, Australia
Photo by Suhyeon Choi from Unsplash

41% of Australian travellers opt out of purchasing travel insurance

27% of Australians think travel insurance is unnecessary.

The Insurance Council of Australia (ICA) is encouraging Australians planning overseas trips to secure travel insurance as the Easter holidays approach.

This advice comes after ICA's discovery of a concerning number of holidaymakers considering travel without insurance.

The ICA and the Department of Foreign Affairs and Trade’s Smartraveller commissioned a survey that revealed that 41% of Australians who consider travelling overseas do not purchase travel insurance.

The survey also found that one in six individuals (16%) did not have travel insurance on their most recent overseas trip.

ALSO READ: AlipayHK users benefit from Blue Cross travel insurance promotion

When asked why they do not opt for travel insurance, 24% believed their destination was safe enough while 27% deemed it unnecessary, and 4% felt their trip was too short to warrant insurance.

Meanwhile, 44% of travellers consulted Smartraveller for pre-trip information, yet 10% would still visit destinations despite government advice. 

“Travel insurance is as vital as your passport. We encourage everyone planning a trip to purchase travel insurance well in advance and to carefully read the terms and conditions,” Andrew Hal, ICA CEO said.

Follow the links for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.