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How many young travellers make insurance claims?


Hint: it’s a lot more than other Aussie holidaymakers...

Young Australian travellers are twice as likely to make insurance claims than the average Aussie traveller, new research has revealed. At least they’re taking out travel insurance... 

 

 

Released by Canstar.com.au, the data showed that more than one in five (21%) Australian jetsetters aged 18 to 29 years made an insurance claim after their most recent holiday, which was almost double the one in 10 (11%) Aussies overall who lodged a claim. 

 

To help Australians choose the right travel insurance, Canstar has released its 2019 Travel Insurance Star Ratings and Awards, which “highlights providers offering outstanding value”. 

 

Analyzing 263 policies from 88 eligible providers, Canstar recognised five insurers with the coveted Outstanding Value Award including:     

 

  • Outstanding Value Domestic Travel Insurance: HIF, InsureandGo
  • Outstanding Value International Travel Insurance: Holiday Rescue, Tick Travel Insurance, World2Cover
  • Outstanding Value Cruise Travel Insurance: Holiday Rescue, Tick Travel Insurance
  • Outstanding Value Seniors Travel Insurance: Tick Travel Insurance, World2Cover

 

Comparing the average market price for travel insurance with the cost of a 5-Star Rated travel insurance policy, Canstar found a single traveller could pay nearly $50 less if they’re opting for the 5-Star Rated policy.

 

 

How often do you make travel insurance claims, if ever?

 


Written by: Mark Harada
Published: 26 August 2019


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