Cheap travel insurance
Choosing the right travel insurance for your holiday can be a frustrating challenge. Complicated wording, hidden costs and lengthy exclusions can mean you end up inadvertently buying something that’s different from what you expected and paying more than you needed to. At Southern Cross Travel Insurance, we want to take the mystery out of finding the right cover for your holiday.
How can I save money on my insurance?
Travel insurance can seem like an unnecessary extra expense, especially when you consider the cost of flights, accommodation and activities. However, when you consider the cost of emergency medical care if you're travelling overseas, lost luggage, delayed flights and damaged valuables, it’s easy to see why protecting yourself with comprehensive travel insurance may be a smart financial choice. There are some simple ways you can save money on your travel insurance.
Don’t always choose the lowest price cover
While you may be tempted to select the cheapest travel insurance policy that’s available, before you commit to buying it always pays to research carefully. Some insurance policies may have minimal benefits and a long list of exclusions.
Saving a few dollars on your insurance may seem like a good option now but, when the unexpected happens overseas and you find you’re not covered, it can end up costing you more in the long run.
Reading customer reviews is a great place to start when researching the quality of a travel insurance provider.
Understand your travel insurance
There’s nothing more frustrating than having an insurance claim rejected because unexpectedly your claim doesn’t meet your policy’s rules. For example, you may not be covered if your electronics are damaged in checked luggage, or if your bags are stolen while left out of your sight.
A common mistake travellers make with travel insurance is failing to understand their cover. Always read your policy carefully so you can be confident that you stay insured overseas.
Our Domestic and TravelCare policy documents have both been written in ‘plain language’ to better help customers understand the cover that may be available to them. These documents have both been awarded the WriteMark, an independent endorsement awarded to documents that achieve a high standard of plain language.
How do I choose the right policy?
There are several things to consider when choosing the best policy for your holiday, which will also impact the price of your insurance:
1. Your destination
If you're travelling overseas, your destination can affect the price of your policy, based on the cost of medical care in the country and its risk rating. It's important that you let your insurer know all the destinations that you're planning to visit on your trip. Insurers may not be able to provide cover for some destinations (like those with a ‘High Risk’ or ‘Extreme Risk’ rating on safetravel.govt.nz).
2. The length of your journey
The duration of your holiday can also impact the price of your insurance. Our TravelCare Single Trip policy covers you for journeys of up to 365 days.
3. Who you travel with
Some insurers may charge higher fees if you're travelling with dependent children. However, our TravelCare policy provides cover for dependent children (aged under 21 years old at the date your insurance starts) under the policy of their guardian for no extra cost.
4. Your excess
The excess you choose will affect the price of your policy. The higher your excess, the lower the premium of your policy.
5. Whether you are taking high value items with you
Travelling with high value items can affect the price of your insurance. If you'd like to cover these items, you may need to specify them when you purchase your policy and pay an additional premium.
6. What activities you do
At Southern Cross Travel Insurance, we give you the flexibility to tailor your plan. For example, if you’re going sightseeing on a motorbike or skiing in the mountains you can add cover for these activities. It’s important though that you also read and understand the general exclusions of your policy before you buy. For example, under our TravelCare and Domestic policies, you won’t be covered if you’re mountaineering in certain circumstances or participating in any professional sports.
7. Your pre-existing medical conditions
With our TravelCare and Domestic policies you can carry out a medical assessment to see if we can offer you cover for your pre-existing medical conditions. It only takes a few minutes to do and, if we can offer you cover, you can decide if you want to add it and pay the extra premium.
8. How often you travel
How frequently you travel is another thing to consider when finding the right policy for you. If you’re travelling internationally more than three times in a year, our Annual Multi-Trip policy could be a cheaper option. Under the policy, you’re covered for 12 months from the start date of insurance you select, no matter how many times you travel. You can also select the number of days you’ll be covered for each trip - from up to 30, 60 or 90 days.
Find travel insurance discounts and promotions
If you’re a Southern Cross Health Society Member, you also get an additional 5% of the base premium of your policy.
Get a quote for cheap travel insurance
To find out if our award-winning international travel insurance is the best value for your next overseas holiday, get a quick quote today. Or if your holiday is a little bit closer to home, get a quote for our domestic travel insurance instead.
What you need to know
This page may include some information about our products but, as with all insurance policies, terms and conditions may apply. For our terms and conditions (including information about exclusions, excesses and sub limits) we recommend you read the TravelCare travel insurance Policy Document and domestic travel insurance Policy Document.