What is the difference between primary and secondary coverage? Why does it matter?
With secondary coverage, you may be required to pay a deductible and you may be asked to exhaust coverage from your other existing polices before filing a claim. Travelex Protection Plans offer primary coverage because of the varying degree of limitations offered by other protection plans. Homeowner’s and rental policies usually have large deductibles in the event of lost or stolen baggage when traveling. Our coverage is primary!
With secondary coverage, you may be required to pay a deductible and may be asked to exhaust coverage from your other existing polices before filing a claim. All Travelex plans offer primary coverage. This means you’ll never need to pay a deductible or file a claim with other providers. File with Travelex first and file once.