Key takeaways
- Medicare does not cover you overseas — travel insurance is essential abroad.
- Medical cover limits should match destination costs (US healthcare is expensive).
- Read pre-existing condition rules before you buy.
Travel insurance covers medical emergencies, cancellations, lost luggage, and more when you are away from home. Without it, a hospital visit overseas can cost tens of thousands of dollars.
On this page
Why travel insurance matters
Medicare and private health insurance generally do not cover overseas medical treatment. Smartraveller recommends comprehensive travel insurance for every international trip. A broken leg in the US can cost $50,000+ without cover.
What policies typically cover
Overseas medical and hospital, emergency evacuation, trip cancellation and interruption, lost or stolen luggage, travel delays, and personal liability. Adventure sports and cruises often need extra cover.
| Cover type | Single trip | Annual multi-trip |
|---|---|---|
| Medical emergencies overseas | ||
| Trip cancellation | ||
| Lost or stolen luggage | ||
| Multiple trips per year | ||
| Flexible trip dates | Varies | |
| Cost for 1–2 trips/year | ||
| Cost for 3+ trips/year |
Annual policies suit frequent travellers. Single-trip cover is usually better value for one holiday. Read maximum trip length limits on annual policies.
Pre-existing conditions
Many policies exclude or limit pre-existing medical conditions unless you declare them and pay an extra premium or obtain a medical waiver. Failing to declare can void claims.
Important
How to compare travel insurance
Match destination, trip length, activities, and cover limits. Compare medical limits (unlimited vs capped), excess, and cancellation cover. Credit card travel insurance may have gaps — read the terms.
General information only — not personal financial advice. Consider your own circumstances and read the Product Disclosure Statement (PDS) before purchasing any policy. Moneyhero may earn referral fees from some providers when you switch through us; this does not change how results are ordered. How we compare
Frequently asked questions
Travel insurance essentials — what's covered, pre-existing conditions, and how to compare.
Does Medicare cover me overseas?
No. Medicare does not cover medical treatment outside Australia. You need travel insurance or pay out of pocket.
Is travel insurance mandatory?
Not legally mandatory for most destinations, but some countries require proof of cover. Smartraveller strongly recommends it for all international travel.
Does my credit card include travel insurance?
Some premium cards include travel insurance when you pay for flights with the card. Cover is often more limited than standalone policies — check limits and exclusions.
Are COVID-related claims covered?
Varies by policy and date of purchase. Read current PDS for cancellation and medical cover related to pandemics.