Allianz Travel Insurance 2026 Plans & Coverage

The Features of Allianz Travel Insurance

Allianz  insurance plans offer flexible protection plans, Standard, Advance and Ultimate Single Trip plans, and Annual Plan, to meet the needs of different travellers. Its insurance coverage is extensive, ensuring travellers receive comprehensive protection in various situations.

The Outbound Travel Alert Extension ensures that trips remain covered even when the Hong Kong government issues red, and black travel alerts for the destination, providing extra reassurance. For traveling plan with outdoor activity, the insurance plan covers recreational and sports such as skiing, diving, low-altitude hiking, and various water activities offered by local tour operators with qualified guide supervision, allowing you to enjoy the journey with peace of mind. Furthermore, the plan provides comprehensive worldwide assistance services in case of medical emergence of the insured, such as Emergency Medical Evacuation: Arrange and pay for evacuation costs, Compassion return: covers the insured person's return ticket
to Hong Kong when an Immediate Family Member dies in
Hong Kong during the trip.

Allianz travel insurance covers theft loss of Mobile Device, this benefit covers the expenses caused by the loss of mobile phone, laptop, tablet. This coverage is relatively attractive compared to other travel insurances; however, it does not cover any accidental damage of those mobile devices. Please note that coverage applies only if the equipment is stolen or robbed, and a police report must be filed within 24 hours of the incident for compensation. Loss due to negligence or leaving equipment unattended is not covered.

If the travel destination is closed due to unpredictable and severe disruption, or if the local event operator goes bankrupt, leading to event cancellation, the insurance also includes miss event benefit, ensuring travellers are protected from financial losses due to non-refundable expenses. At the same time, trip delay cover applies to situations when your journey is delayed beyond the specified threshold such as bad weather, earthquake. This cover provides assistance so travellers can still complete their journey smoothly despite unexpected situations.

Allianz Travel Insurance Premiums

Comparison of Coverage Types

Allianz travel insurance offers two types of coverage to choose from: single plan and annual plan coverage. The former is covering one trip with a maximum duration of 90 days; the latter is designed for individuals who is frequent traveller, with premiums much lower than applying for single plan separately, moreover Annual Plan protect all of your weekend road-trip to GBA cites, such as Zhuhai, Shenzhen and Guangzhou.

For example, if you are planning to take ten 7-days trips to Japan, Korea, GBA and other mainland China cities within a year, and purchase the Single Allianz Ultimate Plan for ten times with a 50% discount through MoneyHero, the Allianz Travel Ultimate Plan would cost a total of HK$198.5 * 10 = HK$1,985

If you purchase the Annual Gold Plan, which can be done through the MoneyHero and Allianz platform, the premium would be HK$1,666.2. This provides the same travel coverage but saves HKD318.8 on premiums!

Brief Analysis

Therefore, it is recommended that travel enthusiasts who plan to travel ten or more times within a year and want to purchase Allianz travel insurance should consider the Annual plan, as it is clearly more cost-effective.

Analysis of Allianz Travel Medical Coverage

Brief Analysis

Allianz plans provide coverage for essential medical expenses. The Ultimate Plan offers medical expense coverage up to HK$2 million, which is higher than the highest-tier plans from Blue Cross, Zurich, and AXA. Additionally, all three plans provide coverage for follow-up medical expenses after returning to Hong Kong. If you are accidentally injured during your trip or consult a local doctor first for injury or sickness in the travel period, follow-up medical expenses within 3-months after returning to Hong Kong are also covered.
Tip: Please note that limit of coverage are the same for all insured from 60 days to 75 years old. Child(ren) from 60 days to age 17, enjoy 50% discounts on premium, are also entitled full limit of coverages.

Trip Cancellation/Interruption

Brief Analysis

In the post-pandemic era, people are more concerned about protection against trip cancellation and curtailment of journey. Allianz travel insurance's Ultimate Plan offers up to HK$60,000 coverage for trip cancellation and up to HK$50,000 for curtailment of journey, such protections are the best amount comparing with other major travel insurance plans in the market.

For trip cancellations, policyholders can receive compensation for non-refundable prepaid transportation tickets, accommodation. 

Covered Reasons:
- Coverage for death, serious injury, or sickness of insured or family; or

- Unexpected issuance of a Red* or Black Travel Alert for a destination scheduled Common Carrier delay exceeding 24 hours impacts travel itinerary.

- Coverage for witness summons or jury service affecting travel plans; or

- Strike by Common Carrier employees within a week of departure; or

- Serious home damage from disasters requires presence during departure.

  *The company will reimburse up to 50% of the plan limit as stated in the schedule of benefit 

Missed Event benefit covers non-refundable tickets for major sporting events, musicals, concerts, museums, or theme parks if they cannot continue their journey due to the following situations. The coverage for these activities is very comprehensive.

Covered Reasons: 

- Coverage for death, serious injury, or sickness of insured or family; or

- Event being missed due to the delay of the Common Carrier 

Items Not Covered by Allianz Policies

Major Exclusions (For a complete list, please refer to the policy terms):

• Political unrest: war, civil war, riots, revolution, military coups
• Activities related to countries or individuals under international sanctions
• Travel to high-risk areas with issued travel warnings
• Mountain tracking, climbing, expeditions, treks above 3,000 meters altitude
• Extreme sports, competitions, or professional sports
• Insured is: terrorist; member of terrorist organization; drug dealer; supplier of nuclear, chemical, or biological weapons
• Illegal acts or violations of government bans
• Losses due to negligence or failure to take reasonable precautions
• Medical expenses related to pregnancy or childbirth
• Any pre-existing, congenital, or heredity conditions
• AIDS, STDs, mental illness, nervous disorders, suicide, or self-harm
• Losses caused by drug or alcohol influence
• Journey purpose is for any medical treatment, or travelling when unfit to do so
• High-risk jobs (e.g., diving, mining, aerial photography, kitchen, construction, tour guiding)
• A crew member or an operator of any air carrier
• Public transport ceases operation due to financial issues (e.g., bankruptcy)
• Losses compensable through other means (i.e. insurance company, airline carriers. etc)
• Losses caused by nuclear radiation, biochemical weapons, etc.

Please note that the above are only partial exclusions. For the details, please refer to the terms and conditions of Allianz travel insurance.

Comparison Between Allianz and Competitors

How to Purchase a Allianz Policy

To purchase Allianz Travel insurance plan, you only need to click the orange "Purchase Now" button below. After clicking, you will be directed to MoneyHero or Allianz Website and enter the corresponding application page. On this page, you can:
- Choose a plan that suits you: Select a suitable plan based on your needs and budget. 
- Check coverage details: The website clearly lists various compensation items, such as medical expense coverage, baggage protection, and trip cancellation protection. 
- Fill in personal information: Enter your personal information and trip details. 
- Complete payment: Choose your preferred payment method and complete the premium payment. 

By clicking the orange button, you can quickly and conveniently complete the Allianz travel insurance purchase process, adding a sense of security to your journey.

Which Allianz Travel Insurance Plan Is Best for Me?

Check Protection Details

Allianz “Ultimate” insurance offers various protections to meet the needs of different travellers. Overall, Allianz travel insurance provides coverage for medical expenses, personal accidents, trip delays, lost travel documents, and protection for guided, leisure, and non-professional sports. When choosing a plan, carefully compare the coverage highlights of different plans and make your choice based on your travel plans and personal needs.

Long-term Considerations

If you travel frequently, an annual travel plan may be more cost-effective. Allianz offers annual plan protection, suitable for travellers who will travel multiple times within a year, the plan cover destinations worldwide as well as GBA/China. The premium for an annual travel plan is usually more economical compared to purchasing a single-trip plan multiple times, saving you the trouble of buying insurance before each trip. When choosing an annual travel plan, carefully read the policy terms to understand the maximum coverage period and scope for each trip.

Utilise Existing Coverage

Before purchasing Allianz travel insurance, check if you already have other travel protection in place. For example, some credit cards provide travel insurance coverage, or your medical insurance may already cover overseas medical expenses. Understanding your existing coverage can help you avoid purchasing duplicate insurance and save on premiums. Additionally, you can consider using Allianz's travel insurance as a supplement to your existing coverage for more comprehensive protection.

Does Allianz Provide 24/7 Travel Assistance?

Yes, Allianz provides 24-hour worldwide emergency aid services. No matter where you are, when you encounter an emergency, you can contact Allianz's emergence service team at any time to get timely help and support.

How to Make a Claim with Allianz Travel Insurance

It is recommended that you refer to the specific claim methods on Allianz's official website or directly contact their e-Claims service to obtain the most accurate and up-to-date claim process information.

Is Allianz Travel Insurance Worth Purchasing?

As a well-known insurance company globally, Allianz's travel insurance products have certain advantages. They offer various plan options to meet the needs of different customers and provide comprehensive coverage, including medical expenses, trip cancellation, baggage loss, and other protections. Additionally, Allianz's 24-hour worldwide emergency aid services also provide travellers with extra peace of mind. However, whether it is worth it specifically depends on your personal needs and budget. It is recommended that you carefully compare products from different insurance companies and choose the plan that best suits you.

Conclusion

Allianz travel insurance offers strong coverage in terms of medical, trip cancellations and curtailment of journey, and baggage protection, and features multiple trip protection options that can save premiums for individuals who travel ten times a year. Even the single-trip premium is not expensive, making it more suitable for singles or couples travelling abroad. 

Frequently Asked Questions

1. Does Allianz travel insurance cover mobile phones?

Allianz travel insurance cover theft loss of Mobile Device, this benefits covers the expenses caused by the loss of mobile phone, laptop, tablet due to theft. This coverage is relatively attractive compared to other travel insurances; however, it does not cover any accidental damage of those mobile devices.

2. What are the features of Allianz travel insurance?

Allianz travel insurance plans are quite flexible, offering annual plan coverage, and coverage including medical expenses, trip cancellation, baggage loss, and other protections, giving you peace of mind when travelling abroad. 

3. What is the medical coverage limit for child below 18?

Allianz travel insurance plans are very competitive, Child(ren) from 60 days to age 17, enjoy 50% discounts on premium, are also entitled full limit of coverages.