Annual and Single Trip Travel Insurance – The Great Debate

Travelling around the world is definitely an exhilarating experience. No one can deny the fact that travelling to foreign land has some risks. It doesn’t matter if you are travelling for a business or leisure; you certainly need much planning before the trip. Moreover, even after the vigilant trip planning, you cannot ignore the risk of mishaps such as medical emergencies, natural catastrophes, terrorism, theft, and damage. This is why it is advocated to get an annual or single trip insurance to stay tension free.

Both types of trip insurance will provide legitimate cover on the listed mishaps on the insurance deal. However, it is important that you must conclude which type of insurance is beneficial for you. The annual trip insurance provides legitimate cover for multiple trips in a year. On the other side, if you are not a frequent traveler and travel only on holidays then single trip travel insurance is there for you.

However, it is advocated that if a person or a family travel more than twice in a year then annual travel insurance is more cost-effective, since it is cheaper and provides more benefits than single trip coverage. For instance, in the UK, the single trip travel insurance would cost £42 for the two-week trip to the United States. Whereas, the annual multi trip insurance would cost £65 for a multi-trip to the United States giving an extensive list of benefits (such as winter sports insurance) for a small fee or free of charge. Moreover, this type of insurance offers legitimate cover of £10 million on medical expenses, £1,500 on baggage protection, and £3,000 on the cancellation of the holiday which is more than if taking single trip coverage.

Additionally, the annual trip travel insurance also provides insurance cover for the trips of family members during the insurance period. The annual trip travel insurance offers greater cancellation and medical cover, which lacks in single trip travel insurance. Also, it is beneficial for the people whose travel plan is uncertain and they require last-minute insurance deals. With the annual trip travel insurance, you don’t have to worry about the insurance coverage on the trip. You can travel at any time with the assurance of being covered on your travel.

How to Get Cheap Single Trip Travel Insurance

So you are planning a trip away or have already done so and now you want to sort out the travel insurance. People often neglect to spend any time on choosing their holiday, why should they a holiday is meant to be fun, a week or two to not worry about every day life.

Many people will first find out about getting cover for their holiday when they book up at the travel agents. Not knowing or not wanting to know insurance just seems like another necessary expense that you wish you could do without.

We all need to make sure you have the proper cover if you are travelling abroad. Whilst this is something you do not like to think about you can never know what will happen whilst you are away. Your flight may be cancelled, your luggage lost or stolen or worse you become ill or have an accident during your holiday.

So now we know what can happen how can you get cheap single trip travel insurance but without having to skimp on cover. There are several different types of policy you can get and each one will cover different aspects of your holiday cover, much like getting fully comp car insurance or third party fire and theft.

A single trip policy will be your cheapest option of you are only planning to take one trip abroad this year. If however you are planning on taking more trips it may be worth considering an annual multi trip policy as you would usually save money over the cost of buying separate single policies.

One thing to remember when choosing any policy is not to sacrifice cover for cost. Many policies will just be cheaper because they do not cover everything. Make sure any particular cover encompasses what you actually need.

You can find the cheapest insurance by using an online travel insurance comparison site. This will list all policies that meet your specific requirements side by side. This makes it easier to compare and choose the holiday cover that provides the best cover for the lowest cost.

You should be aware of any excess, like all types of insurance there is generally some excess payments you will be liable for. This is the amount you will have to pay as the first part of any claim. The higher the amount you are willing to accept the lower the premium cost of the insurance policy.

Annual Trip Travel Insurance – Is it Right For You?

There are no guarantees when it comes to accidents or unforeseen circumstances. Therefore, who could be positive that they will not need Annual Trip Travel Insurance?

How sure are you that your trip or vacation will go on without an accident or incident that will require you to postpone the end of your trip until a later time? How sure are you that when on your trip or vacation you will not get injured and require medical attention that would not be covered by your health insurance?

If you are certain that nothing will accidentally happen during your trip or vacation then by all means, do not look into the different Annual Trip Travel Insurance that is available for you. However, if you are living in the world of reality and know that accidents and incidents do happen, then by all means, shop around. Find yourself the most comprehensive Annual Trip Travel Insurance you can.

A note worth mentioning, make sure to compare all the policies available to you. Compare not only the benefits but also the costs and the companies issuing the policies. Make sure you know who you are dealing with and what you are purchasing. If you get taken purchasing a policy, there is only one person you can blame…yourself.

Annual Trip Travel Insurance is a very sound investment. Accidents do happen and you can not be certain when they will or they would not be called accidents. It is a very prudent decision indeed to try to prevent an accident from ruining a trip that you have planned as long as you can afford the insurance.

Look around and choose the Annual Trip Travel Insurance that best meets your needs. You will be glad you did.