Large Travel Insurance Companies in the Market |



Travel insurance is one of those things you hope you will never need to use, but it’s essential to have just in case. After all, you can’t put a price on peace of mind.

But with so many travel insurance providers out there, how do you choose wisely?

When buying a travel insurance policy, you should always compare price, coverage options and policy exclusions and limitations. But it is also important to choose a policy that is offered by a reputable provider. Why? Because if something does go wrong on your travels, a reputable company will have the resources and expertise to assist you in an emergency, whether that’s a medical issue, trip cancellation, or lost luggage.

A reputable travel insurance company will also be transparent about its coverage and exclusions. Finding out later that your policy doesn’t cover the specific type of incident that you’re dealing with is the last thing you want. A good provider will clearly outline what’s covered and what’s not, so you can make an informed decision before you buy.

In this article, we’re going to provide an overview of the major travel insurance companies in the market today.

1. AIG Travel Guard

AIG Travel Guard is a leading travel insurance provider that offers a wide range of coverage options to travelers around the world. AIG Travel Guard has built a reputation for providing reliable and comprehensive protection for both domestic and international trips.

AIG Travel Guard’s policies cover all kinds of travel-related issues, like trip cancellation, medical emergencies, lost or delayed baggage, and more. In addition to their standard travel insurance plans, AIG Travel Guard also offers specialized coverage for adventure sports and activities, as well as business travel.

AIG Travel Guard currently offers three plans – Essential Plan, Preferred Plan, and Deluxe Plan – which differ in terms of coverage levels and benefits offered.

2. Allianz Global Assistance

Allianz Global Assistance is another major travel insurance provider that offers a variety of plans to protect travelers against unexpected situations before and during their trip and has sold over 55 million policies.

Allianz Global Assistance’s plans are broken down into three categories: single trip, annual/multi-trip, and rental car insurance. They offer five travel insurance plans for single trips, four plans for annual/multi-trips, and one plan for rental car insurance.

These plans can provide coverage for both domestic and international travel.

3.  Arch RoamRight

Arch RoamRight is a travel insurance company that prides itself on providing travelers with outstanding service, exceptional value, reasonably priced products, and convenient travel tools that make submitting claims easy.

Their coverage options include trip cancellation, accident and sickness, trip interruption, emergency medical evacuation, baggage loss or delay, and rental car coverage.

Arch RoamRight currently has five travel insurance plans, including plans for sports, multi-trips, and a medical emergency plan.

4. AXA Assistance USA

AXA Assistance USA is a highly recognized and trusted brand in the travel insurance industry, having been ranked as the number one global insurance brand for 10 years in a row.

In addition to offering a wide range of travel insurance plans, travelers also love their 24/7 concierge service which is designed to assist with leisure and entertainment requests as well as travel related services.

AXA Assistance USA offers three comprehensive plans, Silver, Gold, and Platinum, with the option to add on additional insurance benefits like “Cancel For Any Reason” and rental-car damage coverage.

Depending on the plan you choose, you can find coverage for trip cancellation, trip interruption, baggage loss, medical expenses, pre-existing condition exclusion waivers, sports equipment rentals, lost skiing days, and more for domestic and international travel.

5. Berkshire Hathaway Specialty Insurance

Berkshire Hathaway Specialty Insurance, also commonly known as BHSI, is a global insurance company and subsidiary of Berkshire Hathaway, a multinational conglomerate headed by the billionaire investor Warren Buffett.

BHSI offers a range of commercial insurance products, including property, casualty, healthcare, professional liability, and travel coverage. They have a global presence with offices in North America, Europe, and Asia, and are known for their financial strength and underwriting expertise.

When it comes to travel insurance, they currently offer four specialized travel insurance plans – AdrenalineCare for adventure travelers, LuxuryCare and their highest travel insurance limits for luxury travelers, AirCare for flight travel insurance, and WaveCare for cruise travel insurance.

6. Generali Global Assistance

Generali Global Assistance is another major travel insurance company that assists roughly six million travelers each year and has received multiple awards.

They currently offer three plans – Premium, Preferred, and Standard, which coverage options include baggage loss, medical and dental, trip cancellation, and trip interruption.

7. IMG

IMG (International Medical Group) is a travel insurance company that offers a range of plans for both domestic and international travel. Like other companies on this list, IMG is a trusted name in the industry, providing coverage for individuals, families, and groups, as well as offering 24/7 customer support.

What sets IMG apart from other travel insurance companies is that it also offers specialized medical insurance for ship captains and crew members, missionaries, and students, as well as adventure travel coverage and trip cancellation plans.

8. John Hancock

John Hancock Travel Insurance is a subsidiary of the John Hancock Financial Network, one of the biggest insurance companies in the United States. The company offers a comprehensive range of benefits specially designed for travelers, like 24/7 support, coverage for trip cancellation, trip interruption, missed connections, baggage or personal effects, emergency medical expenses, primary coverage for accidents and sickness, and much more.

John Hancock’s plans are customizable and they offer a variety of add-ons for additional coverage and flexibility.

9. Seven Corners

Seven Corners is a trusted travel insurance company that has been in the travel insurance industry for over 25 years.

Seven Corners offers comprehensive travel insurance plans for both U.S. residents and foreigners, including visitors and immigrants coming to the United States. Seven Corners also offers annual, medical-only and student plans, along with plans designed for extreme sports enthusiasts.

10. C&F Travel Insured International

C&F Travel Insured International is a leading travel insurance provider that has been providing worldwide travel protection for over 25 years, offering an array of travel protection benefits, like trip cancellation, trip interruption/delay, medical protection, baggage protection, rental car coverage, cancel for any reason coverage, and additional optional add-ons.

C&F Travel Insured International also maintains connections with specialty travel providers and tour operators, and offers 24/7 insurance assistance to ensure travelers can relax and travel with peace of mind.

11. Trawick International

Trawick International is a top-rated travel insurance company that puts travelers first. Forbes Advisor has named Trawick International as one of the Best Travel Insurance Companies for three consecutive years, recognizing its commitment to consumer advocacy and quality coverage.

With trip cancellation plans, top-rated cruise insurance, and adventure travel coverage for over 500 activities, Trawick International creates travel insurance plans that suit a variety of needs. Their 24/7 customer service team is always available to answer questions and make changes to your policy.

12. WorldTrips

WorldTrips is another reputable travel insurance company that has been around for over 23 years, and is dedicated to providing a range of travel medical and trip cancellation insurance plans tailored to suit all kinds of requirements of individuals, groups, and organizations worldwide.

WorldTrips’ goal is to alleviate the stress of unforeseen travel mishaps and emergencies by offering flexible travel insurance plans with ample coverage, access to quality healthcare, and around-the-clock emergency travel assistance to support travelers during unexpected incidents while exploring the world.

Final Thoughts

As you can see, there are plenty of reputable travel insurance companies that are well-known in the industry for providing quality coverage for travelers.

To easily compare policies from major providers in the market, simply use our comparison engine. offers an easy-to-use platform to help you find the best rates and coverage from top rated insurers for your next trip without the hassle of shopping around.


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