Best Travel Insurance Companies

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The travel insurance industry is very competitive. It provides you with a wide choice of insurers, policy types, tailored coverages, and additional services. We are confident you will be able to find a customized policy that fits your needs and your budget.

We have reviewed our 12 partner affiliates and offer you our in-depth analysis of each one. We break down their policies, summarize their pros and cons, highlight any unique features, and summarize some of their key exclusions.

Our 5-star ranking considers various factors, with significant emphasis on policy flexibility, cancellation options, medical coverage, and logistical support for baggage, trip delays, and missed connections. All listed providers have underwriters with excellent credit ratings.

The competition for your business is fierce. We advise against hastily purchasing the initial travel insurance policy presented by your travel provider, be it an agent, online retailer, or credit card travel booking platform, as it might be overpriced and may not meet your specific coverage needs.

Here are our insurance provider ratings.

Company	Legacy Centric Rating
Trawick	★★★★☆ 4.9
Seven Corners	★★★★☆ 4.8
IMG	★★★★☆ 4.7
AIG	★★★★☆ 4.7
Travelex	★★★★☆ 4.6
Travel Insured	★★★★☆ 4.6
AXA	★★★★☆ 4.5
Aegis	★★★★☆ 4.5
Global Trip Protection	★★★★☆ 4.5
Arch	★★★★☆ 4.4
Generali	★★★★☆ 4.4
John Hancock	★★★★☆ 4.4

Best Overall

★★★★☆ 4.9

Trawick is our number one pick. They have an extensive selection of policies that cater to clients globally. Cancel for any reason and generous medical evacuation coverage are just some of the attractive coverages available on multiple plans. We also like their adventure / sports specialty policy that covers 450+ sports and activities with optional upgrades for things like mountaineering and extreme sports.

Best Customizable

★★★★☆ 4.8

Seven Corners was a very close second place. Their comprehensive plans and medical plans have a great selection of options that can be tailored for your needs. They offer excellent medical coverage limits for accidents and sickness, evacuation, repatriation, and more. The optional medical bundles, and the cancel for any reason and interruption for any reason coverages provide desirable coverages to meet your needs. Their COVID-19 coverage demonstrates their adaptability to a changing market.

Best Medical Coverage

★★★★☆ 4.7

IMG provides plans for single trips, annual coverage, and extendable options, catering to vacationers, individuals working or residing abroad, frequent international travelers, and those with multiple countries of residence. Their all-inclusive plan has multiple tiers including pre-existing condition waivers, pet coverage, excellent medical and optional cancel for any reason and interruption for any reason. Their medical plans have market leading coverage limits with multiple tiers and optional upgrades.

Best For Canadians

★★★★☆ 4.7

AIG policies are offered to Canadian residents (excluding Quebec) for travel abroad. They also have policies for visitors to Canada including those entering with a work visa, student visa, or immigrant. They offer cancel for any reason and pre-existing condition waivers on some tiers. Their exceptional medical coverage is in high demand, along with their provisions for evacuation, return-dependent child benefits, and many other features.

Best Family Friendly

★★★★☆ 4.6

Travelex offers a multi-tiered comprehensive plan with free child coverage. Their early purchase benefit adds coverage for financial default, pre-existing condition waiver, and cancel for work reasons. Upgrade options allow you to add optional cancel for any reason coverage, increase your medical evacuation / repatriation, and more. They also offer a basic medical plan and flight plans that are great for last-minute travel.

Best For Non-Medical Evacuation

★★★★☆ 4.6

Travel Insured stands out for its dual offerings to Americans and Canadians. They offer excellent medical coverage including industry leading limits for medical evacuation, repatriation, AD&D, and more. They also have your covered with optional upgrades for cancel for any reason, cancel for interruption, and cancel for work. Be sure to check out their annual / multi-trip plans if you have various travels pending on the horizon.

Best Straightforward Offering

★★★★☆ 4.5

AXA offers a three-tiered comprehensive plan for U.S. residents. It contains competitive limits across all major risk categories as well as a waiver for pre-existing conditions. Cancel for any reason is a valuable upgrade on their Platinum tier. We like their additional sports benefits for rentals, lost skier days, and lost rounds of golf. They also provide concierge services to assist you with your travel needs.

Best Claims Out-of-Pocket

★★★★☆ 4.5

Aegis provides a diverse selection of policy choices. Whether you opt for a basic trip cancellation policy or explore their premium plans encompassing medical coverage, cancelation for any reason, baggage, car rental, and additional features. Aegis also introduces unique plans such as Pandemic Plus, Cruise, and Vacation Rental. For those planning more frequent travel, their annual/multi-trip plans ensure comprehensive coverage.

Additionally, they incorporate the Stress Less benefit, which could potentially exempt you from making out-of-pocket payments for claims-related expenses, thus bypassing the claims reimbursement procedure.

Best Group Travel

★★★★☆ 4.5

Global Trip Protection plans are underwritten by Arch Insurance Company (see below) and are designed for groups of 10 or more travelers. They offer two plans with options for cancel for any reason, sporting equipment, and more. Student plans are also available if >80% of the group are less than 35 years old. They also provide additional travel assistance and concierge services.

Best Flexible Basic Coverage

★★★★☆ 4.4

The Arch RoamRight all-inclusive plan provides three tiers, decent coverage, and optional upgrades.  They offer waivers for pre-existing conditions, free child coverage, and cancel for work coverage; unfortunately, they do not offer cancel for any reason. We also like the fact that they offer an all-inclusive tiered annual plan and a stand-alone medical plan.

Best Basic Coverage for Pets

★★★★☆ 4.4

Generali presents an all-inclusive three-tiered plan featuring decent coverage, particularly notable for its medical evacuation and repatriation limits. The plan includes options for a pre-existing condition waiver, and cancelation for any reason (albeit with only 60% coverage). Notably, they do not provide annual/multi-trip plans or standalone medical plans. We appreciate their COVID-19 coverage and the inclusion of out-of-pocket medical expense assistance. Additionally, Generali offers a range of services such as travel assistance, medical assistance, concierge, and identity theft protection.

Best for Seniors

★★★★☆ 4.4

John Hancock is a subsidiary of Manulife and offers an all-inclusive three-tiered plan. You have the option to include a waiver for pre-existing conditions, cancel for any reason, enhanced AD&D coverage, and more. The limits for medical evacuation and repatriation are attractive. They do not provide annual/multi-trip plans or a standalone medical plan. They also offer 24/7 emergency assistance.          

FINAL THOUGHTS

In a competitive travel insurance landscape, the array of options can be overwhelming, but our in-depth analysis of 12 top providers aims to simplify your decision-making process. As you navigate through our detailed rankings, consider your unique needs and preferences.

Whether you prioritize comprehensive medical coverage, flexibility in cancellation options, or specialized features like coverage for adventure travel and extreme sports, each provider excels in specific aspects.

Take the time to tailor your choice based on our insights, ensuring that your selected plan not only meets your budget but also aligns seamlessly with your individual travel requirements.

Safe travels!