Long-Term Travel Insurance

Compare your long-term travel insurance options with Savvy.

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, updated on September 4th, 2023       

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Compare Travel Insurance Quotes in 30 Seconds

Whether you’re heading overseas for the expansive holiday you’ve been saving up for or moving around Australia for a temporary position, there are many reasons why you might wish to take out a long-term travel insurance policy. You can compare a variety of offers for your months-long trip right here with Savvy.

We’re partnered with trusted Australian insurers who can deliver you the cover you need for an extended period away from home. Finding the right deal for your needs is as simple as comparing your options with Savvy and you can commence the process of getting a quote as soon as today.

What are my long-term travel insurance options?

When it comes to taking out a travel insurance policy to cover a long-term holiday, whether international or domestic, you can access cover for up to or beyond 12 months in some cases. However, it’s important to consider the nature of your travel to ensure you take out the right type of cover. The main options for long-term travel insurance are:

Single-trip travel insurance

A single-trip policy covers you for a single round trip which starts and ends in Australia. This is the most common type of travel insurance taken out and is suitable for those who are only planning one extended trip within a given year. These can cover you for up to 12 months from your start date but must finish in Australia within that period to ensure you’re covered the whole time you’re away.

However, some insurers will enable you to extend your policy by six to 12 months while you’re overseas. This is helpful if you decide to stay longer than your original return date, but this may only apply if you’re travelling within a particular set of countries, such as the US, the UK and Canada with some providers.

One-way travel insurance

As the name suggests, a one-way policy is a type of long-term international travel insurance for those who are leaving the country without a set end date or return flight booked. This is useful for those relocating overseas indefinitely or simply who want to travel without the constraints of bookings which are set in stone, such as insurance for backpackers.

Like single-trip insurance, one-way travel insurance can cover you for up to 12 months with the scope to extend by an additional 12 months. You can also take out a new policy to cover your return to Australia, provided your flights are at least 48 to 72 hours after you purchase the policy.

Annual travel insurance

An annual travel insurance policy isn’t designed to cover a single long-term trip, but rather offers you protection for multiple trips over a 12-month period. Depending on the level of cover and the insurer you go with, your total travelling cover across 365 days can range from as little as 15 days up to as many as 90. If you’re a frequent flyer, it’ll generally be the best and most affordable option for your travel insurance needs.

What will my long-term travel insurance policy cover?

After you’ve determined whether to be covered by single-trip, annual or one-way travel insurance, it’s crucial to decide whether to take out comprehensive or basic cover. While comprehensive is the more expensive option, it offers more in the way of covered events, which may be especially important whilst you’re away from home on a long trip. The key areas which travel insurance covers are:

  • Medical expenses: if you require emergency or general treatment while overseas, your policy can offer unlimited cover. This also extends to ambulance and airlifting costs and medical evacuation and repatriation.
  • Cancellation costs: should you have to cancel part or all of your trip due to a covered event, you can claim any fees on your insurance. This also includes delays and resumption of your holiday (in some cases).
  • Personal items: you’re protected against your items being damaged, lost or stolen, with policies generally allowing you to claim up to around $15,000 or more depending on the nature of the belongings insured.
  • Rental car excess: if your hire car is damaged whilst you’re away from home, you can claim the excess paid to the rental company.
  • Personal liability: should you be found liable for an injury to someone or damage to their property, your comprehensive travel insurance policy can offer financial cover up to $5 million in some cases.

In contrast, basic insurance generally only covers medical costs and personal liability (with cover for your belongings able to be added with some insurers). Many insurers these days will also offer cover for medical and cancellation costs associated with COVID-19, so you can be covered for certain costs should you test positive or become a close contact.

On top of these, you can also add cover for adventure activities such as scuba diving, rock climbing, snowboarding and skiing cover. This will, in most cases, cost you an added premium, but will enable you to make a claim should you suffer an injury on the water or in the snow.

How should I compare long-term travel insurance policies?

When comparing your options with Savvy, there are many factors to bear in mind to help you lock in the best long-term travel insurance policy for your needs. Some of the key areas to consider when comparing travel insurance include:

  • Cost of premiums: while cost isn’t the most important factor to think about, it’s important to not overpay for your policy. Getting insured is about striking the right balance between cost and cover, which is especially important when you’re taking out a long-term policy (which naturally costs more).
  • Inclusions and exclusions: when comparing policies, always make sure that they offer the cover you need for your holiday. Find out if there are any exclusions (such as particular pre-existing conditions) which may affect you before committing to your purchase.
  • Maximum coverage: for any long-term travel, it’s important to ensure you’re covered for the period required. While some policies will max out at 12 months, others will enable you to maintain the same policy for 18 to 24 overall.
  • Countries covered: not all countries will be covered by all insurers, so make sure each stop along your journey qualifies for coverage. It’s also important to bear in mind which countries are eligible for a policy extension, as there may only be a select few available for you to do so if you wish to keep the door open for a longer trip.
  • Optional extras: if you’re planning on travelling to Japan for some skiing or scuba diving along the Great Barrier Reef, it’s worth checking each insurer’s optional extras to see what you’ll be covered for.

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Frequently asked long-term travel insurance questions

Is it possible to extend my travel insurance policy by more than 12 months?

The maximum length a policy can be is 24 months, so if your original policy is 12 months long, you won’t be able to arrange an extension longer than 12 months. If you need to access cover for longer than that period, you’d be required to take out a new policy.

Can I take out long-term cruise cover on my travel insurance?

Yes – in most cases, cruise cover can be added as part of your policy, meaning you can take out long-term insurance to afford you protection while you’re out at sea either on an international or domestic cruise. You can compare different policies to learn more about how much cruise travel you can be covered for.

Will I be able to include my family under my long-term insurance policy?

You can – there are specialised family travel insurance policies available which cover two parents and their dependent children. If your children are under 21 and aren’t working full-time, they can usually be included in the policy free of charge. If you’re a single parent or the only one travelling with your kids, you can also add eligible dependents to a single-person policy for free.

Is long-term travel insurance available for seniors?

Yes – however, some insurers will cap the maximum travel cover for those over 65 at a much lower level, such as only allowing for up to three months compared to 12. If you’re a senior traveller, it’s always worth checking with your insurer to see what the maximum period of cover is.

Why is reading my insurer’s PDS so important?

The Product Disclosure Agreement tells you everything you need to know about your travel insurance policy, most notably what it covers and the conditions attached to them. By familiarising yourself with the PDS, you’ll maximise your chances of avoiding any unwanted surprises if you go to make a claim while travelling in India and find out you aren’t covered.

Can pregnant travellers be covered under long-term insurance?

Yes – however, the cover provided to pregnancy-related events will be capped prior to the birth of your child. In most cases, this will range between 23 and 30 weeks, but some insurers can offer cover up to 36 weeks into gestation. You won’t be able to make any claims relating to your pregnancy after that point, such as expenses stemming from childbirth or childcare.

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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.