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Comparison of Ker & Downey, Travelex
Lite and CSA Insurance Plans
This can be
very confusing. The analysis is meant to assist you in determining what
is best for you. If you do not want to study all of this we will make a
recommendation based on your situation as which policy is best for you.
You need to
purchase Travelex & CSA within the time frames specified or many of the
policy benefits below do not apply
|
Travel
Arrangement Protection |
|
|
Ker & Downey |
Travelex Lite
Max 15k pp |
CSA Comfort
Max 25K pp |
|
Pricing |
See second page |
See second page |
See second page |
|
Trip Cancellation |
Up to Trip Cost |
Equals trip cost up to $30,000 |
Up to trip cost |
|
Trip Interruption |
Up to Trip Cost |
150% of trip cost up to $45,000 |
Up to 150% of trip cost |
|
Trip Delay |
$100 a day up to $500 |
$750 |
|
|
Bankruptcy / Default |
None |
Equals trip cost up to $30,000 |
If purchased within 24 hours of final payment |
|
Itinerary Change |
None |
$250 |
None |
|
Age Considerations |
None |
Rates vary with age |
Rates vary with age |
|
Terrorism |
None |
Limited – 30 days from act |
Must be due to arrive or depart within 30 days in the city
where the terrorist act took place. Other conditions also
apply. |
|
Primary vs. Secondary |
Secondary Coverage |
Primary Coverage |
|
|
Purchase Time |
Up to final payment. For full
coverage, must be purchased within 7-days of deposit. |
Up to departure. For full coverage, must be purchased within
21-days of deposit |
For full coverage must be purchased within 24 hours of final
payment |
|
Medical
Protection |
|
Emergency Evacuation and
Repatriation of Remains |
$25,000 |
$50,000 |
$250,000 |
|
Accident Medical Expenses |
$25,000 |
$5,000 |
$50,000 |
|
Sickness Medical Expenses |
$25,000 |
$5,000 |
$50,000 |
|
Pre-existing Condition
Waiver |
Waived. If purchased within 7-days of deposit. |
Waived. If purchased within 21-days of deposit |
Waived if purchased within 24 hrs of final payment |
|
Pre-existing exclusion
Period |
60 day before purchase of insurance. Travelers only.
Family always covered |
90 days before purchase of insurance travelers & family
members. |
180 days before purchase of insurance. Travelers only.
Family covered. |
|
Baggage
Protection |
|
Baggage / Personal Effects |
$1,000 |
$1,000 |
$1000 |
|
Baggage Delay |
$300 |
$250 |
$250 |
|
Travel
Accident Protection |
|
Accidental Death &
Dismemberment |
$25,000 |
$10,000 |
None |
|
Air Common Carrier |
None |
$50,000 |
$100,000 |
Worldwide Emergency
Assistance
|
|
Medical Consultation &
Monitoring |
24 Hours |
24 Hours |
24 Hours |
|
Emergency Legal Advice |
24 Hours |
24 Hours |
24 Hours |
|
Emergency Medical & Dental
Insurance |
24 Hours |
24 Hours |
24 Hours |
|
Lost Travel Documents
Assistance |
24 Hours |
24 Hours |
24 Hours |
|
Emergency Medical Payment
Assistance |
24 Hours |
24 Hours |
24 Hours |
.
TRAVELEX
RATES
– must purchase in 21 days for pre-existing waiver
|
Trip
Cost |
Plan
Rates per person for trips of 1-31 days in length.
$5.00
administrative fee will be added to all insurance policies. |
Ages
0-34
|
Ages
35-60 |
Ages
61-70 |
Ages
71-75 |
Ages
76-80 |
Ages
81+ |
|
$1 - $500 |
$22 |
$32 |
$36 |
$47 |
$57 |
$96 |
|
$501 - $1,000 |
$37 |
$45 |
$57 |
$81 |
$101 |
$160 |
|
$1,001 - $1,500 |
$49 |
$62 |
$80 |
$107 |
$144 |
$225 |
|
$1,501 - $2,000 |
$66 |
$83 |
$110 |
$153 |
$187 |
$290 |
|
$2,001 - $2,500 |
$83 |
$105 |
$136 |
$188 |
$232 |
$355 |
|
$2,501 - $3,000 |
$102 |
$124 |
$163 |
$225 |
$275 |
$421 |
|
$3,001 - $3,500 |
$117 |
$136 |
$193 |
$262 |
$318 |
$487 |
|
$3,501 - $4,000 |
$133 |
$149 |
$221 |
$297 |
$362 |
$552 |
|
$4,001 - $4,500 |
$149 |
$170 |
$279 |
$333 |
$404 |
$614 |
|
$4,501 - $5,000 |
$166 |
$190 |
$313 |
$370 |
$446 |
$680 |
|
$5,001 - $6,000 |
$194 |
$225 |
$346 |
$436 |
$494 |
$744 |
|
$6,001 - $7,000 |
$239 |
$283 |
$411 |
$518 |
$581 |
$873 |
|
$7,001 - $8,000 |
$284 |
$334 |
$494 |
$629 |
$780 |
$1,068 |
|
$8,001 - $9,000 |
$317 |
$362 |
$550 |
$707 |
$885 |
$1,213 |
|
$9,001 - $10,000 |
$354 |
$391 |
$605 |
$780 |
$992 |
$1,359 |
|
Emergency Medical Benefits Upgrade |
|
All Trips |
$24 |
$24 |
$44 |
$70 |
$70 |
$140 |
CSA COMFORT
RATES–
must purchase in 24 hours of final payment for pre-existing waiver
|
Trip
Cost |
Plan
Rates per person for trips of 1-31 days in length.
$6.00
administrative fee will be added to all insurance policies. |
Ages
0-30
|
Ages
31-55 |
Ages
56-70 |
Ages
71-75 |
Ages
76-80 |
Ages
81 - 84 |
|
$0 |
$15 |
$23 |
$25 |
$32 |
$38 |
$57 |
|
$1 -$50 |
$24 |
$33 |
$38 |
$51 |
$58 |
$91 |
|
$1,001 - $1,500 |
$52 |
$65 |
$83 |
$115 |
$147 |
$183 |
|
$1,501 - $2,000 |
$69 |
$87 |
$114 |
$156 |
$191 |
$238 |
|
$2,001 - $2,500 |
$87 |
$109 |
$141 |
$192 |
$236 |
$294 |
|
$2,501 - $3,000 |
$104 |
$129 |
$169 |
$231 |
$281 |
$347 |
|
$3,001 - $3,500 |
$121 |
$141 |
$202 |
$269 |
$324 |
$402 |
|
$3,501 - $4,000 |
$139 |
$158 |
$232 |
$305 |
$368 |
$467 |
|
$4,001 - $4,500 |
$155 |
$178 |
$283 |
$341 |
$410 |
$530 |
|
$4,501 - $5,000 |
$174 |
$200 |
$319 |
$379 |
$455 |
$590 |
|
$5,001 - $5,500 |
$196 |
$229 |
$354 |
$427 |
$503 |
$622 |
|
$5,501 - $6000 |
$218 |
$248 |
$384 |
$474 |
$549 |
$733 |
|
$6001 - $6,500 |
$239 |
$274 |
$419 |
$524 |
$601 |
$801 |
|
$6,501 - $7000 |
$261 |
$300 |
$454 |
$574 |
$666 |
$869 |
|
$7001 - $8,000 |
$289 |
$334 |
$504 |
$649 |
$760 |
$977 |
|
$8,001 - $9000 |
$319 |
$369 |
$559 |
$729 |
$875 |
$1084 |
|
$9001 - $10,000 |
$359 |
$404 |
$619 |
$801 |
$992 |
$1192 |
|
Over
$10,000 or trips over 31 days we need to call CSA |
|
$6.00 administrative fee added to all rates. |
2006 KER
AND DOWNEY RATES
|
$4501 - $6000 =$387 |
$6001 - $7500 = $420 |
$7,501 - $9000 = $500 |
$9001 - $10,000 = $633 |
$10,000 + = 7% |
Information listed is to the best of our understanding, we are not
insurance experts and our descriptions below are meant to assist you and
are by no means binding. Payment of claims and policy rules are at the
discretion of the insurance company. Things may also change from the
date this was printed. Each policy offers different benefits. The key
issues are pre-existing conditions, primary or secondary coverage for
medical costs, amount of emergency evacuation insurance, your age,
whether you are covering children.
PRIMARY OR SECONDARY COVERAGE
|
Best insurer on this issue: Travelex
This can be a big issue. Many people ONLY want primary insurance on
their travel policy for medical expenses. It can be a problem when
overseas if you have two insurance companies involved and create more
stress. Some policies will not cover you overseas and until you are in
the critical situation it can be difficult to determine these issues.
We have heard of real problems for people who do not have PRIMARY
medical travel insurance. The insurance company has much higher risk of
loss associated with this coverage. Yet Travelex is often the same price
as CSA or Ker and Downey (depending on your age)
Ker and Downey and CSA – only offer secondary coverage.
Best insurer on this issue: CSA
All pre-existing conditions covered if paid within 24 hours of the final
payment.
Travelex offers full pre-existing coverage but premium must be paid
within 21 days of DEPOSIT for the trip.
If not paid in time the travelers are not covered for pre-existing
conditions and neither are the family members.
Ker and Downey offers a full waiver for pre-existing conditions if paid
in 7 days of deposit. Pre-existing conditions are always covered for
non traveling family members.
Clarity on
pre-existing condition coverage with Ker and Downey and Travelex if you
do not purchase in time for the pre-existing condition waiver.
You must be free of any new condition and had no change in treatment for
a pre-existing condition for 60 days (Ker and Downey) or 90 days (Travelex)
before purchasing the insurance. If you meet this qualification then you
ARE covered for pre-existing conditions.
AGE
CONCERNS – DEPENDS ON YOUR AGE
|
Ker and Downey do not take age into consideration. Travelex and CSA
price by a persons age.
TRAVELLING WITH CHILDREN UNDER 16
|
Best insurer on this issue: Travelex
Children under 16 traveling with adult paying for insurance are FREE.
CSA 0 – 30 age bracket
Ker and Downey – child or 90 years old same rate
Best insurer on this issue is CSA basic coverage $250,000
Travelex
basic coverage: $50,000
Ker and Downey basic coverage: $25,000
Best insurer on this issue is CSA
If you purchase the LUXE CSA plan there is a return of premium benefit
no matter why you cancel your trip. However, this insurance is a lot
more expensive so whether this is a good option depends on your point of
view.
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Another
thing to consider is the MEDJET card
Here is the information from the website |
MedjetAssist is your ticket home if you become ill or are injured.
As
a MedjetAssist member, if you are hospitalized virtually anywhere in the
world more than 150 miles from home, simply call MedjetAssist and a
specially equipped aircraft with a medical team can be dispatched to
bring you to your home hospital or hospital of your choice so you can be
treated by your personal physician and be close to your family
MedjetAssist is a
prepaid, air medical transportation membership program -- not a travel
insurance policy or health care plan. MedjetAssist was created to
provide affordable, high-quality air ambulance service to individuals,
families and businesses.
Lloyd's of London
underwrites the program to guarantee that a transport will be available
to every MedjetAssist member in time of need.
MedjetAssist transports members without regard to medical necessity.
Members who are hospitalized may choose to be transported to a hospital
of their choice.
There is no limit on
the cost of a medical transport. And unlike travel insurance or travel
platinum cards, MedjetAssist provides medical evacuations for its
members both globally and domestically.
MedjetAssist's services are provided to
members 24 hours a day, 365 days a year
MedjetAssist is an annual travel membership program for people who
travel for business or pleasure, in the United States or abroad.
Costs are as follows –
on an annual membership basis
Pre-paid annual memberships for individuals up to 75 years of age are
just $205 and it covers everything.
Families can enjoy the same peace of mind for only $325..
Diamond Plan available for ages 75- 85 years of age.
Groups and corporate rates are also
available
7,
14, 21 and 30 day plans available starting at $75
We can purchase any of
the above listed insurances on your behalf. Of course you can travel
without insurance or purchase a policy of your choosing. Simply let us
know what decisions you make.
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