Allianz and AXA are two of Europe's largest insurance companies, both offering travel insurance products across the continent. Their brand recognition provides reassurance, but how do their travel policies actually compare? Here's a detailed breakdown.
Comparison Table
Provider
Price
Medical Coverage
Trip Cancellation
Claims Process
Customer Service
Policy Options
Allianz Travel Insurance
★★★☆☆
★★★★★
★★★★☆
★★★★☆
★★★★☆
★★★★☆
AXA Travel Insurance
★★★★☆
★★★★☆
★★★★☆
★★★☆☆
★★★☆☆
★★★★☆
ℹ️ Good to Know
Scores are based on our hands-on testing, user reviews, and price monitoring across multiple European countries.
1. Allianz Travel Insurance
Pros
High medical coverage limits — €1,000,000+ on comprehensive plans
Strong global assistance network — 24/7 multilingual helpline
Good online claims process — digital submission with reasonable turnaround
Wide range of policy tiers from basic to premium
Cons
Premium pricing — typically 10-20% more than equivalent AXA or smaller insurer policies
Some policies have high excesses (€100-250) that aren't immediately obvious
Adventure sports coverage requires specific add-on purchase
Annual multi-trip policies limit individual trips to 31-45 days
Both are reputable insurers that will pay legitimate claims. Allianz is the better choice when you want maximum coverage limits and are willing to pay a premium for confidence — their assistance network and claims process are slightly more polished. AXA offers better value for price-conscious travellers who want established-insurer reliability without paying top-tier prices. For most European trips, the difference between them is marginal — compare specific policy terms and prices for your trip rather than choosing on brand alone.
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BestTravelScout Editorial Team
Our editorial team researches and tests travel products hands-on, comparing prices and policies across dozens of providers to bring you honest, data-backed recommendations.