Underwriters - their purpose
It's just as important to check the underwriter of a travel insurance policy as it is the insurance provider.
It's just as important to check the underwriter of a travel insurance policy as it is the insurance provider.
When you take out a policy, you're paying the insurance company and the underwriters a fee to cover your risk. At the end of the day, the underwriter will be the one footing the bill, should you make a claim. If they don't have an experienced claims team or there's not enough money in the bank, then your policy has little worth - and you could be footing the bill.
If the site you're visiting is backed by a top quality underwriter, more likely than not, the insurance company you've chosen will promote the company's brand and rating on their site.
Some of Australia's major travel insurance underwriters to look out for include: Allianz, CGU, Chartis and QBE.
