Travel Insurance Calculator

Estimate travel insurance premium for domestic or international trips based on cost and coverage level.

By Konstantin Iakovlev · Updated September 2026 · Source: CDC

$
Destination
Coverage Type

Estimated Premium

$550.00

Per Person

$275.00

Travelers

2

Coverage Breakdown

Trip Cancellation$5,000.00
Medical Coverage$100,000.00
Baggage Loss/Delay$3,000.00
Emergency Evacuation$500,000.00

Coverage Type Comparison

Basic$330.00
Comprehensive$550.00
Cancel For Any Reason$688.00

Coverage Type Guide

  • Basic (5-7%): Trip cancellation for covered reasons + limited medical
  • Comprehensive (8-12%): Full cancellation + medical + baggage + evacuation
  • Cancel For Any Reason (10-15%): All comprehensive benefits + 75% refund for any cancellation reason. Must be purchased within 14-21 days of first trip deposit.

Use the Travel Insurance Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Knowing roughly what a policy will cost before you book lets you fold the premium into your overall trip budget and decide how much protection is worth carrying. The estimate here gives you that figure in seconds, whether the trip is a weekend within the country or several weeks abroad, so coverage against medical emergencies and trip cancellations becomes a planned expense rather than an afterthought.

The premium is a share of the insured trip cost: 6% for a basic plan, 10% for a comprehensive plan and 12.5% with Cancel For Any Reason, the midpoints of the 5-7%, 8-12% and 10-15% ranges shown under the calculator. That rate is then loaded for age (x0.9 under 30, x1.25 from 55, x1.5 from 65), for an international destination (x1.1) and for trips longer than 14 days (x1.05). Enter the total cost of the trip for the whole party; the number of travelers splits the premium per person and sizes the baggage cover, it does not multiply the premium.

Coverage level matters most once you leave the country, since treatment for a serious illness or injury overseas can reach figures that dwarf the premium difference. Comparing plans on price alone tends to backfire: the cheapest option may cap medical or evacuation benefits well below what an actual emergency would cost, leaving you to cover the gap yourself.

Example: International Trip to Japan

  1. 1 Input: Total Trip Cost: $5,000 for two travelers; Destination: International (Japan); Coverage Type: Comprehensive; Average Age: 35; Duration: 10 days.
  2. 2 Calculation: comprehensive rate 10% x 1.1 for an international trip = 11%; no age or length loading applies at 35 and 10 days. $5,000 x 11% = $550.
  3. 3 Result: Estimated premium $550 for the party, $275 per traveler. The same trip would be about $330 on a basic plan and $688 with Cancel For Any Reason.
  4. 4 Context: This estimate provides a good starting point for budgeting your travel insurance. Remember that actual quotes may vary slightly based on specific provider policies and additional add-ons you might choose, such as adventure sports coverage or 'cancel for any reason' options.

Source: CDC · Last updated: September 2026

Frequently Asked Questions

How much does travel insurance cost?
Travel insurance typically costs 4-10% of your total trip cost. A $5,000 trip would cost $200-$500 to insure. Comprehensive plans covering cancellation, medical, and evacuation cost more than basic plans.
Is travel insurance worth it?
Travel insurance is worth it for expensive non-refundable trips, international travel (where your health insurance may not cover you), adventure travel, and trips during hurricane season or to areas with political instability.
What does travel insurance cover?
Comprehensive travel insurance covers trip cancellation and interruption, emergency medical expenses, medical evacuation, lost or delayed luggage, and travel delays. Pre-existing conditions may require a waiver purchased within 14-21 days of your first trip payment.

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