Travel can be exhilarating but also scary at times. When you’re travelling during the festive season this year, safety should be the ultimate priority for you and your family.
For us, safety also comes first. Even if you think you’re travelling for a short distance, it’s important to have travel insurance to cover you for financial losses caused by a wide range of events that may affect your trip.
Many people believe that it’s not necessary to have travel insurance when travelling domestically. However, it is always important to be adequately covered wherever you intend to travel. Even though most risks are often associated when travelling overseas, our brokers can also arrange your insurance package to help protect you and your family when travelling within Australia.
According to DFAT’s, Survey of Australians’ Travel Insurance Behaviour, 31% of Australians have travelled overseas in the past three years without travel insurance. 24% of all travellers also had experienced a loss on their most recent overseas trip but were thankfully protected by their travel insurance policy.
Travel insurance can also provide cover in the case of a range of unforeseen events including medical emergencies, flight cancellations, emergency accommodation and vehicle accidents. Without travel insurance, disruptions to your trip can cost you a fortune. In most cases, you’ll lose the money you’ve already paid and then will need to pay for new flight bookings.
If your luggage is stolen, lost or damaged when travelling, there’s a risk of you not being able to retrieve these items again. If you’re not equipped with travel insurance, you’ll need to replace these lost items which will incur unnecessary costs.
Travel insurance is extremely important to provide you with peace of mind when travelling. When you know you’re protected against risks that may potentially occur while, this helps to safeguard you financially.
A comprehensive travel insurance policy provides*:
- Emergency medical cover
Expensive medical costs incurred covering staff and family members for medical and evacuation costs should they become seriously ill or injured during a business or family trip.
- Flight cancellations and missed connections
The costs of having to book additional flights and accommodation.
- Death and disability cover
Offers protection to your valued staff or family member should they become disabled or pass away while travelling.
- Rental car excess
The excesses of a damaged or stolen rental vehicle.
- Personal liability cover
Property damages you may have caused or been responsible for, or bodily damage due to your negligence.
- Luggage cover
Avoids the expense of replacing equipment such as laptops as well as lost or stolen belongings.
*Please note all insurance policies have exclusions. Please refer to the Product Disclosure Statement or Policy Wording before deciding whether the insurance policy meets your needs.
Travel insurance is essential from the very moment you plan your travel arrangements. With that, if you happen to sustain an injury and accidentally fracture your leg, this may stop you from going on your dream holiday as you’re no longer fit to travel. However, with travel insurance in place, you may be able to claim for your unused pre-paid travel arrangement at no extra cost.
Our brokers have the professional expertise to guide you through the available options on travel insurance and assist you in finding the best solution to prepare you for scenarios like these.
Travel is always unpredictable. Whether you are in an unfamiliar country or in Australia, having travel insurance could deliver you greater peace of mind and allow you to recoup your losses against any unforeseen eventualities. With the help of your broker, we can choose the most appropriate travel insurance solution for your business or personal needs.
Are you covered for your upcoming holiday? Contact the team today at East West on 1800 809 132 or drop us an email at email@example.com