Feature/Category |
Travelex Insurance |
Allianz Travel Insurance |
Coverage Options |
Offers single-trip, multi-trip, and specialized plans like adventure travel or family-friendly coverage. |
Offers single-trip, multi-trip, annual plans, and business travel coverage. |
Trip Cancellation/Interruption |
Provides coverage for illness, weather, or job loss. |
Comprehensive cancellation/interruption coverage with additional reasons like jury duty or travel bans. |
Medical Emergency Coverage |
Covers medical expenses and emergency evacuation. Includes pre-existing condition waivers on some plans. |
Extensive medical expense coverage and emergency evacuation. Pre-existing condition waivers are available on certain plans. |
Baggage Loss/Delay |
Reimburses for lost, stolen, or delayed baggage. Coverage limits vary by plan. |
Offers compensation for lost, stolen, or delayed baggage. Limits depend on the policy. |
Trip Delay Coverage |
Covers additional expenses due to delays (e.g., meals, accommodations). |
Provides similar coverage for delays with flexible policies for extended interruptions. |
Customizable Add-Ons |
Offers optional upgrades for sports, adventure, or higher medical limits. |
Includes add-ons like rental car damage protection and enhanced coverage for adventure activities. |
Claim Processing |
Online claims portal, with typical processing within 2–4 weeks. |
Streamlined online claims process. Often resolves claims in 1–3 weeks. |
24/7 Assistance |
Includes a 24/7 assistance hotline for medical emergencies, travel issues, or policy questions. |
24/7 global assistance hotline available for emergencies and general inquiries. |
Mobile App |
Provides a user-friendly app for managing policies, claims, and travel assistance. |
Allianz TravelSmart app offers similar functionalities, including real-time updates and claims tracking. |
Cost/Value |
Competitive pricing, especially for family plans. Suitable for budget-conscious travelers. |
Slightly higher premiums, but broader coverage options |