Allianz Global Assistance Insurance Review & Complaints: Travel Insurance (2023)

Allianz Global Assistance is the travel insurance branch of a family of companies that form the biggest insurer in the world, Allianz AG. Whether you find yourself falling ill, canceling a trip or suffering from an accident Allianz offers you coverage.

So, whatever your plans – a month-long tour or an overnight business trip – you can make your plans with confidence that if faced with a last-minute crisis, an Allianz travel insurance policy can cover you.

They offer a wide variety of plans with different levels of coverage and different rates, including single flights, multi-trip, frequent travelers, and business traveler plans. We can help. Enter your ZIP code above to find quotes from a wide range of travel insurance companies.

What is Allianz Global Assistance’s Travel Insurance Company?

Allianz Global Assistance is part of Allianz AG, a company founded in Germany in 1890. For 2017, Allianz AG ranked at number 34 on the Fortune Global 500 list, making them a major powerhouse worldwide. They operate in over 70 countries.

But the big question: Is Allianz travel insurance any good?

The travel insurance branch of the larger company, Allianz Global Assistance, was created in 1950 as ELVIA, a Swiss company. In 1995, Allianz acquired ELVIA and merged it with several other companies; in 2007 it began operating as Mondial Assistance and sold travel policies under the name Access Assistance in the United States. In 2012, the name was changed to Allianz Global Assistance, bringing the brand under one name. The U.S. headquarters is located in Virginia, with 33 other offices operating in 28 different nations.

Like many travel insurance companies, Allianz Global does not underwrite its own policies. In the U.S., insurance benefits are underwritten by several companies: BCS Insurance Company, Jefferson Insurance Company, and Nationwide Mutual Insurance (including its affiliates). Allianz handles all other travel insurance benefits directly.

As a big name in travel insurance, Allianz is often coverage offered by travel sites when booking trips. Coverage is also sold online and through independent agents across the country.

What is covered under Allianz travel insurance?

Plans are sold as a single trip or annual trip packages, with rental car coverage offered as an add-on. All single trip plans are under a new name since our last review, OneTrip, and all annual plans under the AllTrips name.

OneTrip Plans

There are five pans under the OneTrip name, each with varying levels of coverage. All plans include 24-hour travel assistance. Most include coverage for pre-existing conditions if requirements are met.

Cancellation Plus is a basic plan that covers trip cancellation and interruption at 100% of trip cost. It also includes $150 for trip delay. This is the most affordable plan and does not include any medical coverage or other benefits.

Basic is the next step up plan that includes more benefits on top of simple trip protection. In addition to 100% trip cancellation and interruption, it kicks up the trip delay coverage to $300 and includes baggage loss and delay coverage. The plan has $10,000 in emergency medical and $50,000 in emergency medical transportation benefits.

Prime is a package plan that includes coverage for kids 17 and under free when traveling with a parent or grandparent. Trip interruption coverage is increased to 150%, with other benefits increased as well, including trip delay and baggage coverage. This plan also includes missed connection reimbursement, change fee coverage, and even coverage for frequent flyer mile redeposit fee.  Emergency medical coverage is $25,000, and transportation $500,000.

Premier is the most comprehensive plan with the highest benefit limits. Both emergency medical and transportation coverages are doubled. Trip interruption is the same as Prime, but all other benefits are increased.

Emergency Medical is a medical needs-focused plan that also includes some travel coverage. This plan doe not have trip cancellation or interruption coverage, but does include baggage loss or delay, trip delay, missed connection reimbursement, and itinerary change benefits. This plan has $50,000 in accident or illness coverage and $250,000 in emergency medical transportation coverage. Also included are accidental death and dismemberment and repatriation of remains.

AllTrips Plans

The Basic annual plan does not include trip cancellation or interruption coverage but does have a list of other benefits. Emergency medical is covered at $20,000, with transportation at $100,000. Travel accident coverage is included, as is rental car coverage. Trip coverage includes baggage loss or delay and missed connection coverage.

Prime includes $2,000 in coverage each for trip cancellation or interruption, as well as several other travel benefits. Emergency medical and transportation coverage are the same as the Basic plan, and again, travel accident and rental car coverage are included.

It also offers medical condition coverage if you have an existing chronic or recently diagnosed medical condition for no additional costs. However, you must meet certain requirements — you must insure the entire trip cost within 14 days of paying the deposit and must be medically able to travel at the time of purchase.

Executive Plan is the annual travel insurance plan designed for business travelers. Trip cancellation and interruption are both covered at $5,000. It includes emergency medical at $50,000 and medical transportation at $500,000. In addition to an array of common travel protection insurance benefits, this plan includes coverage for business equipment and also has rental car coverage.

Premier is a comprehensive annual travel protection plan that works for both business and pleasure travel. It includes similar coverage levels to the executive plan and also offers business equipment and rental car coverage.

Rental Car Coverage

Allianz also offers a Rental Car Damage plan that can be purchased a la carte. It offers $40,000 in damage coverage and 24-hour assistance for a daily rate of $9.

What are the rates for Allianz Global Assistance?

We ran a quote for a 7-day international trip with a value of $5,000, for a single 30-year-old traveler. The quote system returned three out of the listed OneTrip plans.

The Basic plan came back at $151, Prime added only $20 to the overall price, and Premier took a big hike up to $231. These rates are mid-range for this type of travel plan; they are not the lowest we have seen, but not on the highest end either. We have seen basic plans elsewhere that offer more coverage for less money in major areas such as medical transportation.

We also ran a quote for an annual plan, which came back at a rate of $125 for the base insurance plan. The quote also gave us a rate of $249 for the Prime option and $459 for the Executive plan. The quote system did not return a rate for the Premier option, although we would expect it to be similar in price to the Executive option due to similar coverage. For those who do a lot of traveling, these plans are definitely a better value than the per-trip plans.

Since travel plan limits can vary greatly, rate comparisons are somewhat general. It is very important to look at all of the coverage when comparing two plans to determine the overall value as well as which coverage is of the greatest importance to you.

Allianz Global Assistance Claims Process

Ease of Filing a Claim

Allianz Global Assistance offers a straightforward and user-friendly process for filing claims. Customers have multiple options for submitting claims, including online, over the phone, or through the company’s mobile app.

This flexibility ensures that policyholders can choose the method that suits them best. Whether you prefer the convenience of filing claims online, the personal touch of speaking with a representative over the phone, or the efficiency of using a mobile app, Allianz Global Assistance has you covered.

Average Claim Processing Time

While specific claim processing times can vary depending on the nature of the claim and the documentation provided, Allianz Global Assistance is known for its efficient and prompt claims processing.

The company understands the importance of quickly addressing customers’ needs, especially during stressful situations while traveling. Policyholders can generally expect timely responses and resolutions when filing claims with Allianz Global Assistance.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback is an essential aspect of evaluating an insurance provider’s claims process. Allianz Global Assistance has received positive reviews from customers regarding its claim resolutions and payouts. Many policyholders have reported satisfaction with the company’s willingness to honor claims promptly and fairly.

This positive feedback underscores Allianz Global Assistance’s commitment to providing reliable support to its customers during their times of need.

Allianz Global Assistance Digital and Technological Features

Mobile App Features and Functionality

Allianz Global Assistance offers a feature-rich mobile app designed to enhance the overall customer experience. The app provides users with convenient access to their policy information, including coverage details and contact information for assistance while traveling.

Additionally, policyholders can use the app to file claims, track the status of existing claims, and receive real-time updates on their claims’ progress. The intuitive interface and user-friendly design make it easy for customers to navigate and utilize the app’s features effectively.

Online Account Management Capabilities

Managing your insurance policies and accounts online has never been easier with Allianz Global Assistance. The company’s online account management platform empowers policyholders to view and update their policy information, make payments, and access important documents securely.

This digital convenience streamlines administrative tasks and allows customers to have greater control over their policies, ensuring they stay informed and up-to-date.

Digital Tools and Resources

Allianz Global Assistance offers an array of digital tools and resources to assist travelers in planning and protecting their trips. These resources include informative articles, travel tips, and destination guides available on the company’s website.

Additionally, customers can access travel alerts and updates through the website or mobile app, helping them stay informed about potential travel disruptions or safety concerns. These digital tools and resources contribute to a seamless and informed travel experience for Allianz Global Assistance policyholders.

Are there positive ratings and customer reviews?

The company has an A+ rating with the Better Business Bureau (BBB), with a total of 279 complaints on file in the past three years. This number is down by quite a bit from the last time we reviewed this company. There have been 119 complaints resolved in the past 12 months, also down from the previous review time period. For a company as large as Allianz Global Assistance, the numbers are not high, and the reduction in overall complaint volume is a positive sign.

Consumer Affairs has a list of 2,845 reviews of this company. Of the 1,531 that left a star review, the vast majority were positive; 1,239 5-star reviews to be exact. That leaves the company with an overall 4.5-star review on Consumer Affairs, a rating that speaks volumes given the fact that far more people tend to go to this type of site to complain versus to provide a positive review. The comments praise Allianz for quick and simple claims handling as well as excellent customer service.

The story is different on Yelp, where a total of 311 reviews leave Allianz with a 1.5-star overall rating. A lot of the complaints cite claims that were denied, but it is important to note that in many cases these issues are the result of policyholders who did not understand the coverage being purchased. Scattered throughout are some positive reviews, and even the negative ones frequently mentioned that the customer service representatives were friendly and polite.

Overall, the picture painted by the reviews has improved greatly since the last time we took a look at Allianz Global Assistance.

What’s the bottom line?

Allianz Global Assistance is a big name in travel insurance plans and backed by a big company, making them a popular pick with a solid financial standing. They have a good range of plans at reasonable prices and have seen an improvement in reputation over the past few years, including an impressive number of positive reviews. They’re a solid pick for comprehensive travel insurance products, including (and perhaps especially) annual plans for those who travel frequently.

Find a basic travel insurance plan or enhanced travel insurance plan today. By using our FREE tool below you can save on the cost of travel insurance by comparing quotes on multiple insurance options near you.