Credit cards often offer travel insurance if you book your holiday using the card, but do those policies offer enough protection? Australian Business Traveller examined the policies currently on the local market, and concluded that you'll get a good deal for damaged possessions and lost cash cover, but need to check carefully to make sure the policy is activated and that it covers the length of your trip.
Another trap which isn't always obvious is that you might not actually be covered for items lost during your travels, even if that seems like one of the key reasons to have travel insurance. As the review explains:
Most credit card travel insurance policies we looked at specifically exclude lost items — meaning that they only cover theft or damage. Look out for wording like: "we will not pay for items left behind, forgotten, or misplaced".
Hit the full post for recommendations on cards to use, cards to avoid and other pitfalls, and tell us your best and worst credit card travel insurance finds in the comments.