Do only travel rewards credit cards offer insurance coverage?

By SmartCoverage Team on March 9th, 2018

Travel reward credit cards can be a god send to those who travel frequently. Not only can you earn travel rewards on purchases, but you can also get travel perks such as complementary travel insurance. But, it is only those with travel reward cards who can reap the benefits, or are there non-travel cards out there that also offer travel coverage? Let’s have a look and find out.

Check your card

Travel insurance is not reserved just for travel rewards cards, plenty of other credit cards on the market offer some level of travel coverage. The aspect of travel coverage may not be always be advertised if it is not the main perk of the card, so you may need to look a little further than the surface to find out. The best way to know what sort of benefits your card offers is to speak to your credit representative. They will be able to break down what it is your card has to offer, and how best to utilize those benefits.

If you have yet to commit to a credit card, but you are looking for one that offers travel rewards and coverage, it is best to look at some online comparisons. There are sites out there that are dedicated to breaking down the benefits of various credit cards, to help you find the one best for your needs.

Read the fine print

When leaning on your credit card for travel insurance, it is imperative that you read the fine print. Some cards may offer a wide array of insurance options, ensuring that you are fully covered for your trip, while others will only offer limited or partial coverage. Even if your card advertises that it offers complete travel coverage, you still need to double check. Sometimes there may be caps on the dollar amount of coverage allotted, or restrictions as to trip destination or length.

Aside for ensuring you have the proper coverage you’ll need for your trip, reading the fine print may also lead to additional benefits. By taking the time to read that the card truly offers, you may find that you are privy to discounts on certain car rentals and hotels, or even benefits at various airports.

When to get additional coverage

If after reading the fine print, and you realize that your credit card’s coverage may not be enough, you will have to turn to more traditional travel insurance to fill in the gaps.

To find cheap travel insurance, it is best to utilize an online quoting tool and shop around. Doing so will allow you to find the best price for the coverage that you need for your upcoming out of province adventures!

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