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Annual
or multi trip travel insurance is a suitable
type of travel insurance for those who
frequently travel abroad, making several
trips each year, whether they are for
business or pleasure. The main advantage
of annual travel insurance over regular
travel insurance is the financial saving
that can be made. For a single annual
payment, you will be fully insured whenever
you are abroad during that year. The terms
and conditions can vary between policies,
but it is possible to obtain insurance
for unlimited journeys abroad, which can
make a significant saving over obtaining
a new travel insurance policy each time
you travel abroad.
A
typical annual insurance policy may cover
an unlimited number of journeys abroad
during the year of insurance, where each
journey will have a maximum time limit
(commonly 31 days). There may be some
restrictions as to whether you are insured
for both business and pleasure trips;
you should check the terms and conditions
of the policy to clarify this. A wide
range of activities may also be covered,
and some policies allow cover for winter
sports holidays taken during the term
of your travel insurance policy. Some
common activities that are covered include
everything from hill walking to archery
to rafting and kayaking. If you plan to
undertake any physical activities such
as these while abroad you should again
check the terms and conditions of your
policy so that you know exactly what activities
you are covered for.
Annual
travel insurance is very useful for people
who go on holiday or vacation several
times a year. Normally, in order to ensure
that you are completely insured while
abroad, you would have to take out a separate
policy for each holiday. As one can imagine
the cost of doing this can turn out to
be quite significant, therefore it is
advisable for regular travellers to consider
an annual insurance policy over several
“smaller” policies. Conversely,
if you are an occasional traveller, an
annual insurance policy may not be what
you are looking for as you will probably
not see the value of the policy unless
you make several trips abroad in a year.
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Annual
Travel 
Annual Travel Insurance