The AIG Travel Guard Silver Plan is perfect for business travelers and budget-conscious travelers in need of travel insurance. It provides all of the essential coverages plus a few extra perks.
What Travel Guard Silver Covers
If you have to cancel your trip or it is interrupted because of covered reasons beyond your control, the plan covers 100 percent of non-refundable costs and deposits. You can cancel the trip because of illness, a family member’s death, an injury and other covered incidents. If your trip is interrupted on the way home, the policy provides up to $500 in compensation for flying you home. For unforeseen trip interruptions that require extra flights or ground transportation to get to your return destination, the plan covers the expenses up to the limit. If your trip is delayed, the policy will reimburse you $100 per day with a maximum of $500 total until you can continue your trip. It also features the following:
- Up to $750 for lost or damaged luggage minus a $50 deductible.
- Up to $200 for purchasing necessities due to delayed baggage.
- Up to $15,000 for medical care due to an accident or illness with a $50 deductible.
- Up to $150,000 for emergency evacuation for medical reasons or return of remains in the event of death abroad.
Travel Guard Silver Extra Coverages
This plan comes with a few extras. If your airline, cruise or tour carrier goes bankrupt, the plan covers your cancelled flight. The plan covers some pre-existing medical conditions with several limitations. Read the policy terms carefully. There is also a $25,000 death and dismemberment allowance. If you die, the full benefit goes to your survivors. Partial benefits are awarded for lost digits, limbs or eyesight. To qualify for these benefits, you must pay for your trip insurance within 15 days of making a deposit.
Travel Guard Silver Optional Coverages
You can double the evacuation allowance for an extra charge. For an added fee, you can increase your death and dismemberment allowance to anywhere from $100,000 to $500,000. You can also purchase travel rental car insurance to cover collision-related damages. The policy limit is $35,000, and the cost is cheaper than a rental car company’s private insurance.
This plan also includes additional assistance services. Always compare several plans, their terms and prices before buying a travel insurance policy.