nib logo

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)
Get a quote
Couple on an overseas trip

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 quote

Policy terms and conditions apply, and can be found in the product disclosure statement.

Visa, Mastercard and American Express accepted