Insurance included with your credit card (Visa, Mastercard, American Express) are more like support contracts that support you in case of incidents, for a short time without offering you a very important health coverage and in any case if you stay more than 3 consecutive months in the United States.
If you want to be well covered, we advise you to use in addition to a specific insurance. Without going into too much detail, we will give you an outline of the services offered.
The main services via your credit card
Warning: This analysis is not exhaustive and has no legal value. Furthermore, certain safeguards have been updated by the banking institutions but not yet integrated in our presentation. We advise you to always check with your bank to find out in detail their proposed safeguards.
The outline of coverage for:
This is usually the cardholder, spouse or partner, children aged tax dependents under 25 years and up and down. You should know that for Visa, dependent spouse and children are covered even if they do not accompany the cardholder. While for Mastercard "standard" including the family of the owner must accompany him to qualify for the benefit.
Territorial Scope of Coverage
For Visa "standards" and "first", you will be covered worldwide without mileage deductible for your professional or private stays in your country of residence (if you are French resident: Metropolitan France including Corsica, Monaco, Andorra, DOM TOM and COM) or outside your country of residence for the assistance guaranteed. Regarding the warranty insurance, it applies to more than 100 Km of domicile or usual place of work. For Mastercard and American Express, assistance does not require mileage deductible, except for the "Gold" Amex with which you will be covered until 50 Km to you for the assistance of your vehicle, the medical assistance and repatriation expenses, and 100 km from your home worldwide for vehicle rental guarantee.
Length of Coverage
Credit Card Cover takes effect on the date of purchase (under certain conditions) to the cards throughout the duration of them until termination or automatic renewal by the holder in the country of residence. When traveling abroad, assistance guarantees apply the first 90 days of stay. This condition can vary from one card to another depending on the type of collateral (assistance or insurance) if the stay should last longer for specific reasons (death, disability due to accident during the stay) for the 'Visa first, "the insurance guarantees apply the first 180 days of stay. Warning: If your stay exceeds 3 months your credit card "standard" will not cover you.
As mentioned earlier, the guarantees offered by credit cards apply in general from the possession thereof but subject to certain conditions. There are two types of guarantees, assistance and insurance. The first applies from the subscription of the credit card, in case of illness or injury, death, lawsuits abroad and help the onward journey. The second applies where you set your travel services and other purchases related to it with your credit card in case of travel incidents (delays planes, trains, luggage) and accidents travel (death, disability). This can vary from one card to another.
Amount of medical expenses borne
The ceilings offered by credit cards are insignificant compared to medical expenses that may be incurred in certain foreign countries like the US, which is why it is strongly advised to take out additional insurance. Your medical expenses will be reimbursed up to a ceiling of 11,000 € for Visa and MasterCard plus a deductible of € 50 for one and € 75 for the other. Visa First has a higher ceiling (€ 155,000) with a deductible of 50 €. The Amex has a reimbursement ceiling of € 9,200. For example with a deductible of € 50, if consultation with a doctor costs you € 60, you will be reimbursed between 0 and 10 € with your credit card.
Generally, the guarantees offered by different credit cards cover virtually the same benefits:
• The management of travel expenses and hotel for a relative in case of hospitalization of the insured more than 10 days ( "Visa Premier" € 125 / day for 10 days to 375 € beyond "Platinum Mastercard» 250 € / day for 10 days up to 750 € beyond). To know: with complementary health insurance, there are no limits.
• Repatriation and accompaniment to the home or place of hospitalization of children under 15 years.
• The early return in case of hospitalization over 24 hours or death of a loved one (support tickets To /).
• Sending drugs.
• The body of repatriation in case of death during the stay.
• Legal assistance abroad.
Travel cancellation insurance
The travel cancellation insurance is generally not available with "standard" cards. Visa Premier offers this guarantee capped at € 5,000 with a repayment of € 200 per insured person if cancellation is made 30 days before departure. Cancellation fees are supported by the cards Amex Gold and Platinum in the amount of 4,500 € to 10,000 € per insured per year. The "Platinum MasterCard" reimburses up to a € 10,000 ceiling.
Flight delay guarantees or luggage
The cards 'standards' do not generally offer compensation to cover the costs of basic necessities when your plane or your luggage is delayed. Visa First offers 250 € from 4 hours of delay per trip. The Amex compensate you 150 € ( "Personal Card") and 800 € (Platinum) for baggage delay, and between 100 € and 200 € for late planes. The delay insurance for Mastercards cover the cost of 250 € (Gold) and 500 € (Platinum).
Theft or damage to luggage
Standard cards do not compensate you. The Visa Premier card covers you up to 800 € per bag with a deductible of € 70. The map "Platinum" Amex, guaranteed personal belongings in case of theft, loss or damage up to € 2,000 per trip. To map "Platinum" MasterCard, the ceiling is € 3,200 per year.
You are not covered with standard cards. Visa Premier and Platinum Mastercard cover you up to € 1,525,000 per event for all damage and injury caused to third parties. The Amex Platinum card covers you up to € 2,000,000 for damage and injury caused to others while traveling.
Remember that if there is an accident, € 1.5m in countries like the United States depart quickly between medical expenses, legal fees etc ....
The death or disability
The application of this guarantee is generally subject to the use of your card to purchase your ticket. The accident that caused the death or disability must have occurred during the journey that must be traveled a "guaranteed" by the insurer (check out the conditions for applying for each card). It can be a trip by public transportation or rental vehicles. The Mastercard to pay € 95,000 (public transport) and € 46,000 (rental vehicle). Visa Premier and Gold MasterCard pay for death or disability up to € 310,000 per family per event .. The Amex Gold and Platinum Mastercard cover respectively to € 300,000 and € 620,000 per family per event.
To benefit from these guarantees, you must subscribe generally to complementary insurance.