1. What is travel insurance?
2. What does travel insurance cover?
3. Which travel insurance to buy?
4. How much is travel insurance?
5. What is the best travel insurance?
6. How much does travel insurance cost?
7. Why travel insurance is important?
8. How does travel insurance work?
9. Do I need travel insurance?
10. What to look for in travel insurance?
A report of the top online searches of 2016 revealed some interesting insights about the average Australian traveller when it comes to buying travel insurance.
The most googled questions indicate that not only are many Aussies sceptical about whether purchasing travel insurance is worthwhile, some are not even sure what it is.
“Most people can understand the benefits of buying house or car insurance because it covers physical objects they want to protect,” says Fast Cover CEO Dean Van Es.
“New travellers sometimes struggle to see the value of travel insurance because it can cover anything from a lost suitcase right up to emergency medical treatment and evacuation,” says Mr Van Es.
“Anyone who has ever needed their travel insurance overseas always tell us they would never go anywhere without it now,” says Mr Van Es.
Some of the other top search queries included different combinations of keywords such as: ash cloud, volcanic ash, cancellations and missed flights – presumably due to the higher frequency of volcanic activity in Indonesia last year which grounded all flights for several days.
“A lot of travellers called us worried about getting stranded overseas when Mount Rinjani erupted, so it makes sense to see these results topping the google searches as well,” says Mr Van Es.
‘How much is travel insurance?’ and ‘How much does travel insurance cost?’ were also both in the top enquiries, confirming that Aussies are savvy online shoppers who don’t mind hunting around for a bargain.
“Price is a deciding factor for many people when shopping around for anything, but we’ve found very few people mention the price of the policy when an incident occurs – most travellers just want the best emergency assistance and a fast claims service,” Mr Van Es says.
Travel insurance to cover pregnancy was one of the most popular medical-related travel insurance searches, and the highest sought travel insurance policies for particular destinations were Spain, Turkey and the USA.
For the full media release and answers to the most frequently searched travel insurance questions, please visit the Fast Cover Media Centre.
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Fast Cover Pty Ltd ABN 98 143 196 098, AR No.381399, arranges this insurance as an authorised representative of the product issuer, The Hollard Insurance Company Pty Ltd, AFSL 241436, ABN 78 090 584 473. Any advice provided is general only and may not be right for you. Consider the Product Disclosure Statement available at fastcover.com.au, to decide if the product is right for you. Benefits are subject to the terms and conditions including the limits and exclusions of the insurance policy. Fast Cover receives a percentage of the premium paid and a share in the underwriting profits.
