Amex Platinum Vs Chase Sapphire Reserve Travel Insurance
Travel can be a great stress buster but is not free from risks. It's important to safeguard yourself against any uncertainties that might occur during your trip. Both the Amex Platinum and the Chase Sapphire Reserve travel credit cards offer travel insurance benefits. However, the details of their coverage differ. In this article, we will compare the travel insurance benefits of both the Amex Platinum and Chase Sapphire Reserve cards to help you make an informed decision about which card is best for your needs.
Amex Platinum Travel Insurance
The Amex Platinum card offers comprehensive travel insurance benefits that cover various aspects of travel, including medical emergencies, trip cancellations, and lost or delayed luggage.
Trip Cancellation and Interruption Insurance
If you need to cancel or interrupt your trip due to unforeseen circumstances, the Amex Platinum card reimburses up to $10,000 per person and $20,000 per trip for prepaid expenses such as flights, hotels, and tours. Covered reasons include sickness or injury, severe weather, jury duty, and more. If you miss a connecting flight due to a delay, the card also covers up to $500 for necessary expenses such as meals, accommodations, and transportation.
Emergency Medical and Dental Insurance
If you experience a medical emergency while traveling, the Amex Platinum card provides up to $20,000 in coverage for medical and dental expenses. This benefit also includes emergency medical evacuation and transportation to the nearest appropriate medical facility.
Baggage Insurance Plan
If your luggage is lost, stolen, or damaged during transit, the Amex Platinum card provides up to $3,000 in coverage per passenger. This coverage also includes up to $500 for essential items such as clothing and toiletries if your baggage is delayed for more than six hours.
Car Rental Loss and Damage Insurance
If you rent a car with your Amex Platinum card, you are automatically covered for theft or damage to the rental car. This benefit covers the actual cash value of the vehicle and is secondary to your personal insurance. However, it does not cover liability or injury to other parties.
Chase Sapphire Reserve Travel Insurance
The Chase Sapphire Reserve card also offers robust travel insurance benefits that cover various aspects of travel, including trip cancellations, medical emergencies, and rental car damage.
Trip Cancellation and Interruption Insurance
If you need to cancel or interrupt your trip due to unforeseen circumstances, the Chase Sapphire Reserve card reimburses up to $10,000 per person and $20,000 per trip for prepaid expenses such as flights, hotels, and tours. Covered reasons include severe weather, terrorist incidents, and more. If your trip is delayed for more than six hours, the card also covers up to $500 per ticket for necessary expenses such as meals and accommodations.
Emergency Medical and Dental Insurance
If you experience a medical emergency while traveling, the Chase Sapphire Reserve card provides up to $1,000,000 in coverage for medical and dental expenses. This benefit also includes emergency medical evacuation and transportation to the nearest appropriate medical facility.
Baggage Delay Insurance
If your baggage is delayed for more than six hours, the Chase Sapphire Reserve card provides up to $100 per day for essential items such as clothing and toiletries. This coverage is limited to a maximum of $500 per covered person.
Primary Rental Car Collision Damage Waiver
If you rent a car with your Chase Sapphire Reserve card, you are automatically covered for theft or damage to the rental car. This benefit covers the actual cash value of the vehicle and is primary to your personal insurance, meaning you do not have to involve your personal insurance company in the event of a claim.
Which Card is Best for You?
Both the Amex Platinum and Chase Sapphire Reserve cards offer excellent travel insurance benefits. However, the card that is best for you depends on your travel needs and preferences. If you value high travel rewards and benefits, the Chase Sapphire Reserve card may be a better option for you. The Amex Platinum card, on the other hand, offers more comprehensive travel insurance benefits and may be a better choice if you prioritize travel insurance over rewards.
No matter which card you choose, be sure to read the terms and conditions carefully to understand the coverage and limitations of each benefit. And always remember to use your credit card responsibly while traveling.
