Credit card travel insurance is a complimentary or included benefit provided by many credit cards, designed to protect cardholders from financial losses related to travel mishaps. When you book your trip using a credit card with travel insurance included, you gain access to coverage that can reimburse you for issues like trip cancellations, delays, lost baggage, and medical emergencies while travelling.
This insurance typically activates when you pay for your travel expenses—such as flights or hotels—using the credit card that offers the coverage. The scope of coverage varies by card and issuer, so it’s vital to review your card’s specific terms. Generally, this insurance supplements your existing health or travel policies, covering gaps especially when abroad.
Having credit cards with travel insurance is particularly beneficial for frequent travellers, offering peace of mind without the need to buy separate travel insurance policies. However, the level of protection depends on the card type, with premium cards usually offering more comprehensive coverage. https://www.livemint.com/money/personal-finance/what-types-of-travel-insurance-are-offered-through-credit-cards-credit-card-travel-insurance-11729599318078.html