Complimentary credit card travel insurances - Any adequate ones?

[straitman]

For the Platinum Card:
1. You are a Card Member or an Additional Card Member or their:
a. Spouse; or
b. Dependent Child.
2. You are a Resident of Australia.
3. You pay the entire cost for renting a Rental Vehicle using Your:
i. American Express Card Account; and/or
ii. corresponding American Express Membership Rewards points; and/or
iii. Travel Benefit.4.
You hold an eligible American Express Card Account which is current (meaning it is not cancelled or suspended).
5. You are 21 years of age or older and 79 years of age or younger when You make Your Qualifying Rental Vehicle Purchase.

If You have satisfied the eligibility criteria,
You will be eligible to make a claim for theRental Vehicle that eligibility condition 3 applies to.

 

[p--and--t]

For my last couple of trips, I’ve relied on the credit card insurance (after checking that it satisfied my needs), and then bought a separate basic cover, with a motorcycle add-on pack. Both times about $40.

My neighbour is going to a small island in Indonesia next month and the transport there is mainly motorcycle taxis. He was alarmed to find out this week he is no longer covered with his cc insurance (changed T&Cs) if he is pillion on a registered motorcycle taxi. On his behalf, could you please share more about the $40 policy that covers motor cycles.

 

[There'sOnlyOneJimmy]

My neighbour is going to a small island in Indonesia next month and the transport there is mainly motorcycle taxis. He was alarmed to find out this week he is no longer covered with his cc insurance (changed T&Cs) if he is pillion on a registered motorcycle taxi. On his behalf, could you please share more about the $40 policy that covers motor cycles.

Have a look at Go Insurance (underwritten by Lloyds).
The General Exclusion Section entry in the PDS *at that time* included the following:

Use of a two-wheeled or three-wheeled motor vehicle
(including but not limited to; motorcycles, mopeds and
scooters) unless;
i) you as the driver or passenger are wearing a helmet (this
is irrespective of the law in the country you are in);
ii) you, or the driver if you are the passenger, hold a driving
licence appropriate for the country you are in, and
iii) if using a motorcycle with an engine capacity of 125cc or
higher, you hold a current and valid unrestricted license
required for driving an equivalent rated motorcycle in
Australia up to a maximum 1200cc.

Of course *everybody* asks to see the moto taxi drivers license before they jump on…

 

[p--and--t]

Have a look at Go Insurance (underwritten by Lloyds).
The General Exclusion Section entry in the PDS *at that time* included the following:

Use of a two-wheeled or three-wheeled motor vehicle
(including but not limited to; motorcycles, mopeds and
scooters) unless;
i) you as the driver or passenger are wearing a helmet (this
is irrespective of the law in the country you are in);
ii) you, or the driver if you are the passenger, hold a driving
licence appropriate for the country you are in, and
iii) if using a motorcycle with an engine capacity of 125cc or
higher, you hold a current and valid unrestricted license
required for driving an equivalent rated motorcycle in
Australia up to a maximum 1200cc.

Of course *everybody* asks to see the moto taxi drivers license before they jump on…

Thankyou

 

[Bolt]

For my last couple of trips, I’ve relied on the credit card insurance (after checking that it satisfied my needs), and then bought a separate basic cover, with a motorcycle add-on pack. Both times about $40.

How do you buy separate add-on cover without going into the realm of having different insurance policies? My understanding was that if you had more than one policy, that they'd point the finger at each other and neither would pay.

Also, which CC insurance had that ability?

That is not an issue.

Well, it is if you want to ride a motorbike or scooter of a certain capacity through certain countries. I don't quite follow your post as to how it's a non-issue. Could you elaborate how that helps someone with this risk profile?

 

[There'sOnlyOneJimmy]

How do you buy separate add-on cover without going into the realm of having different insurance policies? My understanding was that if you had more than one policy, that they'd point the finger at each other and neither would pay.

I’m not an insurance expert, so I can’t debate this with you.
Hopefully someone among us will be able to clarify.

 

[MEL_Traveller]

How do you buy separate add-on cover without going into the realm of having different insurance policies? My understanding was that if you had more than one policy, that they'd point the finger at each other and neither would pay.

If you had to make a claim you’d need to disclose you had multiple policies. They’ll agree between themselves how to pay you… either one will pay, they’ll split it, or one will take the main part and the other pays the difference.

 

[Cynicor]

you, or the driver if you are the passenger, hold a driving
licence appropriate for the country you are in

I think someone prior to the quoted post interpreted to mean you needed a local licence to have motorcycle cover.

It does not, it only means you need to be following local licensing laws which may require you to hold an Australian licence, an IDP or, potentially, be locally licenced.

On the multiple insurances front, if only one covers you for bikes then you don’t hold multiple policies for that event and I would not inform the insurer.

Whenever I travel I typically have multiple policies (diving cover, ski cover, random cover from my CC etc) and it’s never been a problem claiming on the correct one

 

[Tiki]

I paid for our upcoming trip to the Philippines on my Amex Platinum Edge. I am confident that I am covered but is my husband also covered? The flights and several hotels are paid on my own Amex.

 

[Atleastonce]

If you had to make a claim you’d need to disclose you had multiple policies. They’ll agree between themselves how to pay you… either one will pay, they’ll split it, or one will take the main part and the other pays the difference.

Technically not correct. whilst it is legal to have multiple policies for the same risk each PDS maybe different and cover different aspects of the claim. It is not as simple as splitting the claim payout and can be a complex negotiation between insurers, too complex for a detailed discussion on insurance law in this forum.

 

[MEL_Traveller]

Technically not correct. whilst it is legal to have multiple policies for the same risk each PDS maybe different and cover different aspects of the claim. It is not as simple as splitting the claim payout and can be a complex negotiation between insurers, too complex for a detailed discussion on insurance law in this forum.

Which is, I believe, exactly what i said!

The insurers will agree between them how they pay your claim. It’s not something the insured would need to get involved in.

 

[Atleastonce]

How do you buy separate add-on cover without going into the realm of having different insurance policies? My understanding was that if you had more than one policy, that they'd point the finger at each other and neither would pay.

Also, which CC insurance had that ability?


Well, it is if you want to ride a motorbike or scooter of a certain capacity through certain countries. I don't quite follow your post as to how it's a non-issue. Could you elaborate how that helps someone with this risk profile?

your comment about finger pointing and neither would pay is old school thinking. The General Insurance Code of Practice covers insurers conduct (which travel insurance is covered) and is governed by the Code governance Committee as the quasi regulator of the code which in turn can sanction insurers. ASIC and AFCA also use the ‘code’ as a benchmark along with insurance contracts act, corporations act and regulatory guides et al to make sure the consumer is well treated. I am not saying all insurers do the right thing all the time. insurers have claims responsible managers under their operating licenses who are overall responsible for claims actions and decisions, who take their responsibilities seriously and can be held accountable for their claims staff actions.

 

[lahlee]

For my last couple of trips, I’ve relied on the credit card insurance (after checking that it satisfied my needs), and then bought a separate basic cover, with a motorcycle add-on pack. Both times about $40.

That sound sensible! Can I ask which insurer you used?

 

[There'sOnlyOneJimmy]

That sound sensible! Can I ask which insurer you used?

Refer post #63

 

[Bolt]

I think someone prior to the quoted post interpreted to mean you needed a local licence to have motorcycle cover.

It does not, it only means you need to be following local licensing laws which may require you to hold an Australian licence, an IDP or, potentially, be locally licenced.

On the multiple insurances front, if only one covers you for bikes then you don’t hold multiple policies for that event and I would not inform the insurer.

Whenever I travel I typically have multiple policies (diving cover, ski cover, random cover from my CC etc) and it’s never been a problem claiming on the correct one

Not credit card insurance per se, but I once had a Medibank Private Travel Insurance policy that had this wording around riding motorcycles. You had to be licensed in both countries. Perhaps they didn't mean to word it this way, but who can say. I remember it clearly, because I had checked it multiple times specifically for cover and then unfortunately as I had to make a claim at one stage.

 

[lahlee]

Refer post #63

Ta, I was viewing on my phone and got a bit lost in the off-topic comments

 

[theblank]

Well, it is if you want to ride a motorbike or scooter of a certain capacity through certain countries. I don't quite follow your post as to how it's a non-issue.

how could you not follow, there was two paragraphs underneath me saying "this is not an issue" elaborating how its a non-issue (in respect of complimentary credit card insurances)

Could you elaborate how that helps someone with this risk profile?

if you dont have an Australian motorbike license you cant get Travel Insurance for riding a motorbike overseas. Period. got nothing to do with complimentary credit cards insurance.

 

[evaret]

We recently bought our airfares Brisbane -London and return using our Westpac Credit card. Yah!
And their travel insurance looks good - so far.
So this thread has been a great help. Thank you.
But I do have a question about Preexisting medical conditions.
I have recently been told I have Atrial fibrillation and am starting on blood thinners.
If , say, Westpac/Alliance don't accept the PEMC, my reading is that I am not covered for that condition. But there is coverage for other events.
Am I reading that right?
Thanks for any advice
Cheers

 

[MEL_Traveller]

We recently bought our airfares Brisbane -London and return using our Westpac Credit card. Yah!
And their travel insurance looks good - so far.
So this thread has been a great help. Thank you.
But I do have a question about Preexisting medical conditions.
I have recently been told I have Atrial fibrillation and am starting on blood thinners.
If , say, Westpac/Alliance don't accept the PEMC, my reading is that I am not covered for that condition. But there is coverage for other events.
Am I reading that right?
Thanks for any advice
Cheers

That’s the *usual* application of the rules. Almost universal I would say. But if in doubt contact the insurer through the number provided.

 

[evaret]

Thanks MEL_Traveller
Cheers