If you hold a Chase Sapphire Preferred credit card, you are eligible for the card’s travel insurance benefits when you use the card to book your trip.
Chase travel insurance provides reimbursement for specific expenses in certain travel situations, such as trip cancellations, interruptions, lost baggage, and more.
Let’s take a closer look at what Chase Sapphire Preferred trip insurance can cover for cardholders.
What Does Chase Sapphire Preferred Trip Insurance Cover?
Chase Sapphire Preferred card holders receive the following trip insurance benefits:
- Travel and Emergency Assistance Services: Legal and medical referrals as well as other travel and emergency assistance.
- Trip Delay Reimbursement: If a flight is delayed for more than 12 hours or requires an overnight stay, unreimbursed expenses are covered (such as meal and lodging) up to $500 per ticket.
- Trip Cancellation and Interruption Insurance: If your trip is canceled or cut short due to sickness, severe weather, or other covered situations, you can be reimbursed up to $10,000 per person/$20,000 per trip for prepaid nonrefundable travel expenses.
- Baggage Delay Insurance: Reimburses you for toiletry or clothing purchases up to $100 a day up to 5 days if your baggage is delayed for over six hours by an airline.
- Lost Luggage Coverage: Coverage up to $3,000 per passenger if you or your immediate family member have their luggage damaged or lost by an airline.
- Auto Rental Collision Damage Waiver: Reimbursement up to the actual cash value of the vehicle for theft and collision damage for rental cars.
- Travel Accident Insurance: Accidental death and dismemberment coverage of up to $500,000 when you pay for your transportation (flight, cruise, etc.) with your card.
Chase Sapphire Preferred Trip Insurance Eligibility
Travel protection is applied to your plane tickets, rental cars, and cruise line reservations when you use your Chase Sapphire card or rewards points to pay for your bookings.
Benefits can also apply to the cardholder’s immediate family members during their travels.
How Does Chase Sapphire Preferred Trip Insurance Work?
When you book your trip flights, accommodations, and other eligible covered travel reservations with your card, you can receive trip insurance benefits.
If you want to use your travel benefits, you will need to submit a claim through your Chase account. You will need to fill out a claim form and supply required supporting documents. Keep in mind that Chase partners with insurance companies to underwrite and administer their travel protection.
If your claims are approved, you are reimbursed for your eligible expenses through your card.
Is Chase Sapphire Preferred Trip Insurance Enough Coverage for Travelers?
While using your Chase Sapphire Preferred card to book your travels comes with some added benefits, the included trip insurance is very basic trip protection coverage and may not be suitable for all travelers.
One key thing to know about Chase Sapphire Preferred trip insurance is that it does not offer emergency medical benefits. Having medical coverage is a huge concern for travelers, especially when venturing internationally where your home country insurance likely won’t cover you.
A trip insurance policy will offer all of the benefits that Chase Sapphire Preferred offers and more, plus emergency medical and emergency medical evacuation benefits.
Why Chase Sapphire Preferred Cardholders Should Still Consider Travel Insurance
Even if you are a Chase Sapphire Preferred cardholder, it is important to still consider purchasing a travel insurance policy for your trip. While Chase Sapphire Preferred does come with some trip protection benefits, it may not offer enough coverage for most travelers.
With a travel insurance plan, you can receive way more protection for your trip, for both your prepaid and nonrefundable expenses and emergency situations.
For example, if you experience a covered trip cancellation and your prepaid and nonrefundable costs are more than $10,000, you won’t be able to recoup the costs beyond the Chase Sapphire Preferred benefit maximum. However, with travel insurance, you can typically receive coverage for up to 100% of your prepaid nonrefundable trip costs.
Additionally, having medical coverage on a trip is vital for travelers, especially when you are headed abroad. Without emergency medical coverage, you may be left with a potentially financially devastating medical bill if you have an accident or become ill during your trip. With a travel insurance plan, you can have necessary emergency medical coverage and coverage for emergency medical evacuation in very serious instances.
Get Proper Protection Through VisitorsCoverage
To ensure that you are well protected in a variety of situations during your trip, secure travel insurance through VisitorsCoverage.
We offer a wide range of travel insurance plans that are specifically curated to meet the needs of travelers. Compare our available travel insurance plans or contact our Customer Success Team for further assistance!
