Annual Travel Insurance
What is Annual Travel Insurance?
Annual travel insurance—also known as multi-trip insurance—provides coverage for multiple trips within a 12-month period. Instead of buying separate insurance for each journey, this policy protects you throughout the year, no matter how often you travel.
Who Should Choose Annual Travel Insurance?
Annual policies are ideal for frequent travelers—whether for business, holidays, or both. If you travel more than twice a year, an annual plan is often more cost-effective and convenient than purchasing single trip cover each time.
What Does It Cover?
Annual travel insurance typically includes emergency medical expenses, trip cancellations, baggage loss, travel delays, and personal liability. It usually sets a maximum duration per trip (e.g., 30 or 60 days), and you can choose coverage for specific regions such as Europe or worldwide, with or without the USA and Canada.
Benefits of Annual Travel Cover
With annual travel insurance, you’re always ready to travel without the need to arrange new coverage for each trip. It saves time, offers peace of mind, and can be more economical for regular travelers. You can also customize your plan with optional add-ons like winter sports or business equipment cover.
How to Choose the Right Policy
When choosing an annual policy, consider how often you travel, your destinations, and the length of each trip. Be sure to check the maximum trip duration, and ensure any pre-existing medical conditions or high-risk activities are covered.
FAQs
There’s no limit on the number of trips you can take in a year, as long as each trip falls within the maximum duration specified in your policy.
European cover includes travel within Europe only, while worldwide cover extends to other continents. Some worldwide policies exclude or include the USA/Canada, which affects the premium.
In most cases, annual policies are non-refundable after the cooling-off period, even if you don’t end up traveling. Check the insurer’s terms before purchasing.