Travel insurance is a type of insurance policy that provides coverage for a range of risks and unexpected events that may occur before and during your trip. It is designed to help protect you financially in case of an emergency or unforeseen event, such as illness, accidents, travel interruptions, or lost luggage. In this blog post, we will explore what travel insurance covers and why it is essential to have when travelling.
Emergency overseas medical costs
One of the most important features of travel insurance is overseas emergency medical coverage. If you get sick or injured while travelling, your travel insurance could help cover the cost of medical treatment, hospitalisation, and emergency transportation. It can also provide coverage for the cost of prescription medications, emergency medical evacuation, and repatriation. Medical coverage is particularly important when travelling to countries where healthcare costs are high.
Trip cancellation, interruption or delay
Another significant feature of travel insurance is trip cancellation or interruption coverage. If you have to cancel or interrupt your trip due to unforeseen events such as illness, injury, or due to the unexpected death of a family member, your travel insurance can help reimburse you for the cost of your non-refundable trip expenses such as airfare, hotel bookings, and tour packages.
Baggage and personal belongings coverage
Lost, damaged, or stolen luggage can ruin your trip, but travel insurance can help cover the cost of replacing these items. Cover over your personal belongings is designed to limit the loss you suffer if there is damage to, or theft of, your luggage.
Emergency Assistance
Travel insurance can also provide you with 24-hour emergency assistance services while you are travelling. These services can include emergency medical referrals, legal referrals, and help with travel arrangements in case of an emergency. This can be particularly helpful if you are travelling to a foreign country where you do not speak the language or are not familiar with the local customs.
Ensure you are covered from unexpected events with travel insurance
Travel Insurance can help protect you from a range of unexpected events that may occur while you are travelling. From overseas medical emergencies and trip cancellations to lost luggage, travel insurance can provide the financial protection that gives you some peace of mind. So, if you are planning a trip, make sure to consider including travel insurance in your travel plans to ensure that you are covered in case of any unexpected events.
Disclaimer Qantas Travel Insurance is issued by AIG Australia Limited ABN 93 004 727 753, AFSL 381686 (“AIG”). Qantas Airways Limited is AIG’s authorised representative (AR 261363). This is general advice only and your objectives, financial situation or needs have not been taken into account. You should consider whether the advice is suitable for you and your personal circumstances. Before making any decision to buy the travel insurance, you should read the Product Disclosure Statement (PDS), Target Market Determination (TMD) and Financial Services Guide (FSG). All cover is subject to terms and conditions as detailed in the PDS.
