While spending Christmas in the Australian summer sun is a fantastic experience, many of us are planning to go overseas and see what the festive season holds abroad. The extra time off gives individuals and families a chance to relax and recuperate before the new year begins.
Travelling for pleasure rather than business has become much more common in Australia and the wider Asia-Pacific region, and in a rather short space of time. According to a recent study by Visa, 84 per cent of us have travelled for leisure in the past two years – a figure which stood at 77 per cent in 2013.
With more of us jetting off than ever before, take a look at some simple but important considerations you may need to make beforehand around travel insurance.
The average expenditure on people's last trip was $2,841, while they're budgeting $4,850 for their next one.
1) Set a budget
Just as travel intentions have risen in Asia Pacific, so has the amount of money people intend to spend on their vacations. According to Visa's study, the average expenditure on people's last trip was $2,841, while they're budgeting $4,850 for their next holiday.
It really puts into perspective how savvy a saving travel insurance can be. Insuring yourself and/or your family from illness, injury, delays, cancellations and much more can be as little as $2.45 per day. Then, by comparing travel insurers, you can save up to 30 per cent on what you otherwise might have spent.
2) Choose your activities early
If you intend to get involved in any sporting or extreme activities on your holiday, you'll want to be covered for any particular injuries or accidents that may happen. Visa's research shows that 7 per cent of people will engage in some form of sporting event on their next holiday, while 8 per cent will seek an adrenaline rush by taking up some form of extreme sport.
3) Know your destination
Some countries are inherently more dangerous than others. The top destinations for Australian travellers are the United States, Great Britain, New Zealand, Argentina and Canada, countries you may not consider to be inherently dangerous, though they hold their own dangers.
We're sure you've done your research on the tourist attractions of each country, but also take a look at the riskier areas, so you know which to avoid to keep safe abroad – and limit the chances of having to make a travel insurance claim in the first place.
To go through your travel insurance needs, contact HICA on 1300 44 22 01. We can help you plan and save money before the Christmas break.