Some travel insurance policies provide cover for international travel, that is, travelling from Australia to an overseas destination, and outline cover for cancellation or holiday deferment costs. Travel plans may provide a default cancellation limit, with some limits higher than others – also, on some travel plans there may be an option to increase the limit for cancellation or holiday deferment costs.
If you’ve outlaid funds on prepaid travel arrangements, such as flights, accommodation, and event tickets, it may be wise to consider a travel insurance policy and travel plan which outlines a Cancellation or Holiday Deferment limit.
Why consider travel insurance for your holiday?
Travel insurance may provide cover for your holiday depending on the details of your trip and your travel plans. If you are going on a cruise for instance, you may want to consider a plan with a Cancellation or Holiday Deferment cost limit, which may extend coverage for a number of events related to the potential cancellation of your holiday^.
Overseas medical, and medical evacuation and repatriation are factors to consider when looking at different travel insurance policies online. On the Travel Insurance Saver website, the international travel plans that display may include cover for overseas medical expenses, as well as cover for Cancellation and Holiday Deferment Costs^, depending on your trip details.
Since the Covid-19 pandemic, some cruise liners require that travellers have a travel insurance policy which provides cruise cover for overseas medical, medical evacuation and repatriation, and more.
Before going on your next cruise, check with your pre-paid travel provider if a valid travel insurance policy may be required to travel on board the cruise ship.
^ 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) prior to choosing a travel insurance policy.