Why travel insurance should be the first thing you pack

Travelling overseas is always an adventure, but you also want it to be a time when you can relax and recharge. The best way of getting the most out of your travels is to have the confidence that if things go wrong, someone’s got your back.

Considering how quickly the cost of any mishap can rise, travel insurance is no longer a luxury but a necessary step in planning your overseas adventure.

Losing your camera, phone or other items unhappily remains a common experience while overseas. Have you considered what it could cost to replace them? These types of expenses can really add up. Not to mention the sentimental value of lost photos and videos.

Thankfully, applying a few common sense initiatives will reduce your chances of anything going wrong. Avoid leaving your personal items unattended and keep expensive items in a hotel safe.

Additionally, have you thought about how much medical help overseas could cost you? In Asia, hospital bills in excess of $800 per day are not uncommon and the cost of medical evacuation from the United States can be up to $300,000.* Imagine being hit with that bill!

Some people think the travel insurance included in high annual fee credit cards will provide enough cover, but that may not be the case. It’s a good idea to check what’s covered and compare that with what’s on offer from an insurer you trust.

No matter where in the world your travels take you,SGIC has a great range of travel insurance options to meet your needs. Not all travel insurance policies offer the same level of cover as SGIC so it’s important to check the fine print. To find out more, check out our Travel Insurance section.

Have a safe, happy and relaxing trip!

SGIC Travel Insurance is issued by Great Lakes Reinsurance (UK) PLC trading as Great Lakes Australia and promoted by Insurance Australia Limited trading as SGIC Insurance. Cover-More Insurance Services Pty Limited acts under a binder authority from Great Lakes Australia to arrange for the issue of and to administer the product on their behalf. To see if the product is right for you, always consider the Product Disclosure Statement and Financial Services Guide available at Travel Insurance section.

* https://smartraveller.gov.au/tips/insurance.html