Good-value award-winning cover
Fast Cover is Finder's 2023 Best Travel Insurance - Value winner. According to our research of 28 policies, it's typically the cheapest insurer. You get a lot for your money though. It covers you for the essentials including some types of cancellations, medical expenses and up to $5,000 for COVID-related medical expenses and rearrangement costs.
As part of the awards research, we looked at over 100 international travel insurance policies. We narrowed this number down to 28 based on an eligibility criteria put together by our insurance specialists. For example, an eligible brand must offer some type of COVID cover and be open to customers up to 79 years old.
We then gathered over 300 quotes to get an average price and scored the same 18 features for every policy out of 10. These included COVID medical benefits, COVID rearrangement costs, theft or damage to luggage, hospital cash allowance, cancellation and amendment fees, luggage delay and rental car excess insurance. The final score for the value rating was a 30/70 blend of features and price. Fast Cover won largely because it offered the cheapest policy on average, according to our pricing research.
Top 5 policies in travel insurance - Value
- Fast Cover International Comprehensive Travel Insurance
- Southern Cross International Comprehensive - Single Trip
- Medibank International Comprehensive Travel Insurance
- InsureandGo Gold One Trip
- NRMA International Comprehensive Travel Insurance
Its COVID cover
Its COVID cover goes further than most. Fast Cover's comprehensive policy can pay up to $5,000 for additional travel expenses related to COVID. For example, if you catch the virus while you're on holiday and need to delay your flight home, it can pay for staying in accommodation longer. It can even cover additional expenses associated with childcare. Similarly, it can also cover medical evacuation. Many other insurers don't offer this.
Keep in mind, most major travel insurers in Australia, including Cover-More, InsureandGo and SCTI, cover some COVID-related costs now, including rearranging your trip. However, we selected Fast Cover because it has a more detailed list of events and situations it will cover.