Life Insurance Online :: News
SHARE

Share this news item!

Allianz Partners Highlights Risks of Travelling Uninsured

New Data Reveals One in Seven Australians Travel Without Insurance

Allianz Partners Highlights Risks of Travelling Uninsured?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Recent research conducted by the Insurance Council of Australia (ICA) and the Department of Foreign Affairs and Trade (DFAT) has unveiled a concerning trend: approximately 14% of Australian travellers embark on international journeys without any form of travel insurance.
This statistic has prompted Allianz Partners to urge Australians to reconsider the importance of securing adequate coverage before travelling abroad.

Damien Arthur, Executive Head of Travel at Allianz Partners Australia, expressed concern over the findings, noting that many travellers forgo insurance under the assumption that their destination is safe. However, this perspective overlooks potential risks such as accidents, medical emergencies, and travel disruptions, all of which can lead to significant financial burdens if uninsured.

The study further revealed that among those who chose not to purchase travel insurance, 31% believed their destination was safe, 27% considered insurance to be poor value, and 22% felt confident in handling emergencies independently. These misconceptions highlight the need for increased awareness about the comprehensive protection that travel insurance offers.

Allianz Partners remains committed to educating Australian travellers on the importance of being prepared for unforeseen events. By securing appropriate travel insurance, individuals can ensure peace of mind and financial security, regardless of their destination.

Published:Wednesday, 12th Nov 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

Allianz Partners Highlights Risks of Travelling Uninsured
Allianz Partners Highlights Risks of Travelling Uninsured
12 Nov 2025: Paige Estritori
Recent research conducted by the Insurance Council of Australia (ICA) and the Department of Foreign Affairs and Trade (DFAT) has unveiled a concerning trend: approximately 14% of Australian travellers embark on international journeys without any form of travel insurance. This statistic has prompted Allianz Partners to urge Australians to reconsider the importance of securing adequate coverage before travelling abroad. - read more
Unveiling Hidden Exclusions in Travel Insurance Policies
Unveiling Hidden Exclusions in Travel Insurance Policies
12 Nov 2025: Paige Estritori
Australian travellers are being urged to carefully review their travel insurance policies to identify potential exclusions that could affect their coverage. Legal expert Peter Carter from Carter Capner Law highlights that certain activities, such as riding motorbikes or jet skis and consuming alcohol, are often classified as high-risk by insurers. Incidents occurring during these activities may lead to claim rejections. - read more
EQT Proposes A$5.25 Billion Acquisition of AUB Group
EQT Proposes A$5.25 Billion Acquisition of AUB Group
12 Nov 2025: Paige Estritori
In a significant development within the Australian insurance sector, Swedish private equity firm EQT has extended a takeover offer for AUB Group, valuing the company at A$5.25 billion (US$3.41 billion). This proposal includes a price of A$45 per share, representing a 25.1% premium over AUB's last closing price. The offer follows an earlier bid of A$43 per share, indicating EQT's strong interest in acquiring AUB Group. - read more
Australian Insurers Achieve Record Profits Amid Rising Premiums
Australian Insurers Achieve Record Profits Amid Rising Premiums
12 Nov 2025: Paige Estritori
Australia's insurance industry has reported an after-tax profit of $6.1 billion for the year 2024, a figure that is three times higher than the five-year average of $2 billion. This substantial increase is attributed to significant premium hikes and a relatively benign year for natural disasters. - read more
Australia Reports 25% Reduction in Natural Catastrophe Insured Losses
Australia Reports 25% Reduction in Natural Catastrophe Insured Losses
12 Nov 2025: Paige Estritori
The Insurance Council of Australia (ICA) has reported a 25% decrease in total insured losses from natural catastrophe events over the 12 months to 30 June 2025. The losses fell from $2.61 billion in 2023-24 to $1.97 billion in 2024-25, indicating a notable reduction in the financial impact of natural disasters on the insurance industry. - read more


Life Insurance Articles

Protecting Your Loved Ones: The Role of Life Insurance in Estate Planning
Protecting Your Loved Ones: The Role of Life Insurance in Estate Planning
Estate planning is a process that involves the management and distribution of an individual's assets and responsibilities in the event of their passing or incapacitation. It is an essential part of financial planning that ensures your assets are managed according to your desires and your loved ones are taken care of. - read more
The Single Parent’s Guide to Securing Your Child’s Financial Future
The Single Parent’s Guide to Securing Your Child’s Financial Future
Single parenting brings with it a mosaic of responsibilities and challenges, not least of which is securing a stable financial future for your child. The rollercoaster of raising a child alone often means that planning for the future can take a back seat to the day-to-day demands of parenting. Unexpected illnesses and injuries can compound these challenges, causing stress to multiply and plans to go awry. - read more
The Impact of Hobbies and High-Risk Activities on Life Insurance Costs
The Impact of Hobbies and High-Risk Activities on Life Insurance Costs
Life insurance is an essential financial protection that provides peace of mind to policyholders and their loved ones. The premiums you pay are determined by various factors, including age, health, lifestyle, and occupation. - read more
Life Insurance Audit: Regular Check-Ups for Your Policy's Health
Life Insurance Audit: Regular Check-Ups for Your Policy's Health
Life insurance serves as a crucial safety net, guarding your loved ones against the unforeseen. Just as you would take care of your health through regular check-ups, it is equally important to ensure that your life insurance policy remains in sound condition to provide the necessary protection. - read more
Life Insurance for Entrepreneurs: Protecting Your Business and Family
Life Insurance for Entrepreneurs: Protecting Your Business and Family
Life insurance is a financial product designed to provide a safety net for your loved ones and business in the event of your passing. At its core, life insurance aims to deliver financial protection by paying out a lump sum or ongoing payments to a designated beneficiary upon the insured's death. - read more


Start Here

Life Cover Amount:
Postcode:

Insurance quotes are provided free and without obligation by a specialist from our national broker referral network. See our privacy statement for more details.


Knowledgebase
Exclusion:
Specific conditions or circumstances for which the insurance policy does not provide coverage.