Kerryn Boogaard Kerryn Boogaard
Beverly Goldsmith Beverly Goldsmith
Zoe Bingley-Pullin Zoe Bingley-Pullin

Tips on How to Buy the Best Travel Insurance Policy:

Going on a trip soon? Be more than ready with a travel insurance.
By Expert Tips
Date: April 09 2018
Editor Rating:
Motherpedia cover

Taking out insurance of any kind is no one’s idea of a fun time. It implies that there is a worst case scenario that you have to prepare for, and nobody likes to think in those terms while planning their vacation. In any case, it’s always a good idea to take out insurance cover when you travel because who knows? Some unexpected events might lead to unexpected expenses, which are much better handled by an insurer than coming out of your own pocket.   

If this is your first time purchasing travel insurance, then let us be the first to congratulate you; you’ve made the right decision. In the same way as buying car or home insurance is a necessity to secure your car and home, travel insurance is a must no matter where you’re travelling to. With a standard travel insurance policy, you’ll be covered for a multitude of unexpected scenarios, such as unforeseen trip delays and cancellations, overseas medical expenses, or having to replace lost or stolen luggage, personal effects and travel documents.

However, if you’re choosing an insurance company for the first time, it’s important to make an informed decision so that you aren’t stuck with a policy that doesn’t meet your needs. Read on for top expert tips on how to buy the best travel insurance policy.

Understand What Travel Insurance Is

Essentially, travel insurance is there to cover the financial expenses related to unexpected medical emergencies and unforeseen events that might lead to trip delays or cancellations, as well as the sudden loss of personal effects, luggage or other valuable items.

When shopping around for travel insurance, it’s important to keep in mind that you’ll come across different levels of cover, which are based on the insurance company, the size of the policy’s excess, as well as the features included in the plan. Different policies offer different medical expense options, while those with higher amounts are mostly meant for countries with expensive medical care such as the US. So, make sure you choose a provider with a really good medical expense coverage, as this is one aspect of your policy you don’t want to skimp on!

Check What’s Included in Your Insurance Policy

Before you choose your insurance policy, identify your needs and ask yourself questions like; what kind of destination am I traveling to? What transport am I using to get there? What type of activities am I interested in? How long will the trip last? Who are my travelling companions? What’s the value of the personal effects and other items that I’m travelling with? How can I best avoid risk during my journey?

Important Considerations

  • Extent of coverage – What’s the extent of your cover? Is it limited to medical costs incurred abroad only or can it be extended to cover local medical costs if treatment continues when you get home?

  • Claims procedure - Find out what your insurer’s claims procedure is, including the documents they require in order to process a claim, and the time frame in which the documents must be submitted and the incident reported.

  • Amount of premium - Does the premium amount reflect your needs, or can you remove or add on to better insulate yourself for the trip?

  • Available upgrades - Is it possible to extend the limit on individual valuables in your luggage? If so, how much will it be and can it include items that you’ve purchased while abroad?

  • Drugs and alcohol - Be careful to drink in moderation, as you’ll most likely forfeit your cover if found under the influence during the reported incident.

  • What’s not covered - Typically, most policies exclude things like high-risk activities and professional sports, travellers with pre-existing medical conditions and travel to unexplored regions of high-risk destinations. However, you can purchase special cover for them if necessary, although the options are far and few in between.

  • Exclusions - Most travel insurance companies won’t cover you for incidents such as volcanoes or landslides, as well as extreme weather conditions, or terrorist attacks, acts of war or any commotion that can cause travel disruptions.

We recommend that you choose a policy with the smallest number of exclusions, and be sure to read the fine print on your contract and also disclose pre-existing medical conditions in time.

Should You Get Travel Insurance for Domestic Travel?

The straightforward answer to this question is; yes! While you may have pretty good medical insurance, it might be a good idea to take out travel insurance if you’re engaging in some adventure activities, as you may end up requiring emergency helicopter rescue, which can cost up to $25,000! It’s entirely up to you, but it’s better to be safe than sorry.

Should You Get an Annual Policy or a Single Trip Cover?

This depends on your travel plans and itinerary. For example, if you’re a frequent traveler, whether for recreational or work purposes, then it might be a good idea to take out an annual travel insurance policy, which will cover all the trips you will make within a 12-month period from the moment you sign up.

The best part about it is that you’ll save a lot of money compared to taking out a new policy for each trip. However, if you’re not a frequent traveller, then the single-trip policy may be a good idea, as you won’t have to pay for trips that you’re not taking.

Also, keep in mind that premiums are based on the age of the older policyholder and premiums immediately increase for travellers over 65 years old. If one of the family members that you’re travelling with is 65 or above, then you’ll do well to get them a separate policy so that you can get the best deal on both policies. That said, it’s always a good idea to do the math for yourself and find out what’s the best option for you.

Lastly, remember that with a higher premium excess comes a lower premium, so make sure to pay the full excess amount instead of trying to avoid paying excess like some travellers, because doing so will lead to paying more when a claim is needed than you would with a higher excess. The average excess amount for most policies is around $100.

Share This Tweet This Email To Friend
Recent Comments
12 Total Comments
issac samuel says: 2018 04 17

This is a great post. I like this topic.This site has lots of advantage.I found many interesting things from this site. It helps me in many ways.Thanks for posting this.custom essay writing serviceI love the manner you conferred this. You actually have an honest grasp on what’s required to reach digitally selling alittle business. the matter is that almost all individuals recently became familiar with instant gratification, thus expect instant results from their selling efforts. the fact is, that to succeed with any style of selling, you’ve got to be consistent, deliberate and most of all, terribly patient.

timonberg timonberg says: 2018 06 12

When you initially visit the best hotel search engine the simplicity of navigation is really a lot better than another website. It is obvious, precise and has plenty of comparison of expenses and options Armani hotels website walks you through the process, therefore it is easy. Price compares site just demonstrated hotels in the. The speed of cost, when compared with other people, is a lot lower and very attractive.

alisiajorge says: 2018 07 30

Native American Jewelry Shopping Tips have got the knowledge of what all of their clients need. Consequently, signifies that in case you desire to find high quality and stylish jeweler, you just need to go to their own store today, and you’ll be amazed by the big selection.

Shane says: 2018 08 30

The inaugural occasion will go on for a week’s time in order to celebrate TX passion for songs as well as their wealthy culture within the exact same. A few of the historic dancing halls that will be opened up consist of Luckenbach present in Luckenbach and Sengelmann in Schulenburg See More.

sarahdcook sarahdcook says: 2019 07 11

I Never ever found such edifying this link

Peter Reiniger says: 2019 07 15

This is an excellent scholastic point together with penciled sensational for that adjustment. My treatment is exceptionally rather pleased in seeking a person’s blog site web site. I examine your internet website. injury law firm

Sven Lange says: 2019 07 15

I planned to prepare you this little affirmation to aid supply many thanks once more considering the fantastic approaches you have actually taped on this net website. It’s simply extremely open-handed with you to supply unreservedly merely what a lot of individuals can have marketed as a digital book. integral blinds for doors

seo says: 2019 09 27

I make use of to run a credible company that expected me to make great deals of dollars transfers weekly. As a result of assisting umpteen fx variations currently quickly provided, I called for to get a worth system which can manage me while making use of amongst among one of the most trusted therapies of dollars transfer comparison. immigration law

seo says: 2019 10 07

I make use of to keep a trustworthy organization that routine me to make heaps of dollars moves week by week. As a result of aiding umpteen fx versions currently appropriately supplied, I required to acquire a worth framework which might take care of me while making use of among the most believed medicines of bucks move to set apart. Affordable Mortgage

Thomas Baier says: 2019 11 04

I just intend to tell you that I’m new to the weblog and surely preferred this blog website. Very almost certainly I’m more than prone to bookmark your blog website online. Many thank you for showing to us your blog. best accident lawyers

View All Comments
Post a Comment
* your email address will not appear

Please enter the word you see in the image below:

Post a Comment
* your email address will not appear

Please enter the word you see in the image below:33343

Your Comment has been posted
Related Articles
Don't think of travel insurance as an added extra, but…
Read more
Wiwander - image 1
Keep these in mind for a hassle-free family vacation
Read more
Cry babies

Dry your eyes!
The newest additions are on their way from the Babies who cry real tears!


Latest Tech Used In Shipping Containers
Read how the shipping industry has revolutionised

Motherpedia cover-2

Win 1 set of a 4-book hardcover illustrated boxed set
Barbara Murray’s new 4-book Sound Stories is perfect for parents and educators and could assist with NAPLAN results

Motherpedia cover (4)

Where to celebrate Oktoberfest Australia
Get ready for this celebration!

Motherpedia cover-4

A Fortnight of Foodie Experiences at East Village
A taste of East Village. What's in it for me?

Globber my too fix up cover

We Try: Globber My TOO Fix Up
A scooter that grows with your child

Throw a winning cricket pitch

3 Steps to a Winning Backyard Cricket Pitch
Ex-Adelaide Oval legend curator Les Burdett shares his tips for getting your backyard cricket pitch test match ready this summer

A bike that follows your kids life cycle - motherpedia - cover

A Bike That Follows Your Kids Life Cycle
Check out the Bunzi 2-in-1 gradual balance bike!

Moonlight lifestyle

Moonlight Cinema to bring…
Moonlight Cinema announces brand new Western Sydney venue

Screen shot 2019-11-26 at 8.29.12 am

Your Magical Christmas Wonderland…
Adventure park is about to light up the night sky with its "Christmas Festival of Lights"

Screen shot 2019-11-21 at 11.11.36 am

The Preston Market Gets…
It's time to feel pumped up for the holiday season!


Bunnings team members get…
Help raise funds by buying a snag or donating at your local store.