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Aussies’ bad travel insurance habit

Most Gen Y-ers book travel insurance at last minute

When do you book your travel insurance? Despite the fact an insurance policy can cover you from the day you book to when you depart, a large portion of Australian holidaymakers are still taking out travel insurance at the last minute, which could leave them seriously out of pocket. 


According to new research released by comparison site Finder, two in five (39%) Aussie travellers who take out cover do so at the last minute, with one in five (18%) booking less than three days out and a further one in 10 (10%) booking less than a week out. 



“A lot can go wrong between booking your trip and the time you actually leave,” Finder insurance specialist Sophie Walsh says. 


“If you have a sudden death in the family and you need to stay home, your insurance will generally cover you for anything you’ve already paid. 


“With winter on our doorstep now is the time many Australians will be heading to warmer climates, potentially uninsured.” 


Perhaps unsurprisingly, Generation Y travellers are the riskiest travellers, with over half (53%) booking cover a few days out from their trip - compared to just 31% of Baby Boomers. 


While it’s easy to overlook travel insurance in favour of the fun stuff, Ms Walsh urges caution when booking travel without travel insurance. 



“Don’t sign up for that white water rafting tour until you’ve taken out travel insurance,” she says. 


“If you end up needing to go to hospital and you’re without cover, it will be man overboard for your finances. 


“Make sure to consider your options based on your travel plans. 


“If you’re planning to surf or jetski, double check watersports are included on your policy.” 


Over 180,000 travel insurance enquiries made on Finder were analyzed in the study. 


Booking time frame     

Baby Boomers     

Generation X     

Generation Y  

Last minute




2 - 4 weeks




2 months




3 months




6+ months





When do you book your travel insurance?


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Written by: Mark Harada
Published: 14 June 2019

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