The new product will help bring peace of mind to travellers as they resume exploring in their own backyard.
Travel Insurance Direct has today announced a new travel insurance product, which includes plans which offer cover for some Coronavirus (COVID-19) related events, such as if travellers are diagnosed with Coronavirus on their journey, as it resumes selling travel insurance policies in Australia.
With interstate borders re-opening the new product will support travellers looking to book trips both domestically now and internationally in the future with the desire to travel remaining strong among Aussies.
Travel Insurance Direct CEO, Anna Gladman, said there was significant pent-up demand for travel with a recent survey* showing almost 70% of travellers intend to travel domestically in the next 12 months.
“For most of us our long-awaited trips to visit family or tick off some must see destinations on our bucket list were cancelled during 2020 due to the pandemic. But our love of travel and experiencing new places hasn’t gone away and many people are itching to get back out and explore,” Mrs Gladman said.
“Top of the wish list for many of our travellers is the Sunshine State and with interstate borders starting to re-open we are expecting to see more Aussies enjoying the sights and sounds that our own country has to offer,” she added.
Mrs Gladman said the new travel insurance product reflects efforts to find new ways to protect travellers in a world learning to live with coronavirus.
“We understand travellers are concerned about the impact coronavirus might have on their plans and health while travelling. A survey of our travellers showed 40% were looking for Coronavirus (COVID-19) related events in their policy,” Mrs Gladman said.
“With coronavirus destined to become part of normal life and in response to the challenges this poses to travel we have reassessed our coverage and the protection we can extend to travellers,” she said.
In addition to new cover for coronavirus-related medical expenses, travellers who choose a higher-level cover may be able to claim for some cancellation and additional accommodation costs if subject to quarantine as a result of a diagnosis while travelling.
The new product also recognises the extraordinary contribution of healthcare, aged care and law enforcement workers who have worked tirelessly against COVID-19 with special provision for cancellation coverage should they be required to return to work.
“Travel has proven to be an important driver of economic prosperity all over the world and it is important we do everything we can to give people the confidence to book holidays and get the global tourism industry back on its feet,” she added.
The new cover is available for purchase from travelinsurancedirect.
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