There are 3 types of Amex Platinum travel insurance: travel accident insurance, baggage insurance and rental car insurance. To get coverage, just pay for your travel costs with your Platinum card. If you experience an eligible loss, you can then file a claim for reimbursement with Amex. All types of Platinum card travel insurance come at no extra cost to you. They’re covered under the $550 annual fee. Benefits also apply to other users on your card as well as to your spouse and dependents under the age of 23.
Amex Platinum travel accident insurance will pay up to $500,000 compensation for death or dismemberment caused by transportation you booked using your Platinum card.
Amex Platinum baggage insurance applies when your bags are damaged by a carrier or are stolen. Amex will pay up to $3,000 per person per trip to reimburse you. You can’t get reimbursed for anything that customs/TSA confiscates, or normal wear and tear on the bags, among a few other things. There’s also a small list of items that aren’t eligible, including animals/plants, consumable/perishable items and cash.
Amex Platinum rental car insurance protects you against collision damage and theft when you rent a car using your Platinum card. You just need to decline any insurance that the rental agency offers. There are some types of vehicles that don’t count, like big vans, trucks, motorcycles, RVs, etc. There are also a few types of incidents that are excluded, like drunk driving, and regular wear and tear. As long as situation is covered, Amex will pay up to $75,000 per claim.
To find out how to file an Amex Platinum travel insurance claim, consult your benefits guide. Typically, the first step is to notify the travel carrier of the loss (and law enforcement, if applicable). Then, you must inform Amex that you’re going to make a claim within 30 days. After that, you’ll have to submit a claim form and all other requested documentation in 60-90 days.
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