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More than half of young Australians (52 per cent) aged between 18 and 29 who travel overseas
incorrectly believe the Australian Government would arrange and pay to get them home in a medical
emergency, new research reveals.
The research has uncovered that almost one million Australians expose themselves to unnecessary risks
while travelling, with young Australians twice as likely to travel without insurance.
These alarming statistics come as tens of thousands of school leavers make their travel plans for
Schoolies – a rite of passage for Year 12 graduates across Australia.
Other key highlights of the joint research project between smartraveller.gov.au and
UnderstandInsurance.com.au, undertaken by Quantum Market Research, include:
• One in seven 18 to 29-year-olds went overseas without travel insurance on their
last trip
• Almost twice as many travellers who are under 30 admit to doing risky things while
overseas (74 per cent compared with 40 per cent of those 30 and over)
• More than a third (38 per cent) had experienced an event while away that could have
been covered by travel insurance
• 36 per cent of those under 30 who had insurance did not look at the product
disclosure statement to check it met their needs
• More than a third (40 per cent) were unaware if their insurance covered them for
medical expenses
With figures from the Department of Foreign Affairs and Trade (DFAT) showing Bali, Fiji, Vanuatu,
Thailand and Cambodia as increasingly popular destinations for Schoolies, Understand Insurance
spokesperson Campbell Fuller urges school leavers – and their parents – to make sure they have the
right insurance cover before going away.
“If you plan well and make smart choices, your Schoolies trip can be the experience of a lifetime. But the
consequences of travelling without insurance can be financially devastating, and the Australian
Government does not pick up the pieces if something goes wrong,” Mr Fuller says.
“Most travellers don't realise that in a worst-case scenario, travel insurance can mean the difference
between financial oblivion and financial recovery.”
Jon Philp, First Assistant Secretary from DFAT says: “Travel insurance is as important as your passport
when travelling abroad. When you leave Australia, you leave behind the support systems, emergency
services and medical care we take for granted, so an injury or illness can have a devastating financial
impact.
October 19, 2016
Page 2
“And if you have an incident overseas, the bills stack up very quickly and could set you back hundreds of
thousands of dollars for expenses such as emergency hospital costs, air evacuations, extended stays,
cancellations and alternative accommodation, all of which can be covered by travel insurance.”
Understand Insurance recommends school leavers buy travel insurance at the same time as booking
their flights, and consider the risks they plan to undertake when comparing policies.
“If you’re planning an extreme sport or high-risk adventure while you’re on Schoolies, make sure your
policy covers the adventure travel or specific outdoor activities that you’re planning. These may include
surfing, skiing, rock climbing, kite surfing, riding motorbikes and scuba diving,” Mr Fuller says.
“Essentially, we should all purchase a policy as soon as we have paid for any trip, whether it's overseas
or domestic, and read the product disclosure statement to be fully aware of what is and isn’t covered.
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