Allianz Travel Insurance [Review]

Founded

1890

Company Type

Public Company

Company Overview

Allianz Global Assistance is one of the international brand names of Allianz Group, one of the leading international providers of Travel Insurance, financial services and assistance.

Allianz Travel Insurance is offered in 76 countries, with four specific levels of cover available: Bronze, Silver, Gold, and Backpacker Travel Insurance.

Underwritten by AWP P&C SA, Allianz Travel Insurance policies offer competitive cover for your travels along with several optional cover add-ons to tailor your policy to your specific needs.

Allianz Travel Insurance Review

Allianz Travel Insurance policies include several additional cover options that can be added to your policy, such as Wedding Cover, Business Cover, and Golf Cover.

• Allianz Global Assistance offers specialised Backpacker Travel Insurance which tailors your cover to give you exactly what you need at the most affordable cost. It is available only as a Single-Trip policy.
• Allianz offer a comprehensive Annual Multi-Trip Travel Insurance that is perfect for families, couples, or individuals that enjoy regularly travelling and exploring.
• If you take out Single-Trip Travel Insurance from Allianz, you can choose to add optional cover for Accidental Damage Excess / Deposit Reimbursement. This cover will refund you the excess / deposit amount for a rental vehicle if it is accidentally damaged, involved in an accident, or stolen during the rental period.
• As well as providing a comprehensive list of hazardous activities that are covered by your Allianz policy, in some cases it may be possible to negotiate cover for certain activities in exchange for an added premium. This does not, however, apply to professional sports, competitive racing, or manual work.

• Alliance Global Assistance covers 3 geographical areas that you can choose from when taking out your policy:

  • Europe
  • Worldwide (excluding USA)
  • Worldwide (including USA)
• Single-Trip policies have limited cover lasting a maximum of 180 days per trip. In comparison, Multi-Trip policies last for the whole year. Trips can be as long as 365 days and you can take as many trips abroad as you want during your period of insurance.

Allianz Travel Insurance Policy Summaries

Allianz offer four different levels of Travel Insurance cover: Bronze, Silver, Gold, and Backpacker. These policies vary in their cost and they cover they provide.

Additional Information About Travel Insurance from Allianz

Key Comparison Points for Allianz Travel Insurance

• Allianz does not cover pre-existing conditions unless you have explicitly declared the condition to Allianz beforehand and they have confirmed your cover in writing. If you have been diagnosed with, treated for, had tests for, or taken medication for any health conditions in the 12 months prior to taking out your policy or booking your trip, you will not be able to any claims relating to the condition without declaring the condition.
• Allianz Single and Backpacker Travel Insurance policies have certain age limits in terms of your policy’s cover. If you exceed these age limits on the date that your policy is issued, you will not be covered:
  • Single Trip: 65 years
  • Backpacker: 36 years
• Backpacker Travel Insurance from Allianz gives an affordable option for young people that want to take some time out of studying or working to travel. As well as giving them all of the essential cover for their trip, such as medical cover and baggage cover, the policy’s increased excess makes the cover more affordable.
• Wedding Cover can be added to Single-Trip Allianz Travel Insurance policy, which doesn’t tend to be a common option among providers. This cover option will compensate you for wedding rings, presents, clothes, and photographs if they are lost, stolen or damaged on your journey. This ensures that you can quickly replace what you need and the special day can go ahead as planned.

Allianz Travel Insurance Excess

The excess on your policy will only be applied to certain types of claims, such as Cancellation Cover, Baggage Cover, and Personal Liability Cover. Read your policy documents to find out more about where your policy excess is applied.

Policy Exclusions

Certain limitations apply to you the different types of cover available on your policy. While each cover type has its own specific conditions, there are also some general conditions that apply to your policy. In the following instances, you will not be able to make any claims on your Allianz Travel Insurance policy:

• War, invasion, act of foreign enemy, hostilities, civil war, rebellion, terrorism, or weapons of mass destruction
• Any epidemic or pandemic
• Travelling against the advice of the Foreign and Commonwealth Office, World Health Organisation or any government or other official authority.
• Any property that is taken, held, damaged or destroyed under the order of any government or customs officials.
• Ionising radiation or radioactive contamination from nuclear fuel or nuclear waste or any risk from nuclear equipment
• Malicious or illegal acts committed by persons covered under the policy
• Any claims resulting from being under the influence of alcohol, solvents or drugs (excluding drugs prescribed by a doctor)
• Wilful abandonment of your trip due to lack of enjoyment.