Making that extra effort to go on holiday over the festive period is one option which many Australians choose to take. If you've identified the fact that you're going to need appropriate travel insurance to cover the entirety – or a specific leg – of your trip, then finding the right cover can seem daunting at first.
Research by IBISWorld shows that the travel insurance industry in Australia is worth somewhere in the region of $773 million. Figures such as those show how competitive the sector is, so considering your needs and what each insurer can offer you is key before you take out a policy.
There are certain pitfalls that you can easily circumnavigate if you're travelling to enjoy the festivities in or out of the country and want to make sure that your insurance has you covered.
Consult the experts
It may seem like an attractive prospect to let your travel agent or airline take care of your insurance for you. However, in doing this, you may end up paying too much.
Choosing this option may seem easy, but going with it and getting the wrong policy is likely to set you back if you need to make a claim further down the line.
Finding the best deal and level of coverage can be made a lot easier if you seek out a knowledgeable broker whose expert advice is likely to point you in the right direction.
Factor in the length of your trip
If you're planning an extended holiday, finding a policy that can cover you as such should be your priority.
Furthermore, if you're feeling particularly adventurous and are likely to undertake more trips in the coming months, a policy which covers you for multiple excursions should also be high on your list of considerations.
Know your level of cover
Working out which level of cover you will require is key in finding that perfect travel insurance policy.
Whether you want an agreement which is similar to your health insurance in providing medical cover, or you're after a comprehensive policy for added peace of mind, there can be big differences in what each individual insurer can offer you.
Finding the right travel insurance doesn't have to be a laborious process. Talking through your list of considerations and requirements with the experts can help you find the right policy sooner rather than later. To do just that, give HICA a call on 1300 44 22 01.