Travel Insurance for Backpackers

Not all people are rich enough to travel in the different parts of the world they so desire to visit. But since many people like to go on an adventure, they always find a way
to reach their dream destinations even with a meager budget. As they say, if there’s a will, there’s a way.

Backpackers are all over the world exploring the cities and remote places. With just enough budget on their pockets, they travel on foot through different trails and rough
roads, going up and down hills and mountains, camping outdoors or staying the night in dormitories. These people are fearless and hungry for adventure
sometimes not aware of the danger they’re in.

One country frequently visited by backpackers is Australia. A 2003 report of the Tourism Research Australia
showed that between 1999 and 2003, the number of international backpackers traveling in Australia rose to an average 3.5 percent while domestic
backpackers grew at an average of 8.2 percent. In 2003 alone, an estimated 468,000 international backpackers visited Australia 26 percent of whom were from Europe.

In these days of uncertainty in our surroundings, though, backpackers need to have security while they travel in known and unknown places. This is the reason why the
backpacker travel insurance has been introduced on the market. The backpacker insurance policy aims to meet the needs of backpackers whether for short term or for extended periods.

Coverage

A backpacker insurance policy offers the standard insurance features. However, compared to the single travel
policy is that it offers additional cover extras such as protection for various sports and it’s cheaper as well. Those who are planning to purchase a policy should carefully look into the features being offered by their chosen companies.

Emergency medical coverage will shoulder your bill in case you need medical assistance while traveling.

Personal liability means the policy holder will be covered in the event he or she is injured or encounters an accident.

The policy should also shoulder all your costs in case of rescue and repatriation including rescue by helicopter.

It should also protect your belongings such as baggage and other possessions during travel time. This means that in case of lost or stolen items, you will be able to claim compensation. Make sure as well that in the event your passport gets lost and you need a new one, the costs in processing and reissuing will be shouldered by your insurance policy.

Personal money should also be protected in that you will be compensated for any cash or traveler’s cheques you accidentally lose while traveling or when they’re stolen
from you. Keep in mind, though, that compensation for this aspect is low and so, the best thing to do when you travel is to bring only enough money in your wallet.

Some policies cover the cancellation or delay of your trip due to unavoidable circumstances. You will be compensated for any money lost when this happens.

Coverage may vary depending on the insurance firms hence, it is advised that backpackers shop around first to find out the right company that can meet their specific travel needs.

For your backpacker travel insurance, check out itrek Travel Insurance underwritten by AIG (American International Group). This company based in New South Wales offers a wide range of insurance policies at low rates and allows you to buy direct online.