Travel Insurance
“Concerning” survey results from the Australian government website Smarttraveller this month shows one in six Australians traveled without any insurance on their last overseas trip. Even those who have insurance may not have been sufficiently covered, as over 80% of travelers did not properly read their policy product disclosure statement (PDS), an essential step for understanding what is and is not covered.
In a statement, the Insurance Council of Australia’s CEO, Andrew Hall, said these results mean “Australians are putting themselves at risk,” and that “personal responsibility plays a big part in your travel plans and it’s important to read…
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