Bank Of America Preferred Rewards Credit Card Travel Insurance
Bank of America offers a range of credit cards with different benefits, including travel rewards credit cards. The Preferred Rewards Credit Card is one such card that comes with a host of benefits, including travel insurance. This article will explore the travel insurance offered by the Bank of America Preferred Rewards Credit Card.
What is the Bank of America Preferred Rewards Credit Card?
The Bank of America Preferred Rewards Credit Card is a travel rewards credit card that offers points for every purchase. These points can be redeemed for travel rewards such as flights, hotel stays, and car rentals. In addition to travel rewards, the card also comes with travel insurance benefits.
What is Travel Insurance?
Travel insurance is a type of insurance that provides coverage for certain losses that may occur during travel. These losses may include trip cancellation, trip interruption, lost or damaged luggage, emergency medical expenses, and more. Travel insurance provides peace of mind for travelers and can help them avoid financial losses in case of unforeseen events.
What Travel Insurance Does Bank Of America Preferred Rewards Credit Card Offer?
The Bank of America Preferred Rewards Credit Card offers a range of travel insurance benefits that are designed to provide coverage for common travel-related losses. These benefits include:
Trip Cancellation and Interruption
If your trip is canceled or interrupted due to covered reasons such as illness, injury, or severe weather, Bank of America's travel insurance will reimburse you for non-refundable expenses such as flights, hotels, and tours. The coverage limit is $5,000 per person per trip.
Baggage Delay Insurance
If your checked baggage is delayed for more than 6 hours, Bank of America's travel insurance will reimburse you for essential items such as toiletries and clothing. The coverage limit is $100 per day for up to 3 days.
Lost or Stolen Luggage Insurance
If your checked or carry-on luggage is lost or stolen during your trip, Bank of America's travel insurance will reimburse you for the value of the lost items. The coverage limit is $3,000 per person per trip.
Emergency Medical and Dental Benefits
If you become ill or injured during your trip, Bank of America's travel insurance will provide coverage for emergency medical and dental expenses. The coverage limit is $2,500 per person per trip.
Emergency Evacuation and Transportation Coverage
If you need emergency medical transportation during your trip, Bank of America's travel insurance will provide coverage for the cost of transportation. The coverage limit is $10,000 per person per trip.
How to Qualify for Bank Of America Preferred Rewards Credit Card Travel Insurance?
To qualify for the travel insurance offered by the Bank of America Preferred Rewards Credit Card, you need to pay for your travel expenses using your credit card. The coverage applies to trips that are either fully or partially paid for with the card. It is important to note that not all travel expenses are covered under the insurance, and there are restrictions and exclusions that apply.
Conclusion
The Bank of America Preferred Rewards Credit Card offers a range of travel insurance benefits that can provide peace of mind for travelers. The benefits include coverage for trip cancellation and interruption, baggage delay, lost or stolen luggage, emergency medical and dental expenses, and emergency evacuation and transportation. To qualify for the coverage, you need to pay for your travel expenses using the card. While the insurance provides valuable protection, it is important to read the terms and conditions carefully to understand the coverage limits, restrictions, and exclusions.