Speaker 1: Hello.
Speaker 2: My name's Santasha Nabananga Bamblet. I'm a proud yr the
Speaker 2: Order Kernie Whoalbury and a waddery woman. And before we
Speaker 2: get started on She's on the Money podcast, I would
Speaker 2: like to acknowledge the traditional custodians of the land of
Speaker 2: which this podcast is recorded on a wondery country, acknowledging
Speaker 2: the elders, the ancestors and the next generation coming through
Speaker 2: as this podcast is about connecting, empowering, knowledge sharing and
Speaker 2: the storytelling of you to make a difference for today
Speaker 2: and lasting impact for tomorrow.
Speaker 1: Let's get into it.
Speaker 3: She's on the Money. She's on the Money.
Speaker 4: Hello, and welcome to She's on the the podcast for
Speaker 4: millennials who want financial freedom. My name is Georgia King
Speaker 4: and joining me as always is the Lovely Victoria Divine V.
Speaker 4: How are we.
Speaker 1: I'm well, I'm always still jarred when you say, oh,
Speaker 1: the Lovely Victoria Devine, I'm like, well, that's showbiz because
Speaker 1: before you were like, oh, get better, V. And I
Speaker 1: was like, oh, I'm not sick, and you were like, no,
Speaker 1: you just need to get better. Like I feel like
Speaker 1: there's this offline bullying versus online, like vine so lovely, like,
Speaker 1: don't lie, George, don't like it.
Speaker 4: It's all eyes, guys. Let's get into it with travel
Speaker 4: back on the cards. We want to unpack something today that,
Speaker 4: in your opinion, v is even more important than remembering
Speaker 4: to pack your toothbrush or your undies.
Speaker 1: Because you can buy those things when you get there.
Speaker 4: Well, that's exactly right, exactly. We are talking, of course,
Speaker 4: about travel insurance. It might sound a little dry, we'll
Speaker 4: admit it, but we were amazed by how many people
Speaker 4: messaged us through with questions after we spoke about insurance
Speaker 4: over on the sotom Instagram page when you were preparing
Speaker 4: for your trip.
Speaker 1: So many personal dms from people being like, oh, what
Speaker 1: one did you go with? How did it work? What
Speaker 1: does this mean? And girl, I didn't just do my research.
Speaker 1: I saved all the PDS's and then control FT and
Speaker 1: like looked through all of them to make sure that
Speaker 1: every single one had a policy. And I made a
Speaker 1: spreadsheet because that's the best way to track anything, and
Speaker 1: that's how I picked my policy. And the She's on
Speaker 1: the Money team are already reaping the benefits.
Speaker 4: And hopefully today you will too, sweet listener, So today
Speaker 4: we will be answering a number of the questions that
Speaker 4: popped up from you guys, including how you can access
Speaker 4: what do you actually need when you're heading away, what's
Speaker 4: just a waste of money a bit of a rip off,
Speaker 4: and what is just downright I'm helpful.
Speaker 1: There's a lot of things in insurance that you think
Speaker 1: would be important that actually aren't. Georgia King, what do
Speaker 1: you think the most important thing is when it comes
Speaker 1: to travel insurance?
Speaker 4: Ooh, a top of my head, I would say, you
Speaker 4: know things that you can break or easily lose. I'm
Speaker 4: thinking your bag, your phone, your laptop. We've all dropped
Speaker 4: phones when abroad and then they haven't worked.
Speaker 1: Alex Devine start your friend. We were standing in an
Speaker 1: airport in Nice and she dropped her Apple Watch and
Speaker 1: the fate. Yeah, she's obsessed with it, like she cannot
Speaker 1: take one step without that Apple Watch. But once you've
Speaker 1: got a track over, the entire face of the Apple
Speaker 1: Watch shattered, and I think I saw her soul leave
Speaker 1: her body. And then she was in a really bad
Speaker 1: mood for the rest of the day. So I just
Speaker 1: avoided her. It was a good sister. I was just
Speaker 1: like subtly bullying her about it, But yeah, she had
Speaker 1: no watch for the rest of the trip.
Speaker 4: How did she know what the time was?
Speaker 1: How did she know how many steps she'd taken? How
Speaker 1: did she knows been closed? But that's actually not the
Speaker 1: most important thing when it comes to travel insurance. I
Speaker 1: feel like we all get super caught up on the extras,
Speaker 1: especially because they're the shiny things that get put on
Speaker 1: the marketing material on the websites. Right they're like, oh
Speaker 1: my god, up to ten thousand dollars worth of luggage
Speaker 1: cover and you're like, oh, that's great, no problems. But
Speaker 1: at the end of the day, if you lose your laptop,
Speaker 1: real unfortunate money loss, but you can replace. What if
Speaker 1: you broke your leg in the middle of Thailand and
Speaker 1: you literally needed surgery. What's she going to do, George,
Speaker 1: Oh god, I've trade my laptop for the flight that
Speaker 1: you need to take back to Australia to get that done,
Speaker 1: because you can't just jump on a plane and come home.
Speaker 1: There's so many different levels of thought that need to
Speaker 1: go into this when it comes to insurance. And we've
Speaker 1: had money dirists before, Like remember the money dirist where
Speaker 1: her husband was in Bali and had a scooter accident
Speaker 1: and had to be medivacked back to Australia for surgery,
Speaker 1: and it's now put them in a position where they're
Speaker 1: in more than one hundred thousand dollars worth of debt
Speaker 1: because of this, That, my friend, is why we have
Speaker 1: travel insurance. It's not because we are like, oh my god,
Speaker 1: we might lose our laptop while we're away. Like, yes,
Speaker 1: those things are important to ensure if you absolutely cannot
Speaker 1: afford to lose them. And I'd argue, if there's something
Speaker 1: you can't afford to lose, please don't take it. But
Speaker 1: the only insurance we should ever get, and this is
Speaker 1: probably financial advice by I think I'll get away with
Speaker 1: it is comprehensive, Like, please don't just get third party.
Speaker 1: You need to protect yourself as much as everybody else.
Speaker 1: If you're getting anything less than that, I do genuinely
Speaker 1: think it's a bit of a waste of money, Like
Speaker 1: I don't care if you damage someone's property. I get it,
Speaker 1: like there's obviously going to be a financial implication, But
Speaker 1: it blows my mind that people don't protect themselves, like
Speaker 1: you're so willing gee to put yourself in a position
Speaker 1: where you're like, oh, my three thousand dollar laptop need
Speaker 1: to ensure it, And I go, yeah, great, good idea, Georgia.
Speaker 1: What if you come home and you can't work ever again?
Speaker 4: Dear God?
Speaker 1: But like, why aren't we ensuring our own person our
Speaker 1: own ability to generate income, our own ability to be
Speaker 1: self sufficient, Like if something really bad happens. I know,
Speaker 1: this is really dramatic, And this is why I'm so
Speaker 1: passionate about insurance, Like you're done, Like we need so
Speaker 1: many things in place to make sure that you're okay,
Speaker 1: and travel insurance is one of those things that I
Speaker 1: do think you should be spending the money on. And
Speaker 1: I've had a conversation with a few people in my
Speaker 1: DMS recently where like, oh my god, yeah, I'm going away.
Speaker 1: I looked at travel insurance and it's too expensive. I'm like, well, ah,
Speaker 1: I feel like this is such an entitled position to
Speaker 1: be in, but like, if you can't afford insurance, probably
Speaker 1: don't go. Yes, it's like a forge. And don't get
Speaker 1: me wrong, insurance is now a little bit more expensive
Speaker 1: than it used to be because of COVID and because
Speaker 1: of everything else going on in the world. I get it,
Speaker 1: but that's an investment. It's not just about the cheap flights.
Speaker 1: It's like, all right, well what is this actually going
Speaker 1: to cost me to go on my trip to Bali?
Speaker 4: Right? Okay, so super interesting there because I feel like
Speaker 4: for me, I definitely, as I said, I'll just be
Speaker 4: like my lappie that'll probably get smashed, probably get that covered.
Speaker 4: But I would never be like, well I could die.
Speaker 1: And it's not because travel is so much more risky, right,
Speaker 1: it's because you don't have the private health or even
Speaker 1: the health system that we have in Australia covering you.
Speaker 3: Yeah.
Speaker 4: So with this speed, just before we get into the
Speaker 4: thick of things, would you say travel insurance is necessary
Speaker 4: for like an eight hour trip to mil Dura, No,
Speaker 4: going to Europe or something like that, Like, how do
Speaker 4: you know what's necessary?
Speaker 2: No?
Speaker 1: No, So I would be considering travel insurance if you're
Speaker 1: planning on leaving the country, which means you're leaving our
Speaker 1: medical system. I wouldn't be considering it if you're going
Speaker 1: to meal Dura for the weekend or you're off to
Speaker 1: a Chuka for a girl's weekend. Like, it's just not
Speaker 1: what it is for. Like travel insurance is to cover
Speaker 1: you while you are out of our country and don't
Speaker 1: have access to Medicare or the health insurance that you
Speaker 1: actually have on your person at the moment. Right, So
Speaker 1: it's all about making sure that you're okay while you're
Speaker 1: out of Australia's hands.
Speaker 4: Perfect, Yeah, that makes sense. Okay. Just before VU said
Speaker 4: that the only insurance we should get is comprehensive insurance.
Speaker 1: Entitled opinion, I totally understand that. But we are putting
Speaker 1: you in the best possible position when I say that, right, Like,
Speaker 1: my job is to make sure you are okay, because
Speaker 1: I'd love to think I'm like your finance mum. Yeah,
Speaker 1: big sister, big sister, Yeah, big sister. That makes me
Speaker 1: feel younger. Yeah, but like I'm your finance big sister.
Speaker 1: I want the best for you. So that's the advice
Speaker 1: I have.
Speaker 4: Right, So what actually is TORD? But what Yeah, so
Speaker 4: tell me what it is? Yeah, okay.
Speaker 1: So comprehensive travel insurance is the highest level of cover
Speaker 1: you can get. Obviously there's a lot of When you
Speaker 1: go to a travel insurance website and you start doing
Speaker 1: your comparisons, they'll be like, here's the entry level, here's this,
Speaker 1: and this. You don't need like the Kreme de la
Speaker 1: Creme like covers fifty million dollars worth of xys it.
Speaker 1: What you need is to make sure that you and
Speaker 1: your third party is covered. And it means that it's
Speaker 1: not just covering you having an accident and the costs
Speaker 1: that are incurred by the other person. So each company
Speaker 1: has lots of different nuances. So what you are looking
Speaker 1: for is twenty four to seven medical cover So injury
Speaker 1: or illness including hospital, states, surgery, dental is a really
Speaker 1: important one to make sure it's there because what if
Speaker 1: you come head first off a scooter, g your leith
Speaker 1: are going to need that service, prescription drugs, which can
Speaker 1: be incredibly expensive overseas, and doctor's visits. The other thing
Speaker 1: that I think is really important is medical evacuation and repatriation.
Speaker 1: So you might go, what the hell, Victoria, like, what
Speaker 1: are you talking about? That is not what I was
Speaker 1: thinking when I thought travel insurance. But that is to
Speaker 1: get you home something really bad happens to you, and
Speaker 1: like we all knock onward, we don't want that to
Speaker 1: ever happen. But if something happens, I can get you home,
Speaker 1: and that to me is the most important thing because
Speaker 1: I have heard and I guess this is the beauty
Speaker 1: of being in She's on the money, and you know,
Speaker 1: running a community of financial advisors where you know, if
Speaker 1: people are in a pickle, they do tend to come
Speaker 1: to me and go, V what would you do? How
Speaker 1: would you do this? I've seen it so many times.
Speaker 1: They're like my brother, my cousin, my sister, my aunt
Speaker 1: is stuck overseas because they had this thing happen to
Speaker 1: them and now they can't fly home, or they have
Speaker 1: to stay overseas for eight weeks because they can't get
Speaker 1: on an actual commercial flight. They would need a medical
Speaker 1: evac to get them home and that can't happen because
Speaker 1: it's one hundred thousand dollars. So I think that if
Speaker 1: something happens to you, getting home, from my perspective, is
Speaker 1: one of the biggest priorities, and that's really expensive. The
Speaker 1: next is personal liability, so if something happens, you're insruant
Speaker 1: for that. Cancelation cover is really important, but maybe not
Speaker 1: the most important thing for me. When I was looking
Speaker 1: at travel insurance recently, because as you know, ge Jess
Speaker 1: and I just got back from Europe, cancelation cover for
Speaker 1: me was important because we had so many connecting flights
Speaker 1: and if a middle flight got canceled, like, what are
Speaker 1: we doing to do? Just missed the next one? I
Speaker 1: wanted cover for that. But I also wanted to make
Speaker 1: sure we had COVID cover, yeah, which most travel insurance
Speaker 1: policies are absolutely excluding at the moment because it's too hard.
Speaker 1: I found one, so we've got that. But we can
Speaker 1: then be covered for family emergencies. So something happens and
Speaker 1: you absolutely need to go home. Great, covered for that.
Speaker 1: But then it's also about things like the bells and whistles,
Speaker 1: which I would say are the things that are not
Speaker 1: necessary but really nice to have, like lost or damage
Speaker 1: luggage cover. Great, really important to be covered for that.
Speaker 1: But my priority is making sure your body is okay Georgia.
Speaker 1: And then alternative transport costs, which I think is kind
Speaker 1: of important as well, because we just want to make
Speaker 1: sure that we're not stung with thousands of dollars of
Speaker 1: costs while we're overseas.
Speaker 4: Really, you mentioned their V I feel like your main
Speaker 4: point was that medical evacuation and repatriation is the most
Speaker 4: important thing. So let's get into the nitty gritty now,
Speaker 4: because there are so many things when you're fit and
Speaker 4: healthy that you just don't think about. We really do
Speaker 4: take our health for granted.
Speaker 1: And I feel like as an Australian, we really take
Speaker 1: our health for granted. Further, like, did you know we
Speaker 1: are the most underinsured country in the world because like
Speaker 1: we're just Aussies. We just trust it be right? Should
Speaker 1: be right, mate, Like we literally have the lowest level
Speaker 1: of insurance across the entire world because of our trusting
Speaker 1: nature and our medical system is so good that we
Speaker 1: are like, oh, should be right. It doesn't matter, Like, yeah,
Speaker 1: you're right, don't have private health insurance, but like I'll
Speaker 1: just go to the hospital. Like it's one of those
Speaker 1: things that it blows my mind as a financial advisor
Speaker 1: that we are so underprepared, But it's a really nice
Speaker 1: reflection at the same time of how trusting we are.
Speaker 4: Yeah, crazy for sure. So on that note, what would
Speaker 4: you say are some of the most difficult and expensive
Speaker 4: things that we might up against when we're overseas that
Speaker 4: we would want insurance to cover us for.
Speaker 1: So, as I said before, emergency medical evacuation to make
Speaker 1: sure you can either get from your current location to
Speaker 1: a suitable hospital or to get from your current location
Speaker 1: back home. Ambulance and emergency hospital stuff, so medical surgical
Speaker 1: hospital costs need to all be included. Overseas. It's really expensive.
Speaker 1: I mean it's different in every state and territory here
Speaker 1: in Australia, but ambulance cover in Australia is also really
Speaker 1: expensive if you don't have ambo cover, so definitely look
Speaker 1: into that. The next is the cost of your return
Speaker 1: to Australia if it's earlier than planned, and if this
Speaker 1: is medically necessary. So we say stuff like this and
Speaker 1: you go, yeah, but I could just pay for a flight,
Speaker 1: It's fine. I had a client who did their back
Speaker 1: like broke their back, had gone to surgery, was in
Speaker 1: the UK. The doctor said, no problems, like all done, dusted.
Speaker 1: Thankfully they had travel insurance so all their surgery was covered.
Speaker 1: They got it fused, We're good to go. But the
Speaker 1: doctor then said, you cannot travel for six months and
Speaker 1: if you do, and when you do, you need to
Speaker 1: travel in business class because you need a lay flatbed.
Speaker 1: You cannot sit up in a chair for the entire
Speaker 1: duration of a flight. Have you saent how expensive business
Speaker 1: class flights are at the moment seventeen thousand dollars to
Speaker 1: get her home.
Speaker 4: Oh my god.
Speaker 1: And that's just out of pocket, that's not covered, that's
Speaker 1: not anything. So this is why we care. It's not
Speaker 1: because oh my gosh, Ve that'll never happen. Yeah, I
Speaker 1: hope it never happens. But for those of you who
Speaker 1: it does happen to, this is so important, Like I
Speaker 1: can't stress enough. I feel like it's the one thing
Speaker 1: that people like, oh did you sort out travel insurance?
Speaker 1: You go, oh, forgot, don't worry about it next trip, hah,
Speaker 1: Like it's not a haha situation. The next thing as well,
Speaker 1: g is to allow you to return to Australia and
Speaker 1: for someone to stay with you and travel home with
Speaker 1: you if you're not from Australia and you need help,
Speaker 1: and then emergency assistants so for example, keeping your friends
Speaker 1: and family back home updated obviously with your permission, telephone
Speaker 1: interpreting and translation, and if you're in hospital in a
Speaker 1: non English speaking country, this is way more important than
Speaker 1: you think it is. And then gee, what happens if
Speaker 1: you have kids, like we need to return those kids
Speaker 1: back to Australia to be looked after. If something really
Speaker 1: serious has happened to you, and then also sourcing emergency
Speaker 1: prescription drugs like sometimes that is far harder than you
Speaker 1: think it is. And I know that I'm being really dramatic,
Speaker 1: but it happens, and it happens more often than we
Speaker 1: would like to think it does.
Speaker 4: Keeping on with the dramatic theme, b what happens if
Speaker 4: I'm overseas and I pass away?
Speaker 1: This happens. Yeah, this happens and you will get home.
Speaker 1: That's okay, But it does happen, and it's really upsetting.
Speaker 1: But I guess such is life in a way, and
Speaker 1: that's why we have travel insurance to make sure we're okay.
Speaker 1: But if you do pass away while you are traveling overseas,
Speaker 1: travel insurance is going to make sure that you can
Speaker 1: either have your body or your ashes return to Australia.
Speaker 1: That could cost up to twenty thousand dollars for your
Speaker 1: family if you don't have that, or if your family
Speaker 1: decides to have a funeral or a burial in the
Speaker 1: country which you passed away, that will be covered as well.
Speaker 1: So I think it's interesting to think about a bit morbid,
Speaker 1: but it's a big part of travel insurance. It really is,
Speaker 1: because that could cost your family thousands.
Speaker 4: Yeah, and you don't want to lump that on them
Speaker 4: when they're already grieving your loss. All right, on that
Speaker 4: morbid note, VD, let's take a little break more.
Speaker 1: Let's best podcast. That's not She's on the money, I'm obsessed.
Speaker 1: Haven't checked that out? Do that in your break also
Speaker 1: come back to us. Of course after this, we're going
Speaker 1: to talk more about travel insurance, COVID and all of
Speaker 1: those spicy things.
Speaker 4: What more could you want?
Speaker 1: Maybe their podcast better this time?
Speaker 4: All right, very straight back into it. We had a
Speaker 4: number of questions about COVID, which makes a lot of sense,
Speaker 4: and you said it before that not a lot of
Speaker 4: insurers do cover it.
Speaker 1: What's yeah, because it's so prevalent, right, and it kind
Speaker 1: of makes sense for them to go, all right, well,
Speaker 1: if you're going to travel, you know, COVID exists, you know,
Speaker 1: it's been around for a while. That's a risk that
Speaker 1: you have to wear, so it pays if you're planning
Speaker 1: on getting travel insurance and want to be covered for that.
Speaker 1: To take that into consideration, several insurers have literally now
Speaker 1: been like, either we're not doing travel insurance for the
Speaker 1: meantime because it's too much risk on them. We are
Speaker 1: going to limit cover, so we're going to exclude anything
Speaker 1: related to COVID, or if they do have COVID included
Speaker 1: in their policy, there's a really strict guideline as how
Speaker 1: that can be used or abused. Essentially, so some policies
Speaker 1: only cover medical and repatriation costs if you get COVID overseas,
Speaker 1: while other policies actually provide limited cover for cancelation costs
Speaker 1: and medical costs and repatriation costs and stuff like that.
Speaker 1: So I think it's important to take this into consideration
Speaker 1: as to how important this is for you. Because having
Speaker 1: this conversation with Jess and you know, the girls before
Speaker 1: we went on our holiday, I was like, well, what
Speaker 1: happens if one of us get COVID? Obviously we have
Speaker 1: to isolate and do what that country needs us to do.
Speaker 1: How would that work? So we'd thought about it a lot,
Speaker 1: but it was real important for me on a expensive,
Speaker 1: let's be honest Europe trip with a group of girls,
Speaker 1: to be covered so that we weren't completely out if
Speaker 1: one of us did. I mean, we're crazy. So we
Speaker 1: traveled with like a box of fifty rapid tests because
Speaker 1: we were like, we aren't going to take any risks.
Speaker 1: Jess coughed one day and I was like, rapit, get
Speaker 1: it go, and like we were all just testing to
Speaker 1: make sure that we were okay. I think we're also
Speaker 1: really over the top with it because we're traveling with
Speaker 1: someone who was pregnant, so I was like, there is
Speaker 1: no chance I'm going to even be party to giving
Speaker 1: a baby COVID, Like not a chance. But it's really
Speaker 1: important to understand that there will be costs if you
Speaker 1: get COVID overseas, and they could be big, they could
Speaker 1: be small. It could be you know, having to extend
Speaker 1: your accommodation so that you can stay in the one
Speaker 1: place and isolate. Could be Uber Eats deliveries because you
Speaker 1: can't just like cook in a hotel room, right like
Speaker 1: where are you going to get food? Are you going
Speaker 1: to get Uber Eats or are you going to get
Speaker 1: room service? Or how is this going to work? It
Speaker 1: could be cancelation, so like loss of you know, that
Speaker 1: boat to where you are going to go on that
Speaker 1: you now can't go on. So there's a lot to it,
Speaker 1: but it's worth considering if it's important to you or not.
Speaker 4: Are there cooling off periods for COVID cancelation cover.
Speaker 1: Yes, and it is best to buy your travel insurance
Speaker 1: at the same time as you book your trip. So
Speaker 1: some insurers only cover cancelation if you test positive to
Speaker 1: COVID and their policy was purchased twenty one days before
Speaker 1: your scheduled departure date, which you go, oh, my gosh,
Speaker 1: wouldn't everyone do that? No, Georgia King, because Jess and
Speaker 1: I and the girls, we decided to go on our
Speaker 1: holiday with less than twenty one days to books, so
Speaker 1: like we were covered by that. Thankfully we didn't get COVID.
Speaker 4: My wait, goodness. Do cancelation policies usually cover extra expenses
Speaker 4: for like quarantine costs?
Speaker 1: Yes, yes they do, but there are a fair few
Speaker 1: exclusions and limits to look out for in your policy,
Speaker 1: and not all policies are created equally, so you do
Speaker 1: need to have a look, especially when it comes to
Speaker 1: COVID cover. Not all cancelation policies cover cancelation or extra
Speaker 1: expenses for quarantine if you're deemed a close contact overseas,
Speaker 1: which I thought it was really important. I was like, well,
Speaker 1: what if one of the girls get COVID, that's going
Speaker 1: to impact the rest of the trip, like how does
Speaker 1: this work? And many policies cover the cancelation and extra
Speaker 1: expenses to as little as twenty five hundred dollars combined.
Speaker 1: So in my situation, combined was the active word there.
Speaker 1: That wouldn't have worked for us. So we were like, well,
Speaker 1: twenty five hundred dollars across five girls for needing to
Speaker 1: be in quarantine for a week. That's going to do
Speaker 1: basically nothing. And then travel insurance policies are very unlikely
Speaker 1: to cover cancelation if you're unable to travel due to
Speaker 1: general traveler restrictions, so stuff like lockdown at home or
Speaker 1: at your planned destination. So it's literally only if you
Speaker 1: have it, if that makes sense, because you shouldn't be
Speaker 1: booking a holiday if you're in lockdown.
Speaker 4: Yeah, yeah, for sure, I.
Speaker 1: Feel like that's very sad holiday.
Speaker 4: Just a little PSA from me as well. It's really
Speaker 4: important to remember that even though the ban on international
Speaker 4: travel for vaxed Australians has been lifted, transit and destination
Speaker 4: countries still may apply restrictions on your entries, such as
Speaker 4: quarantine on entry.
Speaker 1: Yeah, it was really interesting. Obviously, we will make sure
Speaker 1: that those are linked in our show notes. But your
Speaker 1: vaccination status does impact or can impact your travel insurance
Speaker 1: cover which is important to note because you know, if
Speaker 1: you've chosen not to be vaccinated, that's you know, something
Speaker 1: you would need to take into consideration. But also traveling
Speaker 1: around the different countries was really interesting as well, because
Speaker 1: you need to get your international COVID certificate, so we
Speaker 1: had to download that and I had that on my
Speaker 1: phone and I had a PDF version of that. People
Speaker 1: did check it, but there were also different rules and regulations.
Speaker 1: So for example, George, we went from London to France
Speaker 1: and we had to have had a second booster within
Speaker 1: three months, and if it was more than three months,
Speaker 1: we had to have a full PCR test beforehand. So
Speaker 1: there was actually a lot of logistics that went into
Speaker 1: changing country and traveling because some of us had had
Speaker 1: our booster and one of us was triple vax, but
Speaker 1: it had happened like four months ago, so therefore we
Speaker 1: needed to organize a PCR and that's actually quite an
Speaker 1: expensive process when you're in the middle of London and
Speaker 1: you need it in four hours, so it's worth considering
Speaker 1: and making sure you're there. But then also the plane
Speaker 1: I can't remember if they checked. I don't think they checked,
Speaker 1: but they definitely made sure that everybody on the plane
Speaker 1: was you know, hand sanitizing and wearing their masks for
Speaker 1: the entire time. But once you were there, you definitely
Speaker 1: didn't feel it. So it sounds very dramatic, and I
Speaker 1: know that, you know, it's actually really important. I know
Speaker 1: the entire ses on the Money team is vaxed and
Speaker 1: very pro vaxed, so we're not having this conversation, but
Speaker 1: I think it's important to understand what those hurdles were.
Speaker 1: Even for us as fully triple vaxed people trying to
Speaker 1: get into another country, it was, you know, a fair
Speaker 1: few hurdles to get over and prove and they were
Speaker 1: scanning our vaxed certificates and checking them and doing temperatures
Speaker 1: at the airport. So I think it's to be honest,
Speaker 1: I'm really glad they're taking it seriously because it's for
Speaker 1: our safety.
Speaker 4: Yeah, one hundred percent. It can be quite overwhelming as well.
Speaker 4: So we're going to link Smart Traveler into our show notes,
Speaker 4: which kind of it tells you where I think one
Speaker 4: hundred seventy seven countries. It tells you what you need
Speaker 4: to do to get into them, so that makes it
Speaker 4: much and.
Speaker 1: Travel tip right, check Smart Traveler before you literally cook
Speaker 1: anything anywhere, like it is the go to website, Like
Speaker 1: this is not sponsored, it's just good practice, like check
Speaker 1: that before you even check flight prices, because they'll tell
Speaker 1: you whether you can or can't travel, or if there's
Speaker 1: any safety warnings or there's a tsunami that's happened that
Speaker 1: you haven't been provy to, like it's so important.
Speaker 4: So COVID has definitely thrown spanner, a spanner, couple of spanners,
Speaker 4: big spanners into the work speed. What are your top
Speaker 4: tips for figuring out what we.
Speaker 1: Need when it comes to travelingsurance, Like when it comes
Speaker 1: to you looking after yourself for COVID, because I've had COVID,
Speaker 1: can you give you some hot tip green Coottie's Cordial
Speaker 1: Green Cotty's Cordial ten out of ten if you know,
Speaker 1: you know the sparkling version, Chef's Kiss. But the one
Speaker 1: thing I would do is do your research. So the
Speaker 1: first thing I would do is again head to Smart Traveler,
Speaker 1: have a look what is the Smart Traveler advice level
Speaker 1: for the countries that you are traveling to and can
Speaker 1: we make sure that your travel insurance policy covers you
Speaker 1: for those things. If not, you're going to have a
Speaker 1: very clear gap.
Speaker 4: Right.
Speaker 1: So I remember traveling way back when Tabali, like it
Speaker 1: was around the time that there was a tsunami. It
Speaker 1: happened a couple of years ago, and they said, in
Speaker 1: my travel insurance policy, we won't cover you if this
Speaker 1: happens because it's essentially a global event and it was
Speaker 1: way too big for the travel insurance company to cover.
Speaker 1: And I was like, oh, interesting, but that will really
Speaker 1: quickly show you the gaps of whether it's worth the
Speaker 1: risk or not worth the risk, and it will let
Speaker 1: you know whether it's a good idea to travel there
Speaker 1: or not. So g on smart traveler. If your destination
Speaker 1: that you're going to is an advice level three, it
Speaker 1: will mean that you need to reconsider travel. And not
Speaker 1: all travel insurers are going to cover that because they're like,
Speaker 1: don't be dumb and go to a travel destination that's
Speaker 1: going to put you at significant risk. I can get
Speaker 1: behind that policy kind of makes sense absolutely, But then
Speaker 1: also does your destination require proof that you're insured for
Speaker 1: COVID nineteen medical related spencers? So interestingly, if you wanted
Speaker 1: to go to Singapore, you actually have to make sure
Speaker 1: that you have COVID nineteen travel insurance and a minimum
Speaker 1: coverage amount of thirty thousand Singapore dollars. Like would you
Speaker 1: have known that if you hadn't gone to a smart
Speaker 1: travel No. But then also you might have just gone,
Speaker 1: all right, I'm just going to get some cheap travel insurance.
Speaker 1: You would have got to their border and they would
Speaker 1: have been like, yeat home, my friend, because you were covered.
Speaker 1: The next is are you covered for the full duration
Speaker 1: of your trip? And can you extend your cover if
Speaker 1: you're overseas for longer than planned due to a canceled flight.
Speaker 1: So I don't know if this is travel hack or
Speaker 1: just me being anxious, but I always book my travel
Speaker 1: insurance to start the night before and end the night
Speaker 1: after I get back, because I just don't like the
Speaker 1: idea that, you know, if my flight was delayed and
Speaker 1: something happened and I was in an airport, like this
Speaker 1: is victory Divine's thought pattern, Like she's an anxious girl.
Speaker 4: But that helps you, right, yes, So.
Speaker 1: Like my anxiety is channeled into bettering the community. So
Speaker 1: if I got back at like, for example, I can
Speaker 1: tell you exactly I was meant to get back on
Speaker 1: Saturday morning at like six am or something, so I
Speaker 1: actually made sure that six am on Sunday might cover
Speaker 1: finished because I was like, I just don't want there
Speaker 1: to be any wiggle room of me being in the
Speaker 1: wrong here if something did happen. So, yeah, that's anxiety,
Speaker 1: gal love it trying to help you out. And then
Speaker 1: also any stopovers on the way to your destination covered,
Speaker 1: Like if there's a restriction on the amount of time
Speaker 1: that you can be in a stopover location, that needs
Speaker 1: to be taken into consideration, and what happens if you
Speaker 1: remain stuck in that location for an extended period of time.
Speaker 1: Speaking of stopover destinations and being triggered Georgia King, what
Speaker 1: lets play a quick little guessing game of how much
Speaker 1: money did stopping over in Dubai in international roaming fees? Oh,
Speaker 1: I'm so I did my research. My phone network allows
Speaker 1: five dollars roaming overseas, and I'm like, money, weed, now
Speaker 1: do five bucks? I have nailed this. Get to use
Speaker 1: my existing data for only five bucks a day. I'm
Speaker 1: not even gonna think about it. Get to Dubai. Turn
Speaker 1: on my phone to tell my mom, Hey, Mom, this
Speaker 1: is sick. I'm in Dubai and my phone starts racking
Speaker 1: up seven hundred maybe one hundred dollars in two hours
Speaker 1: in Dubai, seven hundred dollars. Because this very charitable individual
Speaker 1: was like, don't worry, Alex, don't worry Steph, don't worry Rose.
Speaker 4: It's a lot of.
Speaker 1: Got five dollar roaming tether to my phone. So they
Speaker 1: all used my intenet. I used Maintenet, and now I
Speaker 1: have a seven hundred dollar phone bill, which is a
Speaker 1: money loss, and I'm currently talking to them about trying
Speaker 1: to get out of that because that was not communicated
Speaker 1: to me. But maybe that's my stupidity. I should have
Speaker 1: known I can't be perfect in every way. A doll well,
Speaker 1: I look this up and then, to be honest, I
Speaker 1: think I've got this loophole right. So sorry, if you're
Speaker 1: all my phone provider and you're listening to this, halfway through,
Speaker 1: they send you a checht message and they say you're
Speaker 1: one hundred dollars over, and I was like, no, I've
Speaker 1: got five dollar roaming like that makes no sense. And
Speaker 1: my phone provider has a app, so I like logged
Speaker 1: onto the app and sent them a message and said, hey, like,
Speaker 1: I just got this text message saying that I'm one
Speaker 1: hundred dollars over like I'm on five dollar roaming. Can
Speaker 1: you please confirm? And they replied and said, yeah, just
Speaker 1: confirming you are on five dollar roaming. So I thought
Speaker 1: that was an error, not that I had one hundred
Speaker 1: dollar bill. So I think that that loophole of them
Speaker 1: confirming that kept using it just assuming then maybe that's
Speaker 1: how they measure it. Like, I don't know what this
Speaker 1: turns out. I'm just really silly. Oh girl, girl, that
Speaker 1: was not covered or my travel insurance Georgia King.
Speaker 4: See, we're learning from your mistakes. Was there anything else
Speaker 4: you wanted to cover off here?
Speaker 1: There's obviously a lot of different tips and tricks, and
Speaker 1: I might actually whack together a little blog post so
Speaker 1: that they're all there, because I feel like I've done
Speaker 1: their research and you guys should benefit from that. But
Speaker 1: the other thing I want to point out is if
Speaker 1: you're a cruise and you're going to go on a cruise,
Speaker 1: you need to be extra careful because a lot of
Speaker 1: travel inturers might not offer COVID nineteen for multi night cruises,
Speaker 1: which I thought was a bit wild, but something worthy
Speaker 1: of consideration because I think at this point in time,
Speaker 1: a lot of people going, oh, cruise seems really easy,
Speaker 1: but also like a bacon for cultivating COVID.
Speaker 4: Yeah, we'll remember at the start Princess Swan or something,
Speaker 4: I don't know, the Ruby Princess.
Speaker 1: They have such interesting cruise ship names.
Speaker 4: Absolutely, they're very sexy.
Speaker 1: When we were in Monaco. When we were in Monaco,
Speaker 1: there was this woman walking around for the flag and
Speaker 1: the plethora of Americans behind her, and her flag said
Speaker 1: celebrity cruisers, and I was like, Oh, those people don't
Speaker 1: look like celebrities, but they named cruises real weird names.
Speaker 4: Absolutely. I love a good cruise. Happy to have the boats.
Speaker 4: Have you been on a cruise? Yeah, with mom and
Speaker 4: dad when I was like eighteen, I was like, Mango
Speaker 4: Dakari please. I felt like such a spoiled little beach
Speaker 4: that was abst it was so good.
Speaker 1: Was it included?
Speaker 2: Yeah?
Speaker 4: It was like my money cares week.
Speaker 1: It was the best on a cruise. Looking at our producers,
Speaker 1: she says, no, but it is.
Speaker 4: It's very much an older demographic.
Speaker 1: Soon, Yeah, we can make a fun back to travel
Speaker 1: insurance question. Jking on tour lots of people be.
Speaker 4: On the IG wanted to know if their credit card
Speaker 4: company offers them default insurance when they travel. Is that
Speaker 4: a thing?
Speaker 1: It is a thing, and it's a really nice perk,
Speaker 1: and it can, from my perspective, be a really nice
Speaker 1: perk for the cost of your travel. So, say you
Speaker 1: booked your flights on your credit card. Usually then your
Speaker 1: credit card's like, wow, that entitles you to get free
Speaker 1: travel insurance from us. But the thing I would be
Speaker 1: really wary of is what's included and what's not included,
Speaker 1: because it's usually a very low cost group insurance policy
Speaker 1: that is probably not covering the things you need. And
Speaker 1: too many times people just go, oh my god, but
Speaker 1: I booked on my credit card, It's fine, I have
Speaker 1: automatic insurance. I'm like, did you even look at the policy?
Speaker 1: Do you even know what's included? I'm sure there are
Speaker 1: some credit card companies that have great travel insurance policies,
Speaker 1: but from my perspective, they're just not enough. They just
Speaker 1: don't cover enough of the stuff that I would want
Speaker 1: you personally covered for, and a lot of their priority
Speaker 1: is on, you know, making you feel good about booking
Speaker 1: your flights through your credit card. So it would cover
Speaker 1: loss of income if you missed your flights, or it
Speaker 1: might cover like loss of luggage or something. But they're
Speaker 1: not talking about expatriation, right, and that to me is
Speaker 1: the important part. Like, I just want to make sure
Speaker 1: that your body is safe and you get home in full,
Speaker 1: regardless of whether your laptop comes home with you or not.
Speaker 4: Sure, speaking of danger, danger danger driving cars overseas, often
Speaker 4: you're on the other side of the road. It's not
Speaker 4: that easy. Sure is there?
Speaker 1: Yes, there is? But did you know you also needed
Speaker 1: an international drivers permit? So in addition to having your
Speaker 1: driver's license, you need an international driver's permit. And I
Speaker 1: promise they're really easy to get if you aren't on
Speaker 1: your pea plates. If you actually have a full license,
Speaker 1: you just go through RACV or RACQ or whatever it
Speaker 1: is in your state. Just literally google IDP or International
Speaker 1: drivers Permit. But you actually need to have your Australian
Speaker 1: license and a complimentary international drivers permit to make sure
Speaker 1: that you are safe. And I say this not because
Speaker 1: you can't just go to France and hire a car.
Speaker 1: You can, but will your travel insurance cover you if
Speaker 1: you don't have your permit? Probably not so it's important
Speaker 1: to understand that the same thing happens. Like, you know
Speaker 1: how many Australians go to Bali. They're like, I just
Speaker 1: got a scooter, Like, of course they're going to lease
Speaker 1: a scooter to you. Are you actually covered on your
Speaker 1: travel insurance?
Speaker 2: No?
Speaker 1: And that's what we saw in that money diary ages ago,
Speaker 1: where her husband had a scooter accident wasn't covered because
Speaker 1: he didn't have a driver's license to drive that. So
Speaker 1: that is heartbreaking to think that. You're like, oh, I'm
Speaker 1: just on holiday, it'll be fine. But if you apply
Speaker 1: for your international driving permit, it's actually really easy. You
Speaker 1: can do it all online. I say that because I
Speaker 1: did it before I left. We didn't end up hiring
Speaker 1: a car, but I didn't want to be stuck for
Speaker 1: choice because like the idea of hiring a vintage French
Speaker 1: car to drive down the vintage French Riviera was very appealing.
Speaker 1: But when we got there and realized how expensive it was,
Speaker 1: I was like, I will catch that train. That is
Speaker 1: not an option. But in my head it was good
Speaker 1: and I think it only cost me about forty five dollars,
Speaker 1: so that's a bit of a money win. I think
Speaker 1: it lasts for a fair while as well, so it's
Speaker 1: like you need to get one every time.
Speaker 4: Yeah.
Speaker 1: Yeah, so that's pretty good. And technically it's also a
Speaker 1: requirement for renting cars in lots of other countries. But
Speaker 1: I know, and this is why I've like disclaimed it.
Speaker 1: I know people are probably going to rent you the
Speaker 1: car anyway because they want the sale. So it's about
Speaker 1: actually protecting you, not necessarily looking at what that car
Speaker 1: rental company will accept or not. It's actually about are
Speaker 1: you safe. That's the actual answer for me.
Speaker 4: There's also something about age in that. I remember when
Speaker 4: I was in Italy with my mates and I was
Speaker 4: twenty four but my mate was twenty five. It was
Speaker 4: much more affordable insurance wise for her to be driving
Speaker 4: the car.
Speaker 1: Yeah, yeah, yeah, I think it's because you were really
Speaker 1: young and irresponsible. Actually, just saw your name come up
Speaker 1: and nearly chop her. Not heard about her, no, sir,
Speaker 1: no sir. But yeah, over twenty five. I think it's
Speaker 1: over twenty five or over twenty six, because the same
Speaker 1: thing happens in Australia, like once you're off your pea
Speaker 1: plates and you have a full driver's license and you're
Speaker 1: over the age of twenty five, you're much better when
Speaker 1: it comes to like driving. Apparently you're safer. It's the
Speaker 1: reason why I could tell my sister she couldn't drive
Speaker 1: my car until she was over the age of twenty five.
Speaker 1: Now she is. I'm a bit disappointed.
Speaker 4: Because I've got no can't use that anymore.
Speaker 1: I can't use that anymore, brilliant.
Speaker 4: Before we wrap for the day, VD, do you have
Speaker 4: any last tips you want to lay on the ladies.
Speaker 1: So the one thing that I think people are going
Speaker 1: to think I'm a loser for, but you know what
Speaker 1: you want to do. You want to travel with your
Speaker 1: loser friend because they're the one keeping you in track.
Speaker 1: They're the one with the spreadsheet that I will share
Speaker 1: on my website at some point soon, so you can
Speaker 1: download and use it. But create a little drop box
Speaker 1: and put a copy of your driver's license, your passport,
Speaker 1: your driver's permit, or your credit cards or your travel
Speaker 1: pop it in there. I know it doesn't sound the safest,
Speaker 1: so probably spread them out so that they're not just
Speaker 1: in one location. For a robber. I often email myself
Speaker 1: those documents so that I know they're sitting in my emails,
Speaker 1: but that means if anything goes missing, you actually have
Speaker 1: a copy of it on hand. And too many times
Speaker 1: with pickpockets and stuff like that overseas, like it's not
Speaker 1: just going to be you forgetting it, it might literally
Speaker 1: just get stolen from you while you're on the metro.
Speaker 1: So I think having a copy of that is going
Speaker 1: to mean everything's so much easier. Like if you need
Speaker 1: to cancel a credit card, you can just call up
Speaker 1: and cancel it. If you need to get a new passport,
Speaker 1: you can just go to the embassy and be like,
Speaker 1: this is a copy of my passport. Can you please
Speaker 1: help me organize this? It makes their job easier, your
Speaker 1: job easier. And also, George, when I am traveling, I
Speaker 1: actually put my passport in the safe and I made
Speaker 1: some nice purchases and they were like, do you want
Speaker 1: the tax back on that? And I was like yes,
Speaker 1: and they were like, we need your passport and I
Speaker 1: was like, oh, it's in the safe and I was like, wait,
Speaker 1: I've got it on job box. Who So that was
Speaker 1: really helpful. I didn't actually have to carry my passport
Speaker 1: around go shopping day, which makes me feel a little bit.
Speaker 1: Then those are my hot tips. That's all I've got.
Speaker 1: If you think that's all our travel content done forever,
Speaker 1: you're wrong, because I'm going to stretch this europe trip
Speaker 1: out as much as possible.
Speaker 4: Brilliant, Thanks B. I feel like moral of the story
Speaker 4: is we need to make sure we have comprehensive insurance
Speaker 4: and that we're covered for repatriation and medical evacuation. Yes.
Speaker 1: Absolutely, it sounds like I'm being a really dramatic nanner,
Speaker 1: but like I promise you, those are the things that
Speaker 1: your friends and family are going to thank you for
Speaker 1: if something does happen.
Speaker 4: Yeah, for sure. All right, let's leave it. They're boring
Speaker 4: but important stuff. Let's get into it. The advice shed
Speaker 4: on She's on the Money is general in nature and
Speaker 4: does not consider your individual circumstances. She's on the Money
Speaker 4: exists purely for educational purposes and should not be relied
Speaker 4: upon to make an investment or a financial decision. And
Speaker 4: we promise Victoria divine and She's on the Money are
Speaker 4: authorized representatives of Infocused Securities Australia Proprietary Limited ABN four
Speaker 4: seven zer A nine seven seven nine seven zero four
Speaker 4: nine as two three six five two.
Speaker 1: Three and as always, we would love it if you
Speaker 1: joined our Facebook group, where our community shares money tips,
Speaker 1: travel tricks every single day, free of judgment. So she's
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Speaker 1: bad at TikTok, where she's on the money a us. Also,
Speaker 1: don't forget to rate, review, subscribe to us to make
Speaker 1: sure that we still feel the love.
Speaker 4: That would be so nice, it'd be so nice, So nice,
Speaker 4: it would be so nice.
Speaker 1: All right, see your Friday, guys, Bye, guys.
Speaker 4: See then,