Jonnica Hill via Unsplash. Featured Image Credit: The annual airline fee statement credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards. Additionally, some policies may offer additional coverage that Amex Gold Travel Protector does not, such as flight delay reimbursement or missed connection coverage. Selecting a company is not difficult as there are dozens of reputable, highly financially-rated, established companies, but comparing policies is essential for getting the best value for your money. With so many different coverage options, its difficult to compare apples to apples. If you'd like to add a comment to this article and share your valuable feedback and opinions, please click here to leave your comment. Here, we will take a look at some of the ways you can save money with Amex Gold Travel Protector. Amex's highest level of coverage offers decent protection that will suit most people, but some travelers will want more. Trip delay reimbursement requires the following documentation: Trip cancellation/interruption insurance requires slightly different documentation. Even with a steep annual fee, you'll get excellent dining and travel perks that can help make up for the cost. But, don't worry if you booked a complicated itinerary. One of the companys strengths is that it offers the consumer the ability to purchase needed coverages separately, such as medical insurance for an international trip. Terms apply. The key benefit of the American Express Gold Card is 10 free miles of towing as well as jumpstarts and flat tire assistance. Here are a few situations where travel insurance could cover your loss: Whether you should purchase travel insurance or not is a personal decision. Our opinions are our own. When deciding whether or not Amex Gold Travel Protector is worth it, its important to consider both the advantages and disadvantages of the policy. Amex Gold is cheaper at $250 annual fee per year. Up to. Outside of the current welcome bonus, youre only earning higher rewards on specific airfare and hotel purchases, so its not a great card for other spending categories. Do not sell or share my personal information. Car rental insurance which covers damage to or theft of eligible car rentals. Terms apply. Nothing is worse than getting through an entire claims process only to be denied or have to start over because you dont have the required documentation for the insurance provider. The travel insurance coverages that come with your credit card can be sufficient to cover simple trips. Who's covered: This policy covers both primary and additional cardholders, as well as cardmembers spouses or domestic partners and any dependent children under 23 years old. Seldom travelers may not get enough value to warrant the cost. So make sure your personal auto insurance covers your liability when renting cars. Bottom Line: The longer, more expensive, and more complicated your trip, the greater the need for a comprehensive travel insurance policy. You can use points earned with the AmEx Gold to offset flights booked through American Express Travel, AmEx's easy-to-use travel portal, but you'll only get one cent per point in value. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. In exchange for the annual fee, you'll unlock access to the Amex Membership Rewards program that let you access airline and hotel transfer partners, along with new lifestyle and travel credits. But this guide will walk you through which Amex credit cards have these benefits, what's currently covered and how you can file a successful claim. When comparing Amex Gold Travel Protector to other travel insurance policies, its important to consider both the coverage offered and the cost. American Express offers you 2 options when it comes to purchasing travel insurance. Terms apply. Trip insurance can cover prepaid non-reimbursable expenses. To activate this coverage, all you need to do is pay for the entire cost of the flight, train, bus or cruise with your, travel insurance protection covers cardmembers when they rent a car. Ultimately, the decision to invest in Amex Gold Travel Protector should be based on your individual needs and budget. Coverage is worldwide except for where it would violate U.S. trade or economic sanctions. And the maximum benefit for each of these is capped at a certain amount. Your trip also isnt covered if you used a combination of miles and dollars unless the miles came from a Membership Rewards transfer. American Express baggage insurance covers luggage that is lost, stolen, or damaged while traveling on a common carrier. All of these benefits can help make your trip smoother and more enjoyable. Amex Gold Travel Protector offers a range of coverage options, including trip cancellation and interruption coverage, medical and dental coverage, baggage protection, and more. When youre covered: To be eligible for coverage, you have to travel on a common carrier, which Amex defines as any air, land or water vehicle (other than a personal or rental vehicle) that is licensed to carry passengers for hire and available to the public. The first policy above with Assistance USA for $77, for example, has coverages similar to the Silver Amex plan which has a premium of $133. NerdWallet strives to keep its information accurate and up to date. All financial products, shopping products and services are presented without warranty. Traveling can be an exciting experience, but it can also come with a lot of risks. If this is important to you, you should attempt to find the coverage elsewhere by using comparison sites. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. It will NOT be published. After all, American Express Membership Rewards points are valued at up to 2.1 cents each. is best known for its dining, grocery and rideshare perks. Lets take a closer look at each of these elements. AmEx provides many travel advice and assistance services free of charge. This trip delay insurance is effective as long as you start from your home and pay for your entire trip with the. Still, it can be confusing to know what is covered and the right documentation you need to file a claim. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. Image Credit: Upgraded Points For reference, the six "freebies" are: The Blue Cash Everyday Card. And it's not just the cardmember's bags that are covered. We used policy comparison websites and found similar but not identical policies. Travel insurance policies can offer higher limit options. You can check out the full list of cards and details on American Express's website. She has been published in U.S. News & World Report, USA Today and elsewhere, and has spoken at conferences like that of NAFSA: Association of International Educators. The Amex Gold's current welcome bonus offer is 60,000 Membership Rewards points after spending $4,000 on purchases in the first 6 months. Probably. This AmEx card gets you baggage, car rental and trip delay insurance alongside AmEx Global Assist services. This site does not include all credit card companies or all available credit card offers. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. is a former TPG writer, covering everything from the latest deal to deeper guides with a focus on beginners. This post contains references to products from one or more of our advertisers. NerdWallet's ratings are determined by our editorial team. However, this does not influence our evaluations. I wrote this lengthy article on what American Express Membership Rewards points are worth. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. Amex Gold Travel Protector covers a variety of potential issues that may arise during your travels, including trip cancellation and interruption coverage, medical and dental coverage, and baggage protection. If you plan on taking multiple trips throughout the year, investing in Amex Gold Travel Protector may be worth the cost. members aren't as comprehensive as what you'll get on other premium AmEx cards. Think of AmEx Global Assist as your travel assistant. Terms apply to offers below. Enrollment required. Rent a car with your American Express Gold Card to get secondary coverage of up to $50,000 for damage or theft. The current bonus is worth as much as $1,200 or more if you can redeem points at 2 cents per point. We'll run a soft credit check to find special offers, but it wont affect your credit score. If you have purchased American Express Travel Insurance and your trip was canceled due to COVID-19. Most credit card travel insurance coverage is secondary and in excess of other coverage you might have. The most important factors to consider are that youre purchasing from a highly-rated company, the coverages are a match for your needs, and the premium is one with which youre comfortable paying. Get Travel Guard quotes now Instant quotes from TravelInsurance.com partner site Coverage For more information, see ourMedical & Legal Disclaimers. The card details on this page have not been reviewed or provided by the card issuer. A pretty easy target to hit, especially if you're putting all your food and travel purchases on it, and these super valuable points are definitely worth the wait. If youre looking for medical coverage for an international trip, for example, purchasing with an established company at a reasonable price makes American Express Travel Insurance a worthy choice. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Earn 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. It has relevant bonus . For example, this service can help you arrange emergency medical referrals. Rent a car with your. <bi-shortcode id="table-of-contents-sticky" class="mceNonEditable" data-type="h2">Table of Contents: Masthead Sticky</bi-shortcode><bi-shortcode id="summary-shortcode . For example, if you are 40 years old, youre going to pay less than a 41-year-old in the next pricing bracket but the same as a 17-year-old. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Final Thoughts In conclusion, the benefits of this card are pretty good, but not as good as they might first seem. Related: The best credit cards with travel insurance. Let's dig into the details. Amex Gold Travel Protector generally offers more comprehensive coverage than other policies, but it is often more expensive. Terms apply. Allianz Travel Insurance Coverage Review Is It Worth It? Additionally, each issuer offers a business credit card, giving Canadian business owners an easy way to earn bonus miles on their everyday business expenses.How do I contact TD Credit Cards? Pre-qualified offers are not binding. The Delta SkyMiles Gold American Express Card was revamped in 2019 with a new list of perks and revised earning rates. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Prices ranged from $59 to $208 to cover the entire trip. For package travel insurance policies, you might be able to realize modest savings by shopping around, but you wont go wrong with the company selection of choosing American Express Travel Insurance. After Amex receives notice of your claim, instructions will be sent on how to send the proof. $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. This is because you can convert 1 point into 1.33 Nectar points via the Avios partnership. Travel Protection Plan. I was unable to find an annual travel insurance policy option for U.S. citizens offered by American Express. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. 3x on eligible Delta purchases, 1x on all other purchases (that can become 1.5x after you spend $150,000 in a calendar year.) Reach out to Alaska Airlines customer care at 1-800-654-5669. Terms apply. The Gold Plan selected offers up to $100,000 in emergency medical, up to $750 in emergency dental, and up to $100,000 in emergency evacuation/repatriation. Terms apply. This. And the maximum benefit for each of these is capped at a certain amount. The annual fee is relatively high at $550, but it comes with a range of exclusive benefits, including airport lounge access, 5x points on select flights, and free hotel stays . Keep in mind that a provider may ask for additional documentation related to the incident, so you may have to collect receipts and other forms to help your case. Terms apply. Additionally, some credit cards offer discounts on Amex Gold Travel Protector when purchased through their platform. travel insurance takes effect only when your trip is delayed more than 12 hours due to: Note that you must be on a trip starting from your city of residence to be covered. Learn more: How to file travel insurance claims. Hi William. The Amex Gold is a valuable option for U.S.-based customers who spend heavily on dining and groceries at U.S. supermarkets and are looking for an in-between, "premium-lite" card that offers good returns without a hefty price tag. Related: Best credit cards for trip cancellation and interruption insurance. Could be worth it. One of the newest travel insurance perks of the American Express Gold Card (added as of Jan. 1, 2020) is trip delay insurance protections. CFAR insurance is expensive, does not cover the entire cost of your trip, and not all companies sell the coverage, including American Express Travel Insurance. The average initial bonus is 31,338 points/miles or $230 cash back. The travel protection benefits provided are the same under the two sections, however, the basis on which we provide them is different. There are some things you just can't plan for. This trip delay insurance kicks in when you pay for a trip with your American Express Gold Card or AmEx points. This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, at least $500 in assorted annual statement credits and so much more. Sign up for our daily newsletter! We may receive compensation when you click on links to those products. However, you'll need to be wary of several key restrictions: Coverage is secondary. This influences which products we write about and where and how the product appears on a page. It can be relatively expensive, especially if you are planning multiple trips throughout the year. You generally wont find medical coverage on a credit card. Fortunately, travel insurance is widely available, reasonably affordable, and simple to secure. The Amex Gold Card's 60K-point initial bonus offer is available to new cardholders who spend at least $4,000 within 6 months of opening an account. This site does not include all credit card companies or all available credit card offers that are on the market. This option can save the traveler money. In addition, if your trip is an expensive one, even if its simple and short, it would be prudent to cover your investment with a travel insurance policy. No, you do not need to be an American Express cardholder to purchase a travel insurance policy from American Express Travel Insurance. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and p. rior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. Finally, credit cards do not come with medical insurance coverage. These complimentary coverages are useful and can offer more than adequate coverage for most trips. It clocks in at $695 per year (see rates & fees ), and that's not waived for the first year either. Join us while we check out the types of policies the company offers, any limitations of which to be aware, and additional options for protecting your next trip appropriately. American Express Travel Insurance is backed by AMEX Assurance Company which is highly-rated, established, and reputable. Your rental car, as well as taxis and ride-share services such as Uber and Lyft, would be excluded from this protection. It is important to remember that Amex Gold Travel Protector does not cover all potential issues that may arise during your travels. Editors note: This post has been updated with new information. Like most travel insurance companies, American Express Travel Insurance prices its products within age brackets. 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