We already know some Australian travellers have really bad travel insurance habits, but we didn’t realise it was THIS bad.

 

A new study conducted by InsureandGo found more and more holidaymakers are pushing aside their travel insurance and leaving it to last minute.

So last minute in fact, nearly one in five will purchase it online the day before or the day of travel.

large

While last minute bookings aren’t an issue if everything goes smoothly on holidays, it does however, leave travellers uncovered if they need to cancel their trip unexpectedly.

According to InsureandGo, purchasing travel insurance as soon as possible (while booking flights or accommodation) ensures your clients are covered if they need to cancel their holiday last minute.

Cancellation cover is part of most policies and will allow travellers to claim back prepaid costs in relation to cancelled, non-refundable flights, accommodation, tours, activities, travel agency fees and other related travel bookings.

“There’s nothing worse than having to cancel a holiday – let alone when you still have to pay for the cancelled trip.”

Jonathan Etkind, InsureandGo Commercial Manager

Image: Africa Studio/Shutterstock

“The best piece of advice that I give to travellers is to consider purchasing travel insurance as soon as you book your holiday so that you’re covered for the unexpected – whether that’s a family emergency or if you lose your job.

“Cancellation cover is there for our customers that need it when unforeseen circumstances arise.”

In addition to purchasing travel insurance, Mr Etkind says it’s important for travellers to read the product disclosure statement for their travel insurance policy to ensure they know what they are covered for in the event of a trip cancellation.

Are your clients leaving their travel insurance to last minute?