Whether you’re going abroad for studies, a job, or a holiday, unexpected events can pop up while travelling. It could be flight delays, trip cancellations, lost bags, accidents, or medical emergencies. With travel insurance, you can have peace of mind and be protected against unforeseen difficulties like these abroad.
Many travel insurance service providers in New Zealand offer packages to residents. The popular bank, ANZ, offers comprehensive overseas travel insurance to ANZ Airport Visa Platinum credit card holders.
If you currently have an ANZ Premium card like the Airport Visa Platinum credit card, or are looking to get one, read on to learn more about the travel insurance the bank offers. Plus, check out how the Wise Travel Card can save you from high exchange rates or transaction fees that other cards may have when travelling abroad.
The ANZ Airport Visa Platinum is a credit card the bank offers its customers in New Zealand. The card comes with a range of benefits, including complimentary overseas travel insurance for cardholders and their families.
It's important to note that ANZ doesn’t have a separate travel insurance product that residents can purchase when they want to travel overseas. So, if you don’t have an ANZ Airport Visa Platinum credit card, you are ineligible for ANZ travel insurance.1
In addition to being a cardholder, you may need to meet additional requirements to qualify. Let’s check out the ANZ travel insurance eligibility criteria.
Here is how to be eligible for ANZ travel insurance:2
You can check for your eligibility for coverage at www.checkyourcover.co.nz.
ANZ can request additional documents, such as your passport, residency visa, travel booking receipts, and other documents relating to your ANZ Premium card account.
Here is how to activate your travel insurance policy with the ANZ Premium card:3
ANZ has a maximum period of 90 consecutive days of insurance coverage for each trip. If your trip is longer than 90 days, you become entirely ineligible for coverage under the policy, even for the first three months of the trip.
Once abroad, if you need more time on your trip, you can extend your insurance coverage. Contact ANZ for details.
ANZ Premium Card overseas travel insurance covers the following events.5
| Travel Disruptions and Cancellations | Maximum Benefits Allowed |
|---|---|
| Journey cancellation | No limit |
| Additional expenses | No limit |
| Travel delays | $15,000 NZD |
| Journey resumption | $10,000 NZD |
| Epidemics or pandemics | No limit |
| Medical Expenses | Maximum Benefits Allowed |
|---|---|
| Medical repatriation | No limit |
| Medical repatriation due to a terrorist attack | $250,000 NZD |
| Emergency dental treatment | No limit |
| Hospital cash | $5,000 NZD |
| Search/rescue from a natural disaster | $20,000 NZD |
| Funeral expenses | $25,000 NZD |
| Life Benefits | Maximum Benefits Allowed |
|---|---|
| Death by accident or permanent total Disability for adults | Adults - $100,000 NZD |
| Death by accident or permanent total Disability for dependent children | $10,000 NZD |
| Death by accident or permanent total disability due to a terrorist act | $25,000 NZD |
| Loss of income due to an event | $12,000 NZD |
| Loss of baggage, personal valuables, money, and travel documents | Maximum Benefits Allowed |
|---|---|
| The total limit for personal baggage compensation | $30,000 NZD |
| General term limit for personal baggage | $2,000 NZD |
| Valuables like portable computers or cameras | $5,000 NZD |
| Emergency Baggage | $1,500 NZD |
| Replacing travel documents | $5,000 NZD |
| Personal money loss | $500 NZD |
| Rental Vehicle Excess | Maximum Benefits Allowed |
|---|---|
| Rental vehicle excess | $6,000 NZD |
| Personal Liability | Maximum Benefits Allowed |
|---|---|
| Personal liability | $2,500,000 NZD |
| Defence costs, including wrongful arrest | $13,000 NZD |
| Kidnapping/Ransom Payment | Maximum Benefits Allowed |
|---|---|
| Kidnap and ransom extortion | $250,000 NZD |
| Accident Insurance | Maximum Benefits Allowed |
|---|---|
| Transport accident insurance | $1,000,000 NZD |
ANZ Premium overseas travel insurance does not cover any pre-existing medical conditions and medical expenses are not covered for people over the age of 75.
ANZ offers complimentary overseas travel insurance to ANZ Airport Visa Platinum credit cardholders. Unlike other travel insurance providers, the bank doesn’t provide different types of packages depending on your trip and destination. Instead, there is a single package with comprehensive coverage.
All you need to be eligible for ANZ overseas travel insurance is to have an ANZ Premium card and book your travel and other travel-related expenses with it.
If you’re new to ANZ, here is how to apply for an ANZ Airports Visa Platinum card:6
The annual fee for an ANZ Airports Visa Platinum card is $150 NZD, and your minimum credit limit will be $8,000 NZD.
ANZ Travel Insurance is available with your ANZ Airports Visa Platinum credit card, so you don’t need to apply for travel insurance separately. However, you must check your eligibility:7
Keep in mind that though insurance coverage is available on your ANZ Airports Visa Platinum card, you must activate it before your travel dates.
If you have ANZ travel insurance, in most cases you’ll have to pay expenses upfront and then file a claim to be reimbursed. Here’s how you can file a claim online with ANZ:8
Once you submit your claim, you’ll receive an acknowledgment. The claim management team will contact you within ten business days with an approval decision or if they need more paperwork.
Allianz Partners provides emergency assistance to ANZ Premium Card travel insurance customers 24/7 365 days a year.9
If you have activated your travel insurance policy, are overseas and need emergency assistance, contact Allianz Partners. Medical and travel assistance is available worldwide. You can make a reverse charge call to: +61 7 3305 7194. Provide your name, ANZ credit card details, overseas contact number, and policy number (if applicable and available).
You can contact ANZ Travel Insurance using the following methods:10
Now that your travel insurance is figured out, how about your money? Travelling overseas used to be expensive and cost lots of fees, but not anymore. The Wise Travel Card has made paying overseas simple, easy and fast when you travel.
The Wise Travel Card is a debit card that allows you to load up to 40+ currencies and spend in 160+ countries—making country-hopping or extended trips abroad seamless.
Your Wise Travel Card offers attractive features like contactless payments, which you can use in your Apple Wallet or Google Pay. The best feature of the Wise Travel Card is that it uses the mid-market exchange rate, so you’re never paying a markup on currency exchange.
Get the Wise Travel Card today and enjoy your next holiday hassle-free.
You are declared medically unfit to travel by a registered practitioner because of an illness or injury experienced during the trip OR
Your transport experiences an unexpected delay, resulting in your homeward journey being completed outside the insurance period.
Under these circumstances, ANZ can extend your coverage by six months to enable you to complete your journey.
Please see the terms of use and product availability for your region or visit Wise fees and pricing for the most up-to-date pricing and fee information.
Sources used for this article:
Sources verified on 7 July 2024.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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