In the run up to Christmas, ensuring everything is in place if you are planning a trip out of the country can leave with you a long checklist of criteria to meet. Travel insurance can often slip the mind, despite being crucial if you run into any difficulties while you are away.
In a bid to make it easier for Australians to choose their travel insurance policies, Julie Bishop – Minister for Foreign Affairs – has announced the CHOICE initiative to help Australians better understand travel insurance and all of the nuances that may trip them up further down the line.
Government will not meet expenses
According to statistics from Understand Insurance and Quantum, one in five Australians who travelled abroad over the last two years did so without any kind of cover. If you are in that minority, the dangers and risks you could face will likely exceed anything you may think you are gaining by not taking out a travel insurance policy.
The government has stated that if a person requires hospital treatment abroad, they simply will not be able to cover the costs of any treatment.
Travellers who plan to partake in particularly adventurous activities and those who have preexisting medical conditions are the ones who are most at risk from unexpected bills if they do not gain adequate cover before their trips.
Whilst the new government initiative will provide a host of useful tips and advice – particularly ahead of the busy Christmas holiday and cruise seasons – it is still down to consumers to ensure their level of cover is more than adequate.
Cause for consumer concern
Despite the new scheme being seen as a positive step in raising awareness of the issues surrounding travel insurance, it is by no means the perfect solution. According to research by Insurance Australia Group, services which provide tips and insurance advice autonomously are not as useful as more personal and tailored options.
Travel insurance can be a complex multi-faceted product and seemingly identical policies can have significant differences – like extras and exclusions – that most consumers would miss even if they studied the fine print.
Considering an insurance broker can take the stress out of getting the right policy, and offer clarity in an industry where it is often lacking. HICA – experts in travel and health insurance– has the experience and expertise to offer any traveller a policy which meets the requirements for their upcoming trips.
Why not use our online resources to compare policies, or better yet, give HICA a call on 1300 44 22 01 to find the travel insurance policy that is right for you.