How To Find the Best Travel Insurance For You – Forbes Advisor Australia

No one ever expects their dream holiday to go wrong, but if it does, travel insurance can make the experience much less stressful and expensive than it would have been. It can also help ensure that life-saving medical treatment can be accessed, and provide you with the necessary stop-gap funds to get your holiday back on track. While travel insurance can help guard against bad luck on the road, it will not cover sheer foolishness or any intentional harm you cause. 

Generally speaking, there are three tiers of travel insurance coverage:

• Domestic travel insurance for travel around Australia.
• Basic international travel insurance, which usually only includes medical cover.
• Comprehensive international travel insurance which includes medical, cancellations, luggage and other aspects

According to statistics, things do frequently go wrong for Aussies overseas. One in four experienced an insurable event on their last overseas trip, according to a survey by Smartraveller, a travel advice website by the Department of Foreign Affairs and Trade. 

Falling ill and needing to be flown home can result in a bill that sets yourself or your family back hundreds of thousands of dollars. That is why, for many people, the peace of mind of a travel insurance policy allows them to relax and enjoy their holiday — no matter what occurs.

Is Travel Insurance Really Necessary?

Many travellers regard travel insurance as necessary as their passport and wouldn’t leave home…