Travel Insurance Cost Calculator
What cover should cost, and whether it is worth it.
Enter your values
ⓘ Live results
- Estimated premium per person
- $254.10
- Total for the party
- $508.20
- As a share of trip cost
- 8.5%
- Annual policy per trip
- $86.67
- Cheaper option
- Annual multi-trip policy
- Yearly cost if you buy single trips
- $762.30
Quick answer
Single-trip travel insurance typically costs 4–8% of the insured trip cost, rising sharply with age and for destinations with high medical costs.
Premium ≈ trip cost × base rate × age factor × region factor
How to use the Travel Insurance Cost Calculator
- 1Enter the non-refundable trip cost you want insured.
- 2Enter the traveller's age and trip length.
- 3Pick the destination region — US medical cover is the most expensive.
Worked example
Using the values the calculator loads with:
Inputs
- Insured trip cost per person3000 $
- Traveller age42 yr
- Trip length12 days
- DestinationWorldwide including US
- Travellers2
- Annual multi-trip policy price260 $
- Trips you take per year3
Results
- Estimated premium per person$254.10
- Total for the party$508.20
- As a share of trip cost8.5%
- Annual policy per trip$86.67
- Cheaper optionAnnual multi-trip policy
- Yearly cost if you buy single trips$762.30
Frequently asked questions
What should a policy cover?
Emergency medical and repatriation are the essentials — aim for at least $100,000 medical, plus cancellation cover matching your non-refundable spend.
Does my credit card already cover me?
Some premium cards include trip cancellation and medical cover when the trip is paid on the card, but limits are often low and pre-existing conditions excluded.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.