How does credit card travel insurance work?

cheryl

cheryl

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How does credit card travel insurance work? - CNBC

Vacation should be relaxing, but there are plenty of things that can go wrong: Your flight is delayed or your luggage gets lost. You may wind up booking last-minute hotel accommodations or repurchasing the lost items, and find yourself spending a lot of extra money you didn’t plan for.

But it can be a lot less expensive managing these travel disruptions if you paid for eligible travel, such as the flight, hotel or car rental, with a credit card. Many of the best travel credit cards offer travel insurance that can cover the cost of unexpected expenses.

The specific terms of the travel insurance benefits vary by card issuer. In most cases, you have to pay for your trip in full with your credit card, though some card issuers only may require a portion of the trip to be paid with the eligible card. And card issuers often implement different limitations on the coverage you receive and what expenses are eligible for protection. Make sure you review the specific terms before booking travel.
 
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