Do these 3 things before closing this tab:
1Repair Windows errors before they cause bigger problems2Scan for outdated or missing drivers - takes under a minute3Clear out junk files and repair common Windows errorsSometimes—but there is no universal travel-insurance rule for loyalty points and miles. A policy might reimburse an airline’s fee to redeposit an award, cover the value of points that are genuinely lost and cannot be recovered elsewhere, or exclude miles altogether. Eligibility depends on the policy wording, your state or country, the type of redemption, the reason for cancellation, the benefit limit, and the loyalty program’s own rules.
Read the benefit schedule before you buy. A policy that covers a $150 redeposit fee is not necessarily insuring 50,000 miles at their supposed cash value, and a covered cancellation is different from changing your plans voluntarily.
As an Amazon Associate I earn from qualifying purchases.
What travel insurance can cover
Redepsit, change, or reinstatement fees
The clearest form of protection is reimbursement of a fee charged by an airline or other program to put an award back into your account. For example, the U.S. AllTrips Executive plan page from Allianz Partners lists a $500 loyalty-program redeposit-fee benefit per insured, per trip, after a covered cancellation or interruption. The applicable policy documents and state-specific terms control the actual claim.
Recommended Free Tools
This benefit pays the charge for restoring the award. It does not automatically pay the face value, retail fare, or an assumed cents-per-mile valuation of the points themselves. Keep the fee receipt and evidence that the award was redeposited or that the program refused to do so.
#1 Best Overall
The value of points that cannot be recovered
Some wordings go further and address the loss of miles or hotel points. Chubb’s TravellerShield Plus wording, published in April 2026 for Singapore, includes a loss-of-frequent-flyer-miles and/or hotel-loyalty-points section. It applies when a trip or accommodation bought with points is canceled for a specified cause, the points cannot be recovered from another source, and the claim stays within the certificate limit and other policy conditions. The wording refers to the retail price of the ticket or expense at issuance, subject to that limit, rather than an unrestricted market value for points.
Allianz Hong Kong similarly describes cancellation cover for the value of points, miles, or loyalty-card points lost when services purchased with them are canceled, provided the loss cannot be recovered elsewhere. These are jurisdiction-specific examples, not evidence that every policy uses the same valuation method.
No coverage for the miles themselves
Some plans expressly exclude frequent-flyer miles. Travel Guard says miles are not covered because assigning a reliable cash value is difficult, and tells customers to check their particular plan because availability can vary by state. That position illustrates why a general statement such as “travel insurance covers your points” is unsafe.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
Rank #2
- Ideal for Gifting
- Ideal for a bookworm
- Compact for travelling
Three distinctions that decide most claims
Fee reimbursement is not point-value insurance
Ask what the benefit actually pays: a redeposit or change fee, the value of unrecoverable points, or nothing related to rewards. If the schedule says “fees charged for redepositing loyalty-program awards,” it is a fee benefit. A separate section must address lost points before you can argue that the award itself is insured.
A covered cause is required
Cancellation benefits normally apply only when the reason appears in the policy’s covered-reasons list and the event meets its timing and documentation rules. Generali’s U.S. guidance says eligible redeposit fees may be reimbursed when a traveler cancels an award flight for a covered reason. It also states that its described plans do not reimburse points for a voluntary cancellation or a cancel-for-any-reason (CFAR) cancellation, and that points cannot be reimbursed under trip interruption. A plan’s CFAR option, if available, therefore should not be assumed to protect an award.
Recovery from the airline or program comes first
Several wordings make payment conditional on your inability to recover the points or money elsewhere. You may need to request reinstatement, a refund, a waiver, or a credit from the airline, hotel, or loyalty program before submitting an insurance claim. A claim can fail if the program could have restored the award and you did not pursue that remedy.
What official examples show by jurisdiction
| Jurisdiction and provider | What the published material describes | Important conditions |
|---|---|---|
| United States — Allianz Partners, AllTrips Executive | Up to $500 for fees charged to redeposit loyalty-program awards after a covered trip cancellation or interruption. | Per insured, per trip; state variations and the policy documents determine the applicable limit. |
| United States — Generali | Potential reimbursement of eligible airline award-ticket redeposit fees after cancellation for a covered reason; a qualifying cash portion of the fare may also be recoverable. | Described coverage is for airline tickets, not points used for hotels, rental cars, or other expenses. Voluntary, CFAR, and interruption point claims are excluded in the cited FAQ. |
| United States — Travel Guard | Frequent-flyer miles are not covered in the provider’s stated example. | Cash value is difficult to determine; availability can vary by state, so the individual plan controls. |
| Singapore — Chubb TravellerShield Plus | A section addresses loss of frequent-flyer miles and/or hotel-loyalty points when a points booking is canceled for a specified cause. | Loss must be unrecoverable elsewhere and within the certificate limit. The policy must be purchased before you know of circumstances that could cause the disruption. Wording published April 2026. |
| Singapore — FWD Business or First | Airline cancellation or change fees to reinstate miles for fully redeemed tickets, up to the plan limit, after eligible cancellation or postponement. | Applies to the stated plan tiers and qualifying events; check the current schedule for the exact limit. |
| Hong Kong — Allianz | Cancellation cover may reimburse the value of points, miles, or loyalty-card points lost on canceled services. | The loss must not be recoverable from another source and remains subject to policy terms and limits. |
These examples demonstrate different designs rather than a market-wide standard. A U.S. fee benefit cannot be transplanted to Singapore or Hong Kong, and a Singapore point-value wording cannot be assumed to exist in a U.S. plan.
Quick wins for a faster PC:
Clear out junk files and repair common Windows errorsFree Scan →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →How airline, hotel, and mixed redemptions differ
Airline award tickets
Airlines often separate the award’s miles from taxes, surcharges, and cash co-payments. Insurance may address a redeposit fee, while the airline separately refunds taxes or returns miles. Ask the carrier for an itemized explanation so you can distinguish each amount in your claim.
Hotel and accommodation awards
Do not assume an airline-focused benefit follows the booking. Generali’s cited guidance limits its described award coverage to airline tickets and excludes points used for hotels, rental cars, and other expenses. A policy such as Chubb’s Singapore wording expressly mentions hotel loyalty points, showing that accommodation protection must be stated, not inferred.
Rank #4
Bookings paid partly with cash
If an award ticket includes a cash payment, the cash portion may be treated under ordinary trip-cost or cancellation benefits when the reason is covered. Generali’s FAQ describes possible recovery of a partial cash payment for a covered flight cancellation. The miles portion still depends on the separate reward wording and any redeposit charge.
What to compare before buying
Put the following questions beside the certificate, benefit schedule, and exclusions. If an answer is missing, treat the benefit as unconfirmed rather than filling in the gap with an assumed points value.
| Question | Why it matters |
|---|---|
| What does the benefit pay? | It may reimburse a redeposit or change fee, an unrecoverable point value, or neither. |
| Which redemptions qualify? | Coverage may be limited to airline tickets, or may include hotels and other accommodation. |
| Which events qualify? | Check cancellation, postponement, interruption, and the listed causes separately. Do not presume CFAR qualifies. |
| Must you seek recovery elsewhere? | The insurer may require proof that the airline, hotel, or loyalty program would not reinstate or refund the award. |
| How is the loss valued? | Look for a fixed fee limit, a retail-price method, documentation rules, and any per-person or per-trip cap. |
| When and where must you buy? | State, country of residence, policy issue location, and purchase timing can change eligibility. Some wording requires purchase before you know of a possible disruption. |
Check your coverage before making a booking
- Identify the redemption. Record the airline or hotel, program name, award type, number of points, taxes, surcharges, and any cash co-payment.
- Open the exact policy documents. Search the certificate and exclusions for “frequent flyer,” “loyalty,” “miles,” “points,” “award,” “redeposit,” “reinstatement,” and “change fee.” A marketing summary is not a substitute for the wording.
- Match the event to a covered cause. Confirm that the reason you might cancel is listed and that cancellation, postponement, or interruption is the applicable benefit.
- Ask the insurer a specific written question. State the jurisdiction, plan, redemption type, number of points, cash portion, and possible fee. Request confirmation of whether the benefit is fee-only or also covers an unrecoverable award value.
- Check the loyalty program’s rules. A free or low-cost reinstatement may be available, making insurance unnecessary; an expiration date or partial-use rule may eliminate recovery.
How to make a claim
- Contact the travel provider first. Cancel or change the award reservation according to its rules and ask whether miles or points can be reinstated, what fee applies, and whether taxes or cash are refundable.
- Preserve the account trail. Save the original award confirmation, cancellation notice, account statements showing points removed or returned, receipts for fees and cash portions, and all correspondence with the provider.
- Classify the loss correctly. Tell the insurer whether you are claiming a redeposit fee, an unrecoverable point value, a cash co-payment, or more than one item. Use the policy’s own categories.
- Prove recovery efforts. If the wording requires recovery elsewhere, include the program’s refusal, expiration explanation, or calculation showing why reinstatement was unavailable.
- Apply the policy’s valuation and deadline. Submit within the stated claim period and use the required retail-price evidence, fee invoice, account record, or other documentation. Do not substitute an internet estimate for the method specified by the policy.
Use the loyalty program’s cancellation terms as a first line of protection
Insurance only matters after the program’s own remedies are exhausted. American Airlines’ AAdvantage terms effective March 1, 2026 provide one example: wholly unused awards may be reinstated when canceled before departure and before ticket expiry; partially used awards and expired tickets are not reinstated under those cited terms. Fees or additional miles may apply to changes or cancellations after ticketing. Those rules apply to that program and should not be generalized to another airline or hotel scheme.
Best Value
- It can be a gift option
- Comes with secure packaging
- Helpful in various ways
Check whether your award is fully unused, whether the ticket has expired, and whether a reinstatement fee is lower than the insurance deductible or claim effort. Save a copy of the terms in force on the date of booking because programs can change them.
Common mistakes and how to avoid them
- Insuring the advertised fare instead of the actual loss: A miles ticket is not automatically worth the cash price of a comparable ticket. Claim only what the policy’s valuation clause recognizes.
- Assuming CFAR covers rewards: A CFAR purchase may have its own exclusions. Confirm the points language rather than relying on the broad label.
- Ignoring hotel exclusions: Airline award protection may not extend to accommodation, rental cars, or other redemptions.
- Waiting until after a known disruption: Some policies require purchase before you know of circumstances likely to cause a claim. Buying after a storm, illness, or carrier shutdown is generally too late under such wording.
- Failing to cancel correctly: Missing a ticket-expiry or departure deadline can make an award ineligible for reinstatement and weaken the insurance claim.
- Submitting only a points balance: A loyalty-account screenshot does not establish the booking, cancellation cause, fee, or inability to recover the award. Provide the full transaction trail.
- Generalizing from another country: State and national rules, plan forms, and benefit limits differ. A benefit described in Singapore or Hong Kong cannot establish coverage for a U.S. resident.
Worked decisions
You cancel a U.S. award flight for a listed covered reason
First ask the airline to return the miles and identify any redeposit charge. If your plan has a fee benefit such as the Allianz Partners example, document the charge and submit it within the limit. Do not claim the full theoretical cash fare unless the wording separately covers point value and its valuation method supports that amount.
You cancel an award hotel voluntarily
A voluntary cancellation may fall outside the covered-reason requirement, and an airline-only benefit will not automatically cover a hotel award. Check the accommodation and voluntary-cancellation provisions before treating the lost points as insured.
Free tools Windows power users keep installed
One-click scans. No signup required.
The program refuses to restore points after a covered event
Obtain the refusal and the account history, then determine whether the policy covers unrecoverable point value or only a redeposit fee. If the wording requires recovery elsewhere, the refusal is essential evidence; an unsupported estimate of points’ value is not.
Bottom line
Travel insurance can protect loyalty rewards, but only in narrowly defined ways. Confirm whether your plan pays a redeposit fee, an unrecoverable point value, or nothing; verify the covered event and redemption type; follow the program’s own recovery process; and retain records of every fee, cancellation, and account change. The policy issued for your jurisdiction—not a generic promise about “trip cost”—determines the result.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
