For accidents while travelling
For loss of non-refundable deposits if you have to cancel your trip prior to departure
Incase your suitcase decides to take it’s own holiday
No matter how much or how well you plan, the unexpected can happen before or during your overseas holiday. Flight cancellations, illness and lost luggage could happen to any of us and have the potential to be very costly.
Travel Insurance offers you a level of protection against certain circumstances. But how do you choose the right policy? We’ve put together some tips for you.
Your destination will dictate the type of cover required. If you’re travelling to countries where health costs are high, you may want to consider purchasing a policy that has unlimited~ medical cover. In countries that have a reciprocal agreement with Medicare, you will be entitled to benefits similar to Medicare for necessary medical and public hospital treatment.
All policies have restrictions for pre-existing medical conditions. Where asked, you must inform the insurer of any pre-existing medical conditions before you buy your insurance. Failing to do so may result in your entire insurance policy (not just your medical cover) being cancelled or claims refused.
Many policies provide some cover for luggage. Be sure to read the policy to understand exactly what you are covered for. Most policies don’t cover you if you leave your baggage unattended in a public place and it’s stolen. You can insure specified valuables such as cameras and laptops up to a defined per-item limit.
Holidays should be a time to relax and enjoy your destination to the fullest. The last thing you want or expect is losing your belongings or getting sick. But if they do happen, with Travel insurance you and your personal property can be covered against the unexpected.
This cover includes the loss of non-refundable deposits and costs paid in advance if you have to cancel your trip. The policy limits vary and you should choose what’s relevant for you.
Cover for cancellation and additional expenses if you have to cut your journey short due a close relative’s illness or death is also included in most policies.
All policies differ on the excess you need to pay, however most are between $50 to $250. Some include an excess free period for overseas travel up to 32 days. You may be able to opt for an excess buyout which allows you to pay a flat fee at the time you buy your policy.
When travelling you may be tempted to be adventurous and try some challenging sports. Be sure that your insurance covers the activities you anticipate doing. Some insurers provide free cover for most amateur sports like snow skiing, ice sports, hot air ballooning, scuba diving, bungee jumping and white water rafting.
Terms & Conditions
*Terms, conditions, limits and exclusions apply. Sub-limits apply to particular kinds of losses or claims. You do not have cover under certain sections while travelling in Australia. Please refer to the Product Disclosure Statement for full details.
~ Where used, the term `Unlimited’ only means there is no capped dollar sum insured. Terms, conditions, limits and exclusions apply as set out in the PDS. Sub-limits apply to particular kinds of losses or claims. All costs and expenses claimed must be reasonable. We will only pay for treatment received and/or hospital accommodation during the 12 month period after the sickness first showed itself or the injury happened. You do not have cover under certain sections while travelling in Australia. Please refer to the Product Disclosure Statement for full details. In particular, please read the Pre-existing Medical Conditions section.
Travel insurance is arranged by Border Bank, a division of Police Bank Ltd ABN 95 087 650 799 AFSL 240018 (Police Bank). This insurance is issued and managed by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 trading as Allianz Global Assistance for the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Border Bank does not guarantee the insurance. Terms, conditions, limits and exclusions apply. Allianz and/or Allianz Global Assistance do not provide any advice on this insurance based on any consideration of your objectives, financial situation or needs. Where any advice is provided by Border Bank or its representatives, it is provided on behalf of Border Bank and not on behalf of the insurer Allianz or its agent Allianz Global Assistance. Allianz and/or Allianz Global Assistance are not responsible for any such advice. Before making a decision please consider the Product Disclosure Statement. If you purchase a policy, we receive a commission which is a percentage of your premium. Ask us for more details before we provide you with any services on this product.
Schedule of Fees and Charges (PDF)
