Best International Travel Insurance for March 2024
Written by
Business Insider;reviewed by
Evelyn He
Updated
2024-02-29T16:19:45Z
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Allianz Travel Insurance
World Nomads Travel Insurance
C&F Travel Insured
Travelex Travel Insurance
Seven Corners Travel Insurance
International Travel Insurance Tips
Why You Should Trust Us
If you’re planning your next vacation or trip out of the country, be sure to factor in travel insurance. Unexpected events such as lost luggage or medical emergencies can drain your bank account. Travel insurance steps in to provide you with peace of mind and financial protection while you’re abroad.
Best International Travel Insurance Companies
Allianz Travel Insurance: Best overall
World Nomads Travel Insurance: Best for exotic travel
C&F Travel Insured: Best for trip interruption coverage
Travelex Travel Insurance: Best for families
Seven Corners Travel Insurance: Best for long-term travel
Compare the Top International Travel Insurance Plans
Allianz Travel Insurance
Get quotes
compare policies and rates with SquareMouth Travel Insurance
Insider’s Rating
4/5
Perks
N/A
AM Best Financial Strength Rating
A+
Pros
Good option for frequent travelers thanks to its annual multi-trip policies
Doesn’t increase premium for trips longer than 30 days, meaning it could be one of the more affordable options for a long trip
Some plans include free coverage for children 17 and under
Concierge included with some plans
Cons
Coverage for medical emergency is lower than some competitors’ policies
Plans don’t include coverage contact sports and high-altitude activities
Allianz Travel Insurance
review
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Product Details
Single and multi-trip plans available
Trip cancellation and interruption coverage starting at up to $10,000 (higher limits with more expensive plans)
Preexisting medical condition coverage available with some plans
Get quotes
compare policies and rates with SquareMouth Travel Insurance
Insider’s Rating
3.83/5
Perks
N/A
AM Best Financial Strength Rating
A-
Pros
Coverage for 200+ activities like skiing, surfing, and rock climbing
Only two plans to choose from, making it simple to find the right option
You can purchase coverage even after your trip has started
Cons
If your trip costs more than $10,000, you may want to choose other insurance because trip protection is capped at up to $10,000 (for the Explorer plan)
Doesn’t offer coverage for travelers older than 70
No Cancel for Any Reason (CFAR) option
World Nomads Travel Insurance
review
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Product Details
Coverage for 150+ activities and sports
2 plans: Standard and Explorer
Trip protection for up to $10,000
Emergency medical insurance of up to $100,000
Emergency evacuation coverage for up to $500,000
Coverage to protect your items (up to $3,000)
Get quotes
compare policies and rates with SquareMouth Travel Insurance
Insider’s Rating
3.33/5
AM Best Financial Strength Rating
A
Pros
Offers 2 major plans including CFAR coverage on the more expensive option
Cancellation for job loss included as a covered reason for trip cancellation/interruption (does not require CFAR coverage to qualify)
Frequent traveler reward included in both policies
Up to $1 million in medical evacuation coverage available
Cons
Medical coverage is only $100,000
Reviews on claims processing indicate ongoing issues
C&F Travel Insured
review
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Product Details
C&F’s Travel Insured policies allow travelers customize travel insurance to fit their specific needs. Frequent travelers may benefit from purchasing an annual travel insurance plan, then adding on CFAR coverage for any portions of travel that may incur greater risk.
Get quotes
compare policies and rates with SquareMouth Travel Insurance
Insider’s Rating
4.33/5
Perks
Trip cancellation coverage for up to 100% of the trip cost and trip interruption coverage for up to 150% of the trip cost
Pros
Options to cover sports equipment
Option to increase medical coverage
Can cancel up to 48 hours before travel when CFAR option is purchased
Affordable coverage for budget-conscious travelers
Includes generous baggage delay, loss and trip delay coverage
Optional “adventure sports” bundle available for riskier activities
Cons
Only two insurance plans to choose from
Medical coverage maximum is low at up to $50,000 per person
Pricier than some competitors with lower coverage ceilings
Some competitors offer higher medical emergency coverage
Insider’s Take
Travelex travel insurance is one of the largest travel insurance providers in the US providing domestic and international coverage options. It offers a basic, select, and America option. Read on to learn more.
Travelex Travel Insurance
review
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Product Details
Optional CFAR insurance available with the Travel Select plan
Trip delay insurance starting at $500 with the Travel Basic plan
Emergency medical and dental coverage starting at $15,000
Get quotes
compare policies and rates with SquareMouth Travel Insurance
Insider’s Rating
4/5
Pros
Diverse coverage options such as CFAR, optional sports equipment coverage, etc.
Available in all 50 states
Cons
Prices are higher than many competitors
Reviews around claims processing are mixed
Seven Corners travel insurance
review
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Product Details
Trip cancellation insurance of up to 100% of the trip cost
Trip interruption insurance of up to 150% of the trip cost
Cancel for any reason (CFAR) insurance available
Allianz Travel Insurance offers the ultimate customizable coverage for international trips, whether you’re a frequent jetsetter or an occasional traveler. You can choose from an a la carte of single or multi-trip plans, as well as add-ons, including rental car damage, cancel for any reason (CFAR), adventure sport, and business travel coverage.
The icing on the cake is the highly-rated mobile app, which has a 4.7 out of 5 rating from over 1,800 reviews on Google Play and a 4.8 out of 5 rating from over 13,000 reviews on the Apple Store. So, you can rest easy knowing that you can access your policy and file claims anywhere in the world without a hassle. And with affordable pricing compared to competitors, Allianz is a budget-friendly choice for your international travel insurance needs.
Allianz travel insurance review
Best International Travel Insurance for Exotic Trips: World Nomads Travel Insurance
World Nomads Travel Insurance offers coverage for over 150 specific activities, so you can focus on the adventure without worrying about gaps in your coverage.
You can select its budget-friendly standard plan, starting at $79. Or if you’re an adrenaline junkie seeking more thrills, you can opt for the World Nomads’ Explorer plan for $120, which includes extra sports like skydiving, scuba diving, and heli-skiing. And World Nomads offers 24/7 assistance, so you can confidently travel abroad, knowing that help is just a phone call away.
World Nomads travel insurance review
Best International Travel Insurance for Trip Interruption:C&F Travel Insured Travel Insurance
C&F Travel Insured offers 100% coverage for trip cancellation, up to 150% for trip interruption, and reimbursement for up to 75% of your non-refundable travel costs with select plans. This means you don’t have to worry about losing your hard-earned money on non-refundable travel costs if your trip ends prematurely.
Travel Insured also stands out for its extensive “reasons for cancellation” coverage. Unlike many insurers, the company covers hurricane warnings from the National Oceanic and Atmospheric Administration (NOAA).
Travel Insured review
Best International Travel Insurance for Family Coverage: Travelex Travel Insurance
Travelex Travel Insurance offers coverage for your whole crew, perfect for when you’re planning a family trip. Its family plan insures all your children 17 and under at no additional cost. The travel insurance provider also offers add-ons like adventure sports and car rental collision coverage to protect your family under any circumstance. Got pets? With Travelex’s Travel Select plan, you can also get coverage for your furry friend’s emergency medical and transportation expenses.
Travelex insurance review
Best International Travel Insurance for Long Trips: Seven Corners Travel Insurance
Seven Corners Travel Insurance offers specialized coverage that the standard short-term travel insurance policy won’t provide, which is helpful if you’re embarking on a long-term trip. You can choose from several plans, including the Annual Multi-Trip plan, which provides medical coverage for multiple international trips for up to 364 days. This policy also offers COVID-19 medical and evacuation coverage up to $1 million.
You also get the added benefit of incidental expense coverage. This policy will cover remote health-related services and information, treatment of injury or illness, and live consultations via telecommunication.
Seven Corners travel insurance review
How to Find the Right International Travel Insurance Company for You
Different travelers and trips require different types of insurance coverage. So, consider these tips if you’re in the market to insure your trip.
Determine your needs
Consider the nature of your travel (leisure, business, or adventure) and the associated risks (medical emergencies, trip cancellations, etc.).
Determine your budget and the amount of coverage you require.
Consider the duration of your trip and the countries you’ll be visiting, as some policies won’t cover specific destinations.
Research the reputation of the company
Look for the company’s reviews and ratings from reputable sources like consumer advocacy groups and independent website reviews.
Check the provider’s financial stability and credit ratings to ensure it can pay out claims reliably.
Investigate the company’s claims process to ensure it can provide timely support if you need to file a claim.
Compare prices
Get quotes from multiple providers to compare rates and coverage options.
See if the company provides discounts or special offers to lower your cost.
Look at the deductible or any out-of-pocket expenses you may have to pay if you file a claim to determine if you can afford it.
Understanding International Travel Insurance Coverage Options
Travel insurance can be confusing, but we’re here to simplify it for you. We’ll break down the industry’s jargon to help you understand what travel insurance covers to help you decide what your policy needs. Bear in mind that exclusions and limitations for your age and destination may apply.
Travel insurance coverage type
What is it?
Medical coverage
Coverage for medical expenses, emergency medical evacuation, and repatriation of remains
Trip cancellation and interruption coverage
Reimburses you for non-refundable prepaid expenses if you have to cancel or interrupt your trip due to a covered event
Baggage coverage
Coverage for lost, stolen, or damaged personal items during your trip
Travel delay coverage
Compensates you for expenses related to trip delays such as meals, lodging, and other accommodations
Emergency assistance services
Get 24/7 emergency assistance services like medical and travel assistance or concierge services
Pre-existing medical conditions coverage
Medical coverage for conditions diagnosed before you purchased your policy
Hazardous activities coverage
Coverage for high risk activities like extreme sports or adventure activities
Coverage limits
The amount of coverage you’ll receive for each category in your policy
Deductible
How much you’ll pay before you receive compensation for your claim
Finding the Best Price for International Travel Insurance
Your policy cost will depend on several factors, such as the length of your trip, destination, coverage limits, and age. Typically, a comprehensive policy includes travel cancellation coverage costs between 5% and 10% of your total trip cost.
If you’re planning an international trip that costs $4,500, you can expect to pay anywhere from $225 to $450 for your policy. Comparing quotes from multiple providers can help you find a budget-friendly travel insurance policy that meets your needs.
International Travel Insurance Tips
Who is the best company to get international travel insurance?
International travel insurance needs vary depending on your individual situation, including your destination and budget. Popular options include Allianz Travel Insurance, World Nomads, and Travel Guard.
Is international health insurance the same as travel insurance?
International health insurance and travel insurance serve different purposes. While both may cover medical expenses, international health insurance provides long-term health insurance for working abroad. Meanwhile, travel insurance offers short-term coverage for the duration of your trip.
What insurance do you need for international travel?
Typically, your regular medical insurance won’t cover travelling abroad, so you’ll want to make sure you have adequate travel medical insurance. Depending on your plans, you may want to purchase additional coverage, such as cancel for any reason insurance and activity insurance if you’re planning on doing anything adventurous like bungee jumping.
Should you get travel insurance for international travel?
It’s a good idea to get travel insurance, especially for an international trip, because it’s generally more expensive than traveling domestically and having coverage for travel delays and more can provide peace of mind.
Why You Should Trust Us: How We Chose the Best International Travel Insurance Companies
We ranked and assigned superlatives to the best foreign travel insurance companies based on our insurance rating methodology. It focuses on several key factors, including:
Policy types: We analyzed company offerings such as coverage levels, exclusions, and policy upgrades, taking note of providers that offer a range of travel-related issues beyond the standard coverages.
Affordability: We recognize that cheap premiums don’t necessarily equate to sufficient coverage. So, we seek providers that offer competitive rates with comprehensive policies and quality customer service. We also call out any discounts or special offers available.
Flexibility: Travel insurance isn’t one-size-fits-all. We highlight providers that offer a wide array of coverage options, including single-trip, multi-trip, and long-term policies.
Claims handling: The claims process should be pain-free for policyholders. We seek providers that offer a streamlined process via online claims filing and a track record of handling claims fairly and efficiently.
Quality customer service: Good customer service is as important as affordability and policy customizability. We highlight companies that offer 24/7 assistance and have a strong record of customer service responsiveness.
We consult user feedback and reviews to determine how each company fares in each category. We also check the provider’s financial rating and volume of complaints via third-party rating agencies.
Evelyn He
Compliance Associate
Evelyn He is a compliance associate at Business Insider who supports the Personal Finance Insider team. Personal Finance Insider is Business Insider’s personal finance section that incorporates affiliate and commerce partnerships into the news, insights, and advice about money that Business Insider readers already know and love.The compliance team’s mission is to provide readers with stories that are fact-checked and current, so they can make informed financial decisions. The team also works to minimize risk for partners by making sure language is clear, precise, and fully compliant with regulatory and partner marketing guidelines that align with the editorial team.Before joining Business Insider, she served in various legal and compliance roles in different industries, including the legal and pharmaceutical industries. Evelyn obtained her M.S. degree in Marketing at Boston University in 2022. Prior to combining and consolidating her knowledge of law and business, she spent one year finishing 1L courses at Suffolk University Law School to further her legal knowledge. She has also completed MBA business law courses while working on her Bachelor of Business Administration in Management at the University of Massachusetts, Amherst. Outside of work, she enjoys spending time with her 14-year-old Shih Tzu named Money, and her 5-year-old Bichon named Tibber.
George Barham, an accomplished journalist and avid gambling enthusiast, serves as the esteemed Editor-in-Chief at fly-to-australia.com, Australia’s leading source for comprehensive gambling news and insights. With an unwavering passion for both the written word and the ever-evolving world of betting and gaming, George brings a wealth of knowledge and expertise to the helm of our editorial team.