Allianz Travel Insurance Review: Do I Need It?
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If you travel at all – whether it’s once in a while or every chance you get – travel insurance is something that needs to be on your radar.
If you’re booking an expensive trip, you want to be protected in case you need to cancel it at the last minute. You also want to have a good time and not worry about how you’d pay for healthcare in an emergency. That’s why it’s a good idea to find a policy with both trip cancellation insurance and medical coverage.
It’s easy to see why you need travel insurance. However, with so many companies out there, choosing the best travel insurance for your particular trip might seem a bit daunting.
Don’t worry. We’ve got you covered.
Today, we’re going to review the multiple plans offered by Allianz Global Assistance. We’ll talk about what each plan includes, how much coverage it provides, its strengths and weaknesses, and cost.
We’ve got nine plans to cover, so let’s get to it!
Allianz Travel at a Glance
- Owned by Allianz SE, the largest diversified insurance company in the world
- Offers five single trip travel insurance plans and four annual plans
- Insurance benefits are underwritten by BCS Insurance Company, Jefferson Insurance Company, or Nationwide Mutual Insurance Company and Affiliated Companies
Allianz Travel Insurance Products
Allianz Global Assistance offers two categories of travel insurance plans – single trip and annual (multi-trip) plans. The annual plans provide coverage for 365 days and are a great solution for frequent travelers. There are five single trip plans and four annual plans.
Single Trip Plans:
- OneTrip Cancellation Plus Plan
- OneTrip Basic Plan
- OneTrip Prime Plan
- OneTrip Premier Plan
- OneTrip Emergency Medical Plan
Annual (Multi-Trip) Plans:
- AllTrips Basic Plan
- AllTrips Prime Plan
- AllTrips Executive Plan
- AllTrips Premier Plan
Compare Travel Insurance Plans – Need a travel insurance plan for your next trip? Compare single trip and annual travel insurance plans from Allianz! Get a quote here.
Allianz Global Assistance: What’s Included?
All Allianz Global Assistance travel insurance plans include a 24-hour multi-lingual hotline. Their specialists can assist with any inquiries about your policy, making a claim, getting emergency medical treatment, language interpretation, replacing passports, getting legal assistance, or even securing cash in an emergency.
With nine different plans to choose from, Allianz Global Assistance has something to meet every traveler’s needs.
Allianz Global Assistance Single Trip Plans
We’ll start with the single trip plans. You can purchase a single trip plan for any trip lasting up to 180 days.
OneTrip Cancellation Plus Plan
The OneTrip Cancellation Plus Plan is Allianz Global Assistance’s most economical travel insurance plan. It features three types of protection: Trip cancellation, trip interruption, and trip delay.
The OneTrip Cancellation Plus Plan can protect you from financial loss in the event you have to cancel your trip before departure or return home suddenly after departure for a covered reason. It helps recover non-refundable deposits and payments for airfare, accommodations, and the like. It may also work well as cruise insurance. The amount of coverage is the value of your trip. It also can cover you for up to $150 a day for expenses related to trip delay of six hours or more.
Note that only specific reasons for trip cancellation or interruption are covered. You can’t just change your mind about a trip and get your money back. Refer to the certificate of insurance for the nitty-gritty details, but the reasons are pretty standard. It includes things like interrupted or cancelled trips due to a natural disaster, you or a traveling companion falling ill, a family member becoming seriously sick or injured, losing your job, legal proceedings, cancelled flight due to weather, etc. These conditions apply to trip protection included in all Allianz Global Assistance travel insurance plans, and it’s important to understand them.
OneTrip Basic Plan
The Allianz OneTrip Basic Plan includes trip cancellation and interruption plus some basic (hence the name) medical benefits. Here are the amounts you’re working with:
| Allianz OneTrip Basic Plan: What’s Covered | Amount Covered |
|---|---|
| Trip Cancellation | Up to $10,000 |
| Trip Interruption | Up to $10,000 |
| Emergency Medical | $10,000 |
| Emergency Medical Transportation | $50,000 |
| Baggage Loss/Damage | $500 |
| Baggage Delay | $200 |
| Travel Delay | $300 (Daily Limit $150) |
OneTrip Prime Plan
Billed as Allianz Global Assistance’s most popular plan, One Trip Prime provides enhanced coverage beyond the OneTrip Basic Plan and offers free coverage for children under 17 traveling with a parent or grandparent. This makes it a great solution for families! See the table below for coverage maximums.
| Allianz OneTrip Prime Plan: What’s Covered | Amount Covered |
|---|---|
| Trip Cancellation | Up to $150,000 |
| Trip Interruption | Up to $100,000 |
| Emergency Medical | $25,000 |
| Emergency Medical Transportation | $500,000 |
| Baggage Loss/Damage | $1,000 |
| Baggage Delay | $300 |
| Travel Delay | $800 (Daily limit $200) |
| Change Fee Coverage | $500 |
| Loyalty Program Redeposit Fee Coverage | $500 |
OneTrip Premier Plan
The OneTrip Premiere Plan covers everything OneTrip Prime does but with substantially more post-departure coverage.
| Allianz OneTrip Premier Plan: What’s Covered | Amount Covered |
|---|---|
| Trip Cancellation | Up to $100,000 |
| Trip Interruption | Up to $150,000 |
| Emergency Medical | $50,000 |
| Emergency Medical Transportation | $1,000,000 |
| Baggage Loss/Damage | $2,000 |
| Baggage Delay | $600 |
| Travel Delay | $1,600 (Daily limit $200) |
| Change Fee Coverage | $500 |
| Loyalty Program Redeposit Fee Coverage | $500 |
OneTrip Emergency Medical Plan
The OneTrip Emergency Medical Plan is Allianz Global Assistance’s solution for travelers who aren’t looking for trip protection but need medical and travel mishap coverage. It is the only single trip plan that includes travel accident coverage (benefit payable if, while on your trip, you have an accident resulting in loss of life, sight, hands, or feet).
| Allianz OneTrip Emergency Medical Plan: What’s Covered | Amount Covered |
|---|---|
| Emergency Medical | Up to $50,000 |
| Emergency Medical Transportation | Up to $250,000 |
| Baggage Loss/Damage | Up to $2,000 |
| Baggage Delay | Up to $750 |
| Travel Delay | Up to $1,000 (Daily limit $200) |
| Travel Accident | Up to $10,000 |
Single Trip Insurance Plans from Allianz – Get complete insurance coverage for your next trip with a single-trip plan from Allianz. Get a quote here.
Annual (Multi-Trip) Plans
The AllTrips Plans are designed for people who travel several times per year. These plans can save the frequent traveler a lot of hard-earned cash. Trip insurance benefits are for the full year period, while medical coverage is per trip.
Personally, our family buys annual coverage through Allianz Global Assistance. We get good coverage for an entire year at a fair price. Here’s a list of all the annual plans they have available.
AllTrips Basic
The AllTrips Basic Plan is for people who want bare bones emergency medical coverage while traveling but don’t require trip cancellation. This plan covers trips lasting 45 days or less. It’s also best for solo individuals and not for families. If you’re interested in family protection, a Premier plan is often a bit cheaper.
| Allianz AllTrips Basic Plan: What’s Covered | Amount Covered |
|---|---|
| Emergency Medical | $20,000 |
| Emergency Medical Transportation | $100,000 |
| Baggage Loss/Damage | $1,000 |
| Baggage Delay | $200 |
| Travel Delay | $600 (Daily limit $200) |
| Travel Accident | $25,000 |
| Collision Damage Waiver | $45,000 |
AllTrips Prime Plan
The AllTrips Prime Plan builds on the Basic Plan by adding in trip cancellation and interruption coverage. Along with a few other changes to coverage rates, the AllTrips Prime Plan covers trips scheduled to last for 45 days or less.
| Allianz AllTrips Prime Plan: What’s Covered | Amount Covered |
|---|---|
| Trip Cancellation | $3,000 |
| Trip Interruption | $3,000 |
| Emergency Medical | $20,000 |
| Emergency Medical Transportation | $100,000 |
| Baggage Loss/Damage | $1,000 |
| Baggage Delay | $200 |
| Travel Delay | $600 (Daily limit $200) |
| Travel Accident | $25,000 |
| Collision Damage Waiver | $45,000 |
AllTrips Executive Plan
The AllTrips Executive Plan caters to the frequent business traveler. That’s why it can cover the loss of business equipment and the cost of renting replacement equipment. Trips scheduled to last 45 days or less are covered.
| Allianz AllTrips Executive Plan: What’s Covered | Amount Covered |
|---|---|
| Trip Cancellation | $5,000 |
| Trip Interruption | $5,000 |
| Emergency Medical | $50,000 |
| Emergency Medical Transportation | $250,000 |
| Baggage Loss/Damage | $1,000 |
| Baggage Delay | $1,000 |
| Travel Delay | $1,600 (Daily limit $200) |
| Travel Accident | $50,000 |
| Collision Damage Waiver | $45,000 |
| Business Equipment Coverage | $1,000 |
| Business Equipment Rental Coverage | $1,000 |
| Change Fee Coverage | $500 |
| Loyalty Program Redeposit Fee Coverage | $500 |
AllTrips Premier Plan
The Allianz AllTrips Premier Plan is the policy our family carries. It is an all-inclusive travel insurance plan for frequent travelers. The plan includes more medical coverage than any other annual plan, trip insurance, and excellent baggage and travel delay benefits. The AllTrips Premier Plan covers trips lasting 90 days or less and includes all members of a household for one price.
| Allianz AllTrips Premier Plan: What’s Covered | Amount Covered |
|---|---|
| Trip Cancellation | $2,000 |
| Trip Interruption | $2,000 |
| Emergency Medical | $50,000 |
| Emergency Medical Transportation | $500,000 |
| Baggage Loss/Damage | $2,000 |
| Baggage Delay | $2,000 |
| Travel Delay | $1,500 (Daily limit $300) |
| Travel Accident | $50,000 |
| Collision Damage Waiver | $45,000 |
Annual Travel Insurance Plans from Allianz – Protect your travels for an entire year. Compare annual travel insurance plans from Allianz! (Psst…they’re so good, we even have one.) Get a quote here.
Allianz Travel Insurance: What Isn’t Covered?
Pre-Existing Medical Conditions – If You Don’t Qualify for the Waiver
You know how most travel insurance policies don’t cover pre-existing medical conditions? Well, plans from Allianz Global Assistance do – if you qualify for a waiver.
Be sure to check the terms of the waiver for the plan you’re considering. They vary a bit from plan to plan, but they all require that you be a U.S. resident as of the day you purchase your plan and that you be medically able to travel. Some require that the value of your trip be less than $10,000.
Allianz Global Assistance has a look-back period of 120 days, meaning – if you experienced symptoms of a medical condition or sought treatment during that time frame – it is considered pre-existing. This is a relatively short look-back period, as I’ve seen them as long as two years.
If you don’t qualify for the waiver associated with your plan, then your pre-existing medical condition isn’t covered.
Extreme Sports
Unlike travel insurance providers like World Nomads, Allianz Global Assistance does not offer coverage for losses incurred while participating in extreme sports. Check the certificate of insurance for the details, but don’t expect to be covered if your travel plans involve things like bungee jumping or deep-sea scuba diving.
Mental or Nervous Health Disorders
Allianz Global Assistance excludes losses related to symptoms (including physical symptoms) of anything classified as a mental or nervous health disorder. This includes conditions like depression, anxiety, and even Alzheimer’s. Note that the exclusion only applies to trip cancellation and insurance coverage, not emergency medical.
The Standard Exclusions
It’s the norm for travel health insurance policies to exclude losses related to:
- Criminal activity
- Self-harm
- Drug and alcohol abuse
- Normal pregnancy and childbirth
- Natural disasters (except when covered under trip cancellation or interruption)
- War
Note that this is a summary of the exclusions and is not exhaustive. You should always refer to the certificate of insurance for the plan you’re considering to be sure you understand what is and isn’t covered.
Allianz Travel Insurance: Who Is Covered?
Allianz Global Assistance covers travelers of any age as long as they are fit to travel. For seniors aged 80 and over, documentation from a physician confirming fitness to travel may be required.
Allianz Global Assistance : Pros and Cons
| Allianz Travel Insurance: Best Features | Allianz Travel Insurance: Where it Falls Short |
|---|---|
| Lots of choices – nine plans to choose from | No extreme sports coverage |
| Annual plans ideal for frequent travelers | Basic and Prime Plans offer low levels of emergency medical coverage |
| Great value for families | |
| Coverage for pre-existing medical conditions available if you qualify for the waiver | |
| No maximum age |
Who Should Buy Allianz Global Assistance Travel Insurance
- Families – If you’re traveling with your family, the Allianz OneTrip Prime and Premier plans, as well as the AllTrips Premier Plan, offer excellent value. The OneTrip Prime and Premier Plans cover kids under 17 traveling with their parents or grandparents for free. That’s right – one kid, two kids, three kids – the more, the merrier! Similarly, the AllTrips Premier Plan covers your entire household all year.
- Frequent Travelers – The Allianz Global Assistance annual plans can save frequent travelers some serious dough. In fact, a couple only has to take two seven-day trips a year for an annual plan to become a better buy.
- Business Travelers – If you travel for work and are responsible for your own insurance, the Allianz AllTrips Executive Plan might be a fitting solution. It provides reasonable coverage for all categories and can protect you in the event your business equipment is lost or stolen.
- Seniors – Unlike some travel insurance providers, Allianz Global Assistance will cover travelers of any age, providing they are medically able to travel (a doctor might need to sign off on that).
- People with pre-existing medical conditions – Allianz Global Assistance has two things going for it when it comes to pre-existing medical conditions. The first is that you might qualify to have the pre-existing medical condition exclusion waived. It varies for each plan, but in general, the waiver criteria are quite generous. Second, they only consider a condition pre-existing if you’ve been dealing with it within the last 120 days. That’s called the look-back period, and it’s relatively short. Sure, I’ve seen them shorter, but I’ve also seen them much longer.
Who Should Skip This Travel Insurance
- Travelers looking for high levels of emergency medical coverage – I’m not gonna sugar coat it – none of the Allianz Travel Insurance plans offer particularly high levels of emergency medical insurance. The OneTrip Premier and Emergency Medical Plans, as well as the AllTrips Executive and Premier Plans, provide $50,000 in coverage. That’s the minimum I would travel with in most situations. This might not be a problem for you if you’re going somewhere with cheap and accessible healthcare, or if you have another form of medical coverage. But it’s something to be aware of.
- Adventurous travelers – Allianz Travel Insurance excludes most adventure sports and activities. That means if you get injured while bungee jumping on your trip, you’re on your own. Again, if you’re into adventure travel, check out a policy like this.
How to Buy Allianz Travel Insurance
You can buy an Allianz Travel Insurance policy quickly and easily online or over the phone.
I recommend popping online to grab a quote, compare plans, and explore the resources on their website. They do a good job of explaining the coverage in simple terms. If you have questions, you can always contact Allianz Global Assistance via phone, email, or live chat.
How to Make a Claim
Allianz Global Assistance recently redesigned their travel claim forms to be shorter and more straightforward – no one will argue with that!
Customers can submit a claim online using the online claims management tool, or even through the Allianz Global Assistance TravelSmart App. Just look for the “claims” button!
Once you submit a claim, the confirmation page shows you what documentation is required (you should also get this in an email). If you have any questions, you can reach out to Allianz Global Assistance 24 hours a day for assistance.
Allianz Global Assistance offers customers three ways to get reimbursed: A check in the mail, debit disbursement, or direct deposit. Opting for electronic payment – debit disbursement or direct deposit – will mean you get your money as quickly as possible.
Make sure you make your claim within 90 days of your loss.
Allianz Travel Insurance: Do I Need It?
Travel insurance is likely something you shouldn’t go without. Whether you should choose an Allianz product depends on your needs and the kind of coverage you’re looking for. I really like that Allianz Global Assistance has so many options – there’s something in the mix for most, but not all, travelers.
As someone who frequently travels with my family and likes having peace of mind with high emergency medical coverage, I think the AllTrips Premier Plan is an excellent buy. In fact, this is the policy we carry ourselves. It can cover your entire household for a full year, can provide up to $50,000 for emergency medical expenses per insured, and it offers reasonable coverage for all other categories.
If you only travel once a year, the OneTrip Premier Plan comes with up to $50,000 in emergency medical and comes with generous trip interruption and cancellation coverage. If I was a once-a-year kind of traveler, that’s a plan I would consider.
If you travel for business and need extra coverage, the AllTrips Executive Plan is there for you. If you’re looking for just trip protection or just medical coverage, you’ve got options for that, too.
In my opinion, the Basic Plans are too basic for most travel situations. The levels of medical coverage are too low to cover a major emergency, and the more robust plans aren’t that much more expensive. For that reason, I wouldn’t recommend the basic plans unless you have other forms of coverage.
Thanks for reading and happy traveling!
Protect Your Family with Travel Insurance – Whether you need coverage for a single trip or year round, you can protect your travel dollars with a travel insurance policy from Allianz. Compare plans and get a quote here.
Terms, conditions, and exclusions apply. Insurance benefits underwritten by BCS Insurance Company (OH, Administrative Office: 2 Mid America Plaza, Suite 200, Oakbrook Terrace, IL 60181), rated “A-” (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: 9950 Mayland Drive, Richmond, VA 23233), rated “A+” (Superior) by A.M. Best Co., under Jefferson Form No. 101-C series or 101-P series, depending on your state of residence and plan chosen. Plans only available to U.S. residents and may not be available in all jurisdictions. Allianz Global Assistance and Allianz Travel Insurance are marks of AGA Service Company dba Allianz Global Assistance or its affiliates. Allianz Travel Insurance products are distributed by Allianz Global Assistance, the licensed producer and administrator of these plans and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage due to the affiliation between AGA Service Company and Jefferson Insurance Company. Plans include insurance benefits and assistance services. Any Non-Insurance Assistance services purchased are provided through AGA Service Company. Except as expressly provided under your plan, you are responsible for charges you incur from third parties. Contact AGA Service Company at 800-284-8300 or 9950 Mayland Drive, Richmond, VA 23233 or customerservice@allianzassistance.com
Allianz Travel Insurance Review
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Allianz Travel Insurance Review
The AllTrips Premier Plan is an excellent buy for families, which covers your entire household for a full year, provides $50,000 for emergency medical expenses per insured, and reasonable coverage for all other categories. If you only travel once a year, the OneTrip Premier Plan comes with $50,000 in emergency medical and comes with generous trip interruption and cancellation coverage. If you travel for business and need extra coverage, the AllTrips Executive Plan is good, too. The Basic Plans are too basic for most travel situations. The levels of medical coverage are too low to cover a major emergency, and the more robust plans aren’t that much more expensive.
We do about 3 cruises per year and a couple overseas trips a year, plus all the little trips here and there in the US. It is nice to have one policy that covers it all. Like all insurance, you hope you never have to use it, but just glad we have it and alot cheaper than buying a policy for each trip.
I have been a regular subscriber to IAPA travel insurance for several years now. I am interested in having a comprehensive travel insurance that includes flight disaster.