World2Cover Awards

Who is Canstar?

Canstar is a leading research agency and Australia’s biggest financial comparison site. Canstar’s purpose is to simplify the world of finance and help consumers confidently find the right product for them. Since 1992, Canstar, a privately-owned financial research agency is rating financial product and services in Australia, comparing a total of 775 brands across more than 30 different finance categories.

How does Canstar compare Travel Insurance?

Each year, Canstar compares all the travel insurance brands listing on their website taking into consideration features and price. In 2019, Canstar compared 88 travel insurance providers in Australia, 263 international and domestic policies and announced 5 award winners.

World2Cover won 2 of those 5 awards in 2019 for Outstanding Value International Travel Insurance and Outstanding Value Seniors Travel Insurance Awards. Since 2016, Canstar have recognised each and every year, the work that the World2Cover team put together in providing one of the best products in the market at the right price.

Canstar's Travel Insurance Star Ratings and Awards use a sophisticated methodology, unique to Canstar, that compares travel insurance products offered to Australians travelling domestically or overseas. Canstar methodology compares Single, Couple, Families, Mature and Seniors covers, for different travel duration across 60 consumer profiles based on five consumer profiles, ten destination regions, and cruise (which has its own cruise-specific destination countries).

Canstar methodology takes into consideration cost and features across travel insurance products in a 50%/50% share. Canstar’s Travel Insurance Star Ratings represent a shortlist of products, enabling consumers to narrow their search to products that have been assessed and ranked. Ratings range from five to one star. Five-star rated products have been assessed as offering outstanding value to consumers.

World2Cover has won 5-stars 4 years in a row for International Travel Insurance and 2 year in a row for Seniors Travel Insurance based on what is the most important for Australian traveller’s:

• Overseas medical and hospital cover (international destinations only)
• Repatriation and evacuation services (international destinations only)
• Luggage and personal effects
• Cancellation fees and loss of deposit

How to be eligible in Canstar comparison panel?

For a travel insurance provider to be eligible for the overall awards, a policy must meet the following requirements:

• 24-hour emergency helpline available
• Period of cover automatically extended if a medical claim arises when required to remain overseas for treatment.
• $5 million or more family overseas medical and hospital cover (international only)
• $5 million or more family cover for repatriation and evacuation services (international only)
• Must cover claims arising from cruising holidays in domestic and international waters (cruise only)
• Must be available to travelers aged 65 and above (senior only)
• Providers must have been in the market for at least 12 months

Why World2Cover is a winner since 2016?

World2Cover’s response to the Canstar eligibility requirement and more:

• 24/7 global emergency assistance
• ^$Unlimited** Overseas medical and hospital expenses
• ^$Unlimited** emergency medical & evacuation expenses
• ^$Unlimited^^ cancellation fees & lost deposits^#
• ^$Unlimited^^ emergency expenses^#
• Cover from 18 to 75 years old

#Limits and sub-limits apply
**$unlimited means that generally there is no cap on the maximum dollar amount which may be paid out of this benefit, subject to the specific terms and conditions, sub-limits and exclusion apply to this benefit. 
^^$unlimited means that generally there is no cap on the maximum dollar amount which may be paid out for this benefit, subject to the specific terms and conditions, sub-limits and exclusions that apply to this benefit.

Which Canstar Awards has World2Cover won since 2016?

World2Cover travel insurance is proud to have consistently won 5-star Canstar Awards each year since its creation in 2016. World2Cover has excelled in each category rated by Canstar from International to Domestic, including Cruise and Seniors travel insurance reaching the highest level of Outstanding Value including the most competitive product: International Travel Insurance.

• International Travel Insurance 2016-2019
• Senior Travel Insurance 2017-2019
• Domestic Travel Insurance 2016-2018
• Cruise Travel Insurance 2017-2018