Compare Annual Travel Insurance
Whether you’re taking multiple holidays, travelling the world or simply going on business, it’s always a good idea to take out annual travel insurance to cover you should the worst happen.
An annual policy is taken out on a yearly basis. Unlike single travel insurance, which covers you only for the duration of one break, annual travel insurance covers you regardless of how many trips you take. While initially pricey, annual travel insurance can work out to be more cost-effective than single trip insurance – if you’re lucky enough to have more than one holiday a year.
Always remember, there are a number of important things to consider if you’re looking to purchase a multi trip policy.
While policies vary from provider to provider, the main purpose of travel insurance is to cover the cost of medical treatment abroad and pay for you to be transported home. Your policy will also cover lost or stolen baggage and refund trips that need to be cancelled or cut short.
When buying a travel insurance policy, you will need to make sure your policy covers the country you’re visiting. A trip to the USA, Canada, The Caribbean or anywhere considered worldwide will require extra cover in the event of costly medical bills. Your travel insurance will not cover you if you’re travelling to a country that the Foreign & Commonwealth Office (FCO) doesn’t consider to be safe. For more information, please check the FCO website.
Many people often forgo travel insurance if they have a European Health Insurance Card (EHIC). If you require medical treatment while travelling within European countries, the EHIC allows you to get treatment on the same basis (free or low cost) as people who live in that country. However, the EHIC isn’t a substitute for travel cover and wouldn’t pay for getting you home or other costs linked to a medical emergency. Some European countries do not recognise the EHIC so be aware when travelling.
Annual travel insurance works for individuals travelling to multiple countries throughout the year. You can also buy it as a couple, family or a group. Remember to include the dates of birth and medical conditions of other travellers for an accurate quote.
If you plan on taking a winter sports holiday or a cruise, be aware that not all policies will cover you. Skiing and Snowboarding have an increased risk of injury, while cruises will require specific elements, such as cover for being confined to your cabin or an emergency airlift to hospital.
If you’re planning on taking up an extreme sport while abroad, you might need to check whether things like bungee jumping or white water rafting are covered in your policy.
If you have a pre-existing or underlying health condition, it could mean you’re more likely to need medical help while you’re away. As a result, some conditions will make your insurance more expensive, but this isn’t the case with all conditions.
It’s important to be honest and list any medical conditions to give providers the correct information they need. Failure to do this could result in you being charged more by your provider or not being covered at all. Worse, if your insurer discovers that a medical emergency on your trip was linked to an underlying condition, they could refused to pay your bills.
Finding the right annual trip insurance doesn’t have to be time consuming. Comparebyreview.com are the first and only comparison site that focuses and ranks providers exclusively on customer experience and product quality. Unlike price comparison sites, we analyse thousands of real customer experiences to provide a simple, impartial comparison of travel insurers so you can purchase the right policy that works best for you.