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Travelex Ultimate Insurance

Trip insurance for luxury travelers on premium domestic or international vacations.

What is Travelex Ultimate Insurance?

Travelex Ultimate Insurance is the most comprehensive travel insurance plan offered by Travelex. It provides premium coverage for trip cancellations, interruptions, delays, lost or damaged baggage, emergency medical expenses, and medical evacuation. Designed for travelers who want the highest level of protection, this plan also offers primary coverage, meaning claims are filed directly with Travelex for faster reimbursements.

If purchased within 21 days#1 of the initial trip payment and certain conditions are met, it includes a pre-existing condition waiver. Optional upgrades are available to customize your coverage, including Cancel for Any Reason, Adventure Sports, Rental Car Damage, Pet Care, Security Deposit Protection, and more.

Whether you are traveling for business, adventure, or leisure, Travelex Ultimate gives you peace of mind with broad protection and the flexibility to tailor your plan to your trip needs.


#1. State variations apply.

Travelex Ultimate insurance reviews

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Trip Cost
Coverage up to $50,000
calendar_month
Trip Duration
180 days
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Coverage type help
Primary
local_hospital
Medical coverage
Up to $250,000 per person
ambulance
Medical Evacaution help
Up to $1,000,000 per person
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Underwriter
Zurich American Insurance Company
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Best for
  • Luxury travelers seeking premium, customizable protection
  • Families with kids (included at no extra cost)
  • Travelers needing primary medical coverage

Why choose Travelex Ultimate travel insurance?

Travelex Ultimate is the most comprehensive travel insurance plan, designed to give you maximum protection before and during your trip. Whether you’re planning a luxury getaway, a long international vacation, or a family holiday, Ultimate offers the highest level of coverage with the flexibility to customize it to your unique travel needs. Here’s why Ultimate stands out:

  • Comprehensive coverage: Protects you before departure and throughout your trip even if you have to cancel your plans.
  • Premium protection at an affordable price: Ultimate Travel Protection starts at just $46#2
  • Trip cancellation coverage: Up to $50,000 protects your prepaid, nonrefundable expenses if you cancel for a covered reason.
  • Higher coverage limits: Compared to our Advantage and Essential plans, Ultimate lets you insure a higher trip cost and longer trip duration, so you’re better reimbursed for eligible expenses.
  • Emergency medical expenses:#3 Up to $250,000 for medical expenses.
  • Family-friendly pricing: Includes one child (17 or younger) per insured adult at no extra cost and ideal for families traveling together. (Child’s trip cost must be equal to or less than the adult’s.)
  • Pre-Existing condition waiver:#4 If you purchase the plan within 21 days of your first trip payment and meet eligibility criteria, pre-existing medical conditions can be covered.
  • Trip inconvenience coverage: Coverage up to $200 if your trip is disrupted by closed attractions, closed beaches, or cruise disablement.
  • Nine optional upgrades:#5 Customize your plan with exclusive add-ons like Cancel for Any Reason, Cancel for Business Reasons, Medical Upgrades, and more only available with the Ultimate plan.
  • Primary coverage: Claims are filed directly with Travelex first, so you receive reimbursement faster without needing to go through other insurance providers first.
#2. Rates, coverages, and maximum trip length may vary by state.
#3. $50 deductible for residents of CT, IN, KS, MO, MT, VT, and WA
#4. Pre-existing medical condition exclusions do not apply to residents of NH
#5. Additional benefits are not available for some states.

Who is eligible to buy Travelex Ultimate trip protection insurance?

  • US residents on domestic and worldwide trips.
  • Available for travelers up to 110 years.
  • Maximum trip duration is 180 days.
  • Eligible destinations: All domestic and international locations without OFAC sanctions, and excluding Russia, Ukraine, Belarus, Israel, Palestinian Territories, Haiti, South Sudan, Sudan, Afghanistan, Myanmar, and Yemen; Cuba requires approval.

What are the plan benefits of Travelex Ultimate insurance?

  • Trip Cancellation 100% of insured trip cost (up to $50,000)
    Trip Interruption 150% of insured trip cost (up to $75,000)
    Travel Delay $2,000 (with a daily sublimit of $250 and with a minimum delay of 5 hours)
    Trip inconvenience $600
    Missed connection (air and cruise only) $750 (with a minimum delay of 3 hours)
    Emergency medical evacuation & repatriation of remains $1,000,000
    Baggage and Personal Effects $2,000 (item sublimits apply)
    Baggage Delay $500 (with a minimum delay of 12 hours)
    Kids-included pricing Included
  • Emergency medical expense $250,000 ($50,000 for NH residents)
    Emergency dental expense $500
    Waiver of the pre-existing condition exclusion Included if plan is purchased within 21 days of first trip payment and full trip cost is insured
    Pre-existing medical condition look-back period 90 days Does not apply to NH residents
  • Accidental death & dismemberment (AD&D) $25,000
    Exposure and disappearance $25,000
  • 24/7 emergency assistance Included
    Kids-included pricing Included
    Maximum trip length Up to 180 days
    Review period 21 days
    Sports and activities Included, but limited to eligible activities (optional upgrade available for additional activities)
  • Rental car damage Up to $50,000 with a $100 deductible (Not available if traveling to the following countries: Costa Rica, Ireland, Jamaica, and Mexico.)
    Optional Cancel for Any Reason (CFAR) Up to 75% of insured trip cost up to $7,500 (Cancel for any Fortuitous Reason for residents of NY, other purchase requirements apply )
    Additional medical coverage – additional emergency medical expense Up to $250,000 (Not available to NH residents)
    Adventure activities Available (waives exclusions on certain activities); includes Search and Rescue: $10,000 and Security Evacuation: $100,000 (Not available to IL residents)
    Accidental death for air travel Available up to $200,000, $500,000, or $1,000,000 (Not available to NH residents)
    Pet care Pet Care: $250, Pet Veterinarian Expense: $2,500 ( not available to NY or VA residents)
    Rental property security deposit Up to $2,000
    Cancel for business reasons Up to 100% of insured trip cost up to $10,000
    Additional baggage Up to $3,000 ; Per item limit: $1,500, Electronics/professional equipment: $2,000, Sporting equipment delay: $1,500, Rental: $2,000.

What are the optional upgrades of Travelex Ultimate plan?

The Traveler can purchase an optional rider at the time of application. The optional riders provide additional coverage for a minimal charge.

1. Cancel for Any Reason

Up to 75% of insured trip cost
The Cancel for Any Reason (CFAR) upgrade offers added flexibility by allowing you to cancel your trip for any reason not otherwise covered by your policy and receive up to 75% reimbursement of your insured, nonrefundable trip costs. To be eligible, you must meet the following requirements:

  • Cancellation must occur at least two days before your scheduled departure.
  • The upgrade must be purchased within 21 days of your initial trip deposit.
  • You must purchase the upgrade at the same time as your initial plan.
  • The upgrade must be purchased 31 days or more before your departure
  • The maximum insurable trip cost is $10,000 per person, and you must insure 100% of the trip cost
  • Any additional travel arrangements made later must be insured within 14 days of booking
  • Cancel for any Fortuitous Reason for residents of NY, other purchase requirements apply.

2. Rental car damage

Up to $50,000 with $250 deductible
Covers rental car damage from covered events like collision or theft while the vehicle is in your possession. (Not available if traveling to the following countries: Costa Rica, Ireland, Jamaica, and Mexico.)

More details »

3. Additional Medical Coverage

Up to additional $250,000 emergency medical expense coverage
This upgrade increases your maximum coverage limit for emergency medical treatment if you become sick or injured during your trip. Ideal for travelers seeking enhanced protection beyond the standard plan benefits. (Not available for residents of NH)

More details »

4. Accidental death of air travel

Up to $200,000 ,$500,000 , $1 million
Provides a benefit in the event of loss of life due to a covered injury during air travel. Coverage applies if the insured is injured while boarding, flying as a passenger, or exiting a licensed commercial airline or air charter during the trip. (Not available to NH residents)

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5. Adventure sports coverage

Search & Rescue: $10,000, Security Evacuation: $100,000

Provides coverage for participation in typically excluded activities such as skiing, scuba diving below 75 feet, mountain climbing, bungee jumping, BASE jumping, parasailing, hot-air ballooning, and more. (Not available to IL residents)

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6. Cancel for business reasons upgrade

Up to 100% of insured trip cost up to $10,000

Protects your travel investment by reimbursing nonrefundable prepaid costs if you must cancel your trip due to covered business-related reasons, such as being required to work during your scheduled travel dates.

  • Must be purchased within 21 days of the initial trip deposit
  • Must be purchased at the same time as the base plan
  • Your scheduled departure must be 31 days or more from the purchase date

More details »

7. Security deposit

Up to $2,000

Reimbursement for expenses, such as the cost of repairs, should you cause accidental damage to your accommodations. Does not cover damage from pets, and other exclusions may apply.

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8. Pet care

Pet care benefit ($250), Pet veterinarian expense($2,500)

The Pet Care benefit covers kennel expenses if a covered travel delay prevents you from returning home on time, requiring your dog or cat to stay longer in a licensed kennel. The Pet Veterinarian Expense benefit provides reimbursement for veterinary care if your pet becomes sick or injured while traveling with you.( Not available to NY or VA residents)

More details »

9. Additional baggage

Baggage Upgrade – Additional $3,000; Per-Item Limit: $1,500; Electronics: $2,000; Sporting Equipment Delay (8 hrs): $1,500; Rental: $2,000.

Enhances your coverage for lost or stolen baggage by increasing the maximum benefit limit. This upgrade also adds protection for lost or stolen electronics and professional equipment, as well as coverage for sporting equipment delays or rentals if your baggage is delayed by a common carrier.

More details »

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Travelex Ultimate trip cancellation insurance - FAQ's

1. What does the Travelex Ultimate Plan cover?

Travelex Ultimate plan offers coverage for trip cancellation and interruption, emergency medical expenses, baggage loss or delay, travel delays, and available optional upgrades.

2. Is the Travelex Ultimate Plan suitable for family travel?

Yes, it includes one child (age 17 or under) per insured adult at no extra cost.

3. Are adventure sports covered under the Ultimate Plan?

Yes. They are covered if you purchase the Adventure Sports Upgrade (includes high-risk activities and search & rescue).

4. Are optional upgrades available in all U.S. states?

No, some upgrades (like Cancel for Any Reason) are not available in certain states (e.g., NY, IL, NH, VA).

5. What optional upgrades are available with the Ultimate plan?

Upgrades include Cancel for Any Reason, Cancel for Business Reasons, Medical Upgrades, Adventure Sports, Rental Car Damage, Pet Care, Security Deposit Protection, Accidental Death (Air Travel), and Baggage Upgrade.

6. Do I need to pay extra to include travel protection for my children?

As long as your children are 17 and under, traveling with an eligible adult with a 1:1 ratio, and their trip cost is less than the adult trip cost, your kids will also receive travel protection coverage at no additional cost.

Please note: If you include any upgrade(s) in your policy, the child(ren) listed on your policy will be charged for the upgrade premium.

Please note: If you include any upgrade(s) in your policy, the child(ren) listed on your policy will be charged for the upgrade premium.

7. Does Ultimate insurance offer a pre-existing waiver?

Yes. Pre-existing medical conditions are eligible for coverage when:

  • Plan is purchased within 21 days of initial trip payment
  • Full trip cost is insured
  • Subsequent arrangements are insured within 21 days
  • The traveler is medically able to travel at the time of plan purchase.
  • Pre-existing medical condition exclusions do not apply to residents of NH.
8. How do I purchase the Travelex Ultimate trip Plan?

You can purchase the Travelex Ultimate Plan directly through trusted insurance platforms like American Visitor Insurance. For a quick comparison, expert assistance, and secure checkout, you can purchase the Travelex Advantage Plan easily through American Visitor Insurance.

9. Can the Ultimate plan be used for travel outside of the United States?

The Ultimate plan is Travelex’s best travel insurance plan for traveling internationally because it offers higher benefit amounts that may be needed abroad. With its variety of benefits and optional upgrades, it can provide coverage both stateside and abroad.