You have planned for this trip since months and finally, the day comes when you and your loved ones board the flight to your destination. Imagine what would happen if you don’t baggage doesn’t arrive with you at the airport? All your clothes, extra footwear, etc are lost. This is where checked baggage insurance comes to the rescue. Travel insurance and credit card companies reimburse you for all the lost items.
Here are a few ways you could claim your baggage or it’s the equivalent amount in cash.
1) Credit card: Lost luggage reimbursement
It is rare that someone loses their bags on the airport or during travel. But there is a low probability of that happening. Also, what will you do if you find your bags in a damaged condition? Bags are not cheap and if they are torn or get worn out during the travel then the contents inside it can also get affected.
In such a case, Lost Luggage Reimbursement policies provided by credit cards like Visa, Mastercard, and American Express come to the rescue. According to the policy, the banks are responsible for any damage or loss an item from your bag. They will cover the cost for it. In my estimation, Chase Sapphire Reserve® provides best-checked baggage insurance. It is a visa card which covers up to $3,000 per person per trip.Continue Reading