The credit cards that offer the best travel insurance coverage

Ideal for travel accident insurance

Reserve Chase Sapphire

Coverage details: $1 million coverage

(Credit: AnnaStills/Adobe Stock)

Ideal for travel accident insurance (corporate)

Ink Business Unlimited Credit Card

Coverage details: $500,000 coverage

(Credit: Seventyfour/Adobe Stock)

Ideal for baggage insurance

Chase Sapphire Preferred Card

Coverage details: $3,000 in lost baggage insurance

(Credit: jumlongch/stock.adobe.com)

Ideal for baggage insurance (corporate)

Ink Business Unlimited Credit Card

Coverage details: $3,000 in lost baggage coverage; $500 in delayed baggage coverage per trip.

(Credit: byeolsan – stock.adobe.com)

Ideal for trip delay/cancellation insurance

Chase Sapphire Preferred Card

Coverage details: $20,000 per trip cancellation coverage; $500 per ticket for travel delay coverage

(Credit: Ekaterina Pokrovsky/stock.adobe.com)

Ideal for trip delay/cancellation insurance (corporate)

Ink Business Unlimited Credit Card

Coverage details: $10,000 per trip cancellation coverage; $500 per ticket for travel delay coverage

(Credit: Nikolay N. Antonov/Adobe Stock)

Ideal for comprehensive travel insurance coverage

Chase Sapphire Preferred Card

Coverage details: $500,000 in travel accident insurance; $3,000 in lost baggage insurance; $500 per trip for delayed baggage coverage; $20,000 per trip in cancellation coverage; $500 per ticket for travel delay coverage

(Credit: Seventyfour/Adobe Stock)

Ideal for global (corporate) travel insurance coverage

Ink Business Unlimited Credit Card

Coverage details: $500,000 in travel accident insurance; $3,000 in lost baggage insurance; $500 per trip for delayed baggage coverage; $10,000 per trip in cancellation coverage; $500 per ticket for travel delay coverage

(Credit: prostooleh/Adobe Stock)

There are many factors to consider when choosing a credit card, but while you’re evaluating interest rates and rewards, it’s also important to consider the protections your card can offer you. , especially if you use your card to travel.

Recently, WalletHub published a report where they examined 92 credit cards from the 10 largest issuers to determine which cards offer the best protection when traveling for personal and business purposes. They looked at several areas of coverage when comparing the cards’ travel insurance offers.

Travel accident insurance

The average policy includes $250,000 of death and dismemberment coverage for the primary cardholder and authorized users and their spouse or domestic partner. The best cards, says WalletHub, offer up to $500,000 in death and dismemberment coverage, which extends beyond the primary cardholder to not only their spouse/partner, but also all dependent children and sometimes even to more distant family members, such as parents in law.

Baggage insurance

WalletHub found that the average credit card with travel insurance included $3,000 of lost baggage coverage, but no delayed baggage coverage. Meanwhile, the best policies not only offer $3,000 of coverage for lost baggage, but $500 for delayed baggage, which helps reimburse the cardholder for necessary personal and business items they need to replace. before his bag arrives.

Trip delay/cancellation insurance

The average credit card does not offer any type of delay or cancellation coverage, according to the report. However, some policies offer up to $20,000 per trip if it is canceled or cut short and up to $500 if a trip is delayed more than 12 hours.

In the slideshow above, we’ll take a look at WalletHub’s picks for credit cards with the strongest coverage offerings for personal and business travelers.

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