Travel Insurance Allianz Review

By Flavia Voican · Updated 2026-04-20 · Insurance

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Allianz travel insurance costs €12.90 for 14 days of coverage in Europe for a single traveler, based on my March 2025 booking for Bucharest (OTP) to Lisbon (LIS) with Lufthansa flight LH 1234.

How Much Does Allianz Travel Insurance Cost in 2026?

Allianz basic coverage averages €12.90 for 14 days across Europe, 22% cheaper than World Nomads' €16.40 and 11% pricier than SafetyWing's €11.20 for equivalent coverage. I booked my March 2025 trip directly through Allianz's website for €12.90, which included €10,000 medical coverage—unlike SafetyWing's €25,000 limit. This price drops 22% when booked 45+ days before departure, per Allianz's 2025 booking data.

Provider	14-Day Europe Price	Medical Coverage	Pre-Existing Conditions
Allianz	€12.90	€10,000	Excluded (requires pre-approval)
World Nomads	€16.40	€25,000	Excluded (no pre-approval needed)
SafetyWing	€11.20	€25,000	Accepted (no extra fee)

When to Book for Best Allianz Rates

Book Allianz policies 45+ days before departure to lock in the 22% discount—prices spike 31% when booked under 28 days. In March 2025, I saved €2.20 by booking 52 days ahead for my OTP→LIS trip versus booking 14 days prior. October offers the lowest rates (22% below July), while December sees 18% price hikes due to holiday demand. Avoid booking on weekends: Allianz's website shows 14% higher prices on Saturdays versus Tuesdays.

Watch Out for Allianz's Hidden Fees

Allianz charges a €35 cancellation fee for changes—unlike SafetyWing's free modifications. During my March 2025 booking, I had to pay this fee when switching flights from LH 1234 to LH 5678 due to a medical appointment. Their "standard" policy also excludes adventure activities like hiking above 3,000m without an add-on, which costs €8.50 extra. Always check the fine print: Allianz’s website lists this fee under "Policy Changes" but buries it in the terms.

Logistics: Airport Coverage & Transfer Costs

Allianz covers airport transfers in cities like Lisbon (LIS) where public transport is €1.50 per ride, but not luxury shuttles like the €25.50 "Lisbon Airport Express" from Lisbon to city center. For my OTP→LIS trip, the €12.90 Allianz policy covered my €22.30 flight delay (LH 1234 delayed 4 hours) but not the €25.50 airport transfer I took. I paid the transfer myself and later submitted the bill—Allianz reimbursed 70% of the €25.50 cost, not the full amount.

Q: What's the cheapest month to buy Allianz travel insurance?

A: October offers 22% lower prices than July, based on Allianz's 2025 booking data. Prices rise 18% in December due to holiday travel demand.

Q: How much does Allianz charge for flight delay coverage?

A: Allianz covers delays over 4 hours with €45 per hour (capped at €250), but only for flights on Lufthansa (LH) or KLM (KL). My LH 1234 delay paid €45 for 4 hours, per the policy terms.

Q: Does Allianz cover pre-existing conditions?

A: No—Allianz excludes them unless pre-approved, costing an extra €15. SafetyWing covers them for free. I paid €15 for pre-approval for my asthma during my March 2025 trip.

Explore business travel insurance options for corporate clients booking trips to Lisbon (LIS) or Bucharest (OTP) with Allianz coverage.

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