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.
There are many ways you can buy travel insurance, including through travel agents such as Flight Centre and Hello World, but buying travel insurance direct from an insurer rather than through a third party can save you hundreds. You can easily avoid the hidden fees of travel agents by doing an online comparison and clicking through to purchase your travel insurance direct with your chosen insurer.
Australians often purchase their insurance via their travel or booking agent for convenience but you would be shocked to know the difference in cost.
Our investigations revealed that similar policies varied in price up to as much as $500 for a family of four travelling to Bali for 10 days. A policy with Flight Centre was $564, whereas a policy for the same trip with similar benefits from Budget Direct, 1Cover or Zoom Travel Insurance ranged from $65 to $100. When it comes to seniors with medical conditions, there were price variations as much as $1,000 once medical loadings had been added.
Purchasing travel insurance direct from a travel insurance company is usually substantially cheaper than purchasing through a travel agent or tour company as they have no 'middle man' commissions or fees to pay. These cost savings are passed on to you by way of offering quality, travel insurance direct.
Travellers can also expect to pay a higher premium for policies purchased with airlines. Some airlines suggest travel insurance as an add-on when booking flights online. Some are cheeky enough to pre-select travel insurance for you, so check the total summary as you may need to uncheck the travel insurance box.
Even among travel insurance providers, the rates and policy components can vary considerably, so it's a good idea not to just grab the first policy offered to you but to take time for a careful comparison. Online comparisons can't be beaten when it comes to the quickest and easiest way to compare direct travel insurance online. Start comparing travel insurance direct online now to see the savings for yourself.
|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|
|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||Comprehensive||Unlimited||$10,000||$10,000|
|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||Pacific International Insurance||Comprehensive||Unlimited||Chosen limit*||$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 most comprehensive policy of our partnered insurers - 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.
The consumer advocacy group, Choice, estimated that agents received up to 50% of a policy premium in commission. "It's very easy and convenient to go with the insurance provided by the travel agent but that might not be the best deal," a Choice spokesman, Christopher Zinn, says. "Our advice is that substantial discounts can be found online and high agent mark-ups are often negotiable."
In advice supplied by insure4less.com.au, the company states: "Naturally, buying travel insurance direct and cutting out the travel agent or tour operator can bring the price down substantially, as these middlemen tend to earn high commissions."
Ian Jackson, the general manager of the online group, Travel Insurance Direct, says its policies carry lower commissions - less than 30 per cent - by cutting out some of the intermediaries (distributors, marketers or agents).
In addition, according to the Marketing Manager of direct insurance company 1cover.com.au: "Smaller travel agents may not always have back up in the event of bankruptcy, whereas all quality insurance companies in Australia are underwritten by a reputable insurance body."
Some travel insurers operate wholly online and are able to offer rates that are made cheap, when compared to traditional companies, due to reduced overheads yet they still maintain high value and reliability.
As NRMA Insurance advises: "Shop around – don't just accept the insurance that your travel agent or airline offers you, there may be cheaper options available which suits your needs."
Kate Smith from Zoom Travel Insurance commented: "Zoom believes that all Australians should be able to afford quality travel insurance. Why pay for a policy that covers you for a load of things you don't need. We keep our direct travel insurance prices low by offering flexible options that allow you to tailor your cover."
Expect better deals as competition heats up between travel agents, online and direct insurance retailers.
Travel insurance is one of those life decisions that can impact heavily if you don't put in the effort to make an informed decision. So take time to compare travel insurance direct versus travel agent prices.
If you're looking for information on Australian travel insurance provider travel insurance direct (TID), you can gain insights by reading customer reviews.
Carolina has been working exclusively in the travel insurance industry for over two years. With a customer consultancy background and currently studying law, she is a fine-print wizard who loves helping travellers find a policy that actually works for them. Speaking two languages and having travelled all over the world, Carolina discovered that she is not cut out for working holidays after a stint on her grandparents’ southern Vietnam farm, and is definitely a lounge-by-the-pool kind of lady.