Australia is responsible for a number of world-changing inventions, from Google Maps and the pacemaker to the black box flight recorder. We’re just as creative with our banking, superannuation and insurance, having invented the plastic bank notes many countries now use and the wi-fi we use for our online banking.
Every year, CANSTAR looks for the products being launched in the area of financial services to make our lives easier and more convenient. The products that CANSTAR judges to be the most innovative in their field are awarded a CANSTAR Innovation Award.
This year Go Insurance has won a CANSTAR Innovation Award for its Dental Tourism Travel Insurance product.
The Dental Tourism benefit is available as an additional extra on a comprehensive travel insurance policy from Go Insurance. It fills the void in a normal travel insurance policy and can provide invaluable peace of mind for dental tourists.
What is the product?
Dental Tourism is the first in the Australian travel insurance market – a benefit specifically designed to cover the many Australians who travel overseas to get elective or non-essential dental treatment. This is a huge growth area in countries such as Thailand, Indonesia, and the Philippines, where dental treatment can be significantly cheaper than in Australia.
But until now, travellers have not been covered for any expenses if complications arise from their treatment. Some of the travel insurance policies we rate do have large benefits for emergency dental procedures while travelling; however, they exclude benefits when there is a known dental condition that is not disclosed. Therefore these policies would not cover your dental procedures if you travelled overseas knowing that you were going to get that dental work done. At the time of writing, Go Insurance’s dental tourism product is the only such policy we are aware of on the market.
Dental Tourism cover provides generous benefits for any unexpected complications, such as $25,000 for emergency remedial treatment. It also covers $10,000 for additional travel and accommodation expenses if you can’t travel due to complications, and up to $25,000 to cancel the trip if the procedure is unable to be performed. The policy will even pay for you to go overseas a second time to obtain remedial treatment if the overseas procedure was unsuccessful within a month of returning home.
There are some limitations on the procedures which can be covered, so each travel itinerary and treatment plan is assessed on an individual basis by Go Insurance.The Dental Tourism benefit is available as an additional extra on a comprehensive travel insurance policy from Go Insurance. It fills the void in a normal travel insurance policy and can provide invaluable peace of mind for dental tourists.
· Affordable cost. Combined premiums for comprehensive travel insurance and Dental Tourism cover start at less than $200 for your trip.
·Peace of mind. Dental tourists are covered if there are any complications from their elective dental treatment performed overseas.
·Reputable and local. Go Insurance is backed by Lloyd’s, one of the world’s largest and most reputable insurance companies, but is still able to offer local care as an Australian-owned company.
This cover is the first of its kind in the Australian travel insurance market to cover a previously taboo topic. It makes sense that as dental tourism grows, insurance providers should be able to cover post-treatment complications that could disrupt a travel itinerary.