Travel Insurance Saver

About Travel Insurance Saver

Australian owned and operated, Travel Insurance Saver is an online agent offering travel insurance policies at discount rates. Policies are underwritten by the Australian branch of XL Insurance Company SE.

Rates and fees verified as correct at 02 October, 2020. Other information correct at the time of writing.

Travel Insurance Saver travel insurance policies

At Travel Insurance Saver, you’ll find a range of policy options, running the gamut from international comprehensive cover including unlimited medical evacuation cover, to bare essentials. There is also a multi-annual trip option for if you plan to travel frequently. Check out our table of travel insurance policies for all the options:

What should I know about Travel Insurance Saver policies?

What your policy covers

The specifics of what your policy covers will depend on the plan and cover type you decide on. Here are a few of the benefits you can expect to have covered with most Travel Insurance Saver policies:

• Cancellation or holiday deferment
• Agent's cancellation fees
• Medical and dental costs
• Medical evacuation and repatriation
• Travel delay
• Luggage and personal items
• Accidental death
• Personal liability

What pre-existing medical conditions are covered

A Travel Insurance Saver comprehensive travel insurance policy will automatically a whole slew of pre-existing medical conditions, including asthma, anemia and high blood pressure. Bare Essentials or Essentials packages do not cover pre-existing medical conditions at all. You can still take out one of these policies if you have a condition, but you won’t be covered for anything relating to that condition.
Some conditions also have special rules - for example, asthma is covered, but only if you are under 60 years of age and have not required hospitalization or medications other than your puffer or inhaler for the last 12 months.

Check out Mozo’s guide for travel insurance that will cover your pre-existing medical condition for extra information.

What medical assistance you will receive

It can be incredibly stressful when you find yourself needing medical attention while overseas. Your Travel Insurance Saver policy can make it simpler by providing services such as:

• Assessing and monitoring of illness or accidents
• Emergency medical evacuation and repatriation
• Arranging payment of medical and hospital bills
• English interpretation in overseas hospitals

You may also be able to claim back costs of medical attention incurred overseas, although there are some conditions which are specific to the type of travel insurance plan you take out. For example, only Comprehensive and Multi-annual policies will cover post-hospital accommodation, or the costs of a friend or relative to fly out and stay with you while you are in hospital.

The age limit

If you are under 70 years of age you should be able to take out a Travel Insurance Saver policy. If you are 70 or over, you will need to fill out a medical appraisal form when you apply and nib may or may not choose to cover you.
There are also certain conditions that apply to travellers 60 years or over regarding particular medical conditions or how far in advance you are able to buy your travel insurance policy. Depending on your individual circumstances your age may affect the premium you will need to pay.

Travelling with dependents

Travelling with family can bring about a whole new set of challenges, but Travel Insurance Saver makes it easier by covering dependents for free under your travel insurance policy. To qualify as a dependent, they’ll need to be:

• Your child or grandchild (including step children), niece or nephew
• Under 25 years old
• Not employed full time
• Travelling with you for the duration of the trip

Cancelling your Travel Insurance Saver travel insurance policy

In case you decide your travel insurance policy isn’t the one for you, Travel Insurance Saver offers a 21 day cooling off period, during which you can cancel your travel insurance policy for a full refund. This only applies as long as you haven’t started your trip or made any claims on your policy and it doesn’t apply to extensions on your policy either. 

You’ll still be able to cancel the policy after the 21 day period, but you won’t be refunded any part of your premium.

What optional travel insurance cover does Travel Insurance Saver offer?

Snow Sports Cover

If you’re travelling to New Zealand, snow sports cover is free of charge. Otherwise, you can opt for Travel Insurance Saver’s snow sports cover to protect you while you hit the slopes. For an extra premium, you can be covered for benefits like ski run closure, ski lift passes and rental of replacement ski equipment if yours is damaged or stolen.

If you’re heading to the snow on your next trip, check out Mozo’s dedicated guide on finding snow travel insurance.

Specified Item Cover

If you’re taking an item with you - say a piece of jewellery or an electronic gadget - that's worth more than the limit on your policy, you can insure it for extra value. You will pay an extra premium dependent on the item’s value, but if it's lost, stolen or damaged, the original limit for what you can claim will not apply to that item.

Additional Rental Vehicle Insurance Excess Cover

If you’re going to be renting a car, campervan, motorcycle or boat, it may be worth increasing your cover for rental vehicle accident or theft for an extra premium.

A quick guide to the fine print of Travel Insurance Saver travel insurance policies

To make the most of your Travel Insurance Saver policy, remember to read the fine print and know what’s included, excluded and if there are any tricky conditions that apply to you. Some of these things can be very important and mean the difference between your claim being approved or denied. So here’s a few quick tips about what to look out for in your Travel Insurance Saver travel insurance policy:

• If you are significantly delayed for reasons beyond your control - for example, your flight is grounded - then you should get an official record of this. Not only can you be compensated for the cost of alternate tickets or missing connecting flights, but you can also claim the cost of meals or accommodation you have to buy because of the delay.
• BUT, keep in mind that if you can claim compensation elsewhere, for example from the airline, then you can’t claim the same amount on your travel insurance policy.
• If you have to go to the hospital or need medical assistance during your trip, make sure you get a medical certificate and retain any receipts.
• Make sure you have proof of ownership and value on personal items you're carrying with you. The best way to ensure you have this is to keep receipts for any expensive items, like electronics or jewellery, that you may be taking on your trip. The same applies for anything you buy while abroad - hold on to those receipts!
• If something is lost or stolen during your trip, make sure you make a report with police or local authorities within 24 hours. Remember to get an official record of the police report to include with your claim later.
• Provided you haven’t had any complications with your pregnancy and you aren’t past the 26th week, pregnancy is considered a pre-existing medical condition under Travel Insurance Saver’s travel insurance policies and is covered automatically at no extra charge. Take a look at Mozo’s handy guide for more information on finding travel insurance for pregnant women.

How do I make a claim with Travel Insurance Saver?

So you're up with the finer points of what makes a claim successful or not, but how do you make the claim? Here are a few steps to follow if you do have to make a claim against your Travel Insurance Saver travel insurance policy.

• Gather all your details. This includes your personal details, travel details and the details of your travel insurance policy. Having these at hand will make the process a lot smoother and quicker.
• Use the nib online claim lodgement system to submit your claims form or download a form, fill it out and send it to nib via post.
• Make sure you include all relevant information, including receipts or official statements with your claim. If you don’t it could mean delays or even a reduced payment.
• You should receive an acknowledgement that nib have received your claim if you submit online, and a reply to your claim within ten business days.

Remember: You must submit your claim within 30 days of returning to Australia for it to be considered.

For more information on making travel insurance claims, check out our handy guide.

Compare Travel Insurance Saver with other Travel Insurers

There are heaps of options on the market for quick, affordable travel insurance policies, so there’s no sense in rushing! After all, this is an important part of your next big trip.
To help you check out all your options before you make a decision, Mozo have developed an easy to use travel insurance comparison tool. All you have to do is fill in your travel dates, destination and how many people are going and you can have a quick and easy comparison of the best travel insurance policies available to Aussies today.

Remember to drop by our travel hub for some helpful articles, tips and tools to plan a money savvy holiday and don’t forget to check out our Best $20 I ever spent series for some tips from real world travellers on their favourite ways to spend a cheap day overseas.