Annual Travel Insurance

When you begin to look into travel insurance comparisons, you'll swiftly be faced with the decisions of whether you buy single trip or annual travel insurance. Both forms of travel insurance come with their advantages and disadvantages. Whether you buy annual travel insurance cover or single trip should be a reflection of your likely travelling habits for the next twelve months.

Why buy annual travel insurance?

Annual travel insurance is essentially a twelve month policy which provides you with travel insurance cover for multiple trips during the period of cover. The level of cover obviously varies between the annual travel insurance providers so always read the small print and check the exclusion clauses.

For frequent travellers, an annual travel insurance policy will normally work out as a cheaper travel insurance option in comparison against the single trip option. In reality, when you buy an annual travel insurance policy, you're benefiting from a bulk discount. Other benefits of an annual travel insurance policy include the reduced administration and hassle involved in organising a new policy for each trip.

Not only can you take advantage of a bulk discount in buying more days of travel insurance cover, but most annual travel insurance policy allow you to extend it to family travel insurance. This would mean that a child travelling on a school trip is automatically cover by your annual travel insurance policy too.

When is annual travel insurance best?

The relevance of an annual travel insurance policy is down to the individual. However, if you travel more than three times a year, you like to be covered for almost any eventuality and don't mind a little added cost for the privilege, an annual travel insurance purchase might be your best option. Think of the ease with which you can get away on a last minute deal when you know you've got your annual travel insurance sorted!