Single and Multi-Trip Travel Insurance
Taking out travel insurance has never been as important as it is today, when the costs associated with taking holidays abroad are rising all the time. The sad fact is that if you are not covered by the right type of insurance, and are then taken ill whilst holidaying abroad, the result can be a financial disaster from which you never recover.
The golden rule when considering travel insurance should always be to expect the unexpected. Even if you are in excellent health, things can go wrong without warning.
There are many different types of travel insurance policy available, and the first choice you will usually need to make is between single-trip and annual cover. The former policy option gives cover only for the duration of the specified holiday or break. Annual travel insurance, also called multi-trip insurance, will cover you throughout the whole year. This is usually the better deal as you can make big savings over the single-trip variety. If you make only the one trip with single-trip insurance it won’t be much cheaper than taking out cover for the entire year.
It is also more convenient to take out cover for the year, especially for people who have enough paperwork on their hands and are liable to forget when their insurance policies expire and need renewing. If your trips take you to places inside and outside the EU, or you need different types of cover for different circumstances throughout the year, a simple phone call is usually all it takes to adjust the policy to suit your needs.