Síminn Pay travel insurance
Síminn Pay offers two types of cards, Léttkort and Corporate Card. With the Léttkort, you can purchase travel insurance before the cardholder goes on a trip. With the Corporate Card, you can choose a card with or without travel insurance.
If you have travel insurance included with a Síminn Pay card, you can contact us if you experience travel-related damage or loss. We will assess the damage and compensate you according to the terms of the insurance policy.
The cards’ travel insurance is valid for up to 60 days.
You do not need to pay for a trip abroad with the card in order to use the card’s insurance for travel-related issues overseas.
For domestic travel insurance coverage, you need to either pay half of the travel expenses within Iceland using the card, use installment payments, or book accommodations in advance and provide the card number for payment. You must complete the purchase and/or bookings before you leave for the trip from your home.
In certain cases, you may be required to present confirmation of travel insurance. This is most commonly requested by medical institutions abroad in the case of a serious accident or illness.
Síminn Pay offers two types of cards, Léttkort and Corporate Card. With the Léttkort, you can purchase travel insurance before the cardholder goes on a trip. With the Corporate Card, you can choose a card with or without travel insurance.
If you have travel insurance included with a Síminn Pay card, you can contact us if you experience travel-related damage or loss. We will assess the damage and compensate you according to the terms of the insurance policy.
The cards’ travel insurance is valid for up to 60 days.
You do not need to pay for a trip abroad with the card in order to use the card’s insurance for travel-related issues overseas.
For domestic travel insurance coverage, you need to either pay half of the travel expenses within Iceland using the card, use installment payments, or book accommodations in advance and provide the card number for payment. You must complete the purchase and/or bookings before you leave for the trip from your home.
In certain cases, you may be required to present confirmation of travel insurance. This is most commonly requested by medical institutions abroad in the case of a serious accident or illness.
The insurance covers
Trip cancellation
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Expenses for travel tickets and accommodation when you are unable to go on the trip due to specified events.
Accident during travel
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Disability compensation is paid if an accident results in permanent disability.
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Death compensation is paid if the insured dies as a result of an accident.
Medical expenses during travel abroad
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Medical expenses due to illness, accidents or death.
Travel expenses of other parties
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Travel and living expenses of a relative or friend who accompanies you home.
Reimbursement of trip
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If the trip has to be interrupted and you have to return home early due to serious illness or accident.
Trip interruption
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Necessary additional expenses for return travel to Iceland or to the country of residence if the insured has to shorten his or her stay abroad due to specified events in Iceland or in the country of residence.
Luggage and purchases
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Loss or damage to luggage due to fire, the, burglary, robbery, vandalism or transport accident.
Delayed luggage
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Compensation is paid for the purchase of necessities if the insured does not receive his or her luggage within eight hours of arrival at the destination due to delay or incorrect handling.
Liability insurance
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Bodily injury or property damage suffered by a third party as a result of compensable conduct on the part of the insured.
The insurance does not cover
Trip cancellation
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Expenses resulting from circumstances that existed before the insurance was taken out.
Accident during travel
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Accidents that occur during participation in competitions or high-risk leisure activities.
Medical expenses during travel abroad
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Medical expenses due to illness and accidents for which you have received medical care during the six months prior to payment of the confirmation fee.
Reimbursement of trip
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If the trip lasts five days or less.
Trip interruption
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The unused portion of travel expenses or a new trip in place of the interrupted one.
Luggage and purchases
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Damage to items that does not impair their utility, or damage to suitcases or protective cases.
Delayed luggage
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Compensation is not paid for delayed luggage when the insured is returning home.
Liability insurance
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Damage covered under contractual liability, or damage to items that you have on loan.
Please note that the information about the insurance is not exhaustive. More detailed information can be found in the insurance terms.
In case of a discrepancy between this information and the insurance terms, the insurance terms apply.
Insurance terms and other information
The insurance terms is your contract with VÍS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.
We point out that the information document contains a brief summary of the main aspects of the insurance. Further information about the insurance can be found in the insurance terms.
Other insurance
Family and home contents insurance
What we all have in common is that we can encounter unexpected events in life that cause damage to possessions or accidents to people. Therefore, it is important that you have appropriate coverage for your family and your belongings.
Property insurance
Buying a property is usually the biggest investment we make in our life. It is therefore important that we make sure that the property is properly insured to minimize the financial consequences of property damage.
Vehicle insurance
All of us can make mistakes while driving or find ourselves in a situation that results in damage. Therefore, it is important to have good motor vehicle insurance.
Life and health insurance
No one expects to lose their health or get into a serious accident, but the fact is that it can happen to all of us. With life and health insurance, you reduce the financial consequences of damage to your health
Animal insurance
Animals need insurance just like any other family member. We have extensive experience in insuring animals and offer several types of animal insurance for horses, dogs and cats that you can combine according to your needs.