Travel insurance can offer sightseers and globetrotters countless benefits, whether it’s cover for medical bills or replacing lost or stolen luggage. If you want to learn about some of the other benefits travel insurance policies can offer, Savvy can help.
By comparing with us, you’ll learn about the wider benefits of buying coverage for your next holiday. You’ll get to weigh up these advantages between providers to find the policy that suits you to a tee. Compare with Savvy and find your perfect policy today.
Whether you’re travelling domestically or internationally, a robust travel insurance policy can cover you against a slew of unforeseen incidents which can threaten to derail your trip.
Depending on the policy and degree of protection you choose, it can assist you if you become sick or injured while travelling, lose your belongings or have them stolen or have flight cancellations or delays. Some of the broader advantages of travel insurance policies include:
If you’re looking for a domestic or international travel insurance policy that affords you the most benefits, the first thing you should do is compare your options. Savvy can help you compare the most crucial aspects of the top travel insurance plans so you can make an informed decision on which is best for your needs. Doing so not only makes choosing a policy easier, but it can save you money.
Some of the other factors you should weigh up include:
The level of coverage
The perfect travel insurance will cover you across the areas where you need it most. If you’re travelling light, for instance, you probably won’t need to take out $15, 000 worth of coverage for stolen bags and personal items. By the same token, if overseas healthcare is crucial to you, you’ll want cover which allows for significant medical claims.
Most travel insurance companies charge an out-of-pocket sum known as an excess, which ranges from $100 to $250 but can sometimes be as high as $500. In some cases, there are providers who won’t charge you anything at all to make a claim if you’re willing to pay an extra premium.
Type of cover
If you’re travelling regularly, you may benefit from an annual travel insurance policy over a single-trip alternative. Annual travel insurance policies cover you for several trips over the course of a year, which may be less hassle than taking out individual policies every time you jump on a plane, whether it be to Indonesia or another exotic location.
There are very few downsides to purchasing travel insurance ahead of your holiday. Generally speaking, the positives greatly outweigh the negatives when it comes to taking out cover for an upcoming holiday.
The only drawbacks of travel insurance are that it can be potentially costly if you wind up not having to make a claim. Additionally, certain types of policies don’t cover specific pre-existing medical conditions, so you’ll have to pay extra for coverage of your ailment in some cases. However, it’s always better to be safe than sorry when it comes to travel insurance to avoid the risk of forking out tens of thousands of dollars.
We do not compare all travel insurance brands currently operating in the market. Any advice presented above or on other pages is general in nature and does not consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy.
Savvy earns a commission from our partners each time a customer buys a travel insurance policy via our website. We don’t arrange for products to be purchased from these brands directly, as all purchases are conducted via their websites.
Before purchasing your policy, we recommend you refer to the provider’s PDS for any further information on the terms, inclusions and exclusions.