How does annual holiday insurance work?
Annual travel insurance policies work the same as single trip policies. The significant difference between the two is that annual policies cover you for multiple trips within a 12 month period. Like single trip travel insurance, you’ll need to take out extra cover if you plan on doing any high-risk activities while you’re away.
What does annual travel insurance cover?
Things to consider
Where are you travelling to?
When you’re taking out an annual travel insurance policy, you will need to ensure your policy covers the countries you’re visiting. You’ll have the choice between Europe, Worldwide (the USA, Canada and the Caribbean) or Worldwide (including the USA, Canada and the Caribbean).
How many times are you planning on travelling within 12 months?
Some providers may put a limit on how many times you can travel on an annual travel insurance policy so it’s worth checking the terms and conditions of your policy if you’re unsure.
How long will each trip you’re taking last?
Many policies will state that each holiday can’t exceed a certain number of days, usually 31. However, some providers will let you define this when you’re getting a quote. It may be possible for you to get an extension on the trip duration but this will depend on your age and the level of cover you want. If you need an extension, you should contact your provider but in some cases, it will be easier to take out a separate single trip policy for that specific trip.
Do you plan on doing any activities or sports?
Many travel insurance policies exclude cover for extreme sports and activities such as skydiving and rock climbing. If you plan on doing any high-risk activities while you’re on holiday, you’ll need to ensure that your travel insurance policy covers that specific activity. You can take out extra cover for this if necessary.
What are the pros and cons of annual travel insurance?
Pros
Cons
What other types of travel insurance can I get?
The type of cover you need depends on where you’re travelling to, why you’re travelling and who you’re travelling with. Other types of travel insurance include:
- Single trip travel insurance – covers you for travel to one destination.
- Winter sports travel insurance – if you’re planning on doing any winter sports, you’ll need extra cover.
- Family travel insurance – provides cover for the whole family under one joint policy.
- Cruise travel insurance – if you’re going on a cruise, you’ll need specific cruise travel insurance policy in place.
- Over 65s travel insurance – if you’re over 65, you’ll need a specialist travel insurance policy in place before you travel.
- Business travel insurance – provides specific cover for people that are travelling abroad for work.
Compare annual travel insurance providers
1st
Review Score
9.87
based on 149204 reviewsSingle trip quote
£10.47
Annual trip quote
£58.82
Medical cover limit
No limit
Cancellation cover limit
£5k
2nd
Review Score
9.78
based on 41573 reviewsSingle trip quote
£7.40
Annual trip quote
£22.86
Medical cover limit
£20m
Cancellation cover limit
£3k
3rd
Review Score
9.68
based on 22602 reviewsSingle trip quote
£9.98
Annual trip quote
£60.50
Medical cover limit
No limit
Cancellation cover limit