Tag Archives: travel insurance cancel for any reason

“Travel insurance is much cheaper overseas than here in Australia,” says a Traveller reader. “Most of my family in Europe have a year-round/world-wide travel insurance policy and no age or health restrictions seem to apply. Are we being ripped off here in Oz?”

It’s not hard to find other nationalities who pay less for travel insurance than we do, but ripped off, no. For a UK resident, for example, 43 years old and traveling solo, visiting Indonesia, Singapore and Thailand between April 1-30, 2024, a basic Allianz Bronze travel insurance policy costs $105.

For an Australian of the same age with the same itinerary and dates, the equivalent Allianz Basic policy cost is $174. However, for a US resident the cost of a Basic policy is still higher, $284 if the total trip cost is $6900. If that trip costs $9960, that same Basic policy costs $420.

Even within Europe the cost varies. That’s the same Allianz policy for a month in South-East Asia for which a British resident pays $105 will cost a resident of Germany $347. Gary Ross Hunter, a travel insurance expert at finder.com, says: “There

BOSTON, March 21, 2024 (Newswire.com) –
International Citizens Insurance (ICI) is excited to announce another year of record sales, highlighted by 200% growth in its global life insurance business and more than 500% growth in its group business. The company’s industry-leading presence in the international insurance space continues to expand, as recognized by the following awards.

Global Insurance Awards

Affirming the company as a leader in the international insurance space, Cigna Global recently recognized International Citizens Insurance as the Top Producing Broker, Americas, Global Individual Health for the second year running. In addition, GeoBlue recognized ICI with the 2023 Sales Excellence Award.

“International Citizens Insurance was delighted to be recognized by Cigna Healthcare at their recent Global Broker Advisory Council in Sydney,” said Joe Cronin, President of International Citizens Insurance. “We were honored to be recognized for this award and to be seen as a vital partner in helping to shape the future of healthcare for global individuals. We look forward to our partnership growing from strength to strength in 2024 and beyond.”

New Hires to Support Expanding Business

To support the continued growth