Amex Platinum cards are often associated with premium travel benefits, and travel insurance is a key component many cardholders consider. It’s important to understand who provides and underwrites this insurance to fully grasp the coverage and support available.
Who Underwrites Amex Platinum Travel Insurance?
In Canada, AMEX Travel Insurance is provided as optional group travel insurance and is underwritten by established insurance companies. Specifically, you will find two primary underwriters:
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Royal & Sun Alliance Insurance Company of Canada: For certain policies, Royal & Sun Alliance underwrites the insurance. They can be contacted at 1-888-877-1710 in Canada and the U.S., or through their website at www.rsagroup.ca.
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Chubb Life Insurance Company of Canada (“Chubb Life”): Other Amex Travel Insurance policies are underwritten by Chubb Life. They can be reached at 1-877-777-1544 in Canada or online at www.chubb.com/ca.
It’s crucial to check your specific policy documents to identify the exact underwriter for your Amex Platinum travel insurance plan.
Key Considerations for Your Amex Platinum Travel Insurance
When considering or utilizing your Amex Platinum travel insurance, keep these points in mind:
- Optional Coverage: AMEX Travel Insurance is optional. You are not obligated to purchase it through Amex Bank of Canada.
- Policy Terms and Conditions: All insurance coverage is subject to the terms and conditions outlined in the Group Policy issued to Amex Bank of Canada. It’s essential to carefully review the Certificate of Insurance you receive upon enrollment for complete details on coverage, limitations, and exclusions.
- Amex Bank of Canada’s Role: Amex Bank of Canada identifies insurance providers and products but acts as an intermediary. They may receive compensation from insurance providers, and this compensation can vary. Amex Bank of Canada is not your agent or fiduciary in this process.
- Independent Choice: You are free to explore and obtain travel insurance from other sources and providers, potentially on different terms.
Understanding these aspects of your Amex Platinum travel insurance will help you make informed decisions about your travel protection needs. Always prioritize reading your Certificate of Insurance to be fully aware of your coverage.
