Overview
We evaluated the major travel insurance companies on coverage breadth, medical/evacuation limits, claims handling reputation, and pricing for typical trip profiles. No single insurer wins on every dimension — the right choice depends on your trip type, destination, and whether you're traveling solo, as a family, or frequently throughout the year.
Company Ratings
| Company | Rating | Strength | Weakness |
|---|---|---|---|
| AIG Travel Guard | ⭐ 4.9 | Comprehensive coverage, strong claims satisfaction | Premiums above budget competitors |
| Allianz Travel | ⭐ 4.8 | Best annual multi-trip plans, large global network | Annual plans cap trip length at 45–90 days |
| Seven Corners | ⭐ 4.7 | Highest medical coverage limits, covers adventure activities | Weaker trip cancellation coverage |
| Travelex | ⭐ 4.6 | Children under 18 covered free | Medical limits lower than Seven Corners |
AIG Travel Guard — Best Overall
AIG's plans cover trip cancellation, interruption, medical, evacuation, baggage, and travel delay, backed by a 24/7 assistance line staffed by travel and medical specialists. It consistently rates highest on claims satisfaction among major insurers, though premiums run higher than budget alternatives — a fair trade for travelers who prioritize reliability over rock-bottom cost.
Allianz Travel — Best for Frequent Travelers
As the world's largest travel insurer, Allianz's AllTrips annual plans ($200–$400/year) cover unlimited trips for a flat premium, which is far more economical than buying single-trip policies repeatedly. The trade-off is a per-trip length cap, usually 45–90 days, so it suits frequent short trips better than extended travel.
Seven Corners — Best Medical Coverage
Seven Corners specializes in travel medical insurance, offering up to $5 million in medical coverage and $1 million in evacuation coverage — well above most competitors. For destinations with limited medical infrastructure, this is the strongest financial protection available. See our full Seven Corners review for details.
Travelex — Best for Families
Travelex covers children under 18 at no extra cost when traveling with an insured adult, which effectively halves the per-person cost for a family of four compared to insurers that charge per traveler. Medical limits run lower than Seven Corners, but coverage is comprehensive enough for most family trips.
Frequently Asked Questions
AIG Travel Guard consistently rates highest for claims satisfaction among the major insurers, though all four companies reviewed here have established, reliable claims processes.
Ratings reflect coverage breadth, medical/evacuation limits, and each company's general claims-handling reputation. Always check current third-party review sites for the latest customer feedback before purchasing.
Yes — Seven Corners focuses on travel medical coverage, Allianz on frequent/annual travelers, and Travelex on family trips. AIG offers the broadest general-purpose coverage.