Travelex Insurance review

Travelex suits expensive trips. Its top Ultimate plan covers up to $50,000 in trip cancellation, $75,000 in trip interruption, $250,000 in emergency medical and $1,000,000 in evacuation, and it adds one traveler aged 17 or younger per insured adult at no extra cost, as long as the child's trip cost is no higher than the adult's. Ultimate can add cancel for any reason cover at 75% of insured trip cost, bought within 21 days of your first trip payment. Advantage drops to $10,000 cancellation and $50,000 medical, and Essential to $10,000 and $25,000, with excess rather than primary medical cover except for Connecticut residents. Travel Med Go is a post-departure plan without cancellation. Coverage only applies to trips at least 100 miles from home. Travelex does not publish prices, so we could not compare its cost.

Who it is for

Travelers with costly trips who want high cancellation limits and primary medical cover.

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Ultimate, Advantage and Essential comprehensive plans
• Ultimate: up to $50,000 trip cancellation, $75,000 trip interruption and $250,000 emergency medical
• Up to $1,000,000 emergency evacuation on Ultimate
• Ultimate covers one traveler 17 or younger per insured adult at no extra cost
• Cancel for any reason upgrade on Ultimate, at 75% of insured trip cost

Strengths and weaknesses

• Strength: Highest trip cancellation limit we saw on a published plan table, $50,000
• Strength: Primary medical cover on Ultimate and Advantage
• Strength: Travel Med Go for travelers who only need on-trip cover
• Weakness: No published prices, so you need a quote
• Weakness: Essential gives excess, not primary, medical cover outside Connecticut
• Weakness: Trips must be at least 100 miles from home

Key facts

• Ultimate trip cancellation: Up to $50,000
• Ultimate emergency medical: Up to $250,000
• Advantage: $10,000 cancellation, $50,000 medical
• Essential: $10,000 cancellation, $25,000 medical
• Minimum distance: 100 miles from home

Where it ranks

Travelex Insurance is No. 5 in our Best Travel Insurance verdict.