Travel Insurance Australia: The Best Policies for Aussies in 2025

For Aussies planning an overseas trip, securing reliable travel insurance is as essential as packing a passport. Medical emergencies, flight cancellations, lost luggage, and unexpected accidents can turn a dream holiday into a financial nightmare. This guide compares the best travel insurance Australia options, analysing coverage, costs, exclusions, and customer satisfaction. Whether you need a single-trip policy, family cover, or long-term backpacker insurance, we’ll help you find the right travel insurance for your needs. FYI – This is a non-sponsored post!

Best Travel Insurance Australia Providers (2025 Comparison)

1. Cover-More (Australia) – Best for Comprehensive Cover

✅ Pros:
– Top-rated by Australian travellers (Canstar award winner).
– Covers COVID-19 medical costs and cancellations.
– 24/7 emergency assistance.
– Optional add-ons for adventure sports.

❌ Cons:
– Slightly more expensive than budget insurers.
– Some exclusions for pre-existing conditions.

Best for: Travellers wanting reliable, all-inclusive travel insurance with strong customer support.

2. Allianz (Global) – Best for Frequent Flyers

✅ Pros:
– Covers unlimited medical emergencies.
– Offers annual multi-trip policies.
– Strong financial backing (trusted global insurer).

❌ Cons:
– Adventure activities require extra premiums.
– Mixed reviews on claim delays.

Best for: Business travellers and frequent flyers needing flexible travel insurance. 

3. SafetyWings (International) – Best for Digital Nomads & Long-Term Travel

✅ Pros:
– Affordable monthly subscriptions (from ~$45/month).
– Covers COVID-19 as any other illness.
– No home country requirement (great for expats).

❌ Cons:
– Lower luggage cover than competitors.
– No cancellation cover for basic plans.

Best for: Backpackers, remote workers, and long-term travellers needing flexible travel insurance Australia.

4. World Nomads (Australia) – Best for Adventure Travellers

✅ Pros:
– Covers 200+ adventure activities (surfing, trekking, skiing).
– Strong theft coverage (electronics, cameras).
– Good for last-minute bookings.

❌ Cons:
– Expensive for basic medical-only plans.
– Some complaints about claim approvals.

Best for: Thrill-seekers needing specialist travel insurance Australia for extreme sports.

5. InsureandGo (Australia) – Best Budget Option

✅ Pros:
– Cheap premiums (policies from ~$30 for short trips).
– COVID-19 medical cover included.
– Fast online claims.

❌ Cons:
– Lower medical limits than premium insurers.
– Excess fees can be high.

Best for: Budget-conscious travellers looking for basic travel insurance Australia.

Key Factors When Choosing Travel Insurance Australia

1. Medical Coverage – At least $500,000 for the USA/Canada.
2. Adventure Activities – Many policies exclude skiing, scuba diving, etc.
3. Pre-Existing Conditions – Some insurers charge extra or exclude them.
4. Excess Fees – A $200 excess per claim can add up.

Final Verdict: Best Travel Insurance Australia

Best Overall: Cover-More (reliable, high coverage).
Best for Backpackers: SafetyWings (flexible monthly plans).
Best for Adventure: World Nomads (covers extreme sports).

How to Save on Travel Insurance Australia

• Compare policies on Compare the Market.
• Opt for higher excess to lower premiums.
• Check credit card perks (some include free insurance).
• Download Tengah and compare all travel costs for bartered goods and services when overseas so you never get ripped-off again!

Bottom Line

Don’t risk travelling without travel insurance. Compare policies, read the fine print, and pick one that matches your trip’s needs. Safe travels!

Need More Help?

• Visit Choice’s travel insurance guide.
• Read ProductReview.com.au for customer ratings.