Yeah, that's my expectation.
I think that there is a way around that, but I am not about to detail that here...
I tend to agree.
However, what I haven't yet done, but will, is compare, in detail, the T&Cs of my current preferred travel insurance, CBA ultimate included insurance, and HSBC included insurance.
At first glance, the HSBC included insurance is very good. Activation only requires spending $500 of pre-paid expenses. It also includes domestic insurance.
If the comparison stacks up, $450 is very cheap for an annual TI policy.