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Travel Insurance with Cancellation Cover
Travel insurance with cancellation cover
The travel insurance products from Travel Insurance Saver include cover for cancellation fees, holiday curtailment, and lost deposits, for Australian travellers going overseas or travelling domestically.
There is also travel delay cover available if your prepaid publicly available scheduled transport is delayed for 6 hours and then for every 24 hours your scheduled public transport is delayed thereafter.
So, if you are looking for travel insurance with cancellation cover, read on to learn about the different benefits of cancellation cover from Travel Insurance Saver, or get a quote.
Heading overseas and need cancellation cover?
Are you an Australian traveller going overseas who has purchased prepaid travel arrangements, such as public transportation, like publicly available flights, cruises and trains, and accommodation, and is looking to get travel insurance cancellation cover?
For instance, if you purchase a valid travel insurance policy from Travel Insurance Saver, and depending on your trip details, you may be covered for cancellation fees, holiday curtailment and lost deposits.
If you are suddenly sick or injured before your trip and you are no longer fit to travel, there may be cover under cancellation fees, holiday curtailment and lost deposits cover, up to the applicable cancellation limit selected on your policy. There may also be cover for cancellation of publicly available prepaid scheduled transport such as flights and cruises if your prepaid publicly available transport is cancelled due to a reason beyond your control.
Coverage for Cancellation Fees, Lost Deposits, and Holiday Curtailment:
- Cancellation Fees: Cancellation travel insurance can reimburse you for non-refundable costs like flights, accommodation, and tours if you must cancel your trip for covered reasons. These typically include unforeseen events like illness, injury, or a death in the family, providing financial protection for your travel investment.
- Lost Deposits: If your travel supplier goes bankrupt or ceases operations, your non-refundable deposits are protected by travel insurance. This coverage ensures you're not left out of pocket due to circumstances beyond your control.
- Holiday Curtailment: If your trip is unexpectedly cut short due to covered events like natural disasters, medical emergencies, or other unforeseen circumstances, this benefit can compensate you for the unused portion of your trip, including accommodation and pre-paid activities.
- Exclusions for Cancellation Fees, Lost Deposits, and Holiday Curtailment:
- Pre-existing Medical Conditions: Cancellation coverage often excludes claims related to pre-existing medical conditions unless you have a specific waiver. It's crucial to disclose any existing conditions when purchasing insurance to ensure you have adequate coverage.
- Change of Mind or Disinclination to Travel: Travel insurance won't cover you if you simply change your mind or decide you no longer want to travel. This emphasizes the importance of being certain about your travel plans before purchasing insurance.
- Financial Hardship or Bankruptcy: Financial difficulties are generally not covered reasons for trip cancellation. It's essential to have a solid financial plan for your trip before relying on insurance for cancellations.
- Self-Inflicted Injuries or Suicide Attempts: Travel insurance policies typically exclude coverage for any intentional harm caused to oneself, including self-inflicted injuries or suicide attempts.
- Travel Warnings or Advisories Issued by the Government: If the government issues a travel warning or advisory for your destination, your insurance may not cover cancellations related to those warnings. It's crucial to stay informed about travel advisories before your trip.
- War, Terrorism, or Civil Unrest: Events like war, terrorism, and civil unrest are typically excluded from standard travel insurance policies. You may need to purchase specialised coverage for these risks.
- Nuclear Accidents or Radiation: Travel insurance rarely covers events like nuclear accidents or radiation exposure, as these are considered high-risk and unpredictable events.
- Illegal Activities or Participation in High-Risk Sports: Engaging in illegal activities or participating in high-risk sports without proper coverage can void your insurance policy and lead to claim denials.
To know more about what is and is not covered, please make sure you have read the product disclosure statement available from us, and read our cancellation fees, holiday curtailment, and lost deposits page.
Looking for travel insurance with cancellation coverage?
Compare our policies online, read the PDS, and get a quote today. Need help? Contact us to discuss your options.
Remember: This is only a summary of the benefits. For complete details, including terms, conditions, limitations, and exclusions, please refer to the full policy wording and product disclosure statement.
Cancellation travel insurance and more:
What is Cancellation Travel Insurance?
Cancellation travel insurance is a financial safety net for your trip in case of an unforeseen insured event occurring. You may be covered up to your chosen cancellation cover limit for non-refundable expenses like flights, accommodation, and tours if you need to cancel your trip due to unforeseen circumstances covered by the policy. This safeguards your travel investment and offers peace of mind. For Australians who usually have broad distances to travel when going overseas, cancellation cover for prepaid travel arrangements may be a consideration.
Why is cancellation travel insurance an important travel consideration? Unforeseen trip cancellations or travel delays can happen to anyone, leaving you with unexpected financial losses. Travel insurance with cancellation cover can protect you from such losses, providing travel insurance cover for prepaid travel arrangement costs like flights and other public transport, accommodation, and pre-paid activities like cruises and tours.
Australian travellers have a long way to go to reach the rest of the world as Australia is a remote continent. When paying for prepaid travel arrangements like flights and accommodation, Australian travellers may consider travel insurance to protect from unexpected losses and events.
What does cancellation travel insurance cover?
Cancellation travel insurance may cover trip cancellation or curtailment due to various unforeseen events like illness, injury, or death (yours or a close contact's), pregnancy complications, jury duty, emergency service duties, redundancy, property damage, government regulations, natural disasters, and "do not travel" warnings.
Before departure, you can claim irrecoverable costs or those for alternative travel. After departure, it covers extra travel and accommodation expenses, refunds for unused bookings, and the original value of unused airfares (excluding return flights).
What is NOT Covered by Cancellation Travel Insurance?
While cancellation travel insurance may provide cover for a number of unforeseen events, there are also a number of exclusions. This includes any general exclusions like war or pre-existing conditions, the excess payment, and claims related to epidemics or pandemics. You also won't be covered for expenses you would have incurred anyway, cancellations due to pregnancy under certain circumstances, or issues you knew about when booking. Costs for visas, inoculations, transport delays, and changing your mind are also not included. Remember, this is just a summary, and it's crucial to read the full policy wording for complete details.
How Much Does Cancellation Travel Insurance Cost?
The cost of cancellation travel insurance varies depending on factors like your destination, trip duration, age, and coverage level. Generally, policies with higher coverage limits and fewer exclusions cost more. However, the peace of mind and financial protection it may provide are invaluable. For Australian travellers, comparing quotes from different insurers can help you find the best coverage at a competitive price.
How to Choose the Best Cancellation Travel Insurance Policy
Choosing the right cancellation travel insurance policy involves considering your individual needs and travel plans. Assess factors like destination, trip duration, activities, and any pre-existing medical conditions. Compare quotes and coverage from different insurers, paying close attention to exclusions and limits. For Australians, choosing a reputable insurer with a strong track record of customer service and claims handling is essential.
Tips for Filing a Cancellation Travel Insurance Claim
To ensure a smooth claims process, notify your insurer as soon as possible after the event causing cancellation. Provide all necessary documentation, including medical certificates, travel itineraries, and proof of expenses. Keep all receipts and correspondence related to your claim. For Australians, seeking assistance from your travel agent or insurer's customer service team can help you navigate the claims process effectively.
Travel Insurance for Business Trips
Business travel insurance often includes cancellation coverage tailored to the specific needs of business travellers. This may include coverage for missed meetings, lost business opportunities, and damaged or stolen equipment. For Australian professionals travelling overseas, business travel insurance can safeguard their business interests and ensure a smooth trip.
Travel Insurance for International Trips
International travel insurance is essential for Australians venturing overseas. It offers comprehensive coverage for medical emergencies, trip cancellations, lost baggage, and other unforeseen events. With the high costs associated with international travel, having adequate insurance coverage is crucial for a worry-free experience.
Travel Insurance for Domestic Trips
Even for domestic trips within Australia, travel insurance can be beneficial. It can cover cancellations due to illness, natural disasters, or other unforeseen circumstances. Additionally, it may offer coverage for lost or stolen baggage, rental car excess, and personal liability. For Australians exploring their own backyard, domestic travel insurance may provide an extra layer of protection and peace of mind.
Remember: This information is based on the provided document and may not be exhaustive. It is essential to read the Product Disclosure Statement (PDS) carefully before purchasing any travel insurance policy to fully understand the coverage, terms, conditions, limitations, and exclusions.
Get an online quote for travel insurance with cancellation cover today!
If you're searching online for travel insurance with cancellation coverage, Travel Insurance Saver is here to help. Once you've compared our online travel insurance options and benefits, and read the terms and conditions of the Product Disclosure Statement, you may be ready to choose a policy that protects your trip from unforeseen cancellations. If you need to speak to us about cancellation coverage for an upcoming trip, you can contact our team to discuss. If you're ready to continue and start looking at travel insurance options with cancellation benefits, you can click here to get a quote.
Cover is subject to the policy terms, conditions, limitations, and exclusions set out in the current Combined Financial Services Guide and Product Disclosure Statement (PDS). Read the (PDS) before choosing an online travel insurance policy.
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