The Scotiabank Gold American Express card is an excellent everyday travel rewards credit card. You’ll have a great earning on everyday purchases that can be redeemed for travel later on. Plus, if you’ve ever worried while on vacation about your safety and possible lost or additional costs, the card features a broad selection of credit card travel insurance that will cover you across many incidents.
Here’s a summary of what you’ll find on the Scotiabank credit card:
|Car rental insurance||$65,000|
|Trip cancellation||$2,500 per person | $10,000 per trip|
|Trip interruption and delay||$2,500 per person | $10,000 per trip|
|Flight delay||$500 per person (4+ hour delay)|
|Travel medical emergency||$1,000,000 | 25 days (under 65) or 10 days (over 65)|
|Lost baggage||$1,000 per trip|
|Delayed baggage||$1,000 per person (4+ hour delay)|
|Hotel/motel burglary||$1,000 per person|
Here’s a quick look at what this card’s travel insurance includes:
Travel accident insurance
If you suffer a loss as a result of an accidental bodily injury sustained while occupying a common carrier, you’re eligible for this coverage.
Example: If you’re in a train accident where you lose your speech and hearing, you can receive compensation for your loss through travel accident insurance.
Coverage: You can receive up to $500,000 in compensation.
Car rental insurance
If your rental vehicle is damaged or stolen while rented out in your name, you’re covered up to the vehicle’s actual cash value plus valid loss of use charges. This insurance plan also includes coverage against the theft of, or damage to, your personal effects, as well as any loss resulting from an accidental bodily injury sustained while in the rental car.
Example: If your rental vehicle door is scratched while parked in a lot, you can receive coverage for the damage.
Coverage: You’re eligible for up to $65,000 in coverage.
If you have to cancel your trip before it has even started, your prepaid travel costs will be covered up to a maximum amount if the cause of cancellation is eligible for the insurance.
Example: If you break your leg prior to a trip and your doctor advises you not to travel, you can receive coverage for cancelling your trip.
Coverage: You’ll receive up to $2,500 per person and $10,000 per trip.
Trip interruption and delay
If your trip has to be cut short or is delayed after the scheduled departure date, you’ll be covered up to a maximum amount if the cause of interruption or delay is eligible for the insurance.
For example: If you unexpectedly fall ill while on vacation causing you to have to delay part of your trip, you can receive coverage to help pay for additional cost of alternative arrangements and reimbursement for any prepaid nonrefundable expenses.
Coverage: You can receive up to $2,500 per person and $10,000 per trip.
If your departing flight is delayed by a certain number of hours, you’ll be reimbursed up to a certain amount for necessary and reasonable expenses incurred during the delay.
Example: If your flight home is delayed due to bad weather, you can receive coverage for reasonable expenses such as meals, accommodations, and sundry items.
Coverage: You’re eligible to receive up to $500 for any delay beyond four hours.
Travel medical emergency
In the event that you require urgent medical care while on a trip outside of your home province, you’ll be covered for any eligible medical expenses incurred.
Example: If you fall while on vacation such that you require stitches for your injuries, you can receive coverage for the hospital expenses you incur.
Coverage: You’re covered up to $1,000,000 for 25 days if you’re under 65 years old, or 10 days if you’re older than 65.
In the event that your checked baggage cannot be located by a common carrier, you’ll be reimbursed for a portion of the replacement cost of lost personal property.
Example: If your checked luggage is lost by the airline, you can receive coverage for replacing the lost items.
Coverage: You can receive up to $1,000 per trip.
If your checked baggage is not delivered within a specified time frame from the time of your arrival at your destination, you will be reimbursed for the cost to replace essential items.
Example: If you’re travelling to San Francisco and your checked luggage has been delayed with the airline for a number of hours, you can receive reimbursement for essential expenses.
Coverage: You’re covered for up to $1,000 per trip for any delay greater than four hours.
If your personal property is stolen from your hotel/motel room and there is evidence of forceful entry, you will be reimbursed for the stolen property up to a certain amount.
Example: Coming back to your hotel room you find that the door has been jammed open and many of your personal belongings are missing. You can receive coverage for the cost of replacing some of your stolen items.
Coverage: You’re eligible to receive coverage up to $1,000 per person.
Note: this doesn’t provide full details of Scotiabank Gold American Express travel insurance plan. You should consult your insurance policy prior to booking your vacation without additional insurance.
The Scotiabank Gold American Express card has one of the broadest insurance policies on the market. If this is what you’re looking for in your travel rewards credit card, here are some of the card’s additional highlights:
- 5 Reasons Why You Need Travel Insurance
- Canada’s Best Travel Rewards Credit Cards for 2016
- Things to do With Your Money Before Travelling