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.
How do I get the best travel insurance for my trip? This is not as simply answered as you may think! When it comes to travel insurance, finding the best for your holiday requires you to think about the type of trip you are going on and the level of cover you will need. It's about matching your needs to the various insurance policies on the market and weighing up the options.
The following will guide travellers to find the best travel insurance for their holiday 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 you need and what you don’t need. 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 particualr trip, whether that's a big around-the-world adventure or a domestic weekend break. Don't pay for more cover than your trip requires!
Overseas medical cover and personal liability benefits are often considered the most essential coverage items. These are standard in most basic travel insurance policies. More "comprehensive" policies will include additional cover for things like trip cancellation and luggage protection. If you have pre-paid flights, tours and accommodation a comprehensive policy, which includes cancellation cover incase you can't go is wise as you'll be protected for any holiday expenses you've paid out before you depart.
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 start comparing 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.
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 real value for money. Some insurers definately do cover more than others. Luckily we've done all 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 right here.
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 placing yourself in situations that your insurer will not cover.
Some additional considerations when purchasing a policy are:
The best travel insurance is out there. All travellers have to do is have a clear understanding of what they need cover for and match this to the right provider.
|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||Pinoeer||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||QBE Insurance Limited||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|
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.