Travel Insurance Top 10 Tips for These Holidays

Top 10 Ways to Save on Travel Insurance This Holiday Season over Christmas and New Year

With just over 6 weeks to go, Christmas tends to be the busiest travel time of the year, and also the most expensive!

For the thousands of Australians who will be travelling
overseas and domestically to visit friends and family this holiday
season – the good news according to travel insurance experts is that there is still plenty of time to get a good deal on your travel insurance.

Natalie Ball, Director, says:
“We know travel insurance is the boring part of planning your holiday, but it is vital to have the right cover before you take off for the silly season. Rather
than just buying the cheapest – travellers should pick a policy that
has a good level of cover at a price that they can afford.

“The cost of travel insurance and cover levels varies between providers. Using a comparison website is a quick and easy way to save yourself some cash to splash on the fun stuff.”

There are plenty of ways you can save on your travel insurance without compromising on cover. has some top tips to ensure you have a festive and frugal Christmas!


1. Buy Travel Insurance Direct

To get the best deal – buy direct. If you book travel insurance with
an airline or travel agent you are likely to pay up to twice as much for
the convenience, compared to purchasing directly with a travel insurer.

2. Look for Holiday Discounts

Many travel insurers offer 10% off (or more) around Xmas time to
encourage sales, so keep your eyes out for some hot-off-the-press deals
to grab yourself a bargain. With Christmas just a few weeks away, now is
a great time to make the most of all the discounts you can find.

3. Compare Policies

Like any type of insurance you should always shop around to see what
deal you can get rather than buying the first policy you see. Comparison
websites are a convenient way to compare benefits and prices – saving
yourself both time and money!

4. Consider How Often You Go on Holiday

If you are a frequent traveller you should consider an annual
multi-trip policy to ensure you are covered all year round. You can
travel as many times as you like within a 12 month period rather than
buying a single trip policy each time you go away. The only catch is
that each trip will be limited to a maximum number of days ranging from
15 to 90 days depending upon the policy purchased.

5. Where are You Going?

Different insurers have different pricing levels for the same
countries. For example some may list Japan under Asia (Insure and Go),
and some may list it under Worldwide. Pick an insurer which classes your
destination in a cheaper region to save yourself a few bucks.

6. Length of Trip

Some insurer’s provide quotes based on the destination that you spend
the most amount of time in; others base quotes on the destination that
is the farthest away. If you’re travelling to lots of places and
spending the least amount of time in a faraway region, you can save by
finding an insurer that favours the ‘time spent’ option.

7. Level of Cover

There are many cover level options available for you to buy.  A Basic
policy (commonly referred to as medical only), Standard (or Essentials)
and Comprehensive (or Premium). You can save by working out what cover
you need for your trip. For example, a high level of medical cover is
vital no matter where you are travelling and is provided in most Basic
policies.  So if that is all you need cover for, go for Basics.  If you
have outlaid money on prepaid flights & accommodation, or are
travelling with expensive items, you should opt for a more comprehensive
policy that provides cover for cancellation and personal belongings. In
the scheme of things, travel insurance is a small price to pay for the
thousands of dollars you could lose if faced with an unexpected event.

8.Group Policies

If you’re travelling in a group (doesn’t matter if you’re friends,
family or business colleagues) you can often save by purchasing a group
policy, rather than lots of individual ones.

9. Loyalty Rewards

Check if you can get a discount from the insurance company you have
used before – it doesn’t just have to be travel insurance – it could be
the insurer you use for your car or home insurance.

10. Increase your Excess

You can pay less on your insurance premiums upfront by choosing to
increase the excess.  This is the amount that you may need to pay in the
event you make a claim.

Always Read the Small Print

A travel insurance policy is a legal document and it is vital that
all travellers read it before they purchase their policy. The policy
documentation (known as a Product Disclosure Statement) explains in
detail all the policy benefits and various inclusions and exclusions. If
there is any doubt around when you are covered and when you’re not, it
is advisable to contact the insurer to ensure you understand your

is Australia’s leading comparison site solely focused on travel
insurance.  We know travel insurance really well and want to help
Aussies save time, worry and loads of money. We provide unbiased travel
insurance information and compare a vast range of basic, mid-range and
comprehensive policies to ensure Aussie travellers get a great deal on
their travel insurance.  The site is suitable for singles, families,
backpackers, skiers and seniors, and provides cover for all destinations
and trip lengths. compares
the following 22 travel insurance brands: 1Cover, 1st for Women, AIG,
American Express, Budget Direct, Citibank, Columbus Direct, Downunder,
Fast Cover, InsureandGo, iTrek, Kango Cover, Online Travel Insurance, On
Tour Insurance, Priceline Protects Insurance, Simply Travel Insurance,
Ski Insurance, Southern Cross Travel Insurance, Under 30, Virgin Money,
Webjet and Worldcare.

Comparisons are default ranked according to price and users have the
ability to sort by popular cover levels. All policies listed on are underwritten by one the Australia’s leading underwriters and include a 24-hour emergency medical assistance helpline. See more at Intelligent Travel.


About Tony Ridley
Travel health, safety, security and risk management expert.

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