If you find yourself traveling more and more for business or pleasure, then you are likely growing tired of securing new travel insurance each time you take another trip. While travel insurance is certainly an absolute necessity when you are traveling, so you should not go without it, there are ways to make your experience with travel insurance a bit easier if you travel more than most people.
Having travel insurance for your annual trip schedule is a great option for this purpose. By covering the entire time period of a year rather than the shorter duration of a single trip, you can purchase adequate insurance coverage on an annual basis, and get a better rate for doing so.
To provide you with a bit more information about this option, let’s look at some of the reasons why a frequent traveller should use annual trip travel insurance.
Travel With Ease Throughout The Year
The best part about annual trip travel insurance is that you can simply purchase it once and then travel with coverage for an entire year. This allows you to rest assured that you are covered for any trip you take during this time without the need to panic and look for an insurance package before you take each small trip. You also have the flexibility to take as many trips as you want within this time, and still remain covered.
Not only is this highly convenient, but it is also usually one of the most cost-effective ways of finding travel insurance. In fact, if you usually travel more than three times per year, then annual trip travel insurance is usually the best option to go with. Ultimately, the more that you travel throughout the year, the more savings you will reap.
Best of all, you can even find travel insurance providers who will automatically renew your annual trip insurance coverage each year. This will allow you to remain covered without having to remember to make the effort to renew it yourself. If traveling is an essential part of your day-to-day lifestyle or if you need to be prepared for short trips as a business professional, then this is a fantastic option to consider.
Most Contingencies Are Covered
Annual trip travel insurance, like single trip travel insurance, covers many contingencies and issues that can impede a trip. This includes trip cancellation coverage, emergency dental treatment, luggage coverage, legal expenses coverage, and some pre-existing medical conditions.
Be sure to check with your travel insurance provider to understand what precisely is covered by the annual trip travel insurance package that you are looking at. If you have pre-existing medical conditions, then you may need to pay higher premiums in order to find the coverage that you need.
Plan Your Trips Around The Guidelines
One important thing to keep in mind when considering annual trip travel insurance is the amount of time that your provider considers to constitute a “trip”. Depending on the rate that you choose to pay, for example, this may range from a month to 60 days, from many providers. If you plan on taking a trip that is longer than these periods, without returning back to your home country, then you may need to think about alternatives for such an extended trip.
Weigh The Advantages
Depending on the nature of your travel plans and your lifestyle, annual trip travel insurance can be a flexible and cost-effective option. While it is not suitable for every trip, you will find that even if you take a few trips per year that you will come out ahead if you opt for annual coverage.