Low Cost Annual Holiday Travel Insurance For Frequent Travelers

December 6th, 2007 Posted in Annual Holiday Travel Insurance

All kinds of problems such as cancellations, flight delays, incidents of ill health and baggage loss remind us constantly how holiday insurance really is essential when taking a trip away. However, travel insurance is not cheap and can add quite a supplement to the price of your holiday. The solution to this is, especially if you travel quite a lot , is a very simple one - Annual Holiday or Travel Insurance.

Annual holiday travel insurance will provide you with the same cover as the other policies but instead of having to purchase insurance for every trip you make individually, you will pay just one premium and this will take into account all the trips you make throughout the year. This represents a very good saving for people who go away regularly. Calculations show that if you have at least two holidays per year you are better off with an annual holiday travel insurance policy.

Who Will Sell You Annual Holiday Travel Insurance?

Medjet and Travel Guard are two well know companies offering annual holiday travel insurance, and although there are several others, these two clearly show the distinctions existing from one policy to another. Medjet is a leader on medical coverage while Travel Guard provides a fully comprehensive cover. If you decide to go ahead with an annual policy, check out a variety of independent insurance businesses and agents, making sure to read the small print after discussing your specific needs with the representative of the company.

How Much Should You Expect To Pay?

From as little as $100 American, annual holiday travel insurance policies cover all trips you take during a twelve month period. Compare this to the average single trip cost of $60 American and you will see immediately the savings you are going to make as a frequent traveler. The premium cost is likely to be higher based on any extra cover you require, so make sure you consider every option open to you before finally deciding.

You should also remember that this insurance is paid annually and if you end up making only one trip throughout the year you will probably have paid over the odds by purchasing an annual insurance policy. However, if you are absolutely certain that you will be jetting off on a regular basis throughout the year, an annual holiday travel insurance is the policy for you.