Choosing the Right Travel Insurance For You
Travel insurance is as essential as your passport, regardless of your travel destination. If you can't afford travel insurance, you can't afford to travel!
- Price isn’t always the best indication of a good policy. If you only look
at the prices you could end up with a policy that doesn’t provide the right level
of cover. Reviewing the benefits and reading the policy wording is the best way
- Buy your travel insurance as soon as you book your travel. With most policies
the cancellation component of your policy is active as soon as you buy your policy,
not just from the date of departure. Buy your travel insurance as early as you can.
- Rental Vehicle Insurance Excess Cover provided in most comprehensive travel
insurance policies is normally more cost effective then paying the rental company
to reduce the excess in event of an accident.
- Read your Travel Insurance Product Disclosure Statement. Policies offer different
benefits and levels of cover. Make sure you understand which events are covered
under each benefit.
- Make sure you are covered for Pre-Existing Medical Conditions. Travel insurance
policies do not automatically cover you for all of your Pre-Existing Medical Conditions.
Whilst many simple conditions may be covered, you may need to complete a medical
form and possibly pay an additional premium.
- Make sure all your planned activities are covered by your travel insurance policy. Many
potentially dangerous activities aren’t covered, like running with the bulls or
base jumping. Whilst unlikely to affect the average traveller, some activities such
as Skiing or Cruising may not be covered or there may be an additional premium payable.
- Reciprocal health agreements are not a substitute for Travel Insurance. It
will not cover you if a doctor recommends medical evacuation back to Australia.
Services are only provided when it would be unreasonable to delay treatment.
- Know how to make a claim before you need to make one. Save yourself a lot
of extra stress, know when to use your emergency contact numbers and what you need
to do if something goes wrong. This information is available in the policy’s Product
Disclosure Statement (PDS) brochure.
- You may require an international policy even for a domestic cruise. You may
not be covered by Medicare on a domestic cruise with an international cruise line.
You may need a comprehensive policy. If you are unsure please contact the cruise
company or your cruise booking agent.