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Budget Policy

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Budget Policy is one of the top outlets in Australia that let you buy all complaint health insurance policies at lower costs.

What Budget Policy does

Budget Policy is an online platform for comparing and buying Overseas Student Health Cover (OSHC) and Overseas Visitor Health Cover (OVHC) in Australia. It shows plans from providers including ahm, nib, Allianz Care Australia, Medibank, AIA Health and Bupa, with real-time pricing and instant policy certificates. Plans are offered for visas including Student Visa (500), Temporary Graduate Visa (485), Visitor Visa (600) and Training Visa (407). Customers can pay by credit or debit card and other methods. The site also has an agent sign-up for people who want to sell policies through it.

Summarised from the business's own website, checked October 2026. Not written or endorsed by the business.

About

Budget Policy provides the best insurance policies at very low prices.

Choosing an insurance provider or broker

The cheapest policy is often the one that pays least. Compare what is excluded, not just the premium.

What to check

  • Authorised by the insurance regulator
  • Exclusions and excess on each policy
  • How claims are made and how long they take
  • Whether a broker is paid by commission

Questions to ask

  • What is not covered?
  • How do I make a claim, and who handles it?
  • Will my premium rise after a claim?

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