Is Allianz Travel Insurance worth it? Allianz Travel Insurance reviews

Understanding that traveling insurance helps take care of the cost and burden that comes with traveling expenses can be a relief. That is why you should read this article on Allianz Travel insurance reviews.

This article encompasses broader detailed information about Allianz coverage plans, pricing, types, and so on. This information will help you decide what Allianz travel insurance plans are best for you.

About Allianz Travel Insurance

With a proud 130-year history, the Allianz insurance group is one of the world’s leading insurers, serving over 100 million customers in 70 countries.

The Company is dedicated to helping its customers, and workers secure their futures. And also tackle the most pressing societal concerns using its global and local expertise.

For nearly a century, Allianz has been helping to protect the things people care about in Australia.

Over 3.5 million Australians entrust Allianz with their insurance needs as one of Australia’s major general insurers.

Currently, the Workplace Gender Equality Agency named Allianz Australia as an Employer of Choice for Gender Equality for the past 11 years.

What are the Types of Allianz Travel Insurance Policies?

Allianz Travel offers two types of travel insurance policies:

One trip
Multi-trip policies.

Each plan lets you choose the level of coverage you want and, as a result, the premium you wish to pay.

One-Trip Plans

This is one of Allianz’s cost-effectiveness and limited coverage. You can choose from a Basic, Prime, or Premier plan for a single trip.

It is thus the most cost-effective option, providing basic travel coverage at a low cost.

The maximum coverage limits for OneTrip plans are as follows. They include these benefits in the One-Trip Premier Plan:

Trip Cancellation — up to $100,000 in reimbursement for non-refundable prepaid charges, including pre-existing medical conditions.
Trip Interruption – up to $150,000 in reimbursement for non-recoverable expenses and the higher cost of return transportation due to a covered incident; pre-existing medical conditions are covered.
Medical Emergencies — up to $25,000.
Up to $500,000 for transportation to the nearest medical facility in the event of an emergency.
Baggage Theft, Loss, or Damage–up to $1,000 if your luggage is stolen, lost, or damaged.
Baggage Delay–up to $300 if they delay your luggage for over 12 hours.
Trip Delay–up to $800 ($200/day for 4 days) for eligible expenses for delays of 6 hours or more; there is also an option to get $100/day with no receipts required.
Coverage for Change Fees — $500
Re-deposit Fee Coverage for Loyalty Programs – $500, covers re-deposit of points/miles because of covered trip cancellation.

Help is available 24 hours a day, 7 days a week. Pre-existing medical coverage, rental car coverage, and necessary to work coverage are all optional coverages with limitations.

It’s also worth mentioning that when traveling with a parent or grandparent, children under the age of 17 are insured at no additional cost.

What is included in the package?

Here are things included in the Allianz Travel insurance package:

Domestic Travel Insurance

This Allianz Domestic Travel insurance takes care of a single trip within Australia. It covers personal liability, luggage, and unexpected trip cancellation.

Also, it takes care of the insurance excess on your rental vehicle in case you have an accident.

The following is a list of benefits that you’re entailed to if you have Allianz Domestic Travel insurance:

Accidental Death – $25,000
Have a choice of the cancellation level cover
Addirional expenses – $25,000
Travel Delay Expenses – $2,000
Lost, stolen or damaged luggage, personal effects and valuables – up to $10,000
Delayed luggage and personal effects expenses – up to $500
Theft of cash – up to $250
Rental vehicle excess if your hire car is damaged or stolen – up to $6,000
Personal Liability4 – up to $5 million

Basic Travel Insurance

Allianz Basic Travel Insurance provides coverage for foreign medical and hospital bills, as well as overseas emergency assistance, which includes acceptable burial expenses or repatriation back to Australia (up to $60,000 per person) and personal liability coverage (up to $2.5 million).

Surprisingly, Basic Travel Insurance is our cheapest international travel insurance choice. The cost of our Basic Travel Insurance is determined by a variety of criteria, including where you’re going, how long you’ll be gone, and your age.

To find out how much a Basic Travel Insurance insurance for your trip will cost, you can receive a quotation online or over the phone.

Comprehensive Travel Insurance

A single foreign trip is covered by Allianz Comprehensive Travel Insurance (Comprehensive Plan). This plan is designed to cover things like out-of-country medical, hospital, and dental bills, as well as personal liability, luggage, trip cancellation, and more.

Furthermore, its cancellation benefit is customizable, allowing you to decide the level of protection you require.

Cancellation coverage begins the minute you purchase your policy, so you may be covered if your trip is unexpectedly canceled or delayed before you leave.

You can also add optional coverage, boost item limits, and apply to have your pre-existing medical issues covered for an additional fee.

The cost of Comprehensive Travel Insurance varies depending on your age, where you’re going, how long you’ll be gone, and what activities you’ll be participating in.

You can get an obligation-free estimate online or over the phone at any time to find out how much a Comprehensive Travel Insurance coverage for your trip would cost.

Accidental Death – up to $25,000
Permanent Disability – up to $25,000
Expenses for travel delays – up to $2,000
Expenses for Alternative Transportation – a cash prize of up to $5,000
Luggage, personal effects, and valuables – up to $10,000 if lost, stolen, or destroyed.
Expenses for delayed luggage and personal effects – up to $500
If you lose, steal, or destroy your travel documents, transaction cards, or travelers’ checks – a cash prize of up to $5,000
Cash theft – up to $250
If your rental car is damaged or stolen, you may be charged an extra of up to $6,000.
Personal Responsibility -a maximum of $5 million

What isn’t included in the package?

There are a lot of exclusions in travel insurance policies that you should be aware of so you know precisely what kind of coverage you’re getting. Here are some examples of generic exclusions:

High-risk activities include skydiving, bungee jumping, heli-skiing, and other high-risk sports that the insurance considers dangerous.
Losses incurred because of intoxication, drug usage, self-harm, or criminal conduct.
Exclusions: Epidemics, natural disasters, and war are all clearly specified as exclusions in the policy.

It’s crucial to remember that exclusions differ depending on the policy and where you live, so read the tiny print to make sure you understand what is and isn’t covered.

How to Get an Allianz Insurance Quote

With Allianz, getting a quick price for travel insurance is simple.

Travel insurance is one of the most straightforward plans to gain a quote for and then purchase.

Unlike auto or house insurance, you only need to provide some basic information about your trip, your age, and where you live to get a fast price.

Plans from Allianz Travel Insurance

Let’s look at the packages in the Allianz Travel insurance plans. To do this, we will group the packages according to;

Most important
Plans for the year
Plans for Medical Evacuation

The Most Important Plan:

Individual coverage

For anyone traveling within the United States, this travel insurance package is needed.

The coverage is limited to cancellation, interruption, and travel delay. It also protects passengers against significant financial losses if they are forced to cancel or leave their trip because of a covered reason.

Basic Strategy

The basic travel precautions are included, but there aren’t many more. This trip insurance plan offers critical protection and guidance to anyone looking to protect their holiday at a low cost.

The Allianz Basic Plan provides exceptional security and peace of mind for first-time purchasers or those on a tight budget.

The Traditional Strategy

This plan provides larger coverage limits than Basic, making it a better overall option, and it includes coverage for children under the age of 18 at no extra charge.

Trip Plan with Classic

Optional automobile rental coverage, high-end coverage with large limits, and a slew of extras

For your luxury holiday, Classic with Trip+ is “first-class” travel insurance and help.

This coverage is more expensive, but it gives bigger coverage amounts as well as certain extra benefits, such as covering airline ticket change expenses and re-banking frequent flyer miles.

Plans for the Year:

Deluxe Annual Subscription

This plan offers annual insurance and a variety of extras, making it ideal for frequent travelers. Consider annual coverage if you know you’ll be traveling a lot this year.

They aim this plan at the average traveler and include normal cancellation and interruption coverage, baggage, medical emergencies, evacuations, airline insurance, and rental car damage.

Annual Executive Summary

This package is suitable for business travelers that travel frequently. It covers conventional travel insurance coverage, such as cancellation and interruption, as well as emergency medical and rental car coverage. It also has some significant business advantages.

Plans for Medical Evacuation

Medical Evacuation

For really difficult travel scenarios, strong and easy evacuation-only coverage is available. Even a broken leg in a remote place or a heart attack on a cruise ship could need a medical evacuation.

The cost of evacuations can run into tens of thousands of dollars, and they must be paid for ahead of time.

This plan includes $1,000,000 in emergency medical transportation and a slew of “soft” perks from Allianz, including 24/7 help, concierge, and post-evacuation travel arrangements.

This is available in three different lengths of coverage: three, six, or twelve months.

Damage Insurance for Rental Cars

To Allianz, this is a one-of-a-kind plan. It merely covers a rented car in the event of a collision or loss.

You could use your personal auto insurance to cover your rental car, but most travelers don’t want to risk a rate rise by filing a claim. This is a cost-effective solution for primary collision/loss damage.

What Is The Procedure For Filling A Claim?

The most convenient method to submit an Allianz Travel insurance claim is through their website. To start, you’ll need your email address or policy number, as well as your departure date or purchase date.

Note, before a claim examiner will review your claim, you must make the necessary documentation. And once you have filed your claim, you will receive a confirmation email.

To get started, use the free TravelSmart app. Alternatively, you can send your claim to [email protected], fax it to us at 804-673-1469, or mail it to:

Allianz Global Assistance is a global assistance organization.

71533 P.O. Box

23255-1533 Richmond, VA

Any documents sent by mail or fax should include your name and policy number. It’s possible that processing times will be lengthier than if you file your claim online.

You can check the progress of your claim at any time after it has been submitted by using our online claim management tool or using the TravelSmart app.

How Long Will It Take To Review Allianz Travel Insurance Claim?

The time to process a claim is determined by the type of claim, the claim’s circumstances, and the documentation required.

Once the company receives your claim form and any relevant supporting evidence, they will begin processing it.

The claim processing period can take time if they will need to request more papers or information.

Is It Worthwhile To Invest In Allianz Travel Insurance?

One of the largest travel insurance businesses, Allianz Global Assistance provides the financial security needed to travel with confidence. Most travelers can discover the proper form of travel insurance for their needs and budget thanks to the company’s numerous options and tiers of coverage.

While some competitors provide more personalization and freedom in their travel insurance, such as adventure coverage or cancellations for any reason, Allianz’s inexpensive pricing makes it a solid choice for most travelers.

How To Use Allianz app

With the free Allianz TravelSmart app, you can access your coverage advantages from anywhere in the globe, making it simple to process claims and remain ahead of the game while traveling. In an emergency, the app can assist you in quickly locating a screened and approved medical institution.

Conclusion

Allianz Travel insurance is sure of the best travel insurance worth going for. Nevertheless, it’s expedient you also visit their official site to find out more about them in terms of offers that will suit you.

Is Allianz Travel Insurance Worth It? Allianz Travel Insurance Reviews 2023