Chase Sapphire Preferred trip cancellation insurance pays up to $100,000 if a trip is cut short because of unforeseen circumstances. These could be sickness, severe weather, or other factors. Insurance covers expenses such as passenger transportation and hotel reservations. The maximum benefit amount is $40,000 per 12-month period.
Coverage applies to you and any immediate family members traveling on your reservation. You must pay for the trip with a Sapphire Preferred card (or rewards points) to be eligible. Insurance does not cover certain situations, however. Those include pre-existing conditions, changes in financial circumstances, traveling against a doctor’s advice, and others.
To submit a claim, call 1 (888) 320-9961. You must file a report within 20 days after the incident. You’ll then receive a claim form. Send back the claim form with any supporting documents within 90 days of the incident.
Chase Sapphire Reserve travel insurance includes $1 million in travel accident insurance and $20,000 in coverage for cancelled or interrupted trips. There’s also up to $3,000 per passenger for lost luggage, plus coverage for trip delays, emergency medical and dental expenses, and delayed luggage. The Sapphire Reserve card has the most travel insurance of any credit card on the market as a result.… read full answer
Chase Sapphire Reserve travel insurance is free. It covers you and immediate family members on the same reservation from the time you leave on a trip until you return. You must pay for at least part of your travel with the Sapphire Reserve card or Chase rewards points to be eligible.
Types of Chase Sapphire Reserve Travel Insurance:
Travel accident insurance: This benefit pays up to $1 million for death or serious injuries during transit. There’s also up to $100,000 in coverage for the duration of your trip, not just during transit.
Trip cancellation/interruption insurance: You can get up to $10,000 per person and $20,000 per trip for unforeseen cancellations. This benefit only refunds prepaid, non-refundable travel expenses.
Trip delay reimbursement: This covers you for up to $500 per ticket. You’re reimbursed for necessary expenses if travel is delayed for more than six hours.
Lost luggage reimbursement: If your luggage is lost or stolen, you can get up to $3,000 per person per trip.
Baggage delay insurance: If your bags arrive more than 6 hours late, you’re covered up to $100 per day for up to 5 days. The reimbursement is for any essentials you’re forced to purchase, such as toiletries and clothing.
Emergency medical and dental benefit: Sapphire Reserve will also pay up to $2,500 in emergency medical or dental work per trip. A $50 deductible applies. You must be at least 100 miles away from your home.
Emergency evacuation and transportation: If you or a family member become sick or injured during a trip and need to be evacuated, you can receive up to $100,000 in reimbursement for medical services and transportation costs.
If a covered event occurs, you’ll need to submit a claim. The first step is calling the Benefit Administrator at 1-888-675-1461 to ask for a claim form. You’ll need to do this anywhere from immediately after the covered incident occurs to within 90 days. The timeframe depends on the benefit.
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