What is Annual Travel insurance?
For those individuals who travel overseas frequently, there exists a type of insurance policy that covers an entire year period. This is often referred to as frequent flyer, multi trip or annual travel insurance. Generally an annual travel cover policy will include both business and holiday trips.
Why Annual Travel Cover?
With an annual insurance policy you should be covered for the following: medical expenses, cancellation costs, additional expenses, loss of income, travel delay and resumption of trip. A quality annual travel cover policy should also cover ones spouse/travel partner and any children grandchildren travelling with the policy holder for the duration of the trip.
Ideally, not only does a quality annual insurance cover include your travel partner, there should also be no maximum number of trips allowed per year.
Annual Travel Insurance