Medibank Travel Insurance Review

Learn more about Medibank's travel insurance policies to find out about their coverage and fees and compare them with other insurers today.

Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on June 26th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

For more than 45 years, Medibank has been providing insurance products to Australians across a range of services, whether they be for health, pets and life. Since 2006, Medibank has been offering travel insurance policies to Australians looking to take a holiday here and abroad.

Savvy can help you compare their policies with those of other providers if you're curious about how they stack up. By comparing coverage specifics, you can shop for the best coverage and lowest price on travel insurance for your next trip, no matter whether you’re heading to Bali or Brisbane.

We make it easy to shop around by providing instant quotes from a range of top insurers, so compare with us now and get a quote today.

*Please note that Savvy does not represent Medibank for its insurance products.

More about Medibank travel insurance

What travel insurance policies does Medibank offer?

Medibank's travel insurance offers include:

  • Domestic Travel Insurance: Medibank’s version of a domestic travel insurance policy offers coverage for cancellation of flights, missing or stolen luggage and any accidents resulting in you being found personally liable. There’s also some coverage for COVID-19-related costs and the excess on a hire car.
  • International Medical Only: this stripped-back medical-only policy covers you for the bare necessities such as overseas health treatment and personal liability, but you’ll need to pay extra if you want to be covered for flight cancellations or delays.
  • International Comprehensive: Medibank’s top-of-the-line policy not only covers you for overseas medical and dental emergencies but also includes coverage for your valuables such as cameras, phones and computers and unforeseen cancellations.
  • Annual Multi-Trip: designed for the frequent traveller, this annual travel insurance policy allows you to make multiple international and domestic trips over 12 months and be covered by one policy. One condition of coverage is that you must be more than 250km from home while you’re on holiday.
Domestic travel insurance International medical-only International comprehensive
Overseas medical
N/A
Unlimited
Unlimited
Cancellation
Unlimited
N/A
Unlimited
Luggage/personal items
$8,000
N/A
$15,000
Personal liability
$5 million
$5 million
$5 million
Additional expenses
$10,000
Unlimited
Unlimited
Loss of income
$2,000
N/A
$10,000
Travel delay expenses
$2,000
N/A
$2,000
Permanent disability
$10,000
N/A
$25,000

Before you head out on that long-awaited holiday, however, it’s important to compare travel insurance prices with Savvy to ensure you're getting the best deal possible. It’s crucial to know what your travel insurance policy covers before deciding on which is best for you.

What optional extras are available through Medibank?

Riding a motorbike or taking a cruise while on holiday may not be covered by your standard travel insurance policy or may incur an additional premium from your provider. Medibank, like many other providers, provides a selection of optional extras, such as:

  1. Winter sports cover: whether you’re taking a trip to some of Australia’s most popular ski resorts or taking your board or sled to New Zealand to carve up the slopes, Medibank offers optional coverage for skiing, snowboarding or sledding.
  2. Motorcycle cover: like most providers, Medibank offers coverage for motorcycle or moped riders and their passengers if you plan to explore your destination on two wheels.
  3. Extra luggage limits: if you're taking valuables, whether they be false teeth, a laptop or a drone, on your holiday, Medibank allows you to pay a little bit extra to increase the claimable limit if they become lost, stolen or damaged.
  4. Cruise cover: Medibank offers a standalone cruise policy which covers you for on-board medical and dental treatment, seasickness, cabin confinement and missed port and shore excursions, whether you’re setting sail for a trip to Bali or cruising through Australian waters.

What exclusions should I be aware of when buying travel insurance through Medibank?

Although most travel mishaps are covered by insurance, most Australian insurers have standard exclusions they do not pay for. It's common knowledge that they'll be described in detail in the Product Disclosure Statement (PDS). Some of the general exclusions on Medibank's coverage include:

  1. Claims resulting from travel on a privately-chartered aircraft
  2. If you’re injured or suffer a loss due to war or a revolution at your destination
  3. Radioactive contamination caused by nuclear waste
  4. Loss or damages caused by detention or confiscation
  5. Claims resulting from you breaking the law
  6. Claims of loss of enjoyment

If you've done your research and found a policy that interests you, you should review the PDS from the provider before making any decisions.

What we think of Medibank's travel insurance

What we like

Generous personal liability

Medibank’s travel insurance policies offer generous limits on personal liability claims of up to $5 million, which is high compared to other providers.

COVID-19 coverage

Medibank offers cover for COVID-19-related costs, including cancelling your trip due to COVID-19 and any overseas medical costs you incur if you test positive.

Discounts for Medibank Private members

Existing Medibank and ahm health insurance customers get a discount of 15% off their travel insurance, perhaps making the policy cheaper than some of their competitors.

What we don't like

Limited pregnancy cover

In order to be completely insured if you’re pregnant, you’ll need to pass a health evaluation and coverage is only guaranteed up to the 26th week of your pregnancy. 

Age limit  

Medibank restricts insurance to persons younger than 84 years old, in contrast to certain other providers which have no such age restriction. 

Modest pre-existing coverage

If you suffer from a heart condition, cardiovascular disease or certain types of diabetes, you will need to undergo a medical assessment and have cover for your pre-existing medical condition approved by Medibank.

Types of travel insurance

Why compare travel insurance with Savvy?

Frequently asked questions about Medibank Travel Insurance

How do I make a claim through Medibank?

Medibank gives you two options for filing a claim: online or through the mail. If you’re filing a claim through their website, Medibank requires you to tell them a bit about the incident you’re looking to claim for and upload any scanned receipts and supporting documents to back up your claim. Medibank also requires you to lodge your claim within 60 days of your return home and you must report any losses, whether it be cash or luggage, within seven days of the incident.

What coverage does Medibank offer if I am pregnant?

Up to 26 weeks of pregnancy, you are covered by most Medibank travel insurance policies. Hyperemesis, gestational diabetes, and other pregnancy-related disorders are not covered by Medibank if they were diagnosed after you purchased the coverage.

How much will my Medibank travel insurance cost?

If you're planning a trip and want to relax, buying travel insurance is a necessity. There is no one, all-encompassing answer to the question of how much travel insurance costs since so many variables come into play. Some of these will include:

  • Age
  • Your chosen destination
  • The level of coverage you buy
  • Any optional extras you need
  • Pre-existing medical conditions you need to disclose
  • The policy excess you choose
  • The type of insurer and insurance policy you buy
What’s the difference between single-trip, multi-trip and one-way travel insurance?

The difference between multi-trip travel insurance and a single-trip policy is the number of journeys you can take in a year (usually allowing between 45 and 90 travel days for each trip). If you haven’t yet bought a return ticket, a one-way travel insurance policy protects you for just one leg of the journey for up to 12 months, which you may be able to extend by an extra 12 months.

More travel insurance reviews

CHI Travel Insurance Review 

Learn more about CHI’s travel insurance to find out about their coverage and fees and compare them with other insurers …

RACT Travel Insurance Review 

Read Savvy’s review of RACT’s travel insurance offers to find out about their overseas coverage and fees and compare them …

CFMEU Travel Insurance Review

Learn more about CFMEU’s travel insurance policies to find out about their coverage and fees and compare them with other …

Real Insurance Travel Insurance Review

Learn more about Real Insurance’s travel policies to find out about their coverage and fees and compare them with other …

Australian Unity Travel Insurance Review

Learn more about Australian Unity’s travel insurance policies to find out about their coverage and fees and compare them with …

COTA Travel Insurance Review

Learn more about COTA’s travel insurance policies to find out about their coverage and fees and compare them with other …

Helpful travel insurance guides

Travel Insurance Banner - Young couple smiling in a meeting with a travel insurance broker.

Travel Insurance Broker

Find out how a broker may be able to help you and compare travel insurance options with Savvy. Compare Travel...

Travel Insurance Banner - Group of women smiling and enjoying drinks on a cruise.

Compare Cruise Travel Insurance

Setting sail on your next holiday? Compare cruise travel insurance with Savvy.  Compare Travel Insurance Quotes in 30 Seconds Get...

Travel Insurance Banner - Man looking on his computer at travel insurance.

How Much Is Travel Insurance?

Wondering how much your travel insurance might cost? Compare with Savvy and find out today. Compare Travel Insurance Quotes in...

Travel Insurance Banner - Group of young friends smiling on a ski lift overlooking the snow.

Optional Cover Travel Insurance

Explore the many optional extras travel insurance offers by comparing with Savvy. Compare Travel Insurance Quotes in 30 Seconds Get...

Travel Insurance Banner - Couple holding hands at the airport looking out over the runway.

Why Do I Need Travel Insurance?

Asking yourself why you need travel insurance for your holiday? Compare with Savvy and understand the benefits. Compare Travel Insurance...

Travel Insurance Banner - Father pointing out the window at the airport with his son.

What is Travel Insurance?

Compare with Savvy and find out more about what travel insurance is today. Compare Travel Insurance Quotes in 30 Seconds...