Buying Travel Insurance in Advance

07 March 2013 - Which Way to Pay

Buying Travel Insurance in Advance

Now is a good time for a vacation and Australians everywhere are hastily packing their suitcases, ordering their currency and planning their trips to the airport.  But have they really thought of everything? Statistics show that an alarming number of holiday makers fail to even think about travel insurance before they leave Australia, despite the fact that there’s never been a better time to take out a policy.  Travel insurance doesn’t just cover illness or accidents abroad, it also helps travellers gain compensation in the event that their entire holiday or flights are cancelled.  In addition, travel insurance helps holiday makers relocate lost baggage and compensates them for any stolen or damaged items.  One of the most common travel insurance claims is for lost and stolen credit cards, cash or passports. Without insurance, travellers simply have no other protection.
 
Buying travel insurance couldn’t be easier.  There are a variety of specific travel insurance companies online and even banks are supermarkets offer their own travel insurance policies. Travellers are also offered specialised travel insurance to cover them for any ‘riskier’ activities whilst on holiday such as scuba diving, horse riding or skydiving.  Policies can also be taken out for a single trip or multiple trips abroad.