AMEX: Best for Loss of Frequent Flyer Points and Benefits
Love using your miles and points to pay for travel and/or accommodation? The bad news for air miles redemption fans is that not all travel insurance plans cover the loss of frequent flyer points in case of delayed or cancelled flights. Amex My VoyageGuard travel insurance is one of the few that covers this – benefits range from $5,000 to $20,000 and plans start as low as $15.
Pros:
- Benefit payable for loss of frequent flyer points
- Winter Sports and Golf option
- Benefit payable for alternative travel due to Infectious Disease
Cons:
- No cover for pre-existing medical conditions
- Ski Equipment must be owned by the Insured Person to qualify for Winter Sports benefit payout
- All Golf Equipment must belong, on loan, or entrusted to the Insured Person, and not hired or rented for payout under Golf Cover.
Leave a Reply