Best Travel Insurance 2018

Congratulations to the winners of Mozo Experts Choice Awards for the best travel insurance 2018. If you’re after travel insurance for your next overseas trip, this winners list is a great place to start your search.

Experts choice awards hero 2018

What are the Mozo Experts Choice Awards?

The Mozo Experts Choice Awards recognise products that offer customers the very best in the market.

The Exceptional Value awards recognise travel insurance policies that are among the best-priced for the cover they offer. For these awards, we obtained a range of quotes on 271 different travel insurance policies encompassing Basic cover, Comprehensive cover, Annual travel policies, and policies that cover you for cruises and winter sports.

The Exceptional Quality awards recognise premium travel insurance products that offer the very highest levels of protection and benefits. We examined 60 different travel insurers, comparing a wide range of features including the generosity of cover limits, activities covered and policy exclusions.

For details on how we crunched the numbers and determined our winners see our Travel Insurance methodology report.

Travel Insurer of the Year: World2Cover

With an impressive win in every single Mozo Experts Choice Awards Travel Insurance Category, World2Cover has taken out the Travel Insurer of the Year crown for 2018. Whether you are looking for Basic or Comprehensive cover, going on one trip or many, even heading off on a cruise or to the snow, World2Cover’s travel insurance policies are great value according to the Mozo Money Experts. To top it off, their single trip and annual Top cover products also achieved a rare double - winning Exceptional Value awards for their affordable pricing AND Exceptional Quality awards for having some of the best cover in the market.

Exceptional Value Basic

Budget Direct - Last Minute

Unlimited

 

$2,500

Per Person

No

 

Excellent basics cover for things you really want and need when overseas like unlimited medical and luggage cover. Great value overall according to Mozo analysis, particularly if travelling to the UK.

Go Insurance - Go Basic - Base

Unlimited

 

Optional

 

Optional

 

Unlimited medical as standard plus the option to add cover options according to your needs and budget.

itrek - Trekker

Unlimited

 

No

 

$20,000

Per Policy

The only basic policy in our winners list where cancellation cover comes standard in addition to unlimited medical cover. Not only for trekkers, all travellers under the age of 65 can apply for the iTrek wanderer policy.

Woolworths - Saver Travel Insurance

Unlimited

 

$2,000

Per Policy

No

 

Cover for the bare travel essentials like unlimited medical and personal luggage at an affordable price. Great value for travel to Bali according to our analysis.

World2Cover - Basics

Unlimited

 

$4,000

Per Policy

No

 

In addition to unlimited medical and overseas dental, the Basics policy has automatic cover for overseas funeral expenses and selected pre-existing conditions including Asthma, Diabetes and Allergies. Must be under 75 years of age.

Exceptional Value Comprehensive

Southern Cross Travel Insurance - Single Journey

Unlimited

 

$50,000

Per Policy

$100,000

Per Policy

Dependent children are covered free of charge. Includes as standard travel delay cover and rental car excess. A lower level of personal liability than some comprehensive policies but the best among the Mozo Experts Choice Award winners for cover for damaged, lost and stolen items.

Webjet - Comprehensive

Unlimited

 

$20,000

Per Policy

Unlimited

 

Good value overall policy that provides protection against unexpected events like trip cancellation, hospitalisation, lost or stolen luggage. Includes the option of additional cover for sports activities and pre-existing conditions.

World2Cover - Essentials

Unlimited

 

$15,000

Per Policy

$50,000

Per Policy

We found World2Cover's products to be so good, that even their mid-range 'Essentials' product snuck into our Comprehensive awards category. But it's probably worth weighing up whether to upgrade to their Top cover, which also won for Exceptional Value.

World2Cover - Top

Unlimited

 

$30,000

Per Policy

Unlimited

 

World2Cover's Top product is the only single trip travel insurance that was awarded both an Exceptional Value award for being affordably priced AND an Exceptional Quality award for having some of the best cover in the market. Enough said.

Exceptional Value Annual

Budget Direct - Annual Multi-Trip

Unlimited

 

$7,500

Per Person

Unlimited

 

Comprehensive cover for an unlimited number of overseas trips within 12 months. Maximum duration for any one trip is 30 days.

InsureandGo - Annual Multi-Trip Gold

Unlimited

 

$8,000

Per Person

Unlimited

 

Covers you for unlimited international trips over a 12 month period. Flexibility to choose from 30, 45, or 60 day options. Cover for up to 100 years of age and all pre-existing conditions considered as optional cover.

World2Cover - Annual Multi-Trip

Unlimited

 

$15,000

Per Person

Unlimited

 

A worldwide plan covering unlimited trips within a 12 month period to all non-restricted countries. The length of any one trip cannot exceed 30 days.

Exceptional Value Cruise

Simply Travel Insurance - Comprehensive

Unlimited

 

$15,000

Per Policy

Unlimited

 

Comprehensive cover with generous limits. Available for to Australians of all ages. If going on a cruise, be sure to list all countries that the ship will visit so that you are covered for that country.

Southern Cross Travel Insurance - Single Journey

Unlimited

 

$50,000

Per Policy

$100,000

Per Policy

Cruise cover is standard with Southern Cross Travel Insurance. Generous luggage cover and loss of income cover should you get injured while away and can’t resume your job on return.

Travel Insurance Saver - C Travel Plan (Comprehensive)

Unlimited

 

$30,000

Per Policy

Unlimited

 

Cruise cover is automatically included at not extra cost. Dependent children up to 20 years of age are covered free.

World2Cover - Essentials

Unlimited

 

$15,000

Per Policy

$50,000

Per Policy

Cruise cover is automatic with the policy as long as you list all countries you’ll be travelling to. Be sure to review the cover limits to ensure that you’ll have the level of cover you’ll need for the time and destination you’re visiting.

World2Cover - Top

Unlimited

 

$30,000

Per Policy

Unlimited

 

Highest level of cover. Covers cruises automatically for you and any dependents travelling with you listed on the policy.

Exceptional Value Ski

RACV - Extra Travel Care

Unlimited

 

$7,500

Per Person

$25,000

Per Person

Covered for any Medical and hospital fees that are incurred following an accident that takes place on the slopes plus a range of ski related activities and events such as ski equipment hire, piste closure, bad weather and avalanche and lost or stolen lift passes.

Southern Cross Travel Insurance - Single Journey

Unlimited

 

$50,000

Per Policy

$100,000

Per Policy

Ski and snow cover is included at no additional cost. No off-piste cover, must be within designated commercial ski area. Medical and hospital cover only, does not cover for damage to equipment whilst in use.

World2Cover - Essentials

Unlimited

 

$15,000

Per Policy

$50,000

Per Policy

In addition to standard Essentials policy cover, the purchase of winter sport cover includes the loss, theft or damage to ski equipment or lift pass, piste closure due to bad weather, outward journey delay due to avalanche or bad weather, if ill or injured, refund of unused lift pass, lesson and ski hire.

World2Cover - Top

Unlimited

 

$30,000

Per Policy

Unlimited

 

Winter sports cover includes the loss, theft or damage to ski equipment or lift pass, piste closure due to bad weather, outward journey delay due to avalanche or bad weather, if ill or injured, refund of unused lift pass, lesson and ski hire. This is in addition to the cover you get for as part of the Top cover policy.

Exceptional Quality

Cover-More Travel Insurance logo
Cover-More Travel Insurance - Premium Single Trip
  • Unlimited medical, surgical, nursing, ambulance and emergency dental expenses

  • Flexible cancellation cover tailored to your needs

  • $15,000 per person luggage and travel documents cover

If quality of cover is more important to you than the cost of your premium, the generous cover limits of Covermore’s Premium Single Trip insurance is worth taking a close look at according to Mozo’s money experts. In addition to unlimited medical and hospital cover, it has more generous cover than many other insurer’s policies for common travel mishaps like lost or damaged luggage, cancellations and rental car excess cover, through to some of the less common but equally important ones like loss of income, accidental death and personal liability. Flexible options allow you to select excess amount and cover limits to reduce the premium or add on more cover if you need extra for things like pre-existing conditions.

Qantas logo
Qantas - International Comprehensive
  • Unlimited medical and dental expenses

  • Unlimited cancellation, additional accommodation and travel expenses

  • $15,000 luggage and personal effects cover

The quality of travel insurance cover on offer from Australia’s leading airline demonstrates its understanding of overseas travel mishaps and the level of cover that you’re likely to want or need if something were to happen. With high or unlimited cover limits for medical, cancellation and luggage, it also has $5000 rental car excess cover, personal liability, loss of income as well as accidental death and repatriation cover. Amateur sports cover included automatically for sports that are often excluded with cheaper basic policies such as scuba diving, bungee jumping, white water rafting and surfing. Available up to the age of 69.

STA Travel logo
STA Travel - Comprehensive
  • Unlimited medical and dental cover

  • Automatic cover for extensive list of activities

  • Unlimited amendment or travel cancellation costs

For anyone between the age of 15 to 79, the quality of cover provided by STA travel insurance made it an award winner in our money experts’ eyes. Not only do you get great benefits cover for medical, luggage and trip cancellation, there is an extensive list of activities automatically covered that would suit young and older travellers alike, including hot air ballooning, on piste skiing and snowboarding, mountain biking and zip-lining. Includes automatic cover for a range of pre-existing conditions including single pregnancy up to 23 weeks. Rental car excess cover is available at an additional charge.

Travel Insurance Saver logo
Travel Insurance Saver - International Comprehensive
  • Unlimited medical and dental

  • Unlimited cancellation

  • Automatic cover for 32 pre-existing medical conditions

A well-rounded suite of cover limits for key travel insurance benefits like medical, luggage and cancellation earn Travel Insurance Saver's International Comprehensive plan top marks for exceptional quality. Cruise cover is automatic, as is rental car excess cover, and if you are hospitalised there is a cover to allow a companion to join you by your hospital bed up to $20,000. 32 pre-existing medical conditions including pregnancy related illnesses for the mother (up to 26 weeks gestation) are included as part of the standard cover.

World2Cover logo
World2Cover - Top
  • Only policy awarded exceptional value and exceptional quality accolades

  • Luggage loss, theft or damage up to $15,000 per person

  • Unlimited medical and evacuation, cancellation fees and lost deposits

According to our Money Experts analysis, not only does World2Cover's Top policy have quality of cover, it has it at a lower price tag than many other insurers also making it exceptional value. In addition to features like unlimited policy limits for medical, cancellation, additional accommodation and travel expenses, its accidental death and funeral expense cover, public liability and rental car excess cover are also among some of the higher limits available. Selected pre-existing conditions are included and optional cover is available for other medical conditions after assessment. Available for travellers up to the age of 75.

Cover-More Travel Insurance logo
Cover-More Travel Insurance - Premium Annual Multi-Trip
  • Worldwide cover for a year, multiple trips up to 30 days at a time

  • Unlimited medical, surgical, nursing, ambulance and emergency dental expenses

  • Flexible cancellation cover tailored to your needs

If you’re a frequent traveller looking for quality of cover for multiple overseas trips within a 12 month period, the generous cover limits of Covermore’s Annual Multi-trip policy is worth considering at according to Mozo’s money experts. See the above Covermore listing for more detail on general policy benefits.

Qantas logo
Qantas - Annual Multi Trip
  • Unlimited international trips for 12 months, up to 60 days at a time

  • Unlimited medical and dental expenses

  • Unlimited cancellation, additional accommodation and travel expenses

The quality of multi-trip travel insurance cover on offer from Australia’s leading airline will give you peace of mind when gallivanting around the world. Maximum trip duration is a leisurely 60 days. See the above Qantas listing for more detail on general policy benefits.

Travel Insurance Saver logo
Travel Insurance Saver - Annual Multi-trip
  • Cover for a year with a long 60 day maximum trip duration

  • Unlimited medical and dental and cancellation

  • Automatic cover for 32 pre-existing medical conditions

Got bitten by the travel bug and have multiple overseas trips planned? Travel Insurance Saver's Annual Multi-trip plan gets top marks for exceptional quality. With a maximum trip duration of 60 days and worldwide cover for a year you can rest easy. See the above Travel Insurance Saver listing for more detail on general policy benefits.

World2Cover logo
World2Cover - Annual Multi-Trip
  • Unlimited trips within a 12 months period, up to 30 days duration

  • Luggage loss, theft or damage up to $15,000 per person

  • Unlimited medical and evacuation, cancellation fees and lost deposits

Frequent travel on the horizon? If you’re planning multiple overseas trips of less than 30 days each, World2Cover's Annual Multi policy will save you compared to buying single trip insurance for each trip. See above World2Cover listing for more detail on general policy benefits.

Judging Criteria

The Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers and have been running since 2014.

Travel insurers don’t pay to be in the running and we don’t play favourites. Our Judges base their decision on hard-nosed calculations of value and quality, using Mozo’s extensive product database and research capacity.

Experts Choice Awards are awarded only to the top products that meet the selection criteria in each awards category.

FAQs:

Did you compare all travel insurance policies in the market for these awards?

No, but we certainly made an effort to compare as many international travel insurance policies and travel insurers as possible that are available for Australians. The total number of quote data compared for the Exceptional Value awards was 271 policies and the top cover from 60 travel insurers for the Exceptional Quality awards.

What were the minimum criteria in each category?

To be considered for an Exceptional Value award for Basic products, an insurance policy simply needed to have unlimited overseas medical cover. To be considered for the Comprehensive award and for the Ski, Cruise and Annual categories, they needed unlimited medical, at least $7,500 of luggage cover per traveller and at least $15,000 cancellation cover per traveller.

What quotes did you use to judge the best value products?

Value for Basic and Comprehensive products was judged on the average cost over 4 different destinations for a family of 4 travelling for 14 days. Cruise and Ski cover was judged based on quotes for a single destination (Japan and South Pacific, respectively). Annual products were judged on a 12 month plan for a single traveller taking trips of up to 30 days each. Price variations for Seniors were not considered.

How do I find the cheapest travel insurance policy for me?

If you’re after a low cost option travel insurance option for your next overseas holiday a good place to start is to review our winners list for the Exceptional Value awards. Our experts crunched the data on a range of customer scenarios and these were the insurers and plans that came out the cheapest.

The cost of travel insurance depends on a number of factors including the length of your trip, age of travellers and destination. Many insurers also have additional cover options for things like sports cover and pre-existing conditions. These may increase the cost of insurance. To get tailored quotes based on your travel needs, try our Travel Insurance Search Tool.

Who are Mozo’s experts?

Our research team is headed by our Data Services Director and our Product Data Manager who have over 50 years of combined financial services experience and 22 years in online financial comparison.

I work for an insurer, how do we promote our win?

Please get in touch with us to discuss by emailing or phoning our advertising sales team on 02 9037 4368.