FAQs
In 2016, Travelex Insurance Services grew its global footprint by becoming a part of the Cover-More Group, which is a wholly-owned subsidiary of Zurich Insurance Group.
Which is better, Travelex or Allianz? ›
Travelex and Allianz provide the same trip cancellation and interruption benefits and similar medical expense limits through comparable plans — Allianz offers only $25,000 more in medical expense coverage than Travelex. However, Allianz provides double the amount of lost baggage and emergency evacuation coverage.
Is Travelex insurance refundable? ›
This means that if within 15 days of purchase you are not satisfied with your plan, and have not yet departed or filed a claim, Travelex will refund your plan cost.
Are kids included in Travelex? ›
Travelex's Travel Select plan offers kids-included pricing which provides families an opportunity to save. Children 17 and under are covered at no additional cost as long as they are traveling with a covered adult and the trip cost is less than the adult trip cost.
What has happened to Travelex? ›
Formerly part of now-defunct Finablr, Travelex's fortunes quickly turned due to the coronavirus pandemic and a cyberattack that forced it to temporarily disable its systems. It then went through a pre-pack administration that led to more than 1,300 job losses and saw its creditors seize control.
Is Travelex a good deal? ›
Travelex has better online rates than your bank so you can lock in a good initial loading rate and save. Plus they don't charge you ATM fees while you're overseas. Unfortunately, all of these conveniences comes with a high price tag.
Who is the most trusted insurance company? ›
Best Car Insurance Companies of September 2024
- Nationwide: Best Overall.
- USAA: Best for Military Members and Veterans.
- Travelers: Great for Drivers With a Speeding Ticket.
- Erie: Best for drivers who caused an accident.
- Progressive: Best for Drivers With a DUI.
- Geico: Great for Drivers With Poor Credit.
What is the best travel insurance company to use? ›
The Best Travel Insurance of 2024
- Travelex Insurance: Our top pick.
- Nationwide Travel Insurance: Best for baggage coverage.
- AIG Travel Guard: Best for families.
- Faye: Best cancel for any reason coverage.
- WorldTrips: Most affordable comprehensive coverage.
- Generali Global Assistance: Best for trip interruption coverage.
How safe is Travelex? ›
How will my order be sent and is it secure? Your order will be sent using secure Royal Mail Special Delivery and will require a signature upon delivery. Travelex Money cards are sent separately by First Class post and you will need to call us on the number provided with the card to activate it.
Is Travelex in the US? ›
Travelex in the USA
You'll find us in hundreds of locations across the USA, and you can either visit our store locator to find your nearest one or take a look at our list of stores by state for more details.
The cancel for any reason upgrade is only available on Travelex's Travel Select plan. It lets you cancel for any reason – whatever it may be – up to 48 hours prior to your scheduled departure date.
Can I get my money back if I cancel my policy? ›
Cancel your life insurance or funeral policy and you won't get any money back, including the premiums you paid. This is because insurance policies are risk products, not savings and investments products, and don't have a cash value.
Is Travelex good travel insurance? ›
With over 55 years of experience protecting travel investments from the unknown, Travelex is a world leader in travel insurance.
What are Travelex fees? ›
Travelex Money Card
Travelex Money Card service¹ | Fee applied |
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Domestic ATM usage + EFT POS | 2.95% of the withdrawal amount |
Inactivity fee (charged monthly, if you haven't used your card in the previous 12 months) | $4/month |
Closure of card | $10 |
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How does Travelex work? ›
The Travelex Money Card is a Mastercard travel card, meaning it is free to make international withdrawals at ATMs displaying the Mastercard acceptance mark. It is also free to obtain cash over the counter and to make online purchases with a travel money card.
Is Travelex a US company? ›
Travelex International Limited is a foreign exchange company founded by Lloyd Dorfman and headquartered in Peterborough, United Kingdom. Its main businesses are foreign currency exchange, issuing prepaid credit cards for use by travellers, supplying central banks with foreign currency and global remittance.
Is Travelex a Berkshire Hathaway company? ›
What Is The Partnership? Berkshire Hathaway Travel Protection and Travelex Insurance Services have partnered to provide innovative travel protection plans to travel providers and their clients. We have transitioned BHTP partners to Travelex so they can sell Travelex travel insurance products.
Is Travelers Insurance owned by MetLife? ›
Move may signal the end of the "financial supermarket" that provides banking, insurance, and investment services. Citigroup Inc. disclosed the sale Monday of the life and annuity division of its Travelers insurance business, along with most of its international insurance business, to MetLife Inc. for $11.5 billion.