So what about Domestic Travel Insurance?
While most Australian's already have medical cover (either through a private health fund or Medicare), meaning that medical expenses are already covered when travelling domestically, there are a few reasons to consider travel insurance when travelling within Australia.
Cancellation - if you have spent a lot of money on your holiday then adding travel insurance in case something goes wrong and you're forced to cancel can lessen the expense.
Baggage Cover - when travelling with electronics or valuables its a good idea to have them insured in case of theft, loss or damage.
Car Hire Excess - a helpful tip: you can save money using travel insurance to cover the collision damage excess, rather than paying the car hire company's insurance charge.
Most common insurance events include:
- flight or tour cancelled
- flight delayed by more than 12 hours
- missed connecting flight
- lost, damaged or stolen luggage
- lost, damaged or stolen cash or items
- forced to cancel trip before departure