Allianz Travel Insurance 2023: Compare different Allianz insurance plans for travel!

Allianz Travel comes with COVID-19 cover, providing coverage from medical expenses to overseas hospital daily cash and from emergency medical assistance to cancellation of journey, giving you peace of mind in case of any disruption to your trip because of Covid-19.

Allianz Travel provides coverage even for air miles & loyalty card points , travel delay allowance after only 5 hours (less than the threshold set by other travel insurance provider), and also theft of mobile devices - which are not always covered by other travel insurance products.

If you need any emergency assistance, Allianz has got you covered no matter which time zone you are in. In this way, you can always reach out should you need advice on your travel insurance.

Allianz Travel Insurance offers a fast and easy way for insurers to submit a claim - which saves insurers a lot of hassles down the line.

Single Trip Travel Insurance: suitable for travellers who only travel occasionally

Annual Cover: for travellers who travel frequently.

Allianz Travel Insurance provides both and the Allianz Annual Trip Plan allows insurers to take an unlimited number of overseas trips over a 12 month period. However, each trip can only last for 90 days max.

Allianz Single Trip Travel Insurance comes with 3 tiers: Bronze, Silver and Gold - with medical coverage starting with HK$1 million Annual Cover only comes with 2 tiers: Silver and Gold - with medical coverage with HK$1.5 million.

In terms of the coverage, they are the same. Both offer coverage on medical expenses, overseas hospital daily cash benefits, emergency medical assistance, personal accident and delay and cancellation, loss and damage with the following key features:

• Cancellation benefits up to HK$ 40,000
• Mileage and other redeemed ticket are covered in case of cancellation
• Medical expenses up to HK$2,000,000
• Terrorist attack coverage
• Mobile loss due to theft is covered

If you compare the cost of Allianz Annual & Single travel insurance plans, you will find that the cost of the Annual Plan - Bronze is on average almost 6 times more expensive than the Single Cover.

In other words, you will only benefit financially from getting an Annual Travel Insurance if you do decide to travel up to or more than 6 times a year. If not, it is cheaper to buy single travel insurance.

With that said, If you travel multiple times a year, you do need to purchase single travel insurance every time you go on holiday. If you buy annual cover, it can save you the hassle from buying travel insurance every time you travel.