Please Note - If you are cruising around Australia you need to select Pacific.
With Regions, variances can apply for Bali, Indonesia, Japan and Middle East.
You are not required to enter stop-over countries if your stop-over is less than 48 hours.
If you're looking for the best travel insurance options in 2020, you've come to the right place. There are loads of comparison sites out there, but what sets us apart is that we know travel insurance better than anyone else. Travel insurance is all we do, and we do it well. It’s what we live and breathe. But, enough about us, let's talk about you.
So how do you get the best travel insurance for your trip? This is not as simply answered as you may think! When it comes to travel insurance, finding the best travel insurance for your holiday requires you to think about the type of trip you are going on and the level of cover you need. It's about matching your needs and budget to the various travel insurance policies in the market and weighing up the options.
The following tips will guide travellers to find the best travel insurance for their next adventure.
There are different levels of cover available to suit all needs and budgets. Holidaymakers should look at the cover available and work out what they need cover for and what they don’t. There is no point paying top dollar for luggage cover, if you're only travelling with a backpack and fresh undies. The best travel insurance is one that covers you for your particular trip. Whether that's a once in a lifetime trip around-the-world or a domestic weekend break. There's no need to pay more for cover than your trip requires.
Overseas medical cover is considered the most essential component of travel insurance. Medical expenses can be eye-watering when the government isn't fitting the bill, but thankfully, medical cover is standard in most basic travel insurance policies. A basic policy will usually include overseas medical expenses and personal liability, which keeps you covered should you become ill or injured, or cause harm to anyone else whilst overseas.
Comprehensive policies will include additional cover for things like trip cancellation, family emergency and accidental death. If you have pre-paid flights, tours or accommodation where you have outlaid significant cash upfront, a comprehensive policy which includes cancellation cover is a wise choice as you'll be protected for any prepaid holiday expenses should something stop you from taking your trip or if your trip is disrupted due to unforeseen events.
A mid-range or comprehensive policy will also provide cover for your personal belongings. If you're travelling with electronic devices such as laptops, cameras or smartphones, check out the 'per item' limits and add high-value items where appropriate.
Comparing policies is a great way to find the right travel insurance for your needs. All insurers offer different benefits and pricing, so once you’ve identified what level of cover you need, the next step is to start comparing policies to bag yourself a bargain!
One of the biggest mistakes travellers make is purchasing a policy based on the cheapest price. Selecting the cheapest, might seem like a bargain, but it might mean you're missing out on valuable cover. The key is to get the right level of cover at the best price.
When shopping around for travel insurance in Australia, you may notice that many different brands are underwritten by one of a few big insurers, such as Allianz Australia Insurance Limited, Chubb Insurance Australia Limited, Great Lakes, Lloyds of London, QBE Insurance Limited and others. Whilst they look similar on first glance, they will almost certainly not be the same. Each insurer negotiates a product policy and chooses what to include or exclude. So think about your trip and planned activities that you need cover for and pay attention to general exclusions.
With so many travel insurers in the market, how do you really know who covers more than the other? The ideal policy is one that provides you with the cover you need, at the right price. Some insurers definitely do cover more than others, but why pay for cover you don't need!?
Luckily, we've done the hard work for you. If you want to know who offers the best cover for expensive items, or who has the best single item limit - see who really covers more in our handy guide. Alternatively, if you're looking to compare travel insurance quotes fast, then use our quoting engine to compare travel insurance quotes now.
Whilst it can be extremely boring, the fine print in any policy needs to be read and understood. Understanding the insurance exclusions and loopholes will help you to avoid or at least understand when you're placing yourself in a situation that your insurer will not cover.
|Insurer||Underwriter||Policy Name||Medical||Cancellation||Luggage||Buy Now|
|1Cover||Certain underwriters at Lloyd's||Comprehensive||Unlimited||Unlimited||$15,000|
|American Express||Chubb Insurance Australia Limited||International Comprehensive||Unlimited||Unlimited||$15,000|
|Budget Direct||Auto & General Services Pty Ltd||Comprehensive||Unlimited||Unlimited||$7,500|
|Columbus Direct||Certain underwriters at Lloyd's||Premier||$25,000||$20,000||$10,000|
|Downunder||Certain underwriters at Lloyd's||Premier||Unlimited||Unlimited||$7,500|
|Fast Cover||Hollard Insurance Company Pty Ltd||Comprehensive||Unlimited||Unlimited||$10,000|
|InsureandGo||Mitsui Sumitomo Insurance Company Limited||Insure & Go Gold||Unlimited||Unlimited||$8,000|
|itrek||Certain underwriters at Lloyd's||Pioneer||Unlimited||Unlimited||$5,000|
|No Worries Insurance||Chubb Insurance Australia Limited||Comprehensive||$25,000||$50,000||$20,000|
|Online Travel Insurance||Allianz Australia Insurance Limited||Comprehensive||Unlimited||Unlimited||$10,000|
|Simply Travel Insurance||Certain underwriters at Lloyd's||Comprehensive||Unlimited||Unlimited||$7,500|
|Tick||Mitsui Sumitomo Insurance Company Limited||Top||Unlimited||$20,000||$7,500|
|Travel Insuranz||Berkshire Hathaway Speciality Insurance||Deluxe||Unlimited||$10,000||$7,500|
|Travel Insurance Saver||Certain underwriters at Lloyd's||Comprehensive||Unlimited||Unlimited||$12,000|
|Worldcare||Allianz Australia Insurance Limited||Comprehensive||Unlimited||Unlimited||$10,000|
|Webjet||Allianz Australia Insurance Limited||Comprehensive||Unlimited||Unlimited||$5,000|
|Zoom Travel Insurance||Certain underwriters at Lloyd's||Comprehensive||Unlimited||Unlimited||$7,500|
Please note, the table above shows the listed insurer's most comprehensive policy - international trips only
The information provided is of a general nature only and does not take into account any particular personal objectives, financial situation or needs. Before making a decision you should consider the appropriateness of the information having regard to your personal objectives, needs and circumstances. Cover levels could change at any time.
Having travelled to over 40 countries, studied tourism management and worked as a flight attendant for over three years, Natalie knows more than a thing or two about travel! She’s an adventure-lover, whose favourite trips have been trekking Machu Picchu and volunteering in an animal shelter in the Amazon. Qualified in Tier 2 General Insurance General Advice and specialising in travel insurance for the last five years, she in passionate about helping travellers get the most out of their holiday.