A Guide for Insurance Brokers:

Why Travel Insurance is a Must-Have for Overseas Adventures

Traveling overseas is an exciting opportunity to explore new cultures, eat the best sushi of your life from a 7/11 or lay on a beach with a daiquiri and create unforgettable memories. However, it also comes with its own set of risks and uncertainties.

As your client’s trusted broker, you solve all their other insurance needs so why not travel insurance as well? It’s so important to equip clients with a safety net that provides them with peace of mind to ensure that they can truly enjoy their experiences.

Unpacking the Risk of Traveling Without Insurance

A dream holiday can quickly take a turn when unexpected events strike. Your client may face travel risks such as:

• Medical Emergencies:
  Falling ill or getting into an accident in a country where medical bills are high is a reality that many travellers face. We’ve all seen or heard of someone running into strife overseas with bills in the hundreds and thousands of dollars, because they thought they didn’t need the insurance. Prepare your clients for the unexpected. 
• Trip Interruptions:
  Whether it be volcanic eruptions grounding flights, bad weather preventing take-off, or family emergencies cutting trips short, ensure your client is prepared for trip interruptions that may occur throughout their travels. 
• Lost or Stolen Valuables:
  Misplaced luggage or a stolen passports may transform a once in a lifetime trip into a logistical headache. Travel insurance may assist with eligible reimbursement costs while you are overseas, depending on your level of cover. 
• Legal or Financial Liability:
  A small accident such as backing a hire car into a pole or accidentally knocking over a letterbox may result in hefty fines or penalties. Be sure your client has backup in the case of an emergency.

Above are just some examples of what could go wrong when travelling on an overseas adventure. Without travel insurance, these risks can lead to overwhelming financial and emotional turmoil. cora enables you to assist your client with travel insurance in a seamless way before they go. From obtaining a quote, to remittances, cora does it all. With a solution that is so quick and easy, why not take the extra step in protecting your client.

The Dynamic Role of Insurance Broker

With cora, you now have more opportunity to protect your clients. They have their business insured with you, their cars, their general liability and now they’re going on a trip to Bali, which you can now help them access with leisure travel insurance via cora!    

cora has been developed in consultation with brokers, to ensure that everything from quoting to payment and remittances is as simple as possible.

Proactively protect your clients and position yourself as the expert who anticipates risks and provides comprehensive protection.

Build Enduring Client Relationships and go the extra mile to explain why insurance matters, build trust and a relationship that ensures repeat business.

Selling travel insurance is not just about increasing your revenue, it’s empowering you to offer more value to your clients allowing them to travel with confidence and security and know that they have a relationship with a great broker.

Learn more about battleface leisure travel insurance, available via cora!

With customisable, modular coverage options to fit each client’s unique needs, find out more about cora today. Contact the team today on 1300 471 794, or email support@corainsurance.com.au.

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Disclaimer:

cora Insurance (cora Insurance) is a trading name of Insurance.com.au Pty Ltd ABN 27 163 909 073, which is an Authorised Representative (number 443422) of ThePetInsuranceCompany.com.au Pty Ltd (ABN 38 620 795 735, AFSL 536651), (‘ThePetInsuranceCompany.com.au’). Please refer here for our Financial Services Guide (FSG) and Privacy Policy. While cora Insurance strives to present accurate information, it makes no warranties regarding any product. This information is of a general nature only and does not consider your client’s specific objectives, financial situation or needs. Always consider the Product Disclosure Statement (PDS) and Target Market Determination (TMD) before offering or recommending travel insurance.