Allianz Global Assistance has had travel insurance products since the 1950s, though under a different company name at first. In 2010, Mondial Assistance joined Allianz Group, and Allianz Global Assistance was created. 

Allianz’s headquarters are in Munich, Germany, and the company has regional offices in 78 countries. The company is one of the world’s largest providers of comprehensive and specialty travel insurance products and services. The company revamped and re-introduced its new product offerings on May 1, 2023.

Advantages

• No medical questionnaire is required and a 90-day stability period under age 65 (150-day stability for those over age 65)
• No maximum age limit on most plans
• All travel plans include dedicated 24-hour assistance

Disadvantages

• Only two deductible options – $0 and $500
• Many customer complaints about the claims experience before the 2023 new product launch – this appears to have now been resolved
• The Annual Flex Plan requires you to pre-determine the number of days and location of your travel for the year in advance

Allianz Travel Insurance Plans

Allianz offers multiple travel insurance plans for Canadians, including the

• Emergency Medical Plan (single-trip and multi-trip)
• Comprehensive Package Plan (single-trip and multi-trip)
• Youth Plan
• Non-medical Package Plan
• Trip Cancellation and Interruption Plan
• Trip Interruption Plan
• Allianz Medical Flex Plan

Allianz Emergency Medical Plan

Allianz Emergency Medical Plan (Single-trip)

This plan is available for any traveller with no age limit. Over age 65 requires a simple medical questionnaire. This single-trip plan by Allianz plan includes Emergency Medical cover of up to $10 million, $5,000 dental emergency, accommodation and meals amounts of up to $300 per day for a maximum of $1,500, vehicle return cover for up to $5,000, 24/7 assistance, among other benefits.

It doesn’t include trip cancellation, trip interruption, travel delay, or baggage coverage. You need to purchase separate non-medical coverage or the comprehensive package for trip cancellation, interruption, travel delay, and baggage benefits.

Allianz Emergency Medical Plan (Multi-trip)

This Emergency Medical Multi-trip plan is offered as a 4, 8, 15, or 35-day annual policy and is available for individuals and groups (not restricted to families).

Like the single-trip plan, the Emergency Medical Multi-trip Plan also has no age limit. The benefits are the same on both emergency medical plans.

The only difference between the Allianz Emergency Medical Single-trip Plan and the Allianz Emergency Medical Multi-trip Plan is that the multi-trip plan is an annual 365-day plan that allows you to take unlimited trips during your coverage period. Depending on the policy you choose, you can get up to 35 days of coverage per trip. 

Allianz Comprehensive Package Plan

Allianz Comprehensive Package Plan (Single-trip)

This plan includes a complete package of all Allianz travel benefits including medical and non-medical coverage. This plan is available before departure and after departure.

Some of the benefits on the comprehensive plan include:

• Emergency medical coverage of up to $10 million, 
• Dental coverage up to $5,000, 
• Trip cancellation up to the sum insured, 
• Trip interruption pre-paid and transportation expenses coverage, 
• Travel delay of up to $350 per day to a maximum of $1,500,
• Baggage loss coverage of up to $1,000, 
• Baggage delay of up to $400, 
• Accommodation and meals of up to $300 per day up to $1,500, 
• Travel accident coverage up to $100,000, and
• 24-hour assistance.

Allianz Comprehensive Package Plan (Multi-trip)

The Allianz Comprehensive Multi-trip Package includes the same benefits as the Comprehensive Single-trip plan. 

However, the Comprehensive Multi-trip Plan is an annual 365-day plan that allows you to take unlimited trips of up to a select amount of days per trip during your coverage period. With the comprehensive plan, you can choose either a 15-day multi-trip plan or a 35-day multi-trip plan. 

Allianz Youth Plan

The Allianz Youth Plan is designed for young Canadians up to the age of 29. 

Benefits include emergency medical coverage up to $1 million, $5,000 dental coverage, emergency medical transportation, $5,000 return of vehicle, $100,000 travel accident coverage, and 24-hour assistance, among other benefits. 

This policy also includes non-medical coverage benefits such as trip cancellation up to the sum insured, trip interruption for pre-paid expenses and transportation expenses, travel delay of $350 per day up to a maximum of $1,500, $1,000 of baggage loss, and $400 for baggage delay.

Allianz Non-medical Package Plan

The Allianz Non-medical Package Plan provides coverage for expenses that aren’t medical. This policy has no age limit. 

Benefits include trip cancellation up to the sum insured, prepaid trip interruption expenses up to the sum insured, unlimited trip interruption transportation expenses, travel delay of $350 per day up to a maximum of $1,500, $1,000 of baggage loss, $400 for baggage delay, $100,000 travel accident coverage and 24-hour assistance.

Allianz Trip Cancellation and Interruption Plan

The Allianz Trip Cancellation and Interruption Plan provides trip cancellation and interruption coverage if a prepaid trip is cancelled before your departure, or delayed or interrupted.

Trip cancellation and prepaid trip interruption expenses coverage is included up to the sum insured, trip interruption transportation expenses are unlimited, and travel delay coverage is included up to $350 per day to a maximum of $1,500, along with 24-hour assistance.

This policy does not include travel accident coverage, baggage loss and delay, or emergency medical coverage.

Allianz Trip Interruption Plan

The Allianz Trip Interruption Plan is a plan covering instances where you need to interrupt your prepaid trip for a covered reason. 

Unlimited transportation trip interruption expenses are covered, along with a travel delay benefit of up to $350 per day to a maximum of $1,500, and 24-hour assistance. 

Trip cancellation, trip interruption prepaid expenses, baggage coverage, travel accident, and emergency medical coverage are not included in this policy.

Allianz Annual Medical Flex Plan

The Allianz Medical Flex Plan provides emergency medical coverage for travel outside of Canada, providing coverage for a specific number of travel days within one year, based on individual travel plans. You get a choice of 10 flexible annual travel day options.

Coverage days can be used across multiple trips to international destinations including the United States (if selected). The policy acts as a bank of travel days to withdraw from.

Benefits include emergency medical cover of up to $10 million, dental to $5,000, emergency medical transportation, accommodation and meals of up to $500 per day up to $5,000, vehicle return of up to $5,000, pet return of up to $500, and 24-hour assistance. Plus, children travel free with individually rated adults. 

Comparing Allianz Canada’s Travel Insurance Plans

Tips for Saving with Allianz Travel Insurance

If you take two or more trips per year, a multi-trip (annual) policy can save you money. The Flex Plan is usually cheaper, but you need to know all planned travel for the year in advance. The $500 deductible level reduces the premium by approximately 25%.

Refunds

You can get a refund on your insurance premium if you cancel the policy within 10 days after purchase. However, this applies if you have not left for your trip or filed a claim.

You Need to Know

• Allianz Canada Travel Insurance policies are underwritten by CUMIS General Insurance Company, a member of The Co-operators group of companies and/or AZGA Service Canada Inc. operating as Allianz Global Assistance (AGA).
• To qualify for the Allianz travel insurance products you need to be a Canadian citizen with a Canadian Government Health Insurance Plan.
• Policies do not cover expenses related to travel in any countries for which the Canadian government has issued a Travel Warning in writing.
• Policies and coverage can change at any time, without warning. This article is only intended as general advice. Please check your own policy carefully.

How to Learn More

You can learn more about Allianz Travel Insurance products online or by phoning 1-844-310-1578

Want to Compare Allianz Canada’s Travel Insurance Rates?

The easiest way to compare Canadian travel insurance rates is to use a comparison website.

Comparison websites, like BestQuote Travel Insurance, let you compare quotes for travel insurance from several different companies at once. Type in a few details about your trip, and compare policy coverage and prices to help narrow down your choice.

*As always, the information on this page is from one Canadian traveller to another. We have spent years abroad and have gotten to know the ins and outs of the industry however we are not travel insurance agents. If you have any travel insurance questions, please talk to a qualified travel insurance agent or broker. Finally, policies and plans can and do change all the time, without warning, so always consult your insurance policy since that is the legal document to which you are agreeing to.

*This article is only intended as general advice. Please check your own policy carefully.