AIG Travel Insurance Reviews
AIG Travel Insurance is the premier provider of travel insurance in the US. It offers a variety of coverage options, including trip cancellation, Baggage, and personal effects coverage, rental vehicle damage, and emergency medical evacuation. In addition, it offers several benefits for people with preexisting conditions, such as preexisting condition exclusion waivers.
Trip cancellation coverage
If you’re considering travel insurance, consider trip cancellation coverage benefits. It will pay off your travel bills in case of a cancellation, and if you need to cancel, your policy will pay out up to 50% of your trip’s cost. This coverage may be optional, but you should still buy it early, ideally 15 days before departure.
Trip cancellation benefits provide financial assistance if you are forced to cancel your trip due to illness, injury, or the death of a family member. However, it would help if you remembered that the coverage is not a miracle cure. Claims are often denied for some reason. The insurance provider may refuse to pay for your trip if you cite these common reasons.
Another benefit is Trip Exchange coverage, which allows you to exchange your trip for another. If your trip is canceled for any reason, it can cost you hundreds of dollars. AIG Travel Guard Preferred’s Trip Exchange coverage is helpful for travelers who need to start their trip sooner than scheduled. If your trip is delayed by more than twelve hours, the insurance will pay you up to $200 daily. It also covers delayed Baggage.
Baggage and personal effects coverage
AIG Travel Insurance is the perfect option for travelers who want to protect their airline ticket investment. AIG’s insurance policies provide various benefits for travelers, including baggage and personal effects coverage. In addition, these plans cover any mishap that results in loss or damage to your belongings. They also include a wide variety of add-ons.
The company offers three travel insurance plans: annual, Pack N’ Go, and single-trip. Each plan offers different levels of baggage and personal effects coverage. You can choose which level you need depending on your itinerary and how much reimbursement you want to receive. In addition, you can visit the company’s website to find the right level of coverage for your specific needs.
AIG’s Travel Guard is an industry leader with a long history. This insurance program offers three coverage plans with different limits and deductibles. Its policy limits for Baggage are higher than some competitors, but they are in line with industry standards. Moreover, AIG Travel Guard offers comprehensive insurance for business and leisure travelers and has a global presence.
Rental vehicle damage coverage
Rental vehicle damage coverage is integral to the comprehensive travel insurance plan AIG Travel Insurance offers. It pays out a predetermined amount if you damage a rental vehicle. The policy may also offer other add-ons. However, some are optional, and others are unavailable on all plans.
Some rental car insurance plans cover collisions, vandalism, weather, and fire damage. In addition, they also cover rental charges while the vehicle is being repaired. However, some policies do not cover damages to other cars or people. Furthermore, some policies may not cover stolen or damaged rental cars.
Some European rental car companies offer introductory rates, including collision and theft coverage. However, it is essential to note that this coverage only applies if the cardholder and the other driver are listed on the rental contract. In addition, the credit card used for the reservation and the rental car payment must also be listed on the rental agreement. Finally, it is essential to note that switching cards can invalidate your policy.
Preexisting condition exclusion waiver
When choosing travel insurance, look for a preexisting condition exclusion waiver policy. This option is often available for a minimal cost and is excellent for people with preexisting conditions. In addition to the waiver, many travel insurance policies also cover certain medical expenses that a separate policy would otherwise cover.
When choosing a travel insurance plan, read the fine print carefully to see if the policy includes this feature. Unfortunately, most travel insurance plans do not include coverage for preexisting conditions by default. Some companies may allow you to add a waiver, but you may have to pay a higher premium.
The preexisting condition exclusion waiver is essential because it will prevent your travel insurance company from paying for your preexisting medical condition expenses. It can also help your family members because you don’t always know if a family member has a medical condition.