Faye Travel Insurance Review
Insurance specialist
Introduction
As other Insurance types, travel insurance protects you from any unexpected event that can cause extra expenses or interruption. Faye travel insurance provides very comprehensive packages that protect you when you are away from home. Faye redefines insurance by offering the first completely digital consumer-centric travel insurance policy for Americans that provides faster, smarter aid, more smooth claims resolution. The comprehensive protection offered by Faye, combined with its exclusive technology, offers 24/7 instant assistance anywhere in the world as well as quick reimbursements. They also have an app which covers everything from travels to claiming process.
Is Faye 100% Digital Travel Insurance?
One of the best travel insurance providers, Faye travel insurance streamlines everything involved with buying and utilizing travel insurance, from obtaining a quote to making a claim with an app for mobile that takes care of everything.
Faye provides real-time flight alerts that include information on delays, gate changes as well as your baggage carousel. If you encounter any problems covered by your plan, Faye’s online claims process is straightforward and quick. It is also reliable and fast. It is a great way of accessibility for every buyer to get a quote from smartphone. Further, I also portrays a good image of the company.
Pros & Cons Of Faye Travel Insurance :
We’ll take look to some pros and cons of Faye travel insurance right below one by one.
Pros :
Customized Policies :
It is one of the best benefits of Faye travel insurance as we know Faye Insurance has very comprehensive packages that includes an extensive range of covered events. Some are : Flight delays and cancellations, late arrival in hotels and medical treatment is all covered in comprehensive packages. Furthermore, Faye Online travel policy allows everyone to take care of their needed requirements to make sure you are not paying more for coverage which you do not need.
Cruise coverage available
In contrast to its competition, Faye Travel Insurance covers both international and domestic cruises to U.S. residents. Cruise coverage is provided in every plan.
Cancel For Any Reason :
Faye travel insurance policy provides “ cancel for any reason “ upgrade. From it you can cancel your subscription anytime with any reason.
Emergency medical expenses
If you face sudden illness or any injury during the trip, they will cover medical expenses like physician costs, prescription drugs and hospitalization. They will cover Up to $250K for international trips
Fast, in-app claims processing :
As we mentioned above, Faye travel insurance is digital travel insurance. So their customer support is available 24/7. Faye’s app is available in both Android & iOS. It allows all to reimbursed quickly and process claims. Faye’s claims process is very easy to use and advance. This claims process assures that you can get benefits from travel insurance when needed.
Travel Delay Benefits :
When you are not able to come on time as you face some serious issues like flight delay or theft of passport they cover Up to $300/day, and a max of $4.5K per trip, of delays for more than 6 hours.
Trip Interruption :
If you need to abruptly shorten your trip or extend it due to a reason that is covered, they will pay up to 15% of travel costs that are non-refundable, which includes the cost of transportation.
Cons :
Limited Protection Plans:
Faye travel insurance has very limited plans. They are not available in every state. The travel insurance policies of Faye are not available within Washington, New York, Missouri, Montana and Pennsylvania. In addition, Faye Travel Insurance is not available for purchase of policies anywhere in the U.S. territories.
Limited Medical Expenses than others.
Faye’ s medical and medical evacuation limits are a bit low. Other competitors have limits twice as high.
How much does travel insurance from Faye cost?
The price of travel insurance may vary significantly. The cost of your insurance will be based on a variety of variables, including your travel location, the duration of your trip and age, the insurance plan as well as any other coverage options you choose beyond your plan’s coverage limits.
Based on its calculations the cost for a single person who is planning an itinerary of two weeks across The Philippines and Thailand for a total expense of $2,500 would be charged $136.44 for Faye’s basic plan. However, if the traveler wanted to purchase additional coverage for damages to vacation rentals as well as extreme sports, the price will be increased to $202.96.
If you live in the US, an individual planning to go to Hawaii for a week and an estimated cost of $3,000 would be able to spend $201.02 for a basic plan that does not include any additional enhancements.
Which Countries are not covered by Faye’s Travel Insurance?
Countries like Afghanistan, Cuba, Iran, Iraq, North Korea, Russia, Syria and Ukraine aren’t included in Faye’s travel insurance.
How to File a Faye Travel Insurance Claim?
You can make a claim using Faye Travel insurance following the steps below:
- Launch the Faye application.
- Click on go to the “Get Help” tab, then click on the “Claim Questions” tab and then click the “File a new claim” option.
- Find the reasons to file your claim, such as your health insurance or other claims such as car rental care.
- Select the information for your trip and then explain the reason you are making a claim.
- Upload any supporting documentation, like hotel, flight or other travel receipts.
If you do not have the Faye application, you can contact Faye through emailing claims@withfaye.com. Faye generally responds to the claims in 48 hours after submission. The exact duration is dependent on the circumstances.
Whatever the business, having all the required information and supporting documents in order will accelerate the process of making a claim for travel insurance. After the claim has been accepted and processed and you are able to be paid your funds via Faye wallet Faye bank account, or transfer them directly into the bank account you have.
Summary of Faye’s Travel insurance review by Insurancheck
Fayes is 100% Digital Travel insurance, with flexible policies, fast processing and outstanding customer service will provide peace of mind prior to, as well as after your trip. It has the best benefits and coverage plan for travel insurance.
But, Faye cannot yet be found in all U.S. states, and its limits of coverage for personal possessions could be less than the worth of costly objects.
