**The Platinum plan was discontinued by AIG Travel Guard in early 2020.**
The Platinum Plan from Travel Guard by AIG is a comprehensive package of trip insurance benefits a. Having travel insurance is key to ensuring that you’re financially sound if an accident happens while you’re on a trip, and this Platinum Plan covers many travel risks so that your trip isn’t ruined.
Travel Guard Platinum Plan Medical and Evacuation Coverage
If you become sick or injured while you’re traveling abroad, your regular health insurance probably won’t cover your medical expenses. This is one of the biggest benefits of the Platinum Plan. Also, the accidental death and dismemberment benefit pays for the loss of limb or life when it happens within 365 days of a travel accident. The plan covers doctor-ordered evacuation expenses to your home or the nearest appropriate medical facility as well.
Along with these medical and evacuation benefits, a limited waiver for pre-existing medical conditions is available if you purchase the plan within 15 days of making the first payment on your trip and certain other conditions are met.
Trip Delay, Interruption and Cancellation Benefits
Delays, interruptions and cancellations are always a possibility because of unforeseen circumstances such as weather. The Platinum Plan will reimburse you for additional trip expenses that result from delays of more than five hours. It will also provide reimbursement if you miss a connection flight by three or more hours because of weather or common airline causes.
If your trip is interrupted for a covered reason and you incur additional flight costs to reach your return destination, the plan will reimburse those expenses. Additionally, it will reimburse deposits or nonrefundable, unused payments if you have to interrupt or cancel your trip because of an injury, illness or death as well as other covered reasons.
When you purchase the Platinum Plan within 15 days of making the first payment for your trip, you gain the benefit of trip cancellation and interruption coverage if your tour company, airline or cruise line goes into financial default. This only applies to a list of suppliers, however.
Delayed and Lost Bag Coverage
Included in the Platinum Plan is coverage for your luggage and personal possessions. If your bags are damaged, lost or stolen during your trip, the plan will reimburse you a certain amount to recover or replace those items. You will also receive reimbursement for personal items that you have to buy when your bags are delayed for longer than 12 hours.
In addition to the above benefits, optional trip insurance coverages are available to add to the Platinum Plan. These benefits include collision coverage for car rentals, coverage for canceling your trip for any reason and upgraded medical coverage.
While the Platinum Plan from Travel Guard by AIG offers a comprehensive list of benefits, it’s important to compare the coverage and prices of other travel insurance plans before you buy. It’s also important to read the terms and conditions of each plan to ensure that it covers all of the potential risks of your trip.