Travel Insurance Saver is a comprehensive travel insurance offering for Australians, especially those looking for medical cover. Its unlimited medical cover includes dental and COVID-19 cover, which makes the policy standout from competitors. With no maximum age limit, the policy could be well-suited to elderly travellers who may be more prone to accidents.
Pros
- No maximum age limit
- Unlimited medical cover that includes dental and COVID-19 medical expenses
- 24/7 Emergency Assistance team
Cons
- Low customer reviews
- Lost luggage only covered to $10,000
- 10% discount is only available to NIB members
Table of Contents
About Travel Insurance Saver
Travel Insurance Saver is a travel insurance company underwritten by NIB, offering Australians both domestic and international travel insurance policies. The company is an authorised representative of NIB Travel Services (Australia).
While the specific Travel Insurance Saver plan has not been reviewed by customers on ProductReview, underwriter NIB Travel Insurance has received an average star ranking of 1.3 stars out of 5 from 75 reviews.
Featured Partners
1
Fast Cover Travel Insurance
Medical cover
Unlimited, 24/7 Emergency Assistance
Cancellations
Unlimited, (Trip Disruption $50,000)
Key Features
25-Day Cooling Off Period, Australian Based Call Centre, 4.6 Star Product Review Rating
2
Cover-More Travel Insurance
Medical cover
Unlimited, with a $2000 limit to dental
Cancellations
Yes, amount chosen by customer
3
Southern Cross Travel Insurance
Medical Cover
Including medical treatment, doctors’ visits, prescribed medication, specialist treatment & medical transport costs
Cancellations
$2,500 with option to increase to unlimited
What is Covered
The Travel Insurance Saver travel insurance policy is available to all ages, with no maximum age limit for taking out coverage. Accompanying children are also automatically covered along with the policyholder up to 25 years of age, provided they are working less than 30 hours per week and are travelling with you for the entire trip.
Personal liability up to $1 million is covered on the plan, alongside credit card fraud up to $3,000. Cancellations are also covered with the amount chosen by the customer when taking out the policy.
While the Travel Insurance Saver policy doesn’t provide cover for missed connecting flights, it does provide cover if you miss a connection en route to a special event. That cover is up to $2,000 which can be used for additional transport to get to your special event on time.
Lost luggage
Yes, lost luggage is covered by the Travel Insurance Saver travel insurance policy. The maximum claim is up to $10,000, and a sub limit applies of $4,000 for one item.
Medical
Travel Insurance Saver covers unlimited overseas medical expenses, including certain Covid-19 cover (as explained below) and some pre-existing medical conditions.
There are 40 pre-existing conditions that are automatically covered–provided certain criteria are met–with the conditions including epilepsy, sleep apnoea, iron deficiency and many more.
Other conditions require medical assessment to determine if cover can be offered, which would also be at an additional cost to the travel insurance premium.
Is Dental Cover Included in Medical?
Yes, the Travel Insurance Saver travel insurance policy includes emergency dental expenses within its unlimited medical cover. For dental expenses due to sudden and acute pain cover is offered up to the value of $1,000.
Does it Cover Me for Covid-19?
Yes, medical expenses required as a result of Covid-19 are covered under the unlimited overseas medical cover. Some additional expenses are also covered if you are diagnosed while overseas and are required to isolate, This may include accommodation expenses.
Cancellations are also covered due to contracting Covid-19.
What About Pregnancy?
Pregnancy is covered up until week 26. However, pregnancy-related illnesses are treated like pre-existing medical conditions, meaning customers need to apply and meet certain criteria in order to receive cover.
What about Sports and Activities?
Travel Insurance Saver doesn’t specify which activities it covers, as its website claims that generally, most activities are. There are some specific activities that are excluded, which are:
- Hunting
- Polo
- Racing (except on foot)
- Mountaineering using support ropes
- Paragliding
- Rock climbing
- Abseiling
- Base jumping
- Running with the bulls
- Potholing
There are some activities which are only covered pending certain conditions, too. This includes diving, which is only covered if you hold an open water licence or if you are diving under the supervision of a licensed instructor.
Motorcycle riding is also only covered if the motorbike is under 250 CC, you are wearing a helmet and you hold a full licence in both Australia and the destination country.
In terms of snow sports, there is an option to add the snow cover extra onto your policy. The snow sports that are covered by this add-on are snow skiing and snowboarding on and off piste, backcountry skiing and snowboarding, snowmobiling, tobogganing; cross-country skiing, and telemark skiing.
Customer Service
Travel Insurance Saver has a 24/7 Emergency Assistance team available to provide help to customers worldwide, helping policyholders in the event of an emergency including to liaise on their behalf with the in-house medical team.
Along with the 24/7 emergency line, there is another phone line for non-urgent enquiries which is available Monday to Friday, 8:30am to 6:00pm.
Travel Insurance Saver also has a customer service email and an online contact form. Plus, if you need to make a claim, you can do so online–anywhere, at any time.
Who Should Take Out This Insurance?
Due to its unlimited medical cover and lack of age limit, Travel Insurance Saver may be most suitable to older travellers who are at higher risks of accidents and more prone to contracting illnesses. It also has great cover for Covid-19-related medical needs, including the cancellation of a trip due to contracting the virus.
Featured Partners
1
Fast Cover Travel Insurance
Medical cover
Unlimited, 24/7 Emergency Assistance
Cancellations
Unlimited, (Trip Disruption $50,000)
Key Features
25-Day Cooling Off Period, Australian Based Call Centre, 4.6 Star Product Review Rating
2
Cover-More Travel Insurance
Medical cover
Unlimited, with a $2000 limit to dental
Cancellations
Yes, amount chosen by customer
3
Southern Cross Travel Insurance
Medical Cover
Including medical treatment, doctors’ visits, prescribed medication, specialist treatment & medical transport costs
Cancellations
$2,500 with option to increase to unlimited
Frequently Asked Questions (FAQs)
Who underwrites Travel Insurance Saver?
Travel Insurance Saver is underwritten by NIB. The company is part of NIB’s travel insurance business, with all policies from Travel Insurance Saver underwritten by NIB.
Is there a Travel Insurance Saver discount code?
At the time of writing, there is no Travel Insurance Saver discount code available to the general public. However, there is a 10% discount available to existing NIB customers.
Where can I find the Travel Insurance Saver PDS?
The Travel Insurance Saver PDS can be found on the NIB website here.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
