Which travel insurance provider offers superior cover?
Travel with Jane is a travel insurance company that offers a 15.3% discount to women, a reduced amount that reflects the gender pay gap. While this type of discount is new to the travel insurance market, it's not the only brand designed with cover for women in mind. 1st for Women, which started as a car insurance company, also offers travel insurance policies. But which brand offers the best cover for women and men alike?
Below is a comprehensive comparison of Travel with Jane's Luxe policy and 1st for Women's Comprehensive policy.
The price compared
Travel with Jane offers decent, all around cover for both women and men and the 15.3% discount makes it far cheaper for women than the 1st for Women policies. However, the Travel with Jane Luxe policy is more similar to the 1st for Women Essential policy than it is to the Comprehensive policy, which is why we thought we'd compare it to both policies from 1st for Women. Here we compare quotes for a 40-year-old travelling to the USA for a month.
|The cover (with a $100 excess)||Price for women||Price for men|
|Travel with Jane Luxe||$139.91||$166.95|
|1st for Women Comprehensive||$178.16||$178.16|
|1st for Women Essential||$160.51||$160.51|
If you don't want to pay a $100 excess, the quotes for a $0 excess are as follows:
|The cover (with a $0 excess)||Price for women||Price for men|
|Travel with Jane Luxe||$160.95||$192.07|
|1st for Women Comprehensive||$222.69||$222.69|
|1st for Women Essential||$200.63||$200.63|
The cover compared
The table below shows the policy limits for each of the different policies, but it doesn’t include the all-important exclusions, which make a significant difference to the actual cover available.
|The benefit||Travel with Jane Luxe||1st for Women Comprehensive||1st for Women Essential|
|Cancellation fees and lost deposits||$12,000||Unlimited||$12,500|
|Hospital cash allowance||$50 a day, up to $5,000||$75 a day up, to $2,500||$75 a day, up to $1,000|
|Loss of income||26 weeks, up to $10,000||$10,400||None|
|Travel documents, credit cards, travellers cheques||$5,000||$5,000||$2,500|
|Theft of cash||$250||$400||$250|
|Luggage and personal effects||$10,000||$7,500||$5,000|
|Travel delay expenses||$200 after 6 hours every 24 hours, up to $2,000||$100 per 12 hours, up to $2,000||$50 per 12 hours, up to $1,000|
|Personal liability||$2 million||$5 million||$2 million|
|Rental vehicle excess||$5,000||$6,000||$4,000|
|Pet care||$500, optional cover||$500, automatically included||None|
|Complimentary children’s cover||Up to the age of 21||Up to the age of 18||Up to the age of 18|
Cover for snowsports
Snowsports cover is also an optional extra for both providers. Both will cover you off-piste, but only in the company of a licensed instructor, as well as for a wide range of winter sports.
This type of cover can significantly increase the cost of your premium, so Travel with Jane may be the more cost-effective option for women who want snowsports cover. However, it is important to note that Travel with Jane won't cover you while heli-skiing or glacier skiing, while 1st for Women will.
Notable points of difference
- Complimentary children’s cover. Both policies automatically cover children or dependents travelling with you. Travel with Jane offers it to dependants up to the age of 21, whereas 1st for Women offers it to dependants up to the age of 18.
- Cancellation fees, lost deposits and additional expenses. These are important elements of your policy that cover the costs associated with returning to Australia, being held up and needing to pay for additional accommodation, unrecoverable prepaid expenses and more. $12,000 of cover sounds like a lot, but when you’re buying replacement plane tickets and paying for unexpected hotels, it can quickly dry up. $12,000 is the most you can get with Travel with Jane, but 1st for Women's Comprehensive policy offers up to $40,000 for additional expenses along with unlimited cancellation cover.
The limits shown in the table above are the total maximum amounts that you can claim for stolen, lost or destroyed luggage and personal effects. Sub-limits also apply, which are the amounts you can claim for certain individual luggage items.
Travel with Jane sub-limits:
- $3,000 per item for computers, video recorders and cameras
- $1,000 per item for phones, PDA-type devices and other items with phone capabilities
- $750 for all other items
1st for Women sub-limits:
- $3,000 for computers, laptops, mobile phones, cameras and video cameras
- $750 for other items
- $500 for items stolen from a locked, unattended vehicle
- Optional extra to raise limits up to $4,000 per single item
The exclusions compared
Both Travel with Jane and 1st for Women include specific exclusions in their policies that will affect your actual level of cover. All travel insurance brands will have policy exclusions, which can mean the difference between going with one policy and choosing another.
Note that these are just some of the more specific and unusual exclusions of each brand and are by no means the only policy conditions.
Travel with Jane won’t cover
- Extraordinary natural phenomenon. Any claim, other than medical, for loss resulting from “extraordinary natural phenomenon”. This includes volcanoes, landslides, tsunamis, falling space debris, atypical cyclones and the other “acts of god” that you generally hope travel insurance will cover. You’ll still be able to claim overseas medical expenses resulting from these events, but you won’t be able to get reimbursed for missed flights, cancelled trips, lost luggage or anything else.
- Travelling against official warnings. If you’ve taken out a policy with Travel with Jane, you will need to check the official government website warnings before departure to ensure that you will still be covered for your trip. If sites like Smartraveller are advising you to “reconsider your need to travel” or saying “do not travel” to an area, you probably won’t be able to make any claims for anything that happens there. These warnings are more common than you think. Large parts of South America, for example, may be off-limits for Travel with Jane policies, but not others.
1st for Women won’t cover
- Manual labour in connection with business or trade. 1st for Women travel insurance policies are pretty much for holidays only, not business trips.
- Missionary work and related travel. You aren’t covered while proselytising or performing related missionary work while travelling.
- Claims resulting from not getting vaccinated. If a vaccination or inoculation could have prevented you from contracting an illness or disease, you won’t be able to make a claim.
Also note that if you're heading to Bali or a similar destination, neither policy will cover you for any loss sustained while driving or riding a motorcycle unless:
- You are wearing a helmet.
- You or the driver has a valid driver's license for the country you are driving in. Depending on where you are this might mean you need an international driving permit or an Australian license. Travel with Jane requires this for all motorcycles, while 1st for Women will let you drive a bike with an engine capacity of up to 125cc without one.
So which is better?
Travel with Jane offers general-purpose cover for everyone, with guys and girls alike being able to benefit from competitive prices and women benefitting from a great discount. However, Travel with Jane's Luxe policy just isn't as comprehensive as some others, which might not work for some. The “extraordinary natural phenomenon” exclusion in particular might be problematic. Travel with Jane's policies may be impressively cheap, but the cost of travel insurance is only a small part of your trip expenses and it might not be worth skimping on cover.
1st for Women has higher maximum limits with its Comprehensive policy, but at a higher price and with different exclusions to consider.
At the end of the day, these are two travel insurance brands that may or may not be right for you. It’s the small differences that make a real difference, so for the right cover it's best to compare a range of options to find the one that's best for your needs.