Australians are reminded about importance of travel insurance
Up to 1.6 million travelling Australians abroad have no travel insurance.
With the festive season just around the corner, Australians are reminded about the importance of travel insurance.
Recent statistics show that up to 1.6 million Australians who travel abroad each year do not take out any form of travel insurance.
An alarming 30% of people never – or seldom – remember to take out insurance before they leave Australia for their trip abroad, according to a survey commissioned by lastminute.com.au travel website.
Nearly 5.5 million Australians visited overseas last year, with many of them booking their trips over the internet instead of using the traditional travel agent to do the work for them.
While travel agents are obliged to offer travel insurance, online sites may not and many travellers simply forget to take out cover for their trips abroad.
“In the past, people were buying insurance through their travel agent when they booked. Now more people are booking online, insurance has become all too easy to forget,” said the head of research for a market analyst group.
The government and insurance industry cannot stress enough the importance of sufficient cover when travelling overseas.
“You need insurance before travelling, medical cover in particular. It is a must-have for overseas,” said the analyst. “We have a public health care system which will look after you in an emergency. Other parts of the world are not so fortunate. In the US, in particular, medical costs are quite high.”
As many as 25,000 Australians find themselves in difficulty each year, with 1200 of them admitted to hospital. Without the right travel insurance and sufficient cover, many of these patients could find themselves facing astronomical medical bills.
Travellers are thus advised to remember to pack their travel insurance next time they plan for a trip.