Case Study: Travel Insurance for 1 week in Bali

So I've got a week of leave coming up and I wanted to take a relaxing holiday to Bali, Indonesia. This will be a slightly different holiday than I am used to. I'm usually heading for more adventurous locations and doing the whole backpacker thing but this is a chance to just to have a break and relax in the sun. I've bought some cheap airfares tickets from Jetstar (avoid their travel insurance) and booked my accommodation at Expedia. Got a great deal on a 4 star resort!

 

Now comes the tricky part. Buying travel insurance.

Jetstar offer travel insurance (which was selected by default) but I wanted to shop around so passed on that. There aren't any comparison websites that offer a wide selection of the major brands so I'll need to visit them individually.

 

First, lets work out what I need cover for:

- Medical and hospital is without doubt the most important. There have been many cases of people becoming sick or injured in Bali and it ranks as the most dangerous holiday location for Australians. Ideally I'll look for unlimited medical and repatriation (ie, getting flow home to an Australian hospital).

- Cancellation. I've only got a week for holidays so I don't want to risk it being ruined if the plane or accommodation is cancelled.

- Luggage. I'll be taking my HTC Android Smartphone ($800), iPad ($700) and Laptop ($1200) which I'd like to cover with travel insurance. Plus general cover for all my other baggage.

- Other things? Anything else is really just a bonus. I don't plan on renting a car or riding a scooter or motorcycle. No adventure sports are on the adgenda though I might do some kayaking and snorkeling.

 

Lets look at some travel insurance contenders

My trip details are: 1 week in Bali for a Single aged 30 years old.

Travel Insurance Direct
Cost: $39.00 ($63 with additional item cover)
Medical: Unlimited
Cancellation: Unlimited
Luggage: $12000 with per item limit of $700. Brings the cost to $63 to cover my laptop and phone.
Reviews of Travel Insurance Direct 

Worldcare
Cost: $33.30
Medical: Unlimited
 Cancellation: Unlimited
Luggage: $12000 with per item limit of $3000 for computers, $1000 for phones, and $750 for others.
Reviews of Worldcare Travel Insurance  

InsureandGo (Silver)
Cost: $45.15
Medical: Unlimited
Cancellation: $15,000
Luggage: $6000 with per item limit of $4000.
Reviews of InsureandGo

1Cover
Cost: $45.00
Medical: Unlimited
Cancellation: Unlimited
Luggage: $5000 with per item limit of $3000 for computers, $1000 for phones, and $750 for others. Reviews of 1Cover Travel Insurance  

iTrek Travel Insurance
Cost: $44.94
Medical: Unlimited
Cancellation: Unlimited
Luggage: $5000 with per item limit of $3000 for computers, $1000 for phones, and $750 for others. Reviews of iTrek Travel Insurance

 

Which travel insurance did I pick?

The stand out for me was Worldcare Travel Insurance. It was by far the cheapest and covered everything I could want and more. I was surprised that the item limits were so low on the Travel Insurance Direct policy and it costs a lot more than any other company to cover my laptop, phone, and tablet.

Remember to read the PDS and take your personal circumstances into account when buying travel insurance. This blog post is not financial advice but just my individual story.

New website for Travel Insurance Direct

Travel Insurance Direct have a new website that introduces a new look to the brand and emphasises the TID acronym. It features bold blue colours with the focal point being the online quote function. Policy coverage is not changing although there are small updates from time to time. Pricing may change frequently and is not related to the website update.

Also, Travel Insurance Direct recently  moved to a new underwriter, Loyds, after being with Allianz for a number of years. Their PDS and schedule of benefits are mostly the same but potential customers should read them fully to ensure they will be covered for what they need. Existing customers are covered under the policy in effect at the time of purchase. Travel Insurance Direct can supply the correct PDS and provide further information.

Read more about Travel Insurance Direct, including customer reviews: http://www.travel-insurance-reviews.com/travel-insurance-direct/

Travel Insurance Direct Coupon Discount Code

Travel Insurance Direct have released a new coupon for 10% off. Travel Insurance is vital for all overseas trips, be they for a holiday or business purposes. Even if you are only going on a domestic holiday in Australia it is still a good idea. Read reviews on travel insurance to help find the right one for you.

Want 10% off Travel Insurance Direct?

SPRING2011

The latest reviews on Travel Insurance Direct are online at www.travel-insurance-reviews.com/travel-insurance-direct/

Enjoy your trip!

10% TID Coupon

Travel Insurance Direct have just emailed offering a 10% discount this Christmas. This is what they said:

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You, your family and friends can Save 10% on the cost of travel insurance with this offer from Travel Insurance Direct.

Just visit www.tid.com.au to get your quote and enter the code below to receive your exclusive 10% discount.

Promotion Code: TIDXMAS

TID offers great cover, great value travel insurance underwritten by Allianz, and has been voted Australia's number 1 online travel insurance by readers of www.productreview.com.au

Already purchased travel insurance? You can still save 10%

Even if you've already purchased travel insurance elsewhere, you can get a full refund within the cooling off period (provided you haven't commenced your journey or made a claim), so you can still take advantage of this fantastic offer. Visit www.tid.com.au and get a quote to find out how much you could save.

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So what are you waiting for! Get a travel insurance quote with TID today and save 10%.

TID Promotional Code - Spring

Travel Insurance Direct is one of the biggest online travel insurance providers in Australia and offer great prices. Need more information before making up your mind? Read a Travel Insurance Direct Review

Get 10% off with this coupon code:

TIDSPRING

TID Promotional Code

Travel Insurance Direct is a very popular travel insurance provider here in Australia as they provide a good level of cover for a cheap price. With all travel insurance policies you should read the PDS prior to purchase to make sure that the policy is right for you. Use the coupon code below to save $10 on your policy

Save $10: TIDSAVE

Get a quote from Travel Insurance Direct or read reviews on Travel Insurance Direct.

Travel Insurance Direct - 10% off coupon

Travel Insurance Direct is one of the cheapest travel insurance companies in Australia. In addition to that they regularly have discount coupons. This one is valid at least through Easter 2010.

TIDEGG2010

Always read the PDS before purchasing travel insurance because not all policies will be appropriate for your circumstances. Take a look at Travel Insurance Reviews to help decide.