Budget travel insurance for Australians travelling overseas, with reduced levels of cover for just the essentials. Provides a low cost alternative when travelling light.
The QBE Budget Policy provides low cost travel insurance for the essentials when not prepaying a lot for the trip and not taking much luggage. Travel Plans A and B are available to travellers who are under 70, and Travel Plan C is available to travellers who are under 80.
Policies can be booked up to 12 months prior to the trip departure date, and must be booked before the trip commences. Travellers must also be in Australia at the time the policy is issued (cover is not available if already overseas).
A maximum of two adults can be listed on any one policy with accompanying children covered at no additional cost, and there is no provision to suspend the policy once it has commenced.
The QBE Budget Policy has been designed to provide basic cover when travelling light. Policies include fewer total benefits and 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). Additional options such as cover for snow sports and specified luggage are not available.
Schedule of benefits
|Cancellation or holiday deferment costs||$15,000|
|Emergency travel arrangements and accommodation expenses||$15,000|
|Agents cancellation fees||$1,500|
|Medical and dental expenses||Unlimited|
|Hospital compensation (daily limits apply)||$5,000|
|Medical evacuation and repatriation||$500,000|
|Rental vehicle insurance excess||$2,000|
|Luggage (item limits apply)||$5,000|
|Individual item limit||$500|
|Replacement passports and travel documents||$1,000|
|Funeral expenses overseas or repatriation of remains||$25,000|
|Financial default of travel service providers||$3,500|
|Financial default of listed wholesalers||$2,000|
Three areas of coverage apply when purchasing a budget policy. It is necessary to select the applicable travel plan based on where you will spend the majority of the trip. Travel Plan A must be selected if you will be spending more than 72 hours in the United States, Canada or Antarctica over the course of the trip.
|Travel Plan A||USA, Canada and Antarctica|
|Travel Plan B||
Continental Europe, Middle East, Japan, Central and South America and Africa
Not available if spending 72 hours or more in the USA, Canada or Antarctica
|Travel Plan C||
UK, Asia (excluding Japan), Tahiti, Indonesia, New Zealand and the Pacific Region
Not available if spending 72 hours or more in the USA, Canada or Antarctica, or if spending the majority of the trip in Travel Plan B destinations
|Download list of destinations|
There is no cover for existing medical conditions other than those listed as automatically covered on pages 44-45 in the product disclosure statement. Travellers who require cover for existing medical conditions should consider the QBE International Comprehensive Policy.
The QBE Budget Policy is available for trips of almost any duration, from as short as a few days to as long as 2 years. Policies can be extended as many times as you like, providing complete flexibility if you are unsure how long you will be away. When initially purchasing a policy, a maximum duration of 1 year applies, but this can be extended for another year to a total duration of 2 years. Where a claim has been made, approval may be required before extending (approval can be arranged online).
Copyright © 2017 Travel Insurance Cover Australia ABN 88 605 310 709. Distributing QBE policies online since 2008.