Understanding Airline Reward Points & Travel Insurance
For all of our frequent fliers out there who may be purchasing flights with reward points or frequent flyer miles, travel insurance is still an option. In some unique cases, an insurance plan may include a specific benefit dedicated to covering the cost of redepositing the air miles or rebooking fees, but you would not be able to include the face value of the miles in your trip cost.
Are Frequent Flyer Miles Covered by Travel Insurance?
So what is insurable when using frequent flyer miles to fly? Non-refundable fees and taxes associated with the miles. Most flights are a little more than we expected, when you add in baggage fees, state and federal taxes and other miscellaneous fees. All of these are insurable.
Also, any money you are required to spend (that is non-refundable) to make up the difference in ticket price can be covered. For instance, you have accumulated 5,000 free air miles, however your trip will require 8,000 to book. You’ll need to purchase the additional 3,000 miles in order to book the flight, so that cost is insurable. Just remember to save any receipts showing the amount you paid out of pocket for the additional air miles.
How Can Frequent Fliers Address Specific Air Miles Insurance Questions?
If there are any questions about what should or shouldn’t be included in your insured trip cost in regards to flights booked using frequent flyer miles, please call our customer care representatives who will be able to help you through the process. Each airline rewards program is unique, so be sure to contact one of our experts to address specific questions about your frequent flyer miles and travel insurance options.
Disclaimer: The information contained in this article serves as a general overview of benefits and should only be used for informational purposes. Refer to your individual certificate of insurance for specific coverages, exclusions and benefits. When in doubt, please contact one of our licensed agents for additional assistance.
