severe weather: What does Allianz Travel Insurance cover?
If a hurricane or a winter storm ruins your vacation, travel insurance can be your best friend. Let’s say a severe storm slams into the Bahamas and damages the resort where you’re staying, rendering it uninhabitable. Travel insurance can reimburse you for your prepaid trip costs plus the extra cost of flying back home early. If your trip is delayed because the storm canceled your flight, travel insurance can reimburse you for the cost of a hotel room or meals while you wait.
However, timing is everything. Once a storm is named or otherwise identified in one of our Coverage Alerts, or by the National Oceanic and Atmospheric Administration (NOAA) or other forecasting entity, it becomes a foreseeable event with known potential to affect your travel. This means that if you buy travel insurance after a storm has been named, you won’t be covered for losses related to that storm. You would, however, be covered for other situations—for instance, if you had to interrupt your trip because of a covered illness.
How does Allianz Travel Insurance work for existing medical conditions?
The concept of “reasonably foreseeable events” gets complicated when you’re talking about existing medical conditions. For instance, if you’ve been treated in the past for back problems, and then a slipped disc forces you to cancel your trip, is that something you should have foreseen?
Here’s how we look at it. Allianz Travel Insurance plans can cover most existing medical conditions if you insure the full cost of your trip within 14 days of paying your first trip deposit and if you’re medically able to travel when you do so. We define an existing medical condition as an illness or injury that you, a traveling companion or family member were seeking or receiving treatment for, or had symptoms of on the day you purchased your plan, or at any time in the 120 days before you purchased it.
Again, timing is everything. To make sure your existing medical condition is covered, get your doctor to certify you’re medically able to travel before you buy travel insurance. And don’t wait to buy coverage; make sure you purchase your plan within that 14-day window after making your first trip payment (for things such as plane tickets or cruise reservations).
Unforeseen pregnancy complications: What does Allianz Travel Insurance cover?
Allianz Travel Insurance can cover claims resulting from unforeseen pregnancy complications, such as pre-eclampsia or pre-term labor. This means if you must cancel or interrupt a trip because of a covered pregnancy complication, your travel insurance may reimburse you for nonrefundable trip costs. Your plan may also reimburse you for the emergency medical care you received for those unforeseen complications while traveling.
However, travel insurance does not cover trip cancellations due to normal pregnancy, unless your plan names normal pregnancy as a covered reason and the pregnancy occurred after the effective date of coverage (usually the date your plan was purchased). Nor does travel insurance cover the costs of normal childbirth while traveling. To learn more, read this quick guide to pregnancy and travel insurance.
Allianz Travel Insurance Plan Options
The chart below outlines the travel insurance policies offered by Allianz to help you compare plan details and coverage limits.
| Policy Tier | CFAR | Trip Delay | Trip Interruption and Cancellation | Baggage | Medical |
|---|---|---|---|---|---|
| OneTrip Basic Plan | No | $300 ($150 per day limit) | Trip cancellation $10,000; trip interruption $10,000 | Baggage loss/damage $500; baggage delay $200 | Emergency medical $10,000; emergency medical transportation $50,000 |
| OneTrip Prime Plan | Optional upgrade | $800 ($200 daily limit) | Trip cancellation $100,000; trip interruption $150,000 | Baggage loss/damage $1,000; baggage delay $300 | Emergency medical $500,000; emergency medical transportation $50,000 |
| OneTrip Premier Plan | Optional upgrade | $1,600 ($200 daily limit) | Trip cancellation $200,000; trip interruption $300,000 | Baggage loss/damage $2,000; baggage delay $600 | Emergency medical $75,000; emergency medical transportation $1,000,000 |
| OneTrip Emergency Medical Plan | No | $1,000 ($200 daily limit) | No | Baggage loss/damage $2,000; baggage delay $600 | Emergency medical $50,000; emergency medical transportation $250,000 |
| OneTrip Cancellation Plus Plan | No | $150 ($150 daily limit) | Trip cancellation $5,000; trip interruption $5,000 | Baggage loss/damage $1,000; baggage delay $200 | No |
| AllTrips Basic Plan | No | $600 ($200 daily limit) | No | Baggage loss/damage $1,000; baggage delay $200 | Emergency medical $20,000; emergency medical transportation $100,000 |
| AllTrips Prime Plan | No | $600 ($200 daily limit) | Trip cancellation $3,000; trip interruption $3,000 | Baggage loss/damage $2,000; baggage delay $600 | Emergency medical $20,000; emergency medical transportation $100,000 |
| AllTrips Premier Plan | No | $1,500 ($300 daily limit) | Trip cancellation $15,000; trip interruption $15,000 | Baggage loss/damage $2,000; baggage delay $2,000 | Emergency medical $50,000; emergency medical transportation $500,000 |
| AllTrips Executive Plan | $1,600 ($200 daily limit) | Trip cancellation $10,000; trip interruption $10,000 | Baggage loss/damage $1,000; baggage delay $1,000 | Emergency medical $50,000; emergency medical transportation $250,000 |
How Much Does Allianz Travel Insurance Cost?
According to our research, the average cost of Allianz is $275. This is on the more expensive end, approximately 35% more than the national average.
The cost of travel insurance depends on a range of factors, including your age, the destination and pre-existing medical conditions you may have. To help you understand costs when you get a quote, we gathered some samples from the Allianz website.
Use the chart below to compare Allianz’s average cost to competitors:
Unforeseen events that Allianz Travel Insurance does not cover
While travel insurance specifically excludes losses caused by reasonably foreseeable events, that doesn’t mean every unforeseen event is covered, either. When you purchase an Allianz Travel Insurance plan, it names specific covered reasons for trip cancellation or trip interruption. Reasons that aren’t named aren’t covered. Also, like other travel insurance plans, your Allianz Travel Insurance plan excludes losses caused by things like:
- War (declared or undeclared), acts of war, military duty
- Civil disorder or unrest (unless expressly covered)
- Participation in or training for any professional or amateur sporting competition while on your trip
- Participating in extreme, high-risk sports or activities
- Nuclear reaction, radiation or radioactive contamination
- Natural disasters (except when expressly covered)
- Air, water or other pollution or threat of pollutant release
- Terrorist events
- An act of gross negligence by you or a traveling companion
- Travel against the orders or advice of any government or other public authority.
- Epidemic or pandemic (unless expressly covered)
It’s important to note that while epidemics are generally excluded, most of our travel insurance plans include the Epidemic Coverage Endorsement, which adds covered reasons to select benefits for certain losses related to COVID-19 and any future epidemic. (Benefits vary by plan and are not available in all jurisdictions). To see if your plan includes this endorsement and what it covers, please look for “Epidemic Coverage Endorsement” on your Declarations of Coverage or Letter of Confirmation. Terms, conditions and exclusions apply. Benefits may not cover the full cost of your loss. All benefits are subject to maximum limits of liability, which may in some cases be subject to sublimits and daily maximums.
What isn’t covered by Allianz Travel Insurance?
Travel insurance plans have a lot of exclusions that you need to pay attention to so you know exactly what type of coverage you’re getting. Here are some general exclusions you can expect:
High-risk activities: Skydiving, bungee jumping, heli-skiing, and other types of high-risk sporting activities that the insurer deems unsafe.
Intentional acts: Losses sustained from intoxication, drug use, self-harm and criminal activity.
Specifically designated events: Epidemics, natural disasters and war are specifically mentioned in the policy as exclusions.
It’s important to note that exclusions may vary based on the policy and where you live, so it’s always best to review the fine print to ensure you’re clear about what is and isn’t covered.
FAQ
What is Allianz Travel Insurance and why do I need it?
Travel insurance provides protection against a variety of risks that can occur while traveling, such as trip cancellations, medical emergencies, lost baggage, and travel delays. It’s essential because it can help cover unexpected costs and provide assistance in emergency situations, safeguarding both your travel investment and your health.
Does Allianz Travel Insurance cover everything?
No, travel insurance does not cover every possible event. It generally does not cover losses from expected or reasonably foreseeable events. Coverage is specific to the policy purchased and typically includes unforeseen incidents such as sudden illness, accidents, or severe weather events.
What are “reasonably foreseeable” events?
Reasonably foreseeable events are outcomes that a reasonable person would expect to occur under similar circumstances. For example, if you schedule a vacation during your business partner’s trial or if a storm is already named and forecasted, any resulting travel disruptions would be considered foreseeable and likely not covered by travel insurance.
Conclusion
Travel insurance is an essential safeguard for your travel investment and personal well-being while on a trip. While it offers extensive protection against a range of unforeseen events, it does not cover every possible scenario, especially those deemed reasonably foreseeable or high-risk. Understanding the specifics of what your travel insurance policy covers—and does not cover—is crucial to ensure you’re adequately protected. Whether you’re traveling once a year or frequently, selecting the right plan that meets your needs, including any necessary add-ons for adventure sports or pre-existing medical conditions, can provide peace of mind and financial protection during your travels. Always review the policy details carefully and consult with the insurance provider to clarify any questions before purchasing coverage.