Best Travel Insurance Companies of Australia

Making sure that travel goes smoothly and securely is essential while taking interesting trips and discovering the world’s treasures. Travel insurance provides travelers with financial security and peace of mind in the case of unforeseen circumstances, making it an essential companion.

Many travel insurance providers in Australia aim to offer comprehensive coverage that meets the various demands of tourists. These businesses know how important it is to protect their clients from unanticipated events like medical crises, cancelled vacations, or misplaced luggage.

Some of Australia’s top travel insurance providers have emerged in this changing market, set apart by their dedication to dependability, openness, and client pleasure. Let’s examine the leading travel insurance companies that are distinguished by their outstanding offerings and unwavering dedication to enabling Australians to confidently travel the globe.

1. Travel Insurance

A financial product called travel insurance protects tourists from unplanned delays. It offers help services, travel cancellation insurance, lost luggage coverage, and medical emergency coverage. Features include medical coverage, compensation for lost baggage, refund for canceled trips, and covering for travel delays.

Additional flexibility is provided by optional features like “Cancel for Any Reason”. Selecting the appropriate policy entails taking individual requirements and activities into account, carefully reading the policy terms, and taking trip specifics into account.

1.1 Need for Travel Insurance

In Australia, having travel insurance is crucial for reducing the financial risk of unplanned incidents when traveling. It offers protection against unexpected medical costs, trip delays, lost or damaged luggage, and trip cancellations.

Given many expenses and interruptions that may occur when traveling, having travel insurance is essential for ensuring financial security and peace of mind. It provides Australians traveling the world with a safety net, enabling them to face uncertainty with assurance and security.

2. Best Travel Insurance Companies in Australia According to Our Research

We researched through the top companies to identify our selection of the finest comprehensive travel insurance carriers for Australians planning international travel in 2024 and beyond, helping them choose the ideal solution for their needs.

1. Travel Insurance Direct
2. Allianz
3. Bupa Domestic
4. Qantas Domestic Travel Insurance
5. InsureandGo
6. Insure4less
7. Cover-More Travel Insurance
8. 1Cover
9. Fast Cover
10. Qantas Travel Insurance
    
    

3. Travel Insurance Direct – Australia

3.1 Why Its Highly Recommended – Travel Insurance Direct Australia

Travel Insurance Direct provides extremely comprehensive Covid-19 coverage, including both medical expenditures and trip cancellations, in contrast to other insurance. Despite the World Health Organization’s declaration that the pandemic is finished, Covid continues to disrupt our travel plans. In addition, an automated coverage of about forty-three medical problems is provided; other illnesses are not taken into account.

With the option for travelers to buy additional coverage for certain higher-risk activities, including winter sports, the insurance truly shines in its coverage of 93 different activities. In addition, the insurance has received over 2,500 evaluations on Product Review, with an average rating of 4.2 stars.

3.2 Pros & Cons – Travel Insurance Direct Australia

Pros	Cons
Ninety-three sports and activities are included automatically.	Discounts on the internet are only offered for group or multiple plans.
Up to $12,000 in coverage for misplaced baggage, with the option to raise item limitations	Not covered are some pre-existing medical issues

3.3 Company Overview – Travel Insurance Direct Australia

Since 2005, their travel insurance covers Australian travelers to over 100 countries, offering medical, evacuation, 24-hour emergency assistance, and coverage for various activities and scenarios. With an experienced team, they are the fastest growing travel insurance company in Australia.

3.4 Products & Services – Travel Insurance Direct Australia

They offer four plans with varying policy benefits. However, they don’t cover everything, so read the Product Disclosure Statement to choose the best cover. Comprehensive coverage includes international and annual multi trip plans, but not all benefits are available. Main plans include,

1. Annual Multi Trip
2. Domestic travel
3. Budget
4. Comprehensive
5. Group Travel

Coverages includes,

1. Medical Expenses Overseas
2. Additional Expenses / Medical Evacuation
3. Cancellation Costs
4. Personal Liability
5. Luggage & Personal Effects
6. Rental Vehicle Insurance Excess
7. Loss of Income
8. Out of Pocket Expenses
9. Travel Delay
10. Special Events
11. Accidental Death
12. Total Permanent Disability
13. Snow Sports Cover Option

3.5 Contact Details – Travel Insurance Direct Australia

You can contact company through,

Contact Number	+61 2 8256 1537
Address	1 Farrer Place Level 18 Governor Macquarie Tower, Sydney NSW 2000, Australia
Email	info@tid.com.au
Official Website	https://www.travelinsurancedirect.com.au/

4. Allianz – Australia

4.1 Why Its Highly Recommended – Allianz Australia

Unlike many of its rivals, Allianz’s comprehensive medical policy offers unlimited coverage for both hospital and dental care. Pre-existing medical issues are also covered by the top-tier coverage, however requirements must be fulfilled and examinations are necessary. The PDS lists and includes about 38 activities, and coverage is age-neutral.

Depending on the demands of each traveler, there is also the opportunity to enhance certain restrictions (luggage, cancellations, etc.) for higher levels of coverage.

4.2 Pros & Cons – Allianz Australia

Pros	Cons
It covers all age groups.	Additional activity packs, including snow packs, are not covered by personal liability insurance
Dental care is covered under limitless medical costs.	No insurance against lost connections

4.3 Company Overview – Allianz Australia

Allianz is a German multinational financial services company headquartered in Munich, focusing on insurance and asset management. As the world’s largest insurance company and Europe’s largest financial services company, it is part of the Euro Stoxx 50 stock market index. Its asset management division has €2,432 billion of assets under management.

Industry	Financial services
Founded	5 February 1890; 133 years ago
Founders	Carl von Thieme
Headquarters	Munich, Germany
Area served	Worldwide
Products	Insurance, asset management

4.4 Products & Services – Allianz Australia

Allianz travel insurance plans incudes,

Single-Trip	OneTrip Prime OneTrip Basic OneTrip Premier OneTrip Emergency Medical OneTrip Cancellation Plus
Annual/Multi Trips	AllTrips Basic AllTrips Premier AllTrips Executive AllTrips Prime
Rental Car	OneTrip Rental Car Protector

4.5 Contact Details – Allianz Australia

You can contact company through,

Contact Number	1-866-884-3556
Address	Allianz Global Assistance P.O. Box 71533 Richmond, VA 23255-1533
Email	customerservice@allianzassistance.com
Official Website	www.allianztravelinsurance.com

5. Bupa Domestic – Australia

5.1 Why Its Highly Recommended – Bupa Domestic Australia

Allianz underwrites Bupa’s travel insurance, and the two companies’ full travel insurance policies are nearly similar.

Bupa provides limitless medical, hospital, and dental coverage in addition to round-the-clock emergency support from Australian physicians and nurses. Similar to Allianz, $5,000 is covered for credit card fraud, and $10,000 is the maximum amount for missing luggage (sub-limits apply). It is noteworthy, nonetheless, that Bupa receives a slightly lower Product Review score than Allianz—an average of 3.9 stars as opposed to Allianz’s 4.

5.2 Pros & Cons – Bupa Domestic Australia

Pros	Cons
Bupa health insurance policyholders receive a 15% discount.	To ascertain if they will be covered, every pre-existing condition must be evaluated.
It covers all age groups.	Long wait times for claim payouts are reported in reviews.

5.3 Company Overview – Bupa Domestic Australia

Bupa Travel Insurance, underwritten by Allianz Australia Insurance Ltd, is similar to Allianz Comprehensive Travel Insurance. It is offered via Bupa Asia Pacific, part of the global Bupa Group. Bupa also provides health, car, home, pet, landlord, and valuables insurance. The policy has been rated 3.9 stars out of 5 by customers from 138 reviews on Australia’s independent consumer opinion site, ProductReview.

5.4 Products & Services – Bupa Domestic Australia

Bupa provides a comprehensive travel insurance policy for all Australians, with no age limits, except for pre-existing medical conditions. This is beneficial for senior travelers and families, as dependent children can be included up to 25 years old if they are not in full-time employment and will travel with the traveler.

 Bupa covers credit card fraud up to $5,000 and personal liability up to $5 million. It also includes travel delay cover for missed connections, with $250 per person allocation for delays over six hours and $250 for each additional 24-hour period after the initial six hours. The delay cover is limited to $2,000 for all travelers and $500 per person after the initial six-hour delay.

It provides two main options with sub options,

1. Traveling Overseas

Bupa offers range of plans which are,

1. Comprehensive
2. Essentials
3. Annual Multi-Trip

• Travelling within Australia

Domestic Plan

This Domestic plan provides cover for a single trip within Australia, including personal liability, luggage, and unexpected cancellations, with additional premiums for Snow, Cruise, and Adventure packs.

5.5 Contact Details – Bupa Domestic Australia

You can contact company through,

Contact Number	1300 992 694 (within Australia) +61 3 9487 6400 (outside Australia)
Address	Bupa Insurance Limited, England and Wales, 3956433, 1 Angel Court, London, EC2R 7HJ, Insurance
Email	servicechanges@bupa.com
Official Website	https://www.bupaglobal.com/en/travel-insurance

6. Qantas Domestic Travel Insurance – Australia

6.1 Why Its Highly Recommended – Qantas Domestic Travel Insurance Australia

Australians of all ages can purchase Qantas’ domestic travel insurance coverage, the Australian Comprehensive Travel Insurance policy. Up to $5,000 in cancellation protection is offered, and missed connections may be claimed under extra travel expenditures. Additionally, missing connections are covered up to $600, with $75 allotted for each six-hour delay.

There is no additional charge for cruise coverage under the insurance, and winter sports coverage is available as an add-on pack. Although there aren’t any online savings, Qantas frequent flyer members can purchase an insurance to gain points.

6.2 Pros & Cons – Qantas Domestic Travel Insurance Australia

Pros	Cons
No upper age restriction	Restricted coverage for travel delays
Qantas points can be redeemed for missed connections.	A few unfavorable client testimonials
	Absence of an adventure cover option

6.3 Company Overview – Qantas Domestic Travel Insurance Australia

Qantas offers comprehensive travel insurance for both flights and non-flights, covering health, car, and home, which Qantas Frequent Flyer members can earn points for. Despite being Australia’s most popular airline, its travel insurance policy has received only 1.1 stars from 25 customer reviews, indicating a lack of high-quality coverage. Despite dominating the market share with 60.8% of Australian travel, Qantas’s travel insurance policy needs to be improved.

6.4 Products & Services – Qantas Domestic Travel Insurance Australia

Qantas Comprehensive Travel Insurance is available to Australians aged up to 69, with a separate policy for those over 70. The policy covers accompanying children under 18, as long as they are with the traveler for the entire trip and listed on the insurance certificate.

However, fraudulent credit card activity is not covered. Qantas covers replacement credit cards, stolen or lost passports, and travel documents up to $2,000. Personal liability is covered up to $3 million. Qantas offers coverage for missed connections for special events up to $2,500 and travel delays over six hours, with a maximum of $250 per 24 hours.

Three main travel insurance policies includes,

1. International Comprehensive
2. Australian Comprehensive
3. Annual Multi Trip

Travel insurance covers includes,

International Travel	Emergency Medical Expenses Cancellation Costs Rental car excess Luggage & personal effects 24/7 Emergency Assistance
Domestic Travel	Cancellation Costs Trip Delay Rental car excess Luggage & personal effects
Annual Multi Trip	Emergency Medical Expenses Cancellation Costs Rental car excess Luggage & personal effects 24/7 Emergency Assistance

6.5 Contact Details – Qantas Domestic Travel Insurance Australia

You can contact company through,

Contact Number	13 49 60
Address	10 Bourke road Mascot NSW 2020 Australia
Email	help@qantaswellbeing.com
Official Website	https://insurance.qantas.com/travel-insurance

7. InsureandGo – Australia

7.1 Why Its Highly Recommended – InsureandGo Australia

With 90 activities covered and the ability to add extras like snow cover, InsureandGo is a great solution for families. The maximum age for a policyholder is 100 years old; however, if they are going on a cruise, the maximum age is 79. Children are covered up to the age of 18 if they are traveling with parents or grandparents.

There is unlimited cancelation coverage and up to $15,000 in reimbursement for misplaced luggage (sublimits apply).

Over 6,000 reviewers gave the company’s all-inclusive Gold option an average rating of four stars.

7.2 Pros & Cons – InsureandGo Australia

Pros	Cons
Consistent savings using promo codes on the Facebook page coverage for a century	No protection against credit card theft
	The maximum dental fee is $500.

7.3 Company Overview – InsureandGo Australia

Founded in 2000, InsureandGo Australia is a fully owned subsidiary of Europ Assistance. It provides Australians with three levels of travel insurance: basic, silver, and gold. Mitsui Sumitomo Insurance Company Limited underwrites all of the plans.

Australian travelers hold great appreciation for InsureandGo; it has received a score of 4.0 out of 5970 ratings on the reputable website ProductReview.

7.4 Products & Services – InsureandGo Australia

All Australians up to the ripe old age of 100 are eligible for the InsureandGo Comprehensive Travel Insurance coverage, and children up to the age of 18 are covered if they are traveling with parents or grandparents. Credit card replacement is covered by InsureandGo, however fraudulent credit card activity is not. Furthermore, there is excess coverage for automobile rentals up to $8,000 and personal liability coverage up to $5 million.

The InsureandGo Comprehensive Travel Insurance insurance offers limitless cancellation protection; however, it does not provide coverage for flights that are missed in route.

Travel Insurance	Single travel insurance Annual travel insurance Winter travel insurance Cruise travel insurance Activities travel insurance
Medical travel insurance	Asthma travel insurance Cancer travel insurance Diabetes travel insurance Epilepsy travel insurance Heart conditions travel insurance
Seniors travel insurance	Over 50s travel insurance   Over 60s travel insurance   Over 70s travel insurance   Over 75s travel insurance   Over 80s travel insurance

7.5 Contact Details – InsureandGo Australia

You can contact company through,

Contact Number	0800 072 6778
Address	Pyrmont, 1/19 Harris St, Sydney NSW 2009, Australia
Email	customer.services@insureandgo.com
Official Website	https://www.insureandgo.com/

8. Insure4less – Australia

8.1 Why Its Highly Recommended – Insure4less

Policyholders can add new high-risk sports to the list of activities that Insure4less covers (more than 120 are mentioned in PDS). The all-inclusive package, called Excel Plus, pays for Covid-19 medical costs as well as any extra costs needed, should you need to leave Australia early.

In addition, it provides coverage for connecting flights up to $1,000, lost luggage up to $5,000 (sublimits apply), cancellations up to $7,500 per person, and personal liability up to $7.5 million, the latter of which is the maximum amount often provided. Pre-existing medical condition coverage is contingent upon completing an online medical questionnaire.

8.2 Pros & Cons – Insure4less

Pros	Cons
The insurance covers over 100 activities, and you may choose to add extra coverage for other high-risk hobbies like snow cover for skiing and snowboarding.	No protection against credit card theft
Unrestricted health care	Only $5,000 was covered by luggage.

8.3 Company Overview – Insure4less

A company called Insure4less offers travel insurance and has been in the business for more than 40 years. According to the company website, insure4less has covered more than two million clients during that period and has paid out more than $40 million in claims.

Chase Underwriting Pty Ltd is responsible for underwriting all insure4less travel insurance plans. The Excel Plus Policy is its most extensive policy.

8.4 Products & Services – Insure4less

The Insure4less Excel Plus Policy is a comprehensive travel insurance policy for Australians aged 70 and above, including dependent children up to 21. It offers personal liability and car hire excess coverage, but not credit card fraud. The policy covers cancellation fees up to $7,500 per person, missed connecting flights up to $1,000, lost luggage, and medical coverage.

Main covers includes,

1. Single Trip
2. Annual Multi Trip

Four main policies are,

1. Excel plus
2. Excel
3. Essentials
4. Medical Only

Provide lots of coverages options are provided in respected plans.

8.5 Contact Details – Insure4less

You can contact company through,

Contact Number	+61 (0) 2 8256 1770
Address	Chase Underwriting Claims Department GPO Box 4276 Sydney, NSW 2001, Australia
Email	claims@csnet.com.au
Official Website	https://www.insure4less.com.au/

9. Cover-More Travel Insurance – Australia

9.1 Why Its Highly Recommended – Cover More Travel Insurance Australia

In addition to paying for Covid-19 medical costs abroad, Cover-More’s travel insurance also offers $2,500 for supplementary costs. As long as the dependent children are not employed full-time and are financially dependent, lost luggage is also covered up to $15,000, as are dependent children up to age 21.

Senior travelers must fulfill specific requirements, but they are eligible to travel under the Cover-More coverage up to the age of 99.

9.2 Pros & Cons – Cover More Travel Insurance Australia

Pros	Cons
For a single-child pregnancy, coverage for pregnancy is automatic.	Senior travelers must fulfill the requirements for admission.
$3k for flights that link	No savings available online

9.3 Company Overview – Cover More Travel Insurance Australia

With its headquarters located in Sydney, Australia, Cover-More Group is a global supplier of medical assistance and travel insurance. In April 2017, Zurich Insurance Group purchased the group. The company’s market share in Australia is greater than 40%.[1] The firm also holds dominant market positions in the USA, where Cover-More owns Travelex Insurance Services, Latin America, New Zealand, India, and Ireland. With over 18 million consumers, the worldwide organization employs over 2200 individuals. 22 nations—Australia, New Zealand, India, China, Malaysia, United Kingdom, USA, Canada, Brazil, and Argentina—are home to Cover-More’s activities.

Industry	Financial services
Founded	1986; 38 years ago
Headquarters	Sydney, Australia
Services	Travel insurance Medical assistance

9.4 Products & Services – Cover More Travel Insurance Australia

Travel insurance plans includes,

1. Single Trip
2. Annual – Multi Trip
3. Inbound

9.5 Contact Details – Cover More Travel Insurance Australia

You can contact company through,

Contact Number	1300 72 88 22
Address	Zurich Tower, 118 Mount Street, North Sydney NSW 2060 Australia
Email	media.enquiries@covermore.com.au.
Official Website	https://www.covermore.com.au/

10. 1Cover – Australia

10.1 Why Its Highly Recommended – 1 Cover Australia

1Cover has an average rating of 4.3 stars from customers based on more than 4500 reviews on Product Review.

More than 100 sports and activities are covered by the extensive coverage, which also offers the opportunity to buy extra packs for high-risk activities. Additionally customizable are the other parts of the insurance, enabling policyholders to expand or decrease coverage to accommodate the traveler’s habits.

Up to $5,000 is covered for credit card theft and trip disruptions lasting more than six hours.

10.2 Pros & Cons – 1 Cover Australia

Pros	Cons
Flexibility to modify or add coverage as needed to accommodate different travelers	Over-80-year-old passengers pay an additional $3,000; the maximum dental benefit is $1,000.
Up until week 24 of pregnancy, pregnancy cover

10.3 Company Overview – 1 Cover Australia

1Cover is Australia’s leading specialist travel insurer, with over 20 years of experience. They specialize in travel insurance, offering a range of products to suit all types of travelers. Their Australian-based customer service centre is dedicated to assisting travelers throughout their journey.

They prioritize customer satisfaction, adapting their products to meet unforeseen circumstances and offering refunds outside of a standard cooling-off period. 1Cover also streamlines operations online to make policies more affordable for all Australians.

10.4 Products & Services – 1 Cover Australia

Travel insurance plans includes,

1. Travel Insurance
2. Domestic Travel Insurance
3. Annual Travel Insurance
4. Cruise Travel Insurance
5. Ski Travel Insurance
6. Seniors Travel Insurance
7. Family Travel Insurance
8. Already Overseas
9. Long-Term Travel
10. Group Travel

 Coverages include,

1. Pre-Existing Medical Conditions
2. Pregnancy
3. Car Excess Guide
4. Activities/Sports

10.5 Contact Details – 1 Cover Australia

You can contact company through,

Contact Number	1300 041 474
Address	PO Box 6798, Baulkham Hills, NSW 2153, Australia
Email	info@1cover.com.au
Official Website	https://www.1cover.com.au/

11. Fast Cover –    Australia

11.1 Why Its Highly Recommended – Fast Cover Australia

FastCover provides limitless coverage for medical costs and cancellations, however there are restrictions on some claims and certain requirements that must be fulfilled. If the passenger satisfies the requirements, about 43 situations are covered.

Dental coverage is limited to $1,000 even though the insurance provides adequate Covid-19 coverage, including mentioning Covid-19 as a medical expenditure and including it as a reason for cancellation. In addition, cancellation coverage for travelers over 80 is capped at $1,500 if they made their reservation through a travel agency.

11.2 Pros & Cons – Fast Cover Australia

Pros	Cons
Offers valid for multiple individuals	Certain restrictions on flight cancelation insurance
Forty-three pre-existing conditions are covered automatically.	Reduced coverage limits for elderly travelers

11.3  Company Overview – Fast Cover Australia

Sydney-based Fast Cover Travel Insurance is a full-service travel insurance company. The Hollard Insurance Company, which underwrites it, takes pride in being an Australian-owned and run business.

Over the years, the travel insurance company has won several honors and recognitions, including the Travel Insurance Award 2023 from ProductReview, an independent Australian product review website. Fast Cover Travel Insurance scored 4.6 stars out of 1885 reviews, which is much higher than those of its rivals on ProductReview.

Fast Cover strives to accommodate all types of Australians and their desired travel experiences, from local and international travel, skiing or motorbike holidays, to coverage primarily for elderly travelers.

11.4  Product & Services – Fast Cover Australia

Fast Cover’s Comprehensive Travel Insurance policy is available to individuals aged up to 89 years, with seniors automatically falling into the Seniors Traveller policy. The policy offers 24/7 emergency assistance, up to $5,000 in credit card fraud protection, and personal liability coverage up to $5 million. Dependent children up to 20 years old are automatically covered. Cancellation coverage is unlimited, but cancellation fees are limited for travel agents. Car hire excess cover is available for up to $8,000.

Cover types,

1. Comprehensive
2. Standard Saver
3. Basics
4. Multi-trip
5. One Way

11.5 Contact Details – Fast Cover Australia

You can contact company through,

Contact Number	1300 409 322
Address	PO Box R1384 Royal Exchange NSW 1225
Email	info@fastcover.com.au
Official Website	https://fastcover.com.au/

11. Medibank – Australia

12.1 Why Its Highly Recommended – Medibank Australia

Medibank, Australia’s largest private health insurance provider, offers a comprehensive travel insurance policy for senior travelers. This policy offers discounts for standard and Priority health members, with 15% and 20% premium reductions. It includes unlimited overseas medical and cancellation expenses, $15,000 luggage cover, and $5 million personal liability cover. Cruise cover is optional, and pre-existing medical conditions are covered without medical assessments. However, there is a $2,000 limit on overseas dental cover.

12.2 Pros & Cons – Medibank Australia

Pros	Cons
Members of Medibank Health receive a 15% discount.	$2,000 limit on dental cover.
Many pre-existing conditions were treated without a medical evaluation.

12.3 Company Overview – Medibank Australia

With 3.7 million policies in force as of 2021, Medibank Private Limited, also just known as Medibank, is one of the biggest private health insurance companies in Australia.[2] In 1976, Medibank was established as a not-for-profit insurer by the Australian government. In 2009, it became profit, and the Abbott administration privatized it in 2014. These days, Medibank is a publicly traded business on the Australian Securities Exchange.

Industry	Insurance
Founded	1975; 49 years ago (Health Insurance Commission)
Headquarters	Melbourne,  Australia
Products	Private health insurance Travel insurance Life insurance Pet insurance

12.4 Products & Services – Medibank Australia

Travel insurance options are compared,

By cover type	By life stage	By activity
International	Seniors	Ski & snowboarding
Domestic	Families	Cruise
Annual multi-trip	Students	Moped & scooter
	Pregnancy

12.5 Contact Details – Medibank Australia

You can contact company through,

Contact Number	1300 576 282
Mailing Address	Medibank GPO BOX 9999
Email	company.secretary@medibank.com.au.
Official Website	https://www.medibank.com.au/

12. FAQs – Travel Insurance Australia

13. Conclusion – Travel Insurance Australia

In conclusion, for any Australian planning a vacation, travel insurance is a crucial factor to take into account. It provides priceless defense against unanticipated circumstances that can ruin or imperil your trip arrangements.

Travel insurance offers financial protection and peace of mind for a variety of situations, including medical emergencies, trip cancellations, lost luggage, and more. The possible advantages of having travel insurance frequently surpass the cost, even if the price varies based on the location, length of the trip, and coverage options.

Travelers may ensure they are sufficiently insured on their trips by comparing plans from reliable insurance providers and being aware of the coverage and restrictions. In the end, purchasing travel insurance may help reduce risks and guarantee a smoother, more pleasurable trip.

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