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Budget Travel Insurance

Planning your holidays on a budget? Purchase travel insurance to suit your budget needs.

Travel Insurance for travellers on a budget

If you're looking for budget travel insurance that still offers a high level of cover, you've come to the right place!

An unlimited amount of money to spend on travel is the dream of all travellers! Realistically though, most of us travel on a pretty tight budget.

Fast Cover provides budget travel insurance options for every type of traveller, with flexible options so that you can tailor the policy to cover what's most important to you without blowing out your travel budget.


Who should buy travel insurance?

Travel insurance is an essential purchase for all travellers, no matter where you're headed or how tight your budget may be.

Even if you're only taking a short trip overseas, or travelling to a 'safe' first-world country, accidents can happen anywhere and emergency medical costs overseas can quickly reach hundreds of thousands of dollars.

The Australian Department of Foreign Affairs and Trade reports a medical evacuation in Bali could set you back $60,000 AUD, and medical bills in the United States can range from $75,000 to a whopping $300,000 AUD.

Medicare and private health insurance may not cover you for any overseas medical costs, and the Australian Government generally doesn't provide financial assistance.

This means that without travel insurance, you (or your family) would have to foot the bill for any unexpected expenses if you run into trouble overseas.

Who should get budget travel insurance?

The Australian Government’s Smart Traveller website says “if you can’t afford travel insurance, you can’t afford to travel”.

It may not be as exciting as booking accommodation or adventure tours, but you should always include travel insurance in the budget plan for your overall holiday expenses.

If your travel budget is super tight, you can tailor your Fast Cover travel insurance policy to cover just the things that are most important to you, and forgo benefits you won't need on your journey.

Some of the main benefits you might want to consider when looking for a travel insurance policy include:

  • Unlimited emergency medical and hospital expenses
  • Theft or loss of luggage and personal belongings
  • Theft or loss of passports, cash and credit cards
  • Travel delay expenses
  • Special event transport expenses
  • Personal liability insurance
  • Permanent disability insurance
  • Accidental death insurance
  • Loss of income insurance
  • Adventure sports and activities
  • Scooter, moped or motorcycle riding insurance
  • Rental vehicle excess insurance

Remember it's important to compare the benefits and exclusions when shopping around for travel insurance, not just the prices.

Budget travel insurance does not necessarily mean limited!

Nothing is more important when travelling than your health and safety.

Fast Cover's Basics policy is ideal for travellers who just want cover in case they unexpectedly get sick or injured during their travels. It offers a high level of cover for overseas emergency medical and hospital expenses, without the other benefits like cancellation costs.

If you're mostly concerned about emergency medical cover, but also need a few other benefits thrown in, our Standard Saver offers a high level of emergency medical and hospital expenses cover, as well as cover for cancellation costs, luggage and personal effects, and additional expenses.

Compare the levels of cover with your budget in the below table:

Medical Benefits

Basics Domestic Plus Standard Saver Comprehensive Snow Sports Plus Frequent Traveller Saver

Overseas 24/7 Emergency Medical Assistance^


Unlimited ––– Unlimited Unlimited Unlimited Unlimited

Funeral/cremation Overseas and/or bringing your remains home (per person)

$15,000 $15,000 $15,000 $15,000 $15,000

Overseas Emergency Medical & Hospital Expenses^

Unlimited ––– Unlimited Unlimited Unlimited Unlimited

Overseas Emergency Dental

$500 ––– $750 $1,000 $1,000 $1,000

Overseas Emergency Evacuation & Repatriation

Unlimited ––– Unlimited Unlimited Unlimited Unlimited

Overseas Hospital Cash Payment^


––– ––– ––– $5,000 $5,000 $5,000

Daily Limit (per person)

$50 $50 $50

Accidental Death

Travellers Aged 80 to 89:
––– $25,000
––– $25,000

Death of a Dependant (per Dependant)

$5,000 $5,000 $5,000 $5,000

Permanent Disability^

Travellers Aged 80 to 89:
––– ––– ––– $50,000

Permanent Disability of a Dependant (per Dependant)

$5,000 $5,000 $5,000 $5,000

Loss of Income^


––– ––– ––– $10,400 $10,400 $10,400

Weekly Limit (per person) - up to 26 weeks

$400 $400 $400

Financial Benefits

Basics Domestic Plus Standard Saver Comprehensive Snow Sports Plus Frequent Traveller Saver

Trip Cancellation Expenses


––– Unlimited $25,000 Unlimited Unlimited Unlimited

Travel Agents Cancellation Fees

$1,500 $1,500 $1,500 $1,500 $1,500

Relatives with a Pre-existing Medical Condition

$2,000 $2,000 $2,000 $2,000 $2,000

Personal Liability

$1,000,000 $5,000,000 $2,500,000 $5,000,000 $5,000,000 $5,000,000

Trip Disruption Expenses


––– $50,000 $30,000 $50,000 $50,000 $50,000

Relatives with a Pre-existing Medical Condition

$2,000 $2,000 $2,000 $2,000 $2,000

Trip Resumption Expenses

$3,000 $2,000 $3,000 $3,000 $3,000

Luggage & Personal Effects


Optional $7,500 $5,000 $15,000 $15,000 $15,000

Personal computers,video recorders or cameras (per item)

$3,000 $3,000 $3,000 $3,000 $3,000 $3,000

Mobile phones and tablets (per item)

$1,000 $1,000 $1,000 $1,000 $1,000 $1,000

All other unspecified items (per item)

$750 $750 $750 $750 $750 $750

Luggage and Personal Effects stolen from a Locked Storage Compartment of an unoccupied vehicle during daylight hours

$2,000 $2,000 $2,000 $2,000 $2,000 $2,000

Passports, Credit Cards & Credit Card Fraud^

––– ––– $2,000 $5,000 $5,000 $5,000

Special Event Transport Expenses

––– $5,000 ––– $5,000 $5,000 $5,000

Rental Vehicle Excess


––– $5,000 Optional Optional Optional Optional

Return of Rental Vehicle

$500 $500 $500 $500 $500

Travel Delay Expenses


––– $2,000 ––– $2,000 $2,000 $2,000

Daily Limit (per person)

(we will pay up to $200 for each full 24 hours beyond the initial 6 hour delay)

$200 $200 $200 $200

Delay of Luggage and Personal Effects^

––– ––– ––– $750 $750 $750

Theft of Cash^

––– ––– ––– $250 $250 $250

Snow Sports Benefits

Basics Domestic Plus Standard Saver Comprehensive Snow Sports Plus Frequent Traveller Saver

Snow Sport Equipment

––– $1,500 ––– ––– $1,500 –––

Snow Equipment Replacement Hire

––– $1,500 ––– ––– $1,500 –––

Snow Prepaid Expenses

––– $750 ––– ––– $750 –––

Snow Resort Closure


––– $1,000 ––– ––– $1,000 –––

Daily Limit (per person)

$100 $100

Please note: This is only a summary of benefits. Exclusions and sub-limits apply to each cover type. Benefit limits shown are for Single and Duo (per person) policies. Pooled Benefits mean that Family policy benefit limits apply for the whole family and are double the corresponding benefit limit under a Single policy, except for certain benefits - please refer to the Product Disclosure Statement for full details. ^Cover under these Benefits are excluded while travelling within Australia.

Why choose Fast Cover for your budget travel insurance?

Fast Cover provides specialist travel insurance for travellers on a budget, no matter where or when you want to travel.

You don’t have to pay an extraordinary amount to get a high-quality travel insurance policy.

Compare quotes on travel insurance and you’ll find that Fast Cover offers plenty of affordable options without sacrificing the quality of cover.

Our policies can be tailored to cover the things that are most important to you without blowing the budget.

You can travel with confidence knowing the Fast Cover Emergency Assistance team is available 24 hours a day, 7 days a week, 365 days a year.

It’s simple, affordable and exceptional travel insurance.



14 day cooling off

Buy with confidence! Get a full refund if you cancel for any reason within 14 days from when you buy your policy and you haven't travelled.

48 hour price

The price on your quote is 'Locked In' for 48 hours.

24-7 assistance

Wherever you're travelling and whenever you need us, our 24/7 worldwide expert assistance team are ready and waiting to help.

immediate cover

Buy today and your cover starts today for the money you've spent on hotels, flights or tours in the event of unexpected sickness, injury, family emergencies or natural disasters.

Example Incidents~

Paul’s Pickpocketed Phone

35-year-old Paul was out at dinner with friends in Bali when he noticed that his phone was missing from his pocket. He immediately notified the emergency assistance team who advised him to report the theft to the local police and obtain a written report. After submitting his claim online, he was reimbursed $750 AUD under the luggage and personal effects benefit of his Fast Cover travel insurance policy.


Francine's Fall

Francine had only just arrived in Indonesia when she fell down a flight of stairs trying to retrieve her keys from her handbag. The fall resulted in a metatarsal fracture in her left foot, lacerations to her right foot and a concussion. Her Fast Cover travel insurance policy cost less than $50 AUD but covered her medical treatment, hospitalisation costs as well as her repatriation back to Australia in business class.


Traveller Testimonials

Purchased without issues

Super easy to purchase and understand what was included. If you are looking for snow sports cover this is the place to go. I rang around to a few companies and most didn't offer the range that fast cover does. Customer service was amazing!

A Campbell –


Easy, great rates and excellent service

Used Fast Cover many times and very good value for money. Very easy to get a quote and policy online and excellent customer service. Have had to claim twice without any hassles.

Alitas –


Amazing experience!

Fast Cover was recommended to me by a friend about one day prior to the commencement of my trip to Bali this year. I am so grateful I took her advice and took out a policy with Fast Cover. The second day of my trip to Bali my bag was stolen. I managed to submit my claim online using the online claim form. It was simple, fast and easy and I was able to continue to enjoy my two week trip knowing my claim was being processed. I was given regular updates on the progress of my claim and received payment within 10 days. I am so happy and was able to replace my phone hassle-free and didn't feel out of pocket from my experience. So happy with the service!

Emilie –


Ready to get a quote?

~Traveller details have been changed to protect their privacy. Claims examples are from Fast Cover travel insurance customers from 1 July 2013 to 30 June 2016.
↟Based on 365 day Basics policy to New Zealand region for a single traveller 50 years old or younger with $200 excess.



Things you need to know

* See Product Disclosure Statement for full terms and conditions and exclusions and limits that apply. For travellers aged 80 and over, additional terms and conditions, limits and excesses apply.