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What You Need to Know about Chase Sapphire Reserve Travel Insurance

chase sapphire reserve card

The Chase Sapphire Reserve credit card comes with some of the best traveler's insurance in the industry. It covers a variety of travel situations which could arise. Anything can happen to spoil travel plans such as a medical emergency, a vehicle accident on a rental car, changes in travel plans requiring cancellation or the need to make other travel arrangements. If you don't have insurance that offers the right kind of coverage, it could end up costing you hundreds or even thousands in out of pocket expenses. If you're looking for a credit card that offers the ultimate in this type of coverage, here are the details about the Chase Sapphire Reserve insurance that lead us to recommend it as one of the top choices.

What kinds of coverage does the Chase Sapphire Reserve card offer?

The Chase Sapphire Reserve Credit Card offers the best travel insurance available according to Award Wallet. You can check out their website at the address above to obtain a complete copy of the travel benefits that goes into the smallest details, but we've put together an overview of the most important information in summary form to let you know about the most important facts about Chase Sapphire Reserve travel insurance. When we say the best, we mean the most comprehensive coverage for up to $1 million in travel accident insurance, $3,000 for lost luggage, and $10,000 for trip cancellations. Here is a more detailed breakdown.

Trip interruptions or cancellation

If your trip needs to be cancelled the insurance pays you to to $10,000 and if it is delayed the reimbursement offered is up to $500 for each ticket purchased with the card. You may also qualify for necessary travel expenses if the delay is 6 hours or longer. Even if your tip is interrupted by a natural disaster such as a hurricane, causing you to cancel or delay out of necessity, you are covered for the fees it costs to reschedule your travel dates. You and your family are all covered for meals and lodging that adds unforeseen expenses as a result of the delay or cancellation and the coverage is as much as $10,000 per person and $20,000 per trip as long as the card is used for prepaid non-refundable travel expenses. Fares, tours and hotels are also covered.

Lost luggage and baggage delay

If the cardholder or an immediate member of his or her family suffer the loss or damage of luggage, and it's the fault of the carrier, each passenger is covered for up to $3,000 in reimbursement per person per trip. This also applies if your luggage is stolen. If your bags arrive 6 hours late or longer, you are covered for up to $100 back for each day that it is delayed for up to 5 days.The reimbursements is for purchases of clothing, toiletries and other essentials during the delay time.

Accident, Dental and Medical

If you are renting an automobile for your trip, it's best to decline the rental company's collision insurance and use the card to charge the entire cost of the rental because the coverage comes automatically and provides you with up to $75,000 for collision or theft damage for rental cars and the coverage extends abroad as well as in the United States. Roadside emergencies are also covered for up to $50 each incident up to 4 times per year for gas, locksmith, tire change, jumpstart or a tow.

The coverage also extends for emergency medical and dental work. You must be 100 miles from your home or further on a trip. The reimbursement for medical or dental expenses incurred for the cardholder or immediate family member who is injured or becomes sick is up to $2,500. Emergency evacuation and transportation costs are also reimbursed if you or an immediate family member experience injury or illness that requires emergency evacuation. Medical transportation and services are covered for up to $100,000. When you use your card to pay for cruise, train, bus or air transportation, there is an accidental death or dismemberment coverage of up to $1 Million.

What does the Chase Sapphire Reserve travel insurance cost?

When you are a cardholder, there is no charge for the travel insurance because it is a free benefit that comes along with the card. It covers you and immediate family members who are booked into the same reservations and the coverage begins from the time you leave until you return. If reimbursement is necessary you do need to file a claim between 20 to 60 days after the occurrence, and payment is sent by Chase after review and approval of your claim within fifteen days.

Other facts about Chase Sapphire Reserve travel insurance

This insurance covers a broad spectrum of travel issues and this is why you should consult your benefits guide, which we discussed earlier. This gives you the full details about the plan, what is covered and what is not. Some covered circumstances include severe weather, acts of hijacking or terrorism, accidents and circumstances which are beyond your control. It even covers delays and cancellations due to jury duty summons, court subpoenas or other situations.

Conclusion

Our research has led us to conclude that the Chase Sapphire Reserve travel insurance is among the best that is offered on the credit card market today. The coverage is broad in its range and it covers most of the situations that could possibly occur to interfere with your travel plans. If you're looking for a credit card that is designed with travelers in mind, the Chase Sapphire Reserve card offers excellent travelers insurance. The card also gives you other perks and it is fully loaded with more benefits in travel bonus points and rewards.

Dana Hanson

Written by Dana Hanson

Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology.

Read more posts by Dana Hanson

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