Hey travelers! Planning a trip in 2025? Whether it’s a quick domestic getaway or an international adventure, travel insurance is your safety net when things go sideways—think lost luggage, canceled flights, or unexpected medical emergencies. Today, we’re counting down the Top 5 travel insurance providers in Australia based on reviews, coverage, and value. We’ll spotlight Travel Insurance Saver as our number one, then dive into three of its toughest competitors—Southern Cross Travel Insurance, InsureandGo, and Fast Cover—before wrapping up with a fifth contender, Cover-More. For each, I’ll break down the pros and cons so you can pick the perfect policy for your next journey. Let’s get started!
Number 5: Cover-More
Why It’s Here: Cover-More is a household name in Australia, backed by Zurich, and it’s a go-to for adventurers and seniors alike. It’s got a solid rep with Finder and frequent mentions in expert reviews like Mozo’s 2025 awards.
Pros:
- Adventure Ready: Cover-More covers a whopping 142 activities—think abseiling or snowboarding—making it a top pick for thrill-seekers.
- Generous Limits: You get $15,000 for lost luggage and $5,000 for COVID-related cancellations, which beats many rivals.
- Age-Friendly: Policies go up to 99 years old, so it’s great for older travelers.
- COVID Coverage: Unlimited overseas medical for COVID-19 plus cancellation perks keep you covered in a pinch.
Cons:
- Claims Complaints: With a 3.3-star rating from nearly 3,000 reviews on ProductReview.com.au, some users slam slow claims processing—delays can stretch weeks or months.
- Pricey Premiums: It’s not the cheapest option, especially if you’re adding extras like cruise or adventure packs.
- Lower Liability: Personal liability caps at $2.5 million, which is solid but lags behind competitors like Fast Cover’s $5 million.
Verdict: Cover-More’s a reliable pick if you’re chasing adventure or need senior-friendly coverage, but watch out for those claims hiccups and higher costs.
Number 4: Fast Cover
Why It’s Here: Fast Cover’s an Aussie-owned gem that snagged a spot in Mozo’s 2025 Exceptional Quality awards. It’s loved for flexibility and value, especially among frequent travelers.
Pros:
- Unlimited Cancellation: Non-COVID cancellation cover is unlimited—perfect for pricey trips.
- Activity Inclusion: Automatically covers 38 sports like snorkeling, with options to add more.
- COVID Perks: $5,000 for COVID disruptions and unlimited overseas medical keep you safe.
- Customer Love: A 4.6-star rating on ProductReview.com.au from over 2,000 reviews highlights fast claims and great service.
- Value for Money: Often cheaper than Cover-More, per Finder’s price comparisons.
Cons:
- Age Limits: Seniors over 89 miss out, and those 60-89 get a tweaked “Seniors Traveller” policy with less activity coverage.
- Luggage Cap: $7,500 for lost luggage is decent but trails Cover-More and InsureandGo.
- Missed Connections: No specific cover here—just travel delay expenses up to $2,000, which might not cut it for tight itineraries.
Verdict: Fast Cover’s a winner for value and flexibility, especially if you’re under 89 and booking big trips, but seniors and luggage hoarders might look elsewhere.
Number 3: InsureandGo
Why It’s Here: InsureandGo landed in Finder’s 2025 top picks and Mozo’s Ski Travel Insurance awards, thanks to its beefy coverage and budget-friendly vibe.
Pros:
- High Limits: $50,000 for cancellations, $8,000 for luggage, and $7,500 for rental car excess—some of the best in the game.
- Activity Bonus: Covers over 120 activities, with optional add-ons for skiing or cruising.
- Affordable: Often cheaper than Cover-More and Fast Cover, per Finder’s data, making it a budget champ.
- COVID Safety: Unlimited medical and $5,000 for COVID cancellations keep you covered.
Cons:
- PDS Complexity: The Product Disclosure Statement can be a maze—some users find conditions tricky, risking denied claims.
- Liability Lag: $2.5 million personal liability is fine but doesn’t match Fast Cover’s $5 million.
- Mixed Reviews: While it scores well overall, some ProductReview.com.au feedback flags slow responses during claims.
Verdict: InsureandGo’s a steal for budget travelers who want big coverage, but double-check that PDS to avoid surprises.
Number 2: Southern Cross Travel Insurance (SCTI)
Why It’s Here: SCTI’s a fan favorite with a 4.7-star rating on ProductReview.com.au and a 4.16/5 on Finder. It’s all about simplicity and customer satisfaction.
Pros:
- User-Friendly: The PDS is clear and easy to read—less headache than InsureandGo’s fine print.
- Claims Praise: Customers rave about quick, hassle-free claims, outshining Cover-More’s delays.
- Value Pricing: Often cheaper than Cover-More and Allianz, per Finder’s 300+ quote analysis.
- COVID Basics: Unlimited overseas medical for COVID-19, plus $2,500 for cancellations or quarantine costs.
Cons:
- Cancellation Cap: $2,500 for cancellations (non-COVID too) is low—pricey trips might need more.
- Luggage Limit: $5,000 for lost luggage is okay but dwarfed by InsureandGo’s $8,000 or Cover-More’s $15,000.
- Activity Scope: Covers fewer activities than Fast Cover or Cover-More—adventure buffs might need extras.
Verdict: SCTI’s a gem for straightforward coverage and happy customers, but it’s not the best for big-ticket trips or gear-heavy travelers.
Number 1: Travel Insurance Saver
Why It’s Here: Travel Insurance Saver takes the crown as Mozo’s “Best Travel Insurer” for 2025, dominating Comprehensive, Annual Multi-Trip, and Cruise categories with unbeatable value and quality.
Pros:
- Top-Tier Coverage: Unlimited medical (including COVID-19 and $1,000 emergency dental), $20,000 for luggage, and $20,000 for cancellations—crushing most rivals.
- Pre-Existing Conditions: Automatically covers 40 conditions like diabetes or epilepsy—no extra hassle if you meet criteria.
- No Age Limit: Travelers of all ages, from kids to 99+, can sign up, unlike Fast Cover’s cutoff.
- Customer Perks: Backed by nib, it offers 24/7 emergency assistance and a 4.6-star experience rating from customers.
- Value King: Mozo and Finder praise its affordability for such robust benefits.
Cons:
- Liability Lower: $1 million personal liability is the lowest here—Fast Cover doubles it at $5 million.
- Missed Connections: No specific cover—just travel delay compensation, which might not help with tight schedules.
- Nib’s Shadow: While Travel Insurance Saver itself isn’t reviewed much, nib’s 1.3-star ProductReview.com.au rating raises eyebrows about underwriting support.
Verdict: Travel Insurance Saver’s our champ for its unbeatable combo of coverage, value, and flexibility—perfect unless you need sky-high liability or connection guarantees.
Wrap-Up
So, there you have it—our Top 5 travel insurance providers in Australia for 2025! Travel Insurance Saver leads the pack with its all-star coverage and value, but SCTI, InsureandGo, Fast Cover, and Cover-More each bring something special. Need simplicity and great service? SCTI’s your pick. On a budget with big plans? InsureandGo’s got you. Love flexibility and unlimited cancellation? Fast Cover shines. Or craving adventure with senior-friendly options? Cover-More’s a contender. Before you buy, check the PDS for your specific trip—whether it’s a Bali beach bash or a European odyssey. Safe travels!
PS: Just so you know, I earn a commission from some of the links here—it helps keep this site running, and doesn’t cost you anything extra!
