Don’t go overseas without it: why travel insurance is essential this winter holiday season
As winter sets in, Australians are embracing the opportunity to travel abroad, seeking warmer climates or snowy adventures. The Australian Bureau of Statistics’ (ABS) latest overseas arrivals and departures data revealed that Aussies took more than one million short-term trips in April 2025 – up 8.3% compared to the same period the previous year.
While the excitement of jetting off to new international destinations is enticing, it's crucial not to overlook travel insurance. Despite the ease of obtaining coverage online, policies must be purchased before departing Australia.
Mozo's 2025 Travel Insurance Report 2025 found more than one in ten (13%) Australians still travel uninsured, risking substantial out-of-pocket expenses. Mozo money expert Rachel Wastell notes that basic travel insurance can cost less than $20 per day for adults under the age of 75 without pre-existing conditions.
“While most of us would prefer to spend our money on a pina colada, it really is a small price to pay for peace of mind,” Wastell said.
Bali remains one of the most popular holiday destinations, but it also comes with risks. Data from Southern Cross Travel Insurance (SCTI) shows that since the 2022/23 summer season, policy purchases for travel to Bali have jumped by more than two thirds (43%). That spike in demand has also seen a 50% year-on-year increase in claims, with incidents in Bali accounting for 16% of all claims lodged with the insurer in 2024.
Even if you're in the departure lounge, it's not too late to secure travel insurance. Many providers offer instant online policies, ensuring you're covered before takeoff. Just remember: once you've left Australia, it's too late to purchase a policy.
As you prepare for your winter getaway, make travel insurance a priority. It's a small investment for significant peace of mind.