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Compare Allianz Global Assistance vs. Travelex Travel Insurance

What’s the difference between Allianz Global Assistance Travel Insurance and Travelex Travel Insurance? See how our editors compare the two companies below.
Last Updated: March 16, 2025
Allianz Global Assistance
4.0 / 5 - Very good
#6 in Travel Insurance
Travelex Travel Insurance
4.1 / 5 - Excellent
#5 in Travel Insurance
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Key Facts

  • Medical Emergency, Lost Baggage, Trip Delays & more
  • Annual, Single/Multi-Trip & Cruise Insurance
  • Rental Cars, Theft & Cancel Anytime Coverage
  • Voted Best Insurance Provider by Travel Weekly 7 Years In a Row
  • 28 Covered Reasons for Trip Cancellation/Interruption
  • Customizable Standard & Comprehensive Plans
  • Up to $1MM for Emergency Medical Evacuation
  • Cancel for Any Reason Coverage Available

ConsumersAdvocate.org Ratings

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

Customer Reviews

 (56)
2.2 / 10 - Poor
4%
5 stars
0%
4 stars
0%
3 stars
7%
2 stars
89%
1 stars
 (9)
4.4 / 10 - Average
33%
5 stars
0%
4 stars
0%
3 stars
0%
2 stars
67%
1 stars

Final Verdict

Travelex Travel Insurance and Allianz Global Assistance Travel Insurance are very close in quality and have the same overall rating. That said, Travelex scores better than Allianz Global Assistance across: Financial Strength, and Price & Reputation. Both companies score similarly on Coverage, and Extra Benefits.


Customer Comments & Reviews

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


D
Dale S
8/13/2019
Travelex Travel Insurance review
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.


Patricia M
4/20/2019
Allianz Global Assistance Travel Insurance review
I had to cancel a trip for medical issues and after sending the appropriate paperwork they promptly paid.


J
Jane
4/12/2018
Allianz Global Assistance Travel Insurance review
We bought travel insurance prior to a 6 week trip to Indonesia. We are Sr citizens (age 71 and 68). During our time in Bali my husband had to go to the hospital. We filed our claim upon return 5/24. We received our reimbusement within 2 weeks for our medical expenses. I am so grateful we decided to buy travel insurance and I definitely would recommend Alliance.


J
Jacqueline Y
2/5/2018
Travelex Travel Insurance review
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