The time you don’t take out travel insurance will be the time you’ll need it.
Travel insurance may seem like an unwanted added expense to your travel costs but if you fall ill or have an accident in another country, you could be up for some serious medical costs. Many countries don’t enjoy the excellent medical system we have in Australia so it pays to take out a good Travel Insurance policy when you go overseas.
Even if you’re travelling intrastate, for example, Perth to Broome, it’s a good idea to take out travel insurance. It’s also wise to inform yourself as to what is and isn’t covered in your policy. For example, if you plan to do sports and activities, they may be covered, but more extreme activities may not be.
Important Travel Insurance Inclusions
Many people rely on the travel insurance that comes with their credit card but it’s worth checking what yours covers because not all travel insurance policies are the same.
If you’re going overseas, you may want to check:
- Whether your policy has 24-hour global emergency assistance. Does it provide on-site medical experts for timeous medical intervention in an emergency?
- Does your credit card cover cruising? Are there restrictions to the number of consecutive days at sea to ensure coverage?
- What standard of medical care is stipulated in your policy? Is it First World Care or Reasonable Care? This may make a difference depending on where you’re travelling.
These and other questions are important considerations when taking our travel insurance.
And, did you know that most travel insurance policies will exclude cover if you’re under the influence of alcohol? This isn’t just for travel insurance – it applies to personal accident policies too.
If there’s one take away point for all insurance policies – it’s to know what you’re covered for.
If you’d like to talk to us about travel or personal insurance, contact Phoenix Insurance Brokers today.
Travel Insurance FAQs
Many international travel insurance policies include a fixed amount of cover for overseas medical and dental expenses, lost or stolen luggage, liability cover, accidental death or disability, and expenses if you have to pay additional monies due to delays, cancellations or rescheduled arrangements.
Some travel insurance policies offer other services, such as 24-hour medical emergency translation, which can help enormously with the quality of medical treatment you receive while travelling.
Often travellers are dismayed to find there are many things their travel insurance policy does not cover them for. For example, if there’s a pandemic or a natural disaster, travel cancellation insurance doesn’t cover every type of cancellation. If you want to ensure you are covered for this, you’ll need to purchase a “cancel for any reason” add-on.
Common travel insurance exclusions include glasses, hearing aids, dental bridges, tickets, passports, keys, cash, and mobile phones. It is different for every policy so it is important to take the time to familiarise yourself with what is and isn’t included in a travel insurance policy before you commit to it.
This depends on your policy. Travel insurance can cover costs if you need to cancel your flight but this is usually under specific circumstances, such as you’ve had to cancel your flight or holiday because of an illness or injury. Other valid cancellations may include bereavement or a job loss.
Insurers can’t see your medical records or apply for a medical report from your GP unless you give them written permission.
Each insurer has different rules for what is considered an existing medical condition so it’s important to answer questions around any medical conditions you have accurately to ensure you are properly covered.
A pre-existing condition includes any diagnosed medical, physical or mental condition, defect, disease or illness that you are aware of and have had treatment for in the last one to five years. This can include common chronic issues such as asthma, high blood pressure and high cholesterol and serious issues such as a heart attack, stroke or cancer.
Some insurers cover common, low-risk conditions without you having to declare them however this is dependent on you meeting criteria for automatically-covered conditions – so you must check your policy.