nib Essentials Policy
Budget travel insurance for Australians travelling overseas, with reduced levels of cover for just the essentials. Provides a low cost alternative when travelling light.
- Budget option for just the essentials, providing cost-effective cover
- Designed for travelling light, with reduced policy benefits and insured limits
- Still with unlimited cover for overseas medical and hospital expenses incurred as a result of an injury or illness
- Standard $250 excess applies, but can be reduced to either $150 or $0 if preferred
- Cooling off period of 21 days applies if you change your mind (provided no claims have been made and the policy hasn't commenced)
Budget travel insurance
The Essentials Plan has been designed to provide basic cover when travelling light, and covering the essentials. Policies include fewer reduced levels of cover for benefits like cancellation fees and luggage. Importantly though, policies still come with unlimited cover for overseas medical, hospital and ambulance expenses (subject to policy terms).
Policies are available to travellers under 70, and can be purchased up to 12 months in advance of the trip commencing. Accompanying children under 25 years if age and working less than 30 hours per week can be included on the policy at no additional cost provided that travelling with you on the same itinerary for the entire duration of your trip.
Additional options such as cover for snow sports and specified luggage are not available.
Policy benefits
Schedule of benefits |
Per adult |
| Cancellation and additional expenses | |
| Cancellation or holiday deferment costs | Chosen limit+ |
| Agents cancellation fees sub-limit | $2,000 |
| Emergency travel arrangements and accommodation expenses | $15,000 |
| Meals sub-limit (daily limits apply) | $500 |
| Emergency internet/telephone sub-limit | $250 |
| Medical expenses | |
| Overseas medical expenses | Unlimited^ |
Critical illness or injury – emergency travel expenses for a friend or relative sub-limit |
Not insured |
| Hospital compensation (daily limits apply) | $5,000 |
| Dental expenses due to sudden and accute pain | $1,000 |
| Medical evacuation and repatriation | |
| Medical evacuation and repatriation | $500,000 |
| Home services sub-limit | Not insured |
| Extra travel cover | |
| Travel delay (daily limits apply) | $1,000 |
| Missed connection - special events | Not insured |
| Resumption of trip | Not insured |
| Emergency accommodation due to terrorism (daily limits apply) | Not insured |
| Emergency expenses to avoid disaster | $1,000 |
| Early return home | $2,000 |
| Rental vehicle expenses | |
| Rental vehicle insurance excess | $2,000+ |
| Return of rental vehicle | $750 |
| Luggage | |
| Luggage and personal effects maximum limit | $5,000 |
| Individual item limit | $500 |
| Emergency luggage | $200 |
| Stolen cash | Not insured |
| Hiring replacement golf and surf equipment | Not insured |
| Replacement passports and travel documents | $1,000 |
| Fraudulent use of credit or debit cards | Not insured |
| Personal accident | |
| Accidental death | $10,000 |
| Accompanying children sub-limit | $1,000 per child |
| Funeral expenses overseas | $15,000 |
| Total permanent disability | Not insured |
| Loss of income (monthly limits apply) | Not insured |
| Personal liability | |
Personal liability |
$1,000,000 |
| Financial default of travel providers | |
| Financial default of travel service providers | $3,500 |
| + This is a limit per policy and is the most that the insurer will for all people on your Certificate of Insurance combined (per trip). ^ For up to 12 months after the illness first appears or injury first occurs. |
|
Waiting periods
Policies purchased while travelling
The Essentials Plan can be purchased after you have started travelling, however a waiting period of 72 hours would apply during which time there would be no cover under the policy. Cover under the policy will commence after the 72-hour waiting period has expired, and there will only be cover for events first occurring after the 72-hour waiting period.
Policies purchased more than 72 hours before the trip
Where an Essentials Plan is purchased more than 72 hours in advance of the trip departure date, cover under the Cancellation or holiday deferment costs section of the policy will be subject to a waiting period of 72 hours. Cover under the section will commence after the 72-hour waiting period has expired, and there will only be cover for events first occurring after the 72-hour waiting period.
No cover for existing medical conditions
There is no cover for existing medical conditions other than those listed as automatically covered in the product disclosure statement. Travellers who require cover for existing medical conditions should consider the Comprehensive Plan.
Arrange a policy online
Click through below to get a quote and arrange a policy online in a matter of minutes.
Get a quotePolicy terms and conditions apply, and can be found in the product disclosure statement.
