As Year 12 students across the country excitedly prepare to wrap up high-school, many are also counting down to their end of year schoolies trip. While the Gold Coast and Byron Bay continue to be popular destinations for many young Australians, InsureandGo has found an increasing number of schoolies are heading overseas.
This year, travel insurance company InsureandGo, has seen that a high number of policies have been purchased for 17-19 year olds travelling in the November – December period to Asia topping the list at 37.30%, followed by NZ and The Pacific at 29.97%, Europe and America at 28.85% and within Australia at 2.07%*.Despite domestic travel still being a popular choice at this time, this does not reflect in the penetration of domestic travel insurance policies sold to this age group. This could indicate that schoolies may be travelling uncovered.
For many students it will be their first time travelling overseas alone without parental supervision, which is why InsureandGo is encouraging parents to take out a policy for their adventure seeking teens before they depart.
Mr Jonathan Etkind, Commercial Manager of InsureandGo said, “Parents always worry about their children and even more when their kids are travelling overseas alone, which is why it’s important to take out a policy before they depart. We know that many parents will still stress and worry, however, by taking out travel insurance, parents can have some piece of mind that their child will be covered in the event they lose their passport, get food poisoning, or get injured.”
In addition to taking out travel insurance for overseas trips, what many parents and schoolies don’t realise is that a domestic travel insurance policy can be taken out for students travelling within Australia. This can help cover the cost for the unforeseen cancellation of a trip, if the trip unexpectedly needs to be cut short, travel delays, or loss of personal belongings or baggage.
“We want young Australians to be safe on their schoolies travels. We know how hard they have worked and want them to have fun but be safe at the same time. You never know what can go wrong whilst overseas or even on an Australian trip, and it’s important for schoolies to make sure they’re insured before they depart,” concluded Mr Etkind.
*Supplied by InsureandGo