Yes, the Chase Sapphire Reserve Card does have travel insurance benefits, the best of which are emergency evacuation and transportation coverage and trip cancellation/interruption insurance. To be eligible to file a travel insurance claim, you’ll need to pay for your travel using your Chase Sapphire Reserve Card.
Types of Chase Sapphire Reserve Card Travel Insurance
Trip delay insurance: This benefit reimburses you for necessary expenses – such as a hotel room, for example – if your trip is delayed for 6 hours or more.
Trip cancellation/interruption insurance: This benefit covers your trip for unforeseen cancellations or for interruptions that cut your trip short. It only applies to pre-paid, non-refundable travel expenses.
Lost/damaged baggage insurance: If your luggage is lost or stolen, you can get reimbursed for the contents of the luggage up to $3,000.
Emergency evacuation and transportation insurance: If you become sick or injured during a trip and need to be evacuated, you can get reimbursed for the medical services and transportation costs up to $100,000.
Travel accident insurance: This insurance covers cardholders in the event of death or dismemberment during the trip or during transit.
Rental car insurance: This benefit covers the cardholder for damage to the rental vehicle that results from collision or theft.
Exclusions and coverage limits apply to many of these benefits, so make sure to check your Chase Sapphire Reserve Card’s guide to benefits for more details on each type of insurance.
Chase Sapphire Reserve trip cancellation insurance covers travel cancellations and interruptions due to covered reasons, such as illness or severe weather. The maximum reimbursement for cancelled or interrupted travel is $10,000 per person and $20,000 per trip.
To qualify for Chase Sapphire Reserve trip cancellation insurance coverage, your trip must be paid for with the Chase Sapphire Reserve credit card or with rewards earned on the card. The trip must also be cancelled or interrupted for a covered reason to qualify for coverage.… read full answer
How Chase Sapphire Reserve Trip Cancellation Insurance Works
Overview: Chase Sapphire Reserve trip cancellation insurance covers qualifying unforeseen circumstances that lead to interrupted travel arrangements or their cancellation. Travel arrangements must be paid for with the Chase Sapphire Reserve card.
Who is covered: The Chase Sapphire Reserve primary cardholder and immediate family members.
How much is covered: Up to $10,000 per person and a maximum of $20,000 per trip.
What is covered: Unforeseeable circumstances that lead to the cancellation or interruption of travel arrangements paid for with the Chase Sapphire Reserve credit card. Examples include accidental bodily injury, sickness or death, severe weather, acts of terrorism, jury duty or subpoenas that cannot be waived or postponed.
What is not covered: Examples include pre-existing conditions, traveling against doctor's orders, changes in plans or financial circumstances or trips exceeding 60 days.
How to File a Chase Sapphire Reserve Claim
You can call your Benefit Administrator at (888) 675-1461 or submit your claim online within 20 days of your trip cancellation or interruption incident. Based on the information given to your benefit administrator, you'll be sent the relevant claim forms that must be completed and returned within 90 days (or as soon as reasonably possible).
Note that exclusions might apply to this benefit. So, make sure to check the guide to benefits that came with your Chase Sapphire Reserve card for more details.
Yes, Chase Sapphire Reserve does offer trip delay as part of travel insurance. But it’s actually called “trip delay” insurance and isn’t just limited to flights. It applies to all kinds of transportation by a travel provider, such as planes, trains, buses and cruises. If your flight or other mode of transportation is delayed by more than six hours, you’re eligible for compensation.… read full answer
Chase will reimburse you for unplanned expenses that you have to make because of the situation, up to $500 per ticket. It’s not automatic, though. You have to submit a claim within 60 days of a covered event as well as provide some documentation. Plus, neither everything nor everyone is covered.
Here’s how Chase Sapphire Reserve flight delay insurance works:
You, your spouse and any dependent children under 26 are covered.
If your travel is delayed by more than six hours, you may receive up to $500 for each ticket purchased with your Chase Sapphire Reserve or Ultimate Rewards Points.
You can’t make a claim when you were informed of a delay prior to the day of the trip. You must also be traveling outside of your home city to be eligible.
Eligible expenses for reimbursement are meals, lodging, toiletries and other necessities that you wouldn’t have had to purchase if the trip were on time.
If the airline (or other travel provider) gives you the products and services for free as compensation for the delay, you can’t make an additional claim to Chase.
To make a claim, call the Benefit Administrator at (888) 675-1461 within 60 days of the incident to ask for a claim form. Then complete the form and send it back within 100 days of the incident.
You’ll need to include your original ticket, a statement from the travel provider saying why the trip was delayed, your account statement showing the trip charge, receipts for the incidental purchases you made, and anything else Chase asks for.
As long as everything is correct, Chase will reimburse you within 60 days of receiving your information.
Chase Sapphire Reserve flight delay insurance isn’t the only type of travel coverage you’ll receive. Reserve also provides compensation for things like baggage theft or damage, rental car theft or damage, emergency evacuation, emergency medical treatment, and death or serious injury during travel.
All things considered, Chase Sapphire Reserve is tied for second place on WalletHub’s list of the best credit cards with travel insurance. So, you can rest assured that your coverage is top notch.
No, Chase Sapphire Reserve does not offer phone insurance. You can, however, protect your phone through the card’s purchase protection and/or extended warranty benefits.
More specifically, purchase protection covers damaged or stolen items purchased with a Chase Sapphire Reserve card for up to $10,000 per claim and $50,000 every 12 months. The coverage lasts for 120 days after the purchase date. The Chase Sapphire Reserve … read full answerextended warranty benefit adds an extra year onto your original cell phone warranty of three years or less when you purchase the phone with the Chase Sapphire Reserve. You’re covered for $10,000 per claim, up to $50,000 per account.
Chase Freedom Flex gives you up to $1,000 per year in cell phone protection against covered theft or damage. Cell phone protection coverage applies when you pay your monthly cell phone bill with your Chase Freedom Flex. You can file up to 2 claims a year, with a $50 deductible per claim.
The Ink Business Preferred® Credit Card provides up to $1,800 in coverage annually against damage and/or theft, You can file up to 3 claims per year, with a $100 deductible per claim. But that benefit is limited to cell phones used primarily for business purposes.
If you want true cell phone insurance from your credit card, you can also consider Wells Fargo. It offers the benefit on all of its consumer cards.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.