European Travel Insurance
Travelling to Europe? Passport ready? Credit card
and money safe? Travel insurance policy sorted? Unfortunately, too many
Australians ignore the latter due to financial restrictions or an ‘it will
never happen to me’ attitude. This could prove, for some, to be the most costly
mistake they will ever make.
Tourism Australia in September 2012 stated that Australian residents
spend 143 million nights away on international travel, with a large
proportion of this being in Europe, and yet a third of these residents travel
without adequate travel insurance or no travel insurance at all. This could
lead to huge bills and potential financial disaster should illness, injury or
even death occur.
Click below for your Europe Travel Insurance quote
Medical Travel Insurance
It just takes an unexpected accident or eating the
wrong food to mean that medical treatment is required. Travellers who are not
covered by insurance are personally liable for all medical expenses and
associated costs such as medical evacuation and at worst, recovery of a
deceased’s remains. With costs in the region of $10,000 for bringing home a
loved one’s remains from Europe, it is easy to see why medical travel insurance
is so important.
While Australia has reciprocal health agreements
with the UK, Sweden, Finland, Italy and other European countries, which cover
the cost of essential medical treatment for Australian residents travelling in
these countries, these agreements are not designed to replace private travel
health insurance. Consider cover that will pay for an emergency flight home, as
reciprocal health agreements or Medicare does not cover this. Also, bear in mind that existing medical
conditions may be excluded or require an additional premium, as the cost of
medication could prove expensive.
Other Insurable Events
Travel insurance can cover for events that may occur
before travel as well as during a trip to Europe. Cancellation of flights,
theft of personal items or valuables, losses of baggage or even baggage delay
are all possible events that you may obtain insurance for. Also check whether cash cover and
travel document cover is included. Even
a lengthy flight delay can be covered should accommodation be required during
the delay, while a significant delay resulting in abandonment of the trip
should result in some reimbursement.
Personal liability cover is another benefit that should be considered, as it can cover legal liability for accidental injury to a third party, or damage to or loss of their belongings, caused by you. Personal liability cover does not cover the insured for legal costs of pursuing a claim against a third party should they be injured by a third party.
Many enjoyable sporting activities are covered as standard through your travel insurance, but not all, so it is always best to check which ones are not covered prior to purchasing.
It is possible to find suitable cover to ensure that
a trip may be enjoyed without worrying about potential problems. Your travel
insurance company may provide policies
to suit regular travellers, backpackers, and one-off holidaymakers too.