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Travelex Travel Insurance Review


ConsumersAdvocate.org Rating: 4.1 / 5 (Excellent)
9 Customer Comments & Reviews - see all comments
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Travelex Insurance Services has been a leading provider of travel insurance in the United States for more than 25 years. As a premier partner to the travel industry, Travelex offers a diverse array of products designed to help travelers create and protect the moments that matter most while they explore the world. The company offers customizable protection, including trip cancellation, medical, and medical evacuation. Travelex’s Ultimate plan may provide coverage for children under 17 at no additional cost when traveling with a covered adult. The company has an A+ rating with the BBB.

How is Travelex rated?

Breakdown

4.0/5
Coverage
4.0/5
Extra Benefits
4.1/5
Financial Strength
4.2/5
Price & Reputation

Overall Rating: 4.1 / 5 (Excellent)

Backed by their vast industry experience and outstanding reputation for delivering quality 24/7 customer support, Travelex is a leading provider of comprehensive travel insurance policies and travel assistance services.

This company scores highly with us for having high customer service ratings, a minimal number of complaints, and some of the most comprehensive travel insurance policies available. Owned by Zurich, Travelex remains a trusted insurance provider offering products from financially sound underwriters such as Zurich, Berkshire Hathaway, and Old Republic.

Travelers looking for superior customer support through every stage of their trip and customizable coverages are sure to find Travelex an option worth considering.

Travelex Plans & Coverage

Coverage - 4 / 5

Travelex offers two levels of customizable travel protection through their Ultimate and Advantage plans. Their Advantage plan covers trip cancellations, delays, and interruptions, as well as medical expenses incurred while traveling. It can be upgraded to include coverage for car rental and flight accidents.

The Ultimate plan automatically includes a pre-existing medical exclusion waiver and financial default coverage if you purchase the plan within 15 days of the initial trip deposit, insure your full trip cost, and are medically fit to travel at the time of purchase. This plan also features coverage for children ages 17 and under with family-friendly pricing. Ultimate provides even more protection with upgrades such as a "cancel for any reason" benefit, additional sports and medical coverage, car rental collision coverage, and even flight accidental death and dismemberment coverage.

For those wanting added security and reassurance during long-distance flights, Travelex extends two types of flight insurance plans that are flexible and affordable, and which protect against common mishaps, like travel delays, missed connections, and even in-flight accidents.
Available Plans
Comprehensive
Trip Cancelation/ Interruption
Medical
Baggage
Accidental Death
Trip Cancellation/Interruption Coverage
Injury/Illness/Death of Traveler
Injury/Illness/Death of Non Traveling Family Member
Natural Disaster at Destination
Tour Operator/Airline/Cruise Line Ceases Operation
Terrorism/Evacuation at Destination
Victim of Crime Prior to Trip
Theft of Passport Prior to Trip
CFAR Coverage (Cancel for Any Reason)
Emergency Medical and Emergency Transportation Coverage
Doctor, Hospital, or Other Licensed Provider
Dental
Emergency Medical Evacuation/Repatriation
Transport Family Member to Bedside
Transport Children Home
Baggage Coverage
Lost/Damaged/Stolen
Baggage Delay Coverage

Emergency Medical Coverage Details

Emergency Medical Pre-Existing Condition Coverage
Maximum Emergency Medical Reimbursement
$50,000
Maximum Emergency Medical Evacuation Reimbursement
$500,000
Deductible for Emergency Medical Coverage

Baggage Coverage Details

Maximum Baggage Reimbursement
$2,000
Receipts Required for Valuable items

Travelex Financial Strength

Financial Strength - 4.1 / 5

Travelex is now owned by Zurich North America, a publicly held organization based in Switzerland.

Zurich provides insurance products across Europe, North America, Latin America, and Asia Pacific. Financial strength ratings for the company have been consistently strong. Zurich's creditworthiness and claims-paying ability look to remain strong in the future.
Underwriter
Zurich North America
Standard & Poor's Financial Rating
AA
Moody's Financial Rating
Aa3
AM Best Financial Rating
A+

Travelex Price & Reputation

Price & Reputation - 4.2 / 5

Travelex has been accredited by the Better Business Bureau since 2012 and maintains an A+ rating with the organization.

The company has received over 76% favorable customer reviews on Truspilot.com, where they hold an 4.5 out of 5 (Great) TrustScore. Further evidencing the company's reputability are its memberships to the American Society of Travel Agents and the US Travel Insurance Association.
BBB Rating
A+
Number of BBB Positive Reviews
0
Number of BBB Negative Reviews
0
Date Collected
2023-03-21

Travelex Customer Assistance Services

Extra Benefits - 4 / 5

Travelex's Ultimate plan offers 24/7 assistance services before and during trips, as well as concierge services that include "nurse assist" and help with medical emergencies, lost documents or baggage, ticketing services, business services, and more.

The company has also developed a mobile application for iOS and Android phones that allows travelers to initiate claims and upload related documentation quickly and easily. Those wanting further plan and benefits details can request a free, no-obligation quote on Travelex's website.
24/7 Support
Mobile App

Travel Assistance Services

  • Lost Baggage Search
  • Lost Passport/Document Assistance
  • Emergency Cash
  • Translation Services
  • Up to the Minute Travel Advisories
  • Legal Assistance Referral
  • Roadside Assistance

Emergency Medical Assistance Services

  • Physician Referral
  • Emergency Medical Case Management
  • Arrange Medical Payment Where Available
  • Emergency Prescription Replacement
  • Update Family at Home
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2 More

Concierge Assistance Services

  • Restaurant/Event Referral and Reservation
  • Weather Advisories
  • Wireless Device Assistance
  • Gift Delivery
Display Less
1 More

Homepage URL
Company Phone
(800) 228-9792
Headquarters Address
810 N 96th St, Suite 300, Omaha, NE, 68114

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9 Customer Comments & Reviews

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maripez70
9/21/2020
Due to the Corona Virus, i was not able to travel, i called them to cancel my Trip and have them cover my out of pocket, and they said they would not. I think since the corona virus was out of my hands the policy should have cover me. I will never ever buy insurance, and to tell you the truth i will never do business with this company ever again!!!!


J
John W
8/24/2020
As a result of a pre-existing condition and Covid-19 My wife and I were forced to cancel our 50th anniversary trip to Italy. We had purchased a traveler policy for the trip for a premium of over $4,000. The policy was issued through our travel agent New Canaan World travel. We have lost $32,000 (deposit on our rental in Italy). Travelex has refused to provide a refund. No one advised us that pandemics were not covered.. I would never use these”bums” again.


ngocdaonguyenmn
7/7/2020
I canceled my flight to Paris May 25,2020 because Coronavirus. Travelex sent me the plane ticket after I called them. Thanks!!!


Ella R
5/5/2020
I always buy travel insurance when we are going on vacation. In May 2019 we went to Ukraine, Odessa ( we are originally from over there) and Europe. On the 3rd day I feel and broke my elbow. Went to ER they put cast and told that I need an operation due to displaced fracture. Call to my daughter to USA and she trying to do evacuation plan to bring me back home. And you what they did not do anything to bring me back home. And we have to continue our vacation and come home as should. Terrible service. Thank god I did not have complications with surgery. But people think before buying Travelex insurance.


tracycox10
10/3/2019
We purchased travleex insurance for our July 2019 trip to the Mediterranean. Our flight was cancelled on our way back to the US from Athens, Greece. Travelex did not cover our cancelled flight replacement tickets. The claims representative said it was because it did not fall under trip cancellation but trip delay. When we called the emergency travelex number from our hotel in Athens the representative said book the last minute flight it would be covered. People beware if you have a cancelled flight it will not be covered under trip cancellation. Our replacement tickets were 8,000 because we booked last minute. I will never use the insurance again!


D
Dale S
8/13/2019
TRAVELEX paid a $650 medical claim immediately. Got a sore throat and cold on a cruise ship in Asia. TRAVELEX not only paid the medical bill, but also reimbursed me for a $160 shore excursion I missed. They could not have been nicer or more efficient. We travel a lot and always use them. You should too.


E
Elan
12/4/2018
Used to be a terrific company, but they've recently changed and now ask for TRANSLATED COPIES OF DOCTOR'S DIAGNOSIS, credit card statements, and other hoops and hurdles they've never asked for before. Also, they insist on online claim filing, but take WEEKS to respond to you to tell you they need something more than they asked for last time. I used to be able to send my hard copies of my receipts and Travelex would take care of the rest. I have never been asked to get a copy of my doctor's diagnosis, and have never had to translate them. Also, some countries don't have scanners in doctor's offices, and a regular American does not have a FAX machine. Honestly, not worth the trouble. Buying... Read More


Annette W
10/4/2018
Disgusted by their failure to fulfill promise . Don"t waste your money In my opinion, they are frauds. My group will never use them again. Lost a bunch of customers.


J
Jacqueline Y
2/5/2018
Could you confirm we have travel insurance? Primary traveler is Jacqueline Yockey and confirmation is TTB482470. Ten travelers total. Have we paid in full? Can we add on any additional travelers from Kentucky? How about from out of state? Our group consists of about 50 passengers going on the same tour but from different states. Thank you in advance, Jacqueline Yockey



Our Partner
  • 28 covered reasons for trip cancellation/trip interruption
  • Customizable standard & comprehensive coverages
  • Up to $1MM for emergency medical evacuation
  • Pre-existing conditions and cancel for any reason coverage available