With over 55 years of experience protecting travel investments from the unknown, Travelex is a world leader in travel insurance. Travelex travel insurance plans anticipate the coverage needed while customized upgrades offer the ultimate in travel insurance security.
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Policy premium is calculated based on three main factors: trip cost, length of travel, and ages of the travelers. You actually chose a very competitive policy since the premium works out to be only 5% of your total trip cost. It is not unusual for premiums to run as high as 8-10% of the total trip cost for some plans.