Avoid costs from unexpected cancellations
Travellers are being urged to purchase travel insurance at time of booking to avoid hefty costs if unexpected cancellations occur.
SureSave has revealed that, of those who purchased travel insurance on their most recent international leisure trip, only 64% purchased it at the same time as booking their holiday. This means that 36% of travellers were left susceptible to losing out financially due to unexpected cancellations.
Insights uncovered by the annual ‘SureSave 2016 Travel Insurance Index’, involving 1,000 respondents in Australia, also showed 13.3% of travellers only purchase travel insurance ‘sometimes, when they visit destinations that might be risky’.
SureSave National Sales Director, Talbot Henry said, “w’re encouraging agents to remind travellers that, if they purchase insurance at the time of booking a holiday and they subsequently need to cancel due to unexpected circumstances, they are covered at any point between the time of booking and the departure date. Many customers don’t realise the major advantages of purchasing travel insurance at the first stage of the travel booking process, however it’s hugely beneficial as it can end up saving them thousands of dollars. For example, for those who don’t have travel insurance, and need to cancel a luxury cruise, it could prove to be a very costly exercise.”
Henry added that there was still a long way to go in terms of highlighting the importance of travel insurance.
Events you might not know you could be covered for under Cancellation:
- SureSave will provide cover under certain events, including these lesser-known scenarios:
- If a policy holder is made redundant from a full-time or part-time permanent position before their trip starts.
- If a policy holder has their pre-approved leave cancelled before the trip begins.
- If a policy holder’s travelling companion or someone at home becomes sick, injured or dies, including someone temporarily managing your business interests.
- If a policy holder’s home in Australia is damaged by a natural disaster, severe weather, or fire.
- If your travel services provider (airline, hotel, bus company, cruise ship etc) becomes insolvent.
Email the Travel Weekly team at traveldesk@travelweekly.com.au
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