Insurance

Australian travellers extra involved about well being and security post-COVID-19

Among the many 92% of Australians planning to journey inside Australia or abroad over the following two years, 75% have been extra involved about well being and security when travelling, 89% claimed a vacation spot’s COVID-19 report will affect their determination to journey there, 80% thought of journey insurance coverage a excessive precedence for worldwide journey, and 65% noticed home journey insurance coverage a excessive precedence.

“COVID-19 has impacted the best way we strategy journey, together with our technique of planning our holidays. It has made us extra conscious now than ever of the issues that would probably go incorrect throughout our travels and the significance of planning for these unexpected circumstances as a lot as we will,” stated SCTI CEO Jo McCauley. “That is turning into significantly evident in our enterprise. We’re seeing an actual shift in notion across the significance of journey insurance coverage amongst our clients. Previous to the pandemic, journey insurance coverage was one thing a few of our clients would buy on the final minute with restricted understanding of what they have been and weren’t lined.”

Learn extra: Southern Cross reveals high 10 most costly home journey insurance coverage claims

SCTI discovered a distinction in journey perceptions between the youthful and older generations. For instance, just one in three (33%) of 18 to 24-year-olds claimed to be extra involved about well being and security when reserving a visit, and two-thirds (64%) stated a vacation spot’s COVID-19 report won’t play a significant position of their determination to journey there. They’re additionally much less prone to take the identical precautions as older generations, with one in three (36%) not contemplating journey insurance coverage a excessive precedence for worldwide journey.

“The analysis does reveal some fascinating generational variations. Particularly, the youthful era’s extra relaxed strategy to journey, which differs considerably from older generations. This age group [is] probably to take the chance to journey now that worldwide borders are starting to open the world over,” McCauley stated. “Nonetheless, what’s barely regarding is that the information does point out that this age group is probably not taking the identical precautions as older generations when planning a vacation, subsequently leaving them extra uncovered to elevated threat of hurt or pricey errors right here and abroad.”

SCTI urges travellers – no matter age and well being – to take out journey insurance coverage as a result of “you by no means know what would possibly occur, and it is higher to be ready than to be left feeling regretful and with an enormous invoice to pay.”  

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