Best Travel Insurance Companies of 2021 | Black Platinum Gold

When going on a vacation or booking a trip, you are most probably spending hundreds of thousands of dollars or high premiums. So, you want to make sure you will entirely enjoy while making sure that you get back your money or get compensated when things go wrong.

To do so, you will have to purchase insurance so that you can protect your travel investment in the event of a cancellation or unfortunate event.

Today, travel is tricky with wilder weather variances due to climate change, the threat of pandemics and government shutdowns, and other things like political issues over borders and more. When you have travel insurance, you effectively protect yourself and your money from these circumstances.

With the proper insurance, you can get your money back or any form of compensation following a canceled trip or vacation, and you can also get benefits for lost or stranded luggage. The benefits vary in terms of the insurance company and the packages you are getting.

However, there are essentials that most policies cover.

Here’s a summary of available travel insurance benefits:

  • Medical emergencies while in travel
  • Trip cancellation to and from travel location
  • Compensation for immediate needs during trip interruptions and delays
  • Medical evacuation needs and logistics
  • Coverage for lost, damaged, or stolen luggage

Whatever the benefits are, it all comes down to who will give you the best service and promise excellent insurance coverage. Hence, you will have to find the best insurance company for your travel needs.

In this article, we are breaking down which travel insurance company is best for what type of traveler. Use this guide as a check and balance for picking a policy that will suit you and your travel security needs.

  1. Top Choice for Health Coverage: GeoBlue
  2. Best Option for Going on Cruise Ships: Nationwide
  3. Best Choice for Seniors, Retirees, and Patients: HTH Travel Insurance
  4. Top-Most Extensive: World Nomads
  5. Most Cost-Efficient: InsureMyTrip
  6. Most Well-Rounded: Allianz Travel Insurance
  7. Top General Pick: Travelex
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#1 Top Choice for Health Coverage: GeoBlue

GeoBlue specializes in ensuring health for ex-pats and travelers. 

They have a long-term group ex-pat plan that combines comprehensive global benefits with medical assistance services.

Also, for the casual traveler or business traveler, they have the Blue Cross Blue Shield Global Traveler. This insurance product will protect you during an unexpected accident, sickness, or injury that could jeopardize your investment.

A business owner can get this insurance option for employees they are deploying overseas.

The company offers custom plans that can address specific needs, including coverage for US and non-US citizens who are traveling outside their home country. They feature simple-to-administer blanket coverage and comprehensive policies that include medical evacuation, hospital admission, and sick visits.

#2 Best Option for Going on Cruise Ships: Nationwide

Nationwide is an insurance company that provides extensive general travel protection for travelers. They have single-trip plans, multi-trip plans, and a specialized cruise plan.

Their specialized insurance product, the Cruise Plan, is perfect for covering you during your Caribbean or Mediterranean cruise.

#3 Best Choice for Seniors, Retirees, and Patients: HTH Travel Insurance

Seniors, retirees, and those who travel with medical conditions need to double down on their health travel insurance.  If you need this kind of care, HTH Travel Insurance can cover you.

The company offers a wide range of travel health insurance plans. Their products include coverage for surgery, hospitalization, clinic visits or check-ups, prescriptions and medicine, and medical evacuation.

With this company, you can certainly travel the world with confidence. You can be sure that you will have access to physicians in the 180+ countries on HTH’s list.

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#4 Top-Most Extensive: World Nomads

World Nomads can provide you with your insurance coverage in countries from A to Z. 

Whether you are going to Africa, Asia, Europe, North America, Oceania, South America, or anywhere else in the world, you can count on the insurance company to secure your travel investment.

Also, they can cover you for almost everything, including terrorist attacks, injuries, assault, medical needs, dental services, canceled trips, equipment requirements, evacuation, baggage issues, Covid-19 problems, theft, and more, even including a death overseas. So it doesn’t matter how safe or dangerously exciting your destination is, you can count on World Nomads to cover you.

#5 Most Cost-Efficient: InsureMyTrip

While the cheapest on this list, this company will provide you more than decent insurance coverage for a great deal.

The way InsureMyTrip works is that they let you use a cost calculator on their website where you can input the insurance needs that you want and require. Then, the tool will show you an exact price quote that is customized for only you.

Your InsureMyTrip insurance plan’s cost is calculated considering your unique travel details. So it all depends on your destination, schedules, age, and specific coverage requirements.

This way, you get all the value for your buck.

#6 Most Well-Rounded: Allianz Travel Insurance

Allianz Travel Insurance effectively covers trip cancellation, medical bills abroad, baggage insurance, and more. They also provide 24/7 assistance so that you can easily access their worldwide network of prescreened hospitals when you need medical care.

They feature an app that you can use not only to access your insurance services and claims but easily plan your travel.

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They have a  wide variety of insurance options that you can choose from.

#7 Top General Pick: Travelex

Last but not least, here is the top pick for 2021’s best insurance company, Travelex Insurance. 

They have the best services for trip delays and cancellations, medical coverage, evacuations, trip inconveniences, and more. They guarantee complete payment of benefits and have a 24/7 support system that you can access wherever you are in the world.

They also have an intuitive travel assistance service which is like a virtual butler for you. 

The company is easy to transact with, and you can get all your travel insurance needs conveniently.

It’s Time to Travel!

Now that you know where you can get the best travel insurance coverage for you and your company, it is time for you to find your next destination.

The best service to find you next lovely vacation is with Black Platinum Gold. We are the first and only Luxury Travel Auctions Platform in existence.
So check out our destinations and find a travel insurance company that caters to the countries you want to visit.


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