Navigating travel insurance can seem daunting, but with Westpac Travel Insurance, securing peace of mind for your journeys is straightforward. Westpac partners with Allianz Global Assistance (AGA), a trusted insurer, to offer travel insurance solutions designed to protect you on your trips. This collaboration ensures that you have access to reliable coverage while benefiting from Westpac’s trusted financial services network.
When you consider Westpac for your travel insurance needs, it’s important to understand the relationship between Westpac and Allianz. Westpac, as a referrer, connects clients with Allianz Australia Insurance Limited for their travel insurance policies. It’s Allianz who issues and manages the insurance, trading under the name Allianz Global Assistance. This means your policy is underwritten by a reputable insurer, while Westpac facilitates the introduction and may receive a commission for these referrals. Specifically, Westpac may receive a commission of up to 10% of the premium (exclusive of GST) when you purchase travel insurance through this referral.
To make an informed decision, it’s crucial to review the key documents associated with Westpac Travel Insurance. The Product Disclosure Statement (PDS) is paramount. It contains all the essential details about the insurance, including terms, conditions, exclusions, limits, and sub-limits. Reading the PDS will help you determine if the insurance aligns with your personal objectives, financial situation, and travel needs. Similarly, the Target Market Determination (TMD) outlines who this product is designed for, ensuring it’s suitable for your specific profile. Both the PDS and TMD are readily available from AGA, allowing you to access comprehensive information before making a commitment.
Westpac also provides transparency regarding your personal information. Their Privacy Statement, accessible on the Westpac website or via phone, details how they handle your data. This document explains how you can access and correct your personal information, how to lodge a privacy complaint, and how Westpac collects, uses, and discloses your personal information. For further details on Westpac’s financial services and credit offerings, the Financial Services Guide and Credit Guide are also available for your review.
By choosing Westpac Travel Insurance, you are taking a proactive step to protect your travel investments and well-being. Exploring the plans available through Allianz will allow you to find a policy that suits your specific travel requirements, giving you confidence and security on every adventure.
