Chase Sapphire Reserve travel insurance includes $1 million in travel accident insurance and up to $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.
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 Chase 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: Chase 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 (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.
Yes, the Visa credit card travel insurance is pretty good. It covers all Visa credit card users for damage or theft of rental cars. Some cards also provide coverage for accidents while traveling, trip cancellation and lost luggage. Plus, Visa credit card travel insurance never costs extra. You just have to pay for your travel with your Visa card to be eligible for any coverage it might have. But the exact amount of coverage you get, the claims procedures you have to follow, and other fine print depend on the bank or credit union that issues the card. It also makes a difference whether your card is a Visa Platinum, Visa Signature or Visa Infinite (least coverage to most coverage).… read full answer
Here are the types of Visa credit card travel insurance:
Trip accident: Should you or dependents you’re travelling with die or get seriously disfigured due to the fault of a travel provider, this policy will reimburse you or your family. The amount of money you can get varies, but it could be as much as $500,000 with certain cards. But not all cards will have this benefit.
Trip cancellation/interruption/delay: If your trip has to be ended early or moved because of things out of your control (e.g. death, injury, severe weather, military orders and more), you can get compensated for the inconvenience. Coverage might be up to $2,000 per trip, but not every card will have it.
Lost luggage: It’s hard to enjoy yourself on a trip if you don’t have any of your belongings. If your luggage gets lost or stolen, Visa may pay you for its value. You could get up to $3,000 per person per trip, but whether you have coverage depends on the card.
Rental car: Every Visa card should have this, no matter who issues it. If you rent a car with your Visa card and that car gets damaged or stolen, you can be reimbursed. But certain types of cars aren’t eligible (like expensive cars, RVs, motorcycles, and more) and certain situations aren’t either (like drunk driving). You can receive up to the full value of the rental vehicle.
So again, the best course of action is to check your card’s terms to find out what kind of coverage it has. And if you’re in the market for a new card, WalletHub’s editors have prepared a report on the cards with the best travel insurance to help you out.
You get Mastercard travel insurance just by having a Mastercard. It’s free, too. There are six different types of Mastercard travel insurance available: travel accident insurance, trip cancellation/interruption insurance, trip delay insurance, insurance for lost or delayed baggage, and rental car insurance.
Coverage amounts and categories differ based on what level of Mastercard you have: regular, World or World Elite. Plus, it’s up to the card’s issuer whether or not to include each benefit in the first place. Below you’ll find descriptions of the insurance offerings and the dollar amounts of the coverage if they don’t differ by card. Coverage amounts that change based on the Mastercard tier are noted in the last few bullets.… read full answer
Here’s how Mastercard travel insurance works:
Mastercard travel accident insurance: Reimburses you in the event of serious injury or death aboard a common carrier (airline, cruise ship, bus, etc.). Coverage applies to you, your domestic partner and your dependent children, as long as you pay for the whole fare with your Mastercard.
Mastercard trip cancellation insurance: Reimburses for trips cancelled because of the death, illness or injury of you or a family member. If the travel provider goes out of business that counts too. Some situations, like pre-existing conditions and cosmetic surgery, are not covered.
Mastercard trip delay insurance: Will pay up to $500 per trip for each person whose ticket you pay for with your card. You’re eligible if the travel provider delays your trip for at least 3 hours.
Mastercard baggage delay insurance: Gives you up to $100 per day for up to 3 days you spend without your bag. It covers items you are forced to buy, like clothes and toiletries. All Mastercards have this benefit.
Mastercard lost baggage insurance: Pays up to $3,000 per trip for bags that are lost by the travel provider. Certain types of items, like medical equipment, aren’t covered.
Mastercard rental car insurance: When you rent a car with any Mastercard, you’ll be protected against collision damage and theft, up to $50,000 for rental periods of 31 days or fewer. You have to decline any insurance the rental agency offers you. Certain types of cars aren’t covered: vans, trucks, antique cars, motorcycles, etc. And Mastercard won’t pay for the theft of personal belongings or if you were driving irresponsibly.
Best Mastercard for travel insurance: World Elite Mastercard credit cards give you the most travel insurance, followed by World Mastercards and standard Mastercards. The best World Elite Mastercard for travel is Citi Prestige.
World Elite Mastercard travel insurance: World Elite Mastercard credit cards offer every type of travel insurance. You’re also covered for a higher total dollar amount than with a World Mastercard: up to $1,000,000 for travel accidents.
World Mastercard travel insurance: World Mastercards give every type of travel insurance. They offer just $200,000 in trip accident insurance. They also give up to $1,500 per trip for cancellation.
Standard Mastercard travel insurance: Standard Mastercards only give a mere $100 in travel accident insurance and $100 in trip interruption/delay insurance. Aside from that, they offer the regular baggage delay insurance and rental car insurance amounts.
Each of these benefits comes with a laundry list of restricted situations. So be sure to read your card’s benefits guide in detail to confirm you know what’s covered and what’s not.
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.