Allianz: Travel Insurance for Every Adventure

Travel insurance is an essential purchase if you are planning a trip abroad. Although easy to overlook, a good travel insurance policy will give you a financial safety net if you are unlucky enough to get injured or ill during your trip. But which travel insurance company is the best fit for you?

There are so many different options out there that it can seem like an overwhelming task to find the right one. If you have already started researching travel insurance, then you may have come across Allianz Insurance for travel. The company is one of the largest and most popular options for those looking for travel coverage for trips around the globe.

Allianz Travel Insurance is a popular option for travelers due to its variety of plans and established reputation. This review will explore what Allianz offers and who might benefit most from their coverage.

About Allianz Travel Insurance

Allianz Global Assistance, the travel insurance arm of Allianz SE (one of the world's largest insurers), offers a wide range of travel insurance plans catering to various travel needs.

Who Can Benefit from Allianz Travel Insurance?

• Long-Term Travelers: Allianz offers annual travel insurance plans that cover multiple trips throughout the year. This can be cost-effective for frequent travelers.
• Older Travelers: Unlike many insurers, Allianz has no upper age limit for coverage, making it a good option for older travelers who may struggle to find insurance elsewhere.
• Business Travelers: Allianz offers plans with business equipment protection, valuable for those traveling with company property.
• Families: Some Allianz plans to offer complimentary coverage for children under 17, making it a budget-friendly option for families.

Travelers who might not be the best fit:

• Adventure Travelers: If you plan high-risk activities, consider providers specializing in adventure travel insurance with more comprehensive coverage.
• High Medical Coverage Seekers: Some insurers offer higher medical expense coverage limits than Allianz.

What Does Allianz Travel Insurance Cover?

• Medical Insurance: Covers medical expenses incurred due to illness or injury while traveling.
• Emergency Transportation: Covers costs associated with medical transportation, including airlifts and repatriation.
• Trip Cancellation/Interruption: Reimburses unused trip expenses if you need to cancel or cut your trip short for covered reasons (e.g., illness, or natural disasters).
• Baggage Coverage: Provides compensation for lost, stolen, or damaged luggage (with per-item limits).
• Baggage Delay: Reimburses for essential purchases like toiletries in case of delayed luggage arrival.
• Trip Delay: Covers additional accommodation, food, and transportation costs due to trip delays exceeding a set time frame.
• Trip Change Coverage: This covers airline fees associated with changing your flight dates (up to a limit).
• Rewards Point Protection: Reimburses re-deposit fees for flights booked with loyalty points if canceled for a covered reason. (Selected plans only)
• Accidental Death or Dismemberment (AD&D) Coverage: Provides financial protection in case of accidental death or dismemberment while traveling. (Available on some plans)
• Rental Car Coverage: Annual plans can be supplemented with optional rental car damage, theft, or collision coverage for an additional fee.

Available Allianz Travel Insurance Plans

Allianz offers nine travel insurance plans, with five designed for single trips and four for multiple trips throughout the year. It's important to visit the Allianz website to find the plan that best suits your needs and budget.

Allianz offers nine travel insurance plans:

• Single Trip Plans (5):
  • OneTrip Cancellation Plus (no medical coverage)
  • OneTrip Emergency Medical (basic medical coverage)
  • OneTrip Basic (budget-friendly option)
  • OneTrip Prime (higher level of coverage)
  • OneTrip Premier (most comprehensive coverage for single trips)
• Annual Multi-Trip Plans (4):
  • AllTrips Basic (basic medical coverage)
  • AllTrips Prime (standard travel coverage)
  • AllTrips Executive (business travel-focused)
  • AllTrips Premier (most comprehensive coverage for annual trips)

Important Note: Annual multi-trip plans offer a lower coverage percentage for trip cancellation/interruption compared to single-trip plans (which typically cover 100%).

How much does Allianz Travel Insurance Cost?

The cost depends on various factors like your age, destination, trip duration, trip cost, and chosen plan. It's best to visit the Allianz website to get a personalized quote.

Takeaway: Allianz Travel Insurance Review

Allianz Travel Insurance offers a variety of plans catering to different travel needs and budgets. It's a good option for long-term travelers, older travelers, business travelers, and families. However, if you require high medical coverage limits or participate in high-risk activities, consider exploring other travel insurance providers.

Remember, it's crucial to carefully review the details of any travel insurance policy before purchasing to ensure it meets your specific needs.