*We're working hard to get our Finder Rating up again — we just need more travel insurers to start offering policies again. For now, you can compare the ones below.
Best Travel Insurance
The best travel insurance offers cover for medical expenses, flight cancellations, loss or damage to personal belongings and personal liability, but it all depends on your needs.
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Only you know what's the best travel insurance for you, but we can help you figure it out.
Travel is opening back up and you want the best travel insurance policy around — we get it. Our Finder Rating can help you do that; it ranks policies based on their comprehensiveness. You can also use the table below to see what’s covered (including COVID-19 related expenses). If you click "View details", you’ll get a more in-depth list of what’s included.
Important:
Travel insurance rules continue to change as a result of the pandemic. Some information may not be accurate at this time. It’s even more important to double-check all details that matter to you before taking out cover. Please note:- Some policies may not be available through Finder at this time
- It’s unlikely that your policy will cover expenses from border closures
2019 Finder Awards
Winner: Best Travel Insurance - Comprehensive
Budget Direct Travel Insurance
Second year running winner. Budget Direct's comprehensive policy includes important benefits with high limits.
2019 Finder Awards
Winner: Best Travel Insurance - Value
Online Travel Insurance
Online Travel Insurance stands out for its competitively priced policy that still offers a considerable amount of cover.
Finding the best travel insurance policy for COVID-19
Travel insurers aren't covering you for any loss related to lockdowns or border closures. It means that you might be out of pocket for prepaid accommodation if the government of that country introduces a lockdown.
They won't cover you for booked airline tickets either, but there's a good chance you can get a credit or refund from the airline, so speak to them directly.
COVID-19 travel expenses that can be covered include:
- If you're diagnosed with COVID-19 while you're on your trip or before you leave.
- If you're an essential healthcare worker and your leave is revoked due to COVID-19.
- If you need to change or cancel your trip because a relative or business partner is diagnosed with COVID-19.
- If the person you're meant to stay with is diagnosed.
- If the accommodation you booked is closed due to an outbreak.
- If you pass away due to a COVID-19 infection.
4 ways to find the best travel insurance
It's best to choose a travel insurance policy based on your individual wants and needs. You'll need to review and compare brands side-by-side to make sure you get the best travel insurance for your trip, at a competitive price.
1. Pick your level of cover
Single trip
or
Annual multi-trip
Comprehensive policy
or
Standard policy
or
Basic policy
Choosing the right level of cover is where you can save the most money and still get the best travel insurance for your trip.
Based on your individual needs, think about what you actually need cover for. Do you want ultimate peace of mind? Or do you only really care about medical emergencies?
2. Know your underwriter
By choosing a travel insurance brand that's underwritten by a company that you understand, you can reduce the chance of dispute if you need to make a claim.
Here are some major underwriters in the Australian travel insurance market.
The Hollard Insurance Company Pty Ltd
Auto & General Insurance Company Pty Ltd
Lloyds Australia Ltd
Mitsui Sumitomo Insurance Company Limited
Tokio Marine & Nichido Fire Insurance Co Ltd
3. Only pay for what you need
Review your policy and make sure it has everything you need. You don't want to be under-insured or over-insured. The Finder Rating can give you an idea about how much is included in a policy. Use this as a starting point.
Here are some of the most common add-ons so you can get the right cover.
Cruise add-on
Cruise add-on Pregnancy add-on
Pregnancy add-on Motorcycle/scooter add-on
Motorcycle/scooter add-on Snow add-on
Snow add-on Car rental excess cover
Car rental excess cover Additional device cover
Additional device cover Cover for pre-existing medical conditions
Cover for pre-existing medical conditions Cover for adventure sports
Cover for adventure sports Cover for natural disasters
Cover for natural disasters4. Buy early
In November 2019, we found that the majority of people who use Finder to compare travel insurance, actually buy their policy a day before they leave or on the same day.
This puts your holiday at risk if something unexpected happens.
Buying your travel insurance early is a smart decision as most insurers don't charge extra for buying your policy earlier. This means you can get more protection out of your premium.
Get cover for cancellations or changes prior to departure for when the unexpected happens.
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What should the 'best' policy cover?
Before you settle on a travel insurance policy, it's a good idea to think about the essential elements you want to be covered by your policy, as well as those that would be nice to have, but not essential. Here's an idea of what your list might look like:
Must-haves
Must-haves Medical cover
Flight cancellations and delays
Trip disruption cover
Medical evacuation
Luggage and personal effects
Passport and travel documents
Trip cancellation
Personal liability
Rental car insurance excess
Nice-to-haves
Nice-to-haves Travel delays
Luggage delay cover
Theft of cash
Loss of income
Hospital cash allowance
Accidental death
Pet care/ domestic service
Is it best to get a single trip or annual policy?
Single trip policies are best if you don't plan on travelling much over the next year or, if you're going on one long trip (annual policies cap the length you're allowed to travel in a single go).
Annual (or multi-trip) policies are best if you're a bit of a jet-setter, and travel several times a year. Buying an annual policy generally works out cheaper than buying single trip policies if you plan on making more than four shorter trips in the next year.
Annual policies are best if you’re a bit of a jet-setter, and travel several times a year. Buying an annual policy generally works out cheaper than buying single trip policies if you plan on making more than four shorter trips in the next year.
| Single trip | Annual multi-trip |
|---|---|
|
|
What does great value travel insurance look like?
Sometimes you're not after the best policy but rather after the best bang for your buck.
We analysed policies from three of our most popular partners to see how their policies for Bali compared. We looked at a 10-day trip to Bali using a 30-year-old traveller. These quotes are accurate as of 1 October 2019.
| Budget Direct | Tick Travel Insurance | Fast Cover | |
|---|---|---|---|
| Policy | Last minute | Basic | Basics |
| Price for 10 days' cover | $47.58 | $29.11 | $26.89 |
| Excess | $200 | $200 | $200 |
| Overseas emergency medical assistance and hospital expenses | Unlimited | Unlimited | Unlimited |
| Luggage and personal effects | $2,500 | $2,000 | Optional |
| Cancellation fees and lost deposits | Not covered | Not covered | Not covered |
*Table was last updated in October 2019
| Budget Direct | Tick Travel Insurance | Fast Cover | |
|---|---|---|---|
| Policy | Essential | Standard | Standard Saver |
| Price for 10 days' cover | $67.10 | $42.65 | $41.99 |
| Excess | $200 | $200 | $200 |
| Overseas emergency medical assistance and hospital expenses | Unlimited | Unlimited | Unlimited |
| Luggage and personal effects | $5,000 | $4,000 | $5,000 |
| Cancellation fees and lost deposits | $12,500 | $5,000 | $25,000 |
*Table was last updated in October 2019
| Budget Direct | Tick Travel Insurance | Fast Cover | |
|---|---|---|---|
| Policy | Comprehensive | Top | Comprehensive |
| Price for 10 days' cover | $69.54 | $50.72 | $47.69 |
| Excess | $200 | $200 | $200 |
| Overseas emergency medical assistance and hospital expenses | Unlimited | Unlimited | Unlimited |
| Luggage and personal effects | $7,500 | $7,500 | $15,000 |
| Cancellation fees and lost deposits | Unlimited | $20,000 | Unlimited |
*Table was last updated in October 2019
Looking for other insurance options?
Find out how to protect your finances during the global coronavirus pandemic with insurance.
How do I know which is the best travel insurance for me?
Use the Finder Rating to help you understand how comprehensive a policy is, this can help you choose the best policy for your trip. Here are the top 10 rated policies for a 7 day trip to Bali for a 30-year-old as of January 2020.
1. Budget Direct Comprehensive: 9.4 out of 10
2. Fast Cover Comprehensive: 9.1 out of 10
3. WorldCare Comprehensive: 9 out of 10
4. 1Cover Comprehensive: 8.9 out of 10
5. Zoom Travel Insurance Comprehensive: 8.8 out of 10
6. Travel with Jane Comprehensive: 8.7 out of 10
7. Travel with Kit Comprehensive: 8.7 out of 10
8. Online Travel Insurance Comprehensive: 8.1 out of 10
9. Virgin Money Comprehensive: 7.8 out of 10
10. World2Cover Top Cover: 7.3 out of 10
Keep in mind that the Finder Rating should be used as a guide to finding the best travel insurance. It considers the comprehensiveness of a policy, but not your individual circumstances. If you're ever unsure, read the product disclosure statement (PDS) or contact the insurer directly.
Best travel insurance companies
Finding the best travel insurance company is not as simple as getting the best policy. You'll also want to look at how good its products are in comparison with things like the company's reputation and how many complaints it receives.
The table below displays data collected by the Australian Financial Complaints Authority (AFCA) in 2017–18 on your chance of having a dispute per 100,000 with these travel insurers and underwriters. If you’re not sure what the underwriter for a travel insurance company is, you’ll be able to find it listed in the PDS.
| Financial services provider | Primary business | Chance of dispute |
|---|---|---|
| Insurance Australia Limited | General insurer | Not listed |
| Chubb Insurance Australia Limited | General insurer | 0.3 |
| AIG Australia Limited | General insurer | 4.5 |
| AWP Australia Pty Ltd | Underwriting agency | 5.4 |
| Lloyd's Australia Limited | General insurer | 8.5 |
| The Hollard Insurance Company Pty Ltd | General insurer | 11.2 |
| Mitsui Sumitomo Insurance Company Limited | General insurer | 12 |
| Auto & General Insurance Company Limited | Underwriting agency | 12.3 |
| MEDIAN | 12.3 | |
| Great Lakes Insurance SE | Underwriting agency | 12.9 |
| Tokio Marine & Nichido Fire Insurance Co Ltd | General insurer | 22.9 |
| Southern Cross Benefits Ltd | General insurer | 23.6 |
| QBE Insurance (Australia) Limited | General insurer | 25.1 |
| AAI Limited | General insurer | 28.7 |
| Zurich Australian Insurance Limited | General insurer | 31.1 |
*Table was last updated in October 2019
Check the underwriter
Those listed in the table above are the underwriters of a number of different travel insurance brands in Australia. So when you're looking at a policy, it's always smart to look at which underwriter is used.
Check online reviews
Before you take out your policy, have a search on credible sites to see what previous customers have said about their claims experiences, whether their emergency assistance team was helpful and customer service experiences.
What isn't covered even by the best policies?
Sadly, not even the crème de la crème of travel insurance policies cover everything.
Below are a few items no policy provides cover for:
- If you need to cancel your trip because of a lockdown or border closure due to COVID-19 (some insurers will not cover you for any COVID-19 related expenses).
- If you intentionally or recklessly put yourself in danger
- If your claim is for consequential loss of any kind, for example loss of enjoyment
- If your claim arises because you engage in manual labour on your journey (note that some policies will cover working holidays)
- If your claim arises because you breach a government prohibition or regulation
- If you fail to get the correct visa
- If you fail to obtain a passport in time to travel
- If you drive a vehicle without a current Australian licence or a licence valid for the country you are driving in
- If your claim arises due to any errors or omissions in your booking arrangements
- If your claim arises due to an act of war
- If your claim arises due to a pre-existing condition that is excluded from cover
- If you travel to a country for which the Australian Government Department of Foreign Affairs and Trade (DFAT) has issued a "Do Not Travel" advisory
- If you travel against medical advice
- If your claim arises because you were under the influence of alcohol or drugs
All policies are different, so make sure you check the relevant PDS for a full list exclusions.
Fill in your trip details below, we'll give you a price and Finder Rating to help find the best travel insurance for you.
Find the best travel insurance policy for you
Fill in your trip details below, we'll give you a price and Finder Rating to help find the best travel insurance for you.
Finally, some good news! Domestic travel is picking up, so some insurers have started offering cover again 🦘 Just remember, you won't be covered for any pandemic related claims if you do take out domestic travel insurance.
International travel insurance is limited and sometimes unavailable at this point.
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How to find the best travel insurance for...
Every traveller is different, which is why finding the best policy is so hard. These guides should help you narrow down your search:
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can You include car rental insurance in with travel insurance? How do I get a quote for both?
Hi Mark,
Thanks for your inquiry. When you hire a car, you are asked to pay an additional fee to reduce your excess in the case of an accident. However, comprehensive international travel insurance can cover rental car insurance excess for international trips and even domestic comprehensive travel insurance can cover you for domestic trips. You can learn more about how travel insurance covers car rental excess cover. Contact your preferred insurer to get a quote for comprehensive travel insurance.
Hope this was helpful. Don’t hesitate to message us back if you have more questions.
Best,
Nikki
I am about to travel soon. My flight is via Bali to KL. I haven’t bought the Travel insurance. Considering the volcanic eruptions situation in Bali which is the best travel insurance to get ? Thanks in advance
Sandra
Hi Sandra,
Thank you for your inquiry.
As we are a comparison website, I’m afraid we cannot give an advice on which is the best travel insurance you can get because the decision is based entirely on your preferences. But, we do have a page that you can compare your travel insurance options. You may refer this information to the link address here: https://www.finder.com.au/travel-insurance-bali.
I hope this information helped,
Best,
Asia
I am new to travel insurance, how does it work, for example if i get hurt while away ,does the insurance pay the hospital directly from day one or do i pay ,then claim it when i come back to australia
Hi Steven,
Thanks for your question. When you’ll receive payment will depend both on the situation and the insurer and travel insurance brand. You may find our travel insurance guide helpful when learning whether travel insurance will pay your medical expenses up-front or not.
I hope this was helpful,
Richard
Is there a travel insurance cover for cancellation of trip due to threat of terrorism before we travel to a particular country
Hi Marie,
Thanks for your question.
Many policies do cover you for cancellation, trip delay and additional travel expenses that are the result of an act or threat of terrorism. Whether or not you will be covered will depend if there is a travel warning advisory issued by the Australian government, such as a do not travel warning, or if the act of terrorism is a known event.
Please make sure to read the eligibility criteria, features and details of the policy, as well as the relevant Product Disclosure Statement of the policy before making a decision and consider whether the product is right for you. If necessary, speak to the insurance brand to verify any details.
I hope this was helpful,
Richard
Why can’t I type in departure date?
Hi Robbie,
Thank you for your comment. You should be able to select your departure date by clicking on the departure box and selecting from the menu. The form does not currently allow users to type in dates, only select from the box.
Thank you,
Will