There are a lot of factors to consider when determining if you need travel insurance.
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When you’re planning a trip, especially an international oneyou may only want to worry about packing your passport, sunblock and other essentials – but you may be missing something vital: travel insurance.
While trip cancellation coverage may be the main reason many travelers get insurance, there are other perks, like travel medical benefits, that can come with a comprehensive plan. Emergency medical and medical evacuation coverage, in particular, can potentially save you thousands.
To learn more about affordable travel insurance options,
Financial comparison site Mozo has released its Travel Insurance Report for 2024, revealing Aussies could find cover for up to $167 cheaper than the average cost, by shopping around for a better deal.
“If you’re back at work and already planning your next holiday, you’re probably not thinking about travel insurance, but you should be,” warns Rachel Wastell, finance expert at Mozo.
“Choosing the right coverage isn’t the most thrilling part of planning a holiday, but Aussies could be leaving money on the table if they don’t shop around for the best deal.”
While it is not a requirement, travel insurance is becoming a necessity, according to US News & World Report, which noted the costs of a policy are based on several factors, including the age of those taking the trip and the total cost of the journey .
While consumers are considering traveling and policies to cover those trips that are returning, InsuranceQuotes.com anticipates the development of COVID-specific travel coverages. However, it will be critical to discuss these coverages and their exclusions with clients.
For example, if the destination that you’re traveling to is requiring you to quarantine for a period
Following the recent UK Government announcement that quarantine-free travel is to resume on 19th July 2021 for fully vaccinated passengers returning from amber list countries, we wish to refer you to our previous bulletin, issued on 20th May 2021, and the guidance contained within.
While the government has adapted the rules, including removing the recommendation for people not to travel to amber countries, and changing arrival rules into the UK based on vaccination status, Millstream policies continue to provide cover where an Insured Person is not traveling against FCDO advice.
