What is Travel Insurance?
Travel insurance provides cover for any individual named on the policy travelling overseas or within Australia.
This means you’ll get protection from situations such as lost or stolen luggage, illness or injury experienced whilst overseas, medical expenses incurred during your travels, cancelled flights with fees, plus much more. Some policies provide travel insurance for income protection as well.
Comprehensive travel insurance typically covers:
- Medical emergencies overseas (including hospital stays up to unlimited coverage, emergency dental, and medical evacuations)
- Trip cancellations and interruptions due to unforeseen circumstances
- Lost, stolen, or damaged luggage and personal belongings (comprehensive policies may cover up to $7,500-$25,000 depending on the level of cover)
- Travel delays and missed connections with compensation for additional expenses
- Personal liability if you accidentally cause injury or damage to others
- Rental car excess protection (coverage often ranges from $4,000-$10,000)
- 24/7 emergency assistance, no matter where you are in the world
All this depends on the type and level of travel insurance cover you choose. Every travel insurance provider is different, so it’s important to seek advice to find the right coverage you need for your travelling experience.
Many travel insurance providers have incentives to provide you with higher levels of cover that you simply might not need. At Adroit, we’re unbiased with no strings attached in all our insurance brokerage services. We’re your trusted travel insurance risk advisers in Australia who ensure you’re paying for travel insurance for the coverage that you really need – no more and no less. As independent insurance brokers with over 30 years of experience, we compare policies from multiple Australian insurers to find the best fit for your specific trip, budget, and travel style. Unlike direct insurers who only offer their own products, we give you genuine choice and expert guidance.
Types of Travel Insurance Coverage
Understanding your options helps you choose the right policy:
Single Trip Travel Insurance covers one specific journey from departure to return. This is ideal if you travel occasionally and want comprehensive protection for an upcoming holiday. Prices typically range from $50-200 for a week-long domestic trip or $150-500 for international travel.
Annual Multi-Trip Insurance covers unlimited trips within a 12-month period, with each trip typically limited to 30-90 days. This option may offer value if you take multiple holidays each year, with annual premiums often ranging from $250-$700 depending on your age, destinations, and coverage level.
Domestic Travel Insurance protects you when travelling within Australia. While Medicare covers some medical costs domestically, this insurance adds protection for trip cancellations, lost luggage, and travel delays, all of which are important cover that many Australians overlook.
Why Choose Adroit for Travel Insurance?
With decades of experience and industry recognition as 2019 Insurance Brokerage of the Year, Adroit provides:
- Access to Multiple Insurers: We work with leading Australian travel insurance providers, comparing policies to save you time and help ensure you’re considering a range of coverage options
- Expert Claims Support: If something goes wrong during your travels, our team assists with the claims process, liaising between you and the insurer
- Tailored Coverage: Whether you need basic coverage or protection for adventure activities, we match you with the right policy
- No Upselling: Our role is to match you with adequate coverage at a fair price: we can advise if you’re considering unnecessary extras
Frequently Asked Questions
Anyone travelling overseas or within Australia should consider getting travel insurance to protect themselves from unexpected events. Whether you’re a young backpacker, a family on holiday, or a senior exploring the world, travel insurance may provide essential financial protection. Business travellers, adventure seekers, and those with pre-existing medical conditions face particular risks. It’s especially important for international travel where Australian Medicare doesn’t cover medical costs, leaving you vulnerable to bills that can exceed $100,000 for serious emergencies.
Without proper travel insurance, you could face devastating financial consequences. Basics like unexpected delays or cancellation of flights, illness, injury, lost or stolen luggage, are among the first things to consider when getting protected with travel insurance.
In addition to this, you should look into whether you have any disabilities, medical conditions, or know of any other factors that may increase the likelihood of harm or risk whilst travelling.
The destination of where you’re travelling as well as the activities you’re planning to take part in also should play a part in deciding the type of cover you need. Certain travel destinations provide a higher risk for travellers than others, so we recommend gathering as much information with your insurance risk adviser about your travel plans as possible. High risk activities such as scuba diving, hiking, and even sky diving are definitely things that put you more at risk and will influence the requirements for your travel insurance cover. Medical emergencies overseas can cost tens of thousands of dollars.
Travel insurance protects you financially if travel plans are cancelled, if you have a medical emergency before travelling, or even while travelling. One of the biggest things to consider before travelling overseas is that Australian Medicare doesn’t cover you for medical treatment received overseas, so having travel insurance in place can be very important
Without the proper travel insurance, you could be left severely out of pocket. With a bit of preparation upfront, you’ll find that having the right travel insurance can save you from many headaches and frustrations. Beyond medical emergencies, travel insurance covers trip cancellations (protecting deposits and bookings worth thousands), lost luggage (up to $15,000-$25,000), travel delays, and personal liability if you accidentally cause damage. For just 4-10% of your trip cost, you gain peace of mind and financial protection. Avoid unnecessary stress and get covered today with the help from Adroit’s leading team of risk advisers.
Speaking to your insurance broker and taking out a travel insurance policy is the best way to protect yourself. Our team can work with you to help ensure your policy is tailored to what you need for your trip. Start by calling us today or visiting our office locations across Victoria. We’ll assess your trip details, compare policies from multiple insurers, and recommend coverage that matches your destination, activities, and budget. Purchase your policy as soon as you book your trip to ensure cancellation coverage from day one.
Travel insurance typically costs 4-10% of your total trip value. For example, a $3,000 Bali holiday might cost $120-300 to insure, while a $10,000 European tour could range from $400-1,000. Factors affecting price include your age, destination, trip length, and coverage level. Annual multi-trip policies ranging from approximately $250-$700 may offer value for frequent travellers. Our brokers can help you find an appropriate balance between comprehensive protection and value for money.
Standard exclusions often include: undeclared pre-existing conditions, travel to government “Do Not Travel” warning destinations, incidents involving alcohol or drug impairment, unattended valuables, professional sports, and elective medical procedures. Understanding these exclusions can help you take precautions and consider additional coverage where needed. We aim to explain all policy exclusions clearly before you purchase, helping to avoid surprises if you need to make a claim.
Get Started Today
Don’t leave your holiday protection to chance. Our experienced risk advisers are ready to compare travel insurance options from Australia’s leading insurers. For comprehensive protection advice, also explore our life insurance and personal insurance options to ensure you’re fully covered at home and abroad.
Contact Adroit today for your personalised travel insurance comparison.