I posted this question on an existing thread but it is buried in the Trip Reports forum and few will see it. I am re-posting as a new topic because I believe it is important for people to understand what is and is not covered by their credit cards.
For those who rely on credit cards for travel insurance protection, can you describe what is covered? I reviewed my American Express card terms and conditions and saw the following travel benefits:
---Rental car coverage ( loss or damage, not liability)
---Assistance by phone with legal or medical issues, such as finding care, but no payment for medical care
---Accidental death or dismemberment benefit: the kind that pays specified amounts for death, or loss of a limb or eye. You have seen the gruesome charts, showing, for example, $100,000 for accidental death, $50,000 for loss of one hand and one foot, $25,000 for loss of an eye, and so on. This is not coverage for medical care but indemnity for a loss. To have this coverage, one must pay the full cost of travel by “common carrier” ( such as airline) with the card, so travel on frequent flyer miles is not covered.
For my American Express card (and other AmEx cards I checked), that is it. There is no trip cancellation coverage, no medical coverage, no evacuation coverage. These three to me are the really important aspects of trip insurance, so I would not rely on my AmEx card for anything but the rental car coverage.
So my question is, are there credit cards that do include these types of coverage as well? How does it work?