Bank Of America Travel Credit Card Travel Insurance
Bank of America, one of the largest banks in the United States, offers several credit cards that come with travel insurance. If you are a frequent traveler, it's worth considering getting a travel credit card to take advantage of the benefits it offers, including travel insurance. In this article, we will discuss Bank of America travel credit card travel insurance and what it covers.
Bank of America Travel Credit Cards With Travel Insurance
Bank of America offers two travel credit cards – the Bank of America® Travel Rewards credit card and the Bank of America® Premium Rewards® credit card. Both credit cards come with travel insurance benefits that can help protect you and your trip when unexpected events occur.
The Bank of America® Travel Rewards credit card offers basic travel insurance, while the Bank of America® Premium Rewards® credit card offers more extensive travel insurance coverage. Below, we will discuss the travel insurance benefits of each credit card.
Bank of America® Travel Rewards Credit Card Travel Insurance Benefits
The Bank of America® Travel Rewards credit card offers the following travel insurance benefits:
- Trip Cancellation/Interruption Insurance – This coverage can reimburse you for non-refundable expenses up to $1,500 per person and $6,000 per trip if your trip is canceled or interrupted due to a covered reason.
- Auto Rental Collision Damage Waiver – This coverage can provide collision and theft coverage for rental cars up to the actual cash value of the vehicle.
- Travel Accident Insurance – This coverage can provide accidental death and dismemberment coverage while traveling by common carrier (airline, bus, train, cruise ship).
All these benefits are subject to terms, conditions, and exclusions. For example, the trip cancellation/interruption insurance covers only eligible reasons such as a covered illness, injury, or death of you, a family member, or a traveling companion.
Bank of America® Premium Rewards® Credit Card Travel Insurance Benefits
The Bank of America® Premium Rewards® credit card offers more extensive travel insurance benefits than the Bank of America® Travel Rewards credit card. These benefits include:
- Trip Cancellation/Interruption Insurance – This coverage can reimburse you for non-refundable expenses up to $5,000 per person and $10,000 per trip if your trip is canceled or interrupted due to a covered reason.
- Auto Rental Collision Damage Waiver – This coverage can provide collision and theft coverage for rental cars up to the actual cash value of the vehicle.
- Travel Accident Insurance – This coverage can provide accidental death and dismemberment coverage while traveling by common carrier (airline, bus, train, cruise ship).
- Lost Luggage Reimbursement – This coverage can reimburse you for the cost to repair or replace your lost or damaged luggage and personal property, up to $3,000 per trip.
- Trip Delay Reimbursement – This coverage can reimburse you for reasonable expenses such as meals, lodging, and transportation if your trip is delayed for more than six hours or requires an overnight stay.
- Emergency Evacuation and Transportation Coverage – This coverage can provide up to $100,000 in coverage for emergency medical transportation and evacuation services.
Keep in mind that all these benefits are subject to terms, conditions, and exclusions. For example, the trip cancellation/interruption insurance covers only eligible reasons such as a covered illness, injury, or death of you, a family member, or a traveling companion.
How to Use Bank of America Travel Credit Card Travel Insurance
If you need to use your Bank of America travel credit card travel insurance benefits, you should contact the benefits administrator as soon as possible. You can find the benefits administrator's phone number on the back of your credit card or in your credit card's benefits guide. Be sure to have your credit card number and trip details ready when you call.
The benefits administrator will guide you through the claims process and provide you with the necessary forms and documentation. Keep in mind that you must meet all the eligibility requirements and follow the claims process to have your claim approved.
Final Thoughts
Travel credit cards can be a great option for frequent travelers who want to save money and take advantage of travel benefits such as travel insurance. Bank of America offers two travel credit cards – the Bank of America® Travel Rewards credit card and the Bank of America® Premium Rewards® credit card – that come with travel insurance benefits. Before you choose a travel credit card, make sure to read the terms and conditions carefully and understand the coverage limits and exclusions.
