Last updated on June 10th, 2023 at 04:42 pm
Faye Travel Insurance is one of the newest travel insurance in the market that aims to change the travel insurance game. Read here Comparison Heymondo vs Safetywing vs World Nomads
Faye Travel Insurance Review – Faye is one of the newest travel insurance in the market that promises to reduce the tiresome processes of getting travel insurance. So today, we give you a Faye Insurance Review so you can find out if it’s the one that covers your specific travel needs.
When you’re looking for insurance you need to consider the following:
- The length of the trip you’ll be taking or how often do you travel
- The countries you’ll be going to
- The type of trip you’ll be doing – Adventure & extreme sports, international vs. domestic, hotel or vacation rental, or more.
- The type of luggage you’ll be bringing, especially if you have expensive devices – cameras, laptops, drones, and more
- Will you be bringing luxury items – expensive clothes, jewelry
- Will you need insurance just for you or will you be traveling with more people
- Will you be traveling with minors
- Is there any special protocol happening in the place you’ll be traveling to – COVID-19 protocols, for example
- Will you be traveling with pets
- Would you like any add ons: Cancel for any reason, Car rental, Vacation rental damage protection, Pet care, Adventure & extreme sports protection
- Full coverage – medical and emergency
The items above are important to consider when you are getting your travel insurance as not all insurances cover the same.
What is included in the Insurance: Faye Travel Insurance Coverage
Faye Travel Insurance helps cover your medical needs, and travel needs, with luggage cover.
Medical coverage with Faye includes medical expenses in-trip, repatriation or flying you home when you need medical help, and includes Covid-19 insurance (with the virus covered like any other illness) which includes hospitalization, lodging for quarantine and prescriptions.
Travel and Trip Coverage
Travel coverage with Faye includes coverage for travel interruptions, delays and travel cancellations.
Faye has coverage for delayed luggage, lost and damaged luggage, and many of the things that make your trip experience bad.
Let’s look at the coverage inclusions and breakdown Faye Travel Insurance.
Coverage for your health per person
COVID-19 in-trip coverage:
Emergency medical expenses and trip interruption expenses if you become ill with COVID-19 in-trip and need to stay longer, or leave earlier than expected.
Emergency accident & sickness medical expenses:
Up to $250K is covered, offered on a primary basis for international travelers, which means we will be the first to reimburse.
Pre-existing medical conditions:
You can be covered as long as you purchase your plan within 14-days of purchasing your trip and are medically able to travel when you purchase.
Emergency medical evacuation expenses:
Up to $500K
Coverage for your trip per person
Trip cancellation: Pre-departure coverage per trip if your trip is canceled for covered reasons
Faye covers up to 100% of your trip’s non-refundable costs, up to your policy limit.
Trip interruption: When you must unexpectedly cut your trip short or extend it
Faye travel insurance covers up to 150% of your non-refundable trip costs, including unused trip costs and additional transportation expenses. That means if your estimated total trip costs, which you are asked to input in order to get a policy quote, come to a total of $2,500, you can be reimbursed up to $3,750.
Trip delay: When you’re stranded in transit due to reasons outside of your control
We reimburse up to $300/day in expenses if you’re delayed 6 hours or more (capped at $4,500)
Up to $200 for each trip inconvenience you experience, capped at $600
Missed trip connection:
Up to $200 if your covered delay of 3 hours or more causes you to miss your connection
Non-medical emergency evacuation:
Up to $100K
Coverage for your stuff per person
Lost or damaged baggage:
Up to $2K (capped at $150 per item)
Lost or damaged sporting and professional equipment:
Up to $2000
Lost passport or credit cards:
Reimbursement of $50 for each
Receive $200 if your bags are delayed for 6 hours or more without a receipt or up to $300 if it’s been 12 hours or more and you have receipts
Faye Travel Insurance Add ons:
Take note that the prices below and shown in the image are all based on the trip example we created. The add on prices change based on the type of trip you’re having, so best to plot your trip with Faye to get a personalized insurance cost.
Cancel for any reason
Cancel your trip for any reason (up to 48 hours prior to your scheduled departure date) and receive up to 75% of non-refundable trip expenses back. This is only available if you’ve purchased your policy within fourteen days of your initial trip deposit.
Car rental care
Be reimbursed up to $50K in accidental damage and theft related to your rental vehicle.
Adventure & extreme sports
Coverage for medical-related expenses if you become injured while participating in adventure or extreme sports as defined in the plan (under the Accident and Sickness Medical Expense Benefit) on the same basis as all other injuries.
Vacation rental damage protection
Coverage of up to $3,000 if you unintentionally, due to events outside of your control, damage the vacation rental property you’re staying in or its contents, while in-trip. Faye will reimburse you for repair or replacement costs.
Be reimbursed up to $2,500 in veterinary expenses and $250 for kenneling if you arrive back home later than expected.
Travel Insurance Pricing
We went to the Faye Travel Insurance website to test the pricing of their insurance. In the example above, you can see an insurance coverage for 42 days for one person, for $201.62, which includes coverage for various countries in Southeast Asia, and we also added Dubai and Qatar, in case those are countries you will pass through.
You can go and make a sample trip calculation below and see how much your travel insurance will end up. The good thing here is that you’ll see the estimated trip cost to which you can be reimbursed in the case your trip gets cancelled.
Once you click the button above, you’ll be guided through just a few questions where you’ll have to give details about your trip. These questions are very conversational, nothing with heavy jargon or mumbo jumbo, so you can easily write the details of your trip to get a personalized quotation in under 60 seonds.
There will be a screen at the end that will allow you to include add on costs for additional features that you want added to your travel insurance policy.
Who is Faye Travel Insurance Good For
Faye Travel Insurance is a good for travel insurance option which a good insurance coverage that allows for add-ons.
The features are robust, and the company offers 24/7 customer experience (real humans) available around the clock via phone, email, Whatsapp and the chat function within the Faye app. That means you can just relax on your trip knowing that what you’ll need will be covered.
Check here to see everything your Faye Travel Insurance will cover, in detail.
And for those who enjoy mobile-friendly products, they’ll love Faye as their iOS and Android app enable you to protect your trip, chat with their customer service team, file claims and even be reimbursed to Faye Wallet, the company’s secure, easy to use, digital payments card that works just like Apple Pay and Google Pay. Receive instant reimbursements to Faye Wallet rather than paying for unexpected costs out of pocket, or if you prefer, transfer the funds directly to your bank account rather than waiting for your reimbursement via snail mail.
Pros and Cons of Faye Travel Insurance
Pros of Faye Travel Insurance
A good reimbursement for travel cancellation, Covid-19 coverage, repatriation, travel delay or damage, emergencies even lost passport reimbursements! Faye Travel Insurance is extensive and it gives valuable add ons that can cater to some special needs like traveling with a pet, extreme sports and even vacation rental damage protection.
It’s product is mobile-friendly, tech-driven and fast, and Faye’s coverage is easy to understand, in celar English.
We think that Faye is very forward thinking when it comes to the needs of today’s modern traveler.
Cons of Faye Travel Insurance
Of course, even if Faye comes close to a perfect travel insurance, there might be some situations that you need a few more extra things. Traveling with a kid for example is not free. Make sure you are clear with what you need so you can find the right plan for your travel insurance needs.
Faye Travel Insurance is definitely a travel insurance we can recommend and we’re excited to get started on this plan ourselves on one of our next trips! If you’re looking for a complete plan that includes not only medical help but customer service 24/7, travel ease like luggage protection and insurance for delays and trip cancellations, you really need to check out Faye Travel Insurance.
Hope we answered all your questions in this review! Send us a comment or email us if you have any questions. Safe travels!