What does this tool do?
Travel insurance premiums are commonly quoted as a percentage of the insured trip cost, with the plan level setting that percentage. This calculator gives a planning figure and shows the daily and per-person cost.
The Formula
Premium ≈ Trip cost × Plan rate; Rate is about 4–8% depending on coverFrequently Asked Questions
Is travel insurance priced on trip cost?
Cancellation cover usually is, because the insurer is covering a prepaid loss. Medical-only policies are often priced by age, destination and trip length instead.
Does my credit card already cover travel?
Some cards include limited trip cancellation or rental car cover, but limits and exclusions vary. Check the policy wording before relying on it for medical costs.