Travel Insurance Deals

Cut your premiums with these discounts from Australian travel insurance brands

It is a sad fact that a huge number of Australians neglect taking out travel insurance each year simply because they feel that it is too expensive. Many are quick to insure their car or home but when it comes to taking out cover for their overseas trip, many take the “she’ll be right” approach. What many people fail to realise is just how affordable travel insurance can be if you take the right steps to compare different options and hunt out competitively priced policies. Australians are lucky by the fact that there are just so many different travel insurers competing for your business and many will go to great lengths to get the edge over other insurers by cutting premiums and offering special discounts. This article will provide some quick tips on how to find a policy that will give adequate travel cover and not break your budget.

Travel insurance deals from Australian brands


Columbus Direct Exclusive Offer - 10% Off All Policies

Receive a 10% discount on your Columbus Direct policy when you apply through Simply follow the secure link for your 10% discount to be applied.

Free Visa Prepaid Gift Card and Global Roaming sim

Receive a Free Woolworths Visa Prepaid Gift Card and Global Roaming sim with every Comprehensive Travel Insurance.


Go Insurance Exclusive Deal - 10% Off Coupon Code

Apply this coupon code at the checkout when purchasing Go Insurance to receive a 10% discount on your policy.

Show code & visit siteFI****

After the store tab opens, come back to copy the code

YouGo Travel Insurance Coupon Code - Save 10% On Your Cover

Get 10% off your YouGo travel insurance cover with this exclusive coupon code. Offer available for a limited time only!

Show code & visit siteYO****

After the store tab opens, come back to copy the code

Buy Duo Travel Insurance with Fast Cover and Save

Buy Travel Insurance for 2, get 5% OFF + 50% OFF Excess

Finding best travel insurance* deals online

Whether you are looking for a ski holiday policy for a long weekend at the slopes or a comprehensive overseas policy for an upcoming trip to Europe, there are some key steps to take to help you find affordable travel insurance that still gives you the right level of cover. Here are some handy hints to help you hunt out travel insurance deals.

  • Compare different options available: The beauty of purchasing insurance online is that it gives you the chance to review cover options from a whole range of providers. This not only means comparing different providers but also the different coverage plans that they have on offer i.e. comprehensive, essential or basic.
  • Level of cover: Not everyone will need the same amount of cover for losses incurred on their trip. Each policy will have different cover levels in place for benefits, which will impact the premium you will pay.
  • Any other insurance in place: You may already have some other types of cover in place that may lead you to reduce the amount of cover you need for your new travel policy. This may include, home and contents insurance, car rental insurance or workers compensation.
  • Policy exclusions: It is not enough to simply skim over the benefits offered on the policy before deciding on what cover to apply for. You must read the terms and conditions of each benefit and get a clear understanding on what events you are and are not covered for. Each benefit will come with its own set of conditions for payment i.e. you might be entitled to a hospital cash benefit if you are forced to stay in hospital overseas but in order for this benefit to be provided you must be in hospital for a period of 48 hours or more.

Tripcover - 5% Off your policy

Get 5% OFF your next policy with Tripcover by using your frequent flyer number when you take out car rental excess insurance cover.

Traps to watch out for when looking for the best* deal on travel insurance

It is easy to snatch up the policy offering the lowest premium when comparing policies but doing this could leave you drastically underinsured. Here are some key points to consider when trying to get a good deal for your travel insurance:

  • Benefit excess: Low cost policies will usually have higher excess applied for the payment of benefits. It is critical to work out what you stand to pay in excess charges prior to application.
  • Deterioration: Many policies will take into consideration the “wear and tear” of items when determining the benefit that will be paid. It is worth assessing how this will be applied on your policy.
  • Exclusions on the policy: Many low cost policies will have many exclusions for claim payment in place. As stated previously, it is critical that you get a clear understanding of the exclusions on your policy prior to application.
  • Documentation required: It is worth getting an understanding what documentation your insurer will require in order for a claim to be paid. Many insurers will require either a receipt or valuation document.
  • Limits on valuable items: Many cheap policies will only provide cover for items up to a certain value. You may want to consider registering any high-value items prior to departure to ensure adequate cover is in place.
  • Activities covered: Each insurer should have a complete list of the sports and activities that they are willing to cover under the policy. Many cheap policies will not provide cover for potentially risky activities. If you are going to be participating in any high-risk activities on your trip, it might be worth considering a specialist policy.
  • Don’t ignore warnings in the media or from the government: Many insurers will not honour claims for events that have taken place in countries that have been recommended as no-travel areas by the government or mass media. It is worth checking whether the country you are travelling to is actually covered under your policy.

Benefit of purchasing travel insurance online

Where in the past most people would have purchased cover through their travel agent or airline, buying travel insurance online has opened up a whole new world of opportunities for finding affordable policies from Australian insurers. Here are some of the key benefits of going online to purchase travel cover:

  • No commissions: Cover purchased from travel agents or airlines is generally more expensive as there is often an additional charge to account for the commission earned for the sale of the policy.
  • Greater range of options: Travel agents may only have access to a limited range of policies, restricting the range of providers and policies for you to compare.
  • Compare many options at once: Buying online means you can compare multiple options simultaneously, letting you compare the benefits, exclusions and cover levels quickly.
  • Exclusive deals and offers: Many providers will have exclusive deals to give you premium discounts or other incentives to sign up for cover. Hunting out an exclusive promotion code could save you a considerable chunk of cash on your policy.
  • Fast and secure application: In comparison to other forms of insurance, travel cover can generally be purchased entirely online in a matter of minutes. recommends that anyone purchasing cover online still take the time to read through the product disclosure statement to get a clear understanding of their policy.
  • Buy in your own time: Comparing travel insurance online means that you can find the right policy at your own convenience and not rush the purchase.

Types of travel insurance policies to consider

Most providers will now offer a range of different travel insurance products for travellers with different cover needs. Finding the suitable option for your trip means may not only mean that you pay less for your cover but that you also have the right protection in place.

  • Single Trip Travel Insurance: Provides cover for a single trip overseas or to a domestic location. Policyholders can generally extend their policy while they are travelling provided it does not extend beyond 12 months.
  • Annual Multi-Trip Travel Insurance: Provides cover for an unlimited number of trips within any 12-month period. Each trip taken will be covered under the same policy. Each policy will have limits on the number of consecutive days of travel for each trip, which can be anywhere from 30-90 days. This option is generally more economic for people that take 3 or more trips per year.
  • Group Travel Insurance: Provides cover for different groups taking a trip together. This is a great option for sports teams, school groups and any group of at least 10 people or more. Group policies often bring a significant discount as the policies are purchased in bulk.
  • Ski Travel Insurance: Provides additional cover for winter sports activities in addition to standard cover found on overseas and domestic policies. Additional benefits include cover for bad weather and avalanche closure, cover for your own snow gear and ski equipment, cover for equipment hire and emergency evacuation from ski fields to the nearest hospital for treatment.
  • Seniors Travel Insurance: Many insurers realise that senior travellers have different cover requirements to other travellers and have designed specialised products for travellers over the age of 65. These policies ensure that older travellers with pre-existing medical conditions can still get adequate cover for their trip.
  • Visitors to Australia: Some insurers now offer policies for non-Australian residents travelling to or around Australia. This cover is available to people that are planning to visit Australia or those that are already travelling within Australia.

Find travel insurance deals today

With everything else that goes into planning a trip, it can be easy to rush the purchase of your travel insurance. Taking the time to compare different policy options and actually have an understanding of your cover requirements may let you hold on to a significant chunk of cash and still get the right protection for your trip. Keep an eye on the Travel Insurance deals page so you can take advantage of any exclusive offers from various brands.

Review the latest travel insurance deals

* The offers compared on this page are chosen from a range of products has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.

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6 Responses to Travel Insurance Deals

  1. Default Gravatar
    Chris | January 23, 2014

    Are you aware of any pitfalls with the CBA’s Master cars free travel insurance?

    • Staff
      Shirley | January 23, 2014

      Hi Chris,

      Thanks for your comment.

      You’ll need to spend a certain amount on prepaid travel costs to be eligible for cover, and you’ll only be covered up to a certain amount.

      Please read our CBA Travel Insurance Analysis.


  2. Default Gravatar
    Trevor | January 21, 2014

    Why do all the insurance specials cut out at 69. Why is there an “age penalty” applied after 70 and which appears to bear no relation to risk.

    • Staff
      Marc | January 22, 2014

      Hi Trevor,
      thanks for the question!

      Similar to providers in the life insurance market, travel insurance providers draw on statistical data from past claims to help them determine appropriate pricing for cover. This is much the same as premium increases for travel to certain destinations that are considered to pose greater risks to travellers based on past claims.

      I hope this helps,

  3. Default Gravatar
    Karen | September 28, 2013

    Does InsureAndGo include missed connection insurance cover?

    • Staff
      Shirley | September 30, 2013

      Hi Karen,

      Thanks for your comment.

      Yes, some covers will include missed departures.

      Hope this helps,

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