Annual Travel Insurance

If you are not traveling several times within a year, then single trip insurance is usually the most cost-effective form of travel insurance for you. All you need to do is pay just for the number of days you need to be covered. Just make sure that each trip is no more than the period you indicated when you purchased the policy.

In contrast, an annual travel policy will cover you for multiple trips. But you do not have to travel four or five times a year to make the purchase of yearly travel insurance worthwhile. Even if you plan on traveling just a couple of times in a year, annual travel insurance plans can already save you money on the cost of buying two separate single trip plans, especially if you are traveling with your spouse or children.

Of course, annual travel insurance pays for itself if you are making multiple trips within a year. With just one application and one payment, you are ready for a year of short trips. You can leave at a moment’s notice without having to worry about arranging travel insurance because you already have it in place.

Suppose you need to travel often to visit a friend or relative, head overseas frequently for business travel, or enjoy traveling for pleasure. In that case, multi-trip travel insurance is the ideal option for you.

For longer trips abroad, consider a Travel Medical Insurance plan.