Amex Platinum Edge insurance: what does Chubb still cover for existing card members?

Covers non-refundable deposits, prepaid excursions and unused travel and accommodation costs up to $10,000 per trip when you have to cancel or cut the trip short for a listed reason. Listed reasons include the illness, injury or death of you, a travelling companion or a close relative aged 80 or under, redundancy, jury service, and a delay of more than 24 hours on the outward leg. A ticket bought with Membership Rewards points is paid back at its retail price if the points cannot be recovered. A $250 excess applies.

Pays emergency treatment overseas up to $2,500,000, after a $250 excess per claim, for card members under 74 who are in good health and fit to travel. Chubb Assistance must approve any medical cost above $1,500 before you incur it, wherever you can physically call. Costs incurred in New Zealand are never covered, and ACC (the Accident Compensation Corporation) and the public health system pay nothing overseas.

Pays to move you to the nearest hospital, evacuate you to a better-equipped one, or bring you home to New Zealand when Chubb Assistance's senior medical officer approves it. The policy wording sets no separate dollar cap for this benefit. If you die on the trip, Chubb pays to bring your remains home, or for a local burial up to $15,000.

Pays emergency dental treatment overseas up to $1,000 when sudden dental pain needs treatment that cannot wait until you are home. The $250 medical excess applies, so a small filling can cost you more than the claim pays. Dentures, crowns and orthodontics are excluded.

No hospital cash allowance. This benefit is not included with this card. No daily allowance is paid during a hospital stay overseas, so the incidental costs of an admission are yours to cover.

Pays other reasonable additional expenses up to $3,000 when you have to cancel or cut short a trip for a listed reason, such as a serious illness or a delay of more than 24 hours on the outward leg. It sits inside the $10,000 cancellation cover rather than as a separate disruption benefit. A $250 excess applies.

If your scheduled flight is delayed 4 hours or more, cancelled, or you are bumped from an overbooked flight with no alternative within 4 hours, the card pays hotel and meal costs up to $200. When more than one covered person claims for the same event, the most it pays is double, $400. The costs must be charged to the Platinum Edge Credit Card, and you need invoices or receipts.

If a late incoming scheduled flight makes you miss your onward connection and no onward transport is offered within 4 hours, the card pays hotel and meals up to $200. It does not pay for a new ticket or alternative transport to reach a cruise, tour or event. Costs must go on the Platinum Edge Credit Card.

If you cut a trip short and head home for a listed reason, such as the serious illness or death of a close relative aged 80 or under who lives in New Zealand, the card pays your unused prepaid costs within the $10,000 cancellation cover, plus reasonable additional expenses, such as the extra cost of flying home, up to $3,000. There is no benefit to resume the trip afterwards. A $250 excess applies.

If your checked bag has not arrived 6 hours after you land, the card pays for emergency clothing and toiletries up to $200, and up to another $500 once the delay reaches 48 hours. The purchases must go on the Platinum Edge Credit Card and you need the airline's property irregularity report (the form you file at the airport). The $200 is not limited to your first flight: it applies at any scheduled destination of the trip, including stopovers. Only the extra $500 excludes a delay at your place of residence, and the policy wording excludes both benefits on your arrival back in New Zealand.

Pays for lost, stolen or damaged baggage and personal items up to $10,000 in any 365-day period, not per trip. Each item, pair or set, or valuable is capped at $1,000, a mobile phone at $500 and a laptop at $2,500, with payouts based on current price less wear and tear. A $250 excess applies per claim, and theft must be reported to the police within 48 hours.

Lost or stolen cash, travellers' cheques, travel tickets, passports, visas and driving licences are paid up to $750, inside the baggage cover. The $250 baggage excess applies, so a $400 loss returns $150. Report the loss to the police within 48 hours and get a written report.

Pays damages you become legally liable for during a trip, for injuring someone or damaging their property, up to $1,000,000 for one cause. Do not admit fault or offer payment without Chubb's written consent. Liability from vehicles, firearms, your work or Special Sports is excluded.

Pays $300,000 if an accident while you travel as a passenger on a common carrier (any licensed airline, bus, train, ferry or taxi), or in its terminal, or by common carrier to or from it, causes death or the loss of both hands, both feet or the sight of both eyes within 100 days. The loss of one hand, one foot or the sight of one eye pays $150,000. The entire fare must have been charged to the card or paid with Membership Rewards points, and only one loss is paid per accident.

No loss of income cover. This benefit is not included with this card. Injured in Bali and off work for 8 weeks on your return, you get no income replacement from this card, and ACC weekly compensation only applies to injuries ACC covers.

A trip within New Zealand more than 150 km from home counts as a covered trip when its full fare went on the card or Membership Rewards points, so the same $10,000 cancellation cover applies. Non-refundable flights, accommodation and prepaid excursions are paid back after a $250 excess when a listed reason forces you to cancel.

On a domestic trip more than 150 km from home, a scheduled flight delayed 4 hours or more, cancelled or overbooked with no alternative within 4 hours pays hotel and meals up to $200, or $400 when more than one covered person claims. Charge the costs to the Platinum Edge Credit Card and keep the receipts.

Reasonable additional expenses up to $3,000 are paid when a domestic trip over 150 km from home is cancelled or cut short for a listed reason. This sits inside the $10,000 cancellation cover and carries the $250 excess.

Baggage cover applies on domestic trips over 150 km from home too, within the same $10,000 a year shared with overseas trips, with $1,000 per item and a $250 excess per claim. Valuables in checked luggage and items left unattended in a public place are excluded.

If your checked bag on a domestic flight has not arrived 6 hours after you land at the scheduled destination, essential clothing and toiletries are paid up to $200, plus up to $500 more after 48 hours. The purchases must go on the card. The first $200 is not limited to the outbound flight, but the extra $500 after 48 hours does not apply when the destination is your place of residence.