Annual Travel Insurance or Multi-Trip coverage is the perfect solution for anyone who likes to travel away from home several times a year. Annual travel insurance plans cover a whole year of trips, whether for business or pleasure, up to a certain maximum duration for each trip.
These comprehensive policies offer a complete package of benefits. Coverage is available for individuals or families taking multiple trips abroad during the policy year.
Review and compare some of the benefits, coverage options, and costs of yearly travel insurance as detailed below. Take note that there will be a limit on the number of days you can travel for each trip. Oftentimes, you will be allowed to select from either 30, 45, or 60 days of cover for each trip.
Annual Travel Insurance or Multi-Trip coverage is the perfect solution for anyone who likes to travel away from home several times a year. Annual travel insurance plans cover a whole year of trips, whether for business or pleasure, up to a certain maximum duration for each trip.
These comprehensive policies offer a complete package of benefits. Coverage is available for individuals or families taking multiple trips abroad during the policy year.
Review and compare some of the benefits, coverage options, and costs of yearly travel insurance as detailed below. Take note that there will be a limit on the number of days you can travel for each trip. Oftentimes, you will be allowed to select from either 30, 45, or 60 days of cover for each trip.
Best Annual Travel Insurance Plans
Annual Travel Policy for All Nationalities
Patriot Multi-Trip Insurance
- Annual travel medical coverage
- Designed for individuals and dependents
- Full year of cover for trips of 30, 60, or 90 days in length
Annual Travel Medical Insurance for U.S. Citizens
Trekker MultiTrip Travel Insurance
- Up to $500,000 for sickness and accidents
- $500,000 medical evacuation benefit
- Unlimited Trips Outside the U.S. for trips up to 70 days
Why Choose Annual Multi-Trip Travel Insurance?
If you are not traveling several times within a year, then single trip insurance is usually the most cost-effective form of travel insurance for you. All you need to do is pay just for the number of days you need to be covered. Just make sure that each trip is no more than the period you indicated when you purchased the policy.
In contrast, an annual travel policy will cover you for multiple trips. But you do not have to travel four or five times a year to make the purchase of yearly travel insurance worthwhile. Even if you plan on traveling just a couple of times in a year, annual travel insurance plans can already save you money on the cost of buying two separate single trip plans, especially if you are traveling with your spouse or children.
Of course, annual travel insurance pays for itself if you are making multiple trips within a year. With just one application and one payment, you are ready for a year of short trips. You can leave at a moment’s notice without having to worry about arranging travel insurance because you already have it in place.
Suppose you need to travel often to visit a friend or relative, head overseas frequently for business travel, or enjoy traveling for pleasure. In that case, multi-trip travel insurance is the ideal option for you.
For longer trips abroad, consider a Travel Medical Insurance plan.
What Does Annual Travel Health Insurance Cover?
A great benefit of annual travel insurance is that it is cost-effective for your family too. Spouses and children can also be covered under one comprehensive policy, so you do not need to buy an individual plan for everyone traveling. And not everyone named on the policy has to travel every time, as long as the primary policyholder is traveling.
You also have the option of choosing your maximum trip duration on your annual travel insurance plans, which pertains to the maximum number of days you will be covered for each trip you take. With coverage for up to 30 days or 45 days per trip, you will not have to worry about rushing home because of the limited coverage.
How Much Does Annual Travel Insurance Cost
The cost of an annual travel insurance plan will vary depending on your age, the number of days per trip you would like to be covered, and the deductible you choose, along with where you will be traveling.
For a 35-year-old traveler purchasing an IMG Patriot Multi-Trip plan with coverage for up to 30 days per trip and a $250 deductible, the plan will cost $282 annually. Travelers can also purchase the IMG Patriot Multi-Trip with coverage for up to 60 or 90 days per trip.
The GeoBlue Trekker Multi-Trip Choice plan offers coverage for up to 70 days per trip and is priced at $175 per year, with a $100 deductible. The Essential plan, which has lower medical limits, will cost $125 per year, with a $200 deductible.
The GeoBlue Trekker Multi-Trip Plan is only available to U.S. citizens abroad, and you must be enrolled in another primary medical plan in the U.S. when traveling.
Annual Trip Insurance Plans Cost Less if You
- are younger,
- choose a higher deductible,
- choose fewer days for your maximum number of days abroad per trip, and/or
- are traveling outside of the U.S.
Can I Buy an Annual Travel Insurance Plan for My Family?
Yes, an annual travel insurance policy can cover your entire family for the whole year. Typically, the cost for the first person covered will be the most expensive. Adding a spouse increases the price but to a lesser extent. Adding children to your plan does not impact the cost of the annual plan significantly either. Some plans will cover your children at no extra cost.
Why Buy an Annual Travel Insurance Policy?
Annual travel insurance policies are perfect for frequent travelers who travel internationally, so these are usually very comprehensive plans. The plans provide extended cover over and above what a basic trip insurance policy would generally cover. For example, coverage for medical expenses is more comprehensive. There are also additional benefits, and you can supplement the policy with trip cancellation and trip interruption coverage and lost baggage and travel delay insurance.
Choosing a Multi-Trip Travel Insurance Plan
We offer a wide range of international plans, including multi and single-trip plans, travel medical insurance, and global health insurance plans, which are specifically for citizens residing abroad for an extended period.
Our annual travel insurance policies are ideal for frequent travelers who want to stay away from home for shorter periods. We offer exceptional value for money considering the level of coverage that these plans provide, plus our remarkable service that comes at no extra charge.
Annual Coverage for Employees Living Abroad
For individual employees living abroad, you might consider an expatriate insurance plan. These international health insurance plans provide comprehensive coverage worldwide, including your home country. One example is the Cigna International Plan which offers a flexible plan design, excellent service, and a range of benefits to meet your individual needs.
Cigna Global Insurance Plan
- The flexibility to tailor a plan to suit your individual needs
- Access to Cigna Global’s trusted network of hospitals and doctors
- The convenience and confidence of 24/7/365 customer service
If you have multiple employees living or traveling abroad each year consider a group global medical insurance plan. Our specialists in group global benefits will work with you to provide your employees with comprehensive benefits while they are abroad,
Global Benefits for Organizations
- Offering group plans for international health, life and travel
- Request a quote from the leading insurers around the globe
- A licensed agent will provide quotes and expert advice
Recap: Review these Annual Travel Insurance Plans
Below are two leading plans providing multi-trip travel insurance coverage for annual trips abroad. Review and compare them to identify which best suits your needs.
The IMG Patriot Multi-Trip plan is excellent for all nationalities. While the GeoBlue Trekker plan is a top-notch plan for U.S. citizens traveling abroad.
Annual Trip Insurance Plans for any Nationality
Patriot Multi-Trip Insurance
- Annual travel medical coverage
- Designed for individuals and dependents
- Full year of cover for trips of 30, 60, or 90 days in length
Annual Travel Medical Insurance Plan for US Citizens
Trekker MultiTrip Travel Insurance
- Up to $500,000 for sickness and accidents
- $500,000 medical evacuation benefit
- Unlimited Trips Outside the U.S. for trips up to 70 days
