If you are in the market for domestic travel insurance then check out the reputable online insurance companies and buy direct because you will make big savings in your premium.
You may be planning on taking a single trip or be someone who travels regularly within Australia or are a company that employs a number of staff who need to travel interstate on a regular basis. Depending on whether it is single insurance, multi trip insurance, or domestic annual trip insurance you will pay a different premium for a different service. Usually the premium is quite low for domestic travel policy as the amount of monetary outlay the insurance company will likely need to release in the event of hospitalization or illness is considerable less that what would be required when traveling overseas, particularly in countries such as the USA where medical costs are extremely high.
The use of discounted domestic travel insurance is a phenomenon that has taken place now that air flights are becoming cheaper and cheaper, especially for domestic flights, and more people are traveling. Greater volume of travelers and the resulting higher demand for domestic travel policy has reduced the overall premium costs to budget and other travelers.
In the past, when traveling domestically, some people considered the cost of illness or accident to be low risk (compared to the premium payable) and opt not to take out a domestic insurance policy. Considering the relatively low cost of domestic travel insurance offered online it is now recommended that anyone traveling take out a policy to cover of illness, accident, loss of income and the like. It is a simple process to get online and compare the domestic travel policy options available to you. You can elect to take out basic cover or a more comprehensive policy which will insure you against not just medical and hospital costs but also a wide range of other activities.
You can tailor the policy to suit your needs – are you planning on hiking through Kakadu National Park? Are you going for surfing lessons at Bondi or are you just going to Melbourne Crown Casino for the long weekend? No matter the domestic destination there is a cheap domestic travel insurance policy for you. Often your plans for your holiday can change so it is also important to shop around for a deal that might take into account your spontaneous holiday desires such as rock-climbing out of town as a break from gambling at the Melbourne Casino. A comprehensive package is usually the best bet for those who know what activities they plan to get involved in and also those activities they may spontaneously decide to do once at the destination.
Online domestic insurance is readily available for families and singles and with some insurance companies the elderly or those with pre-existing medical conditions can also take out cover albeit that the premium you pay may be higher, because of the increased risk of a claim against the insurance company.
There are many cheap insurance policies out there. It is critical that you not only compare cheap insurance but also compare the type of coverage you get for the price. A basic policy with minimum cover will obviously be less than a comprehensive policy that covers many more activities. One last note worth mentioning is the existence of add on insurance. This type of insurance allows you to call your travel insurance company before you take on an extra activity, like skiing, so that you get cover before you hit the slopes.