Annual Trip Travel Insurance – Is it Right For You?

There are no guarantees when it comes to accidents or unforeseen circumstances. Therefore, who could be positive that they will not need Annual Trip Travel Insurance?

How sure are you that your trip or vacation will go on without an accident or incident that will require you to postpone the end of your trip until a later time? How sure are you that when on your trip or vacation you will not get injured and require medical attention that would not be covered by your health insurance?

If you are certain that nothing will accidentally happen during your trip or vacation then by all means, do not look into the different Annual Trip Travel Insurance that is available for you. However, if you are living in the world of reality and know that accidents and incidents do happen, then by all means, shop around. Find yourself the most comprehensive Annual Trip Travel Insurance you can.

A note worth mentioning, make sure to compare all the policies available to you. Compare not only the benefits but also the costs and the companies issuing the policies. Make sure you know who you are dealing with and what you are purchasing. If you get taken purchasing a policy, there is only one person you can blame…yourself.

Annual Trip Travel Insurance is a very sound investment. Accidents do happen and you can not be certain when they will or they would not be called accidents. It is a very prudent decision indeed to try to prevent an accident from ruining a trip that you have planned as long as you can afford the insurance.

Look around and choose the Annual Trip Travel Insurance that best meets your needs. You will be glad you did.

Top 3 Reasons You Need Single Trip Travel Insurance

Many people forego the purchase of even a single trip travel insurance protection in the mistaken belief that such coverage is an unnecessary luxury. While many people could perhaps get away without having such coverage (but it is certainly ill-advised to do so), there are three critical conditions that it a “must-buy”.

Poor Health

The worst thing someone in poor health condition can do is embark on a physically taxing (and sometimes emotionally draining) journey abroad without getting at least a single trip travel insurance policy. Proper cover can protect you in terms of shouldering the cost of emergency medical procedures, should the need arise. What happens if you go to the emergency room in a foreign country and you don’t have enough money with you? Going abroad without sufficient coverage is extremely foolish-if even normal situations at home tend to trigger your asthma attacks, for instance, consider what awaits in a place you are unfamiliar with. Moreover, if you have a condition like vertigo, any sudden attack can endanger you and other people on the road (should you be driving a rental car). While an insurance policy does not make your health improve, it can certainly protect you from having to outlay a huge amount in an emergency medical situation.

Travelling to Dangerous Places

Here’s a true story: a couple travelling to Peru-a country whose government barely holds it together on the best of days-decides to get a single trip travel insurance policy. It was a precarious time when the dreaded swine flu was at the centre of every health advisory, but the couple chose to get insurance against the possibility of cancellation ‘for any reason’. As it turned out, their much-awaited trip would not be botched by swine flu, but by civil unrest; getting the cover they did significantly helped them swallow the frustration at their loss-at least, it was not as financially painful as it would have been if they didn’t have the extra cover. The point is if you’re travelling to other countries, especially those under certain risk advisories issued by your embassy, it pays to consider these risk factors when purchasing your policy.

Limits in Pre-existing Coverage

You may already have pre-existing single trip travel insurance coverage from your health insurance provider (some companies also includes travel cover even if your main policy is, say, health or home insurance), and you’re probably thinking, “why get another policy, right?” Wrong. Check the terms of your existing coverage carefully and you just might discover how limited the terms are. You have to be utterly frank about your needs and compare these to the things covered by your existing policies. If it is limited, it’s probably as bad as having no cover at all.

The Benefits of Single Trip Travel Insurance

Often, you will want to take a single, short trip and need travel insurance. Buying long term is not necessary and will often cost more, so you may find that purchasing single trip insurance is a better option.

In general, annual trip insurance, while it covers more than one vacation or business trip, covers just the basics. With a single trip insurance policy, you can easily set up your own specifications, depending on the provider. Various options are provided and you can mix and match them quite easily with a single insurance policy.

The ideal candidates for single trip insurance are elderly couples heading out on a cruise, the honeymoon couple taking a break from their jobs to celebrate their union in Hawaii and teens doing a missions trip in Africa, just to name a few. Basically, if you know this is going to be a once in a blue moon thing, leaving the country, you will want to make sure that you only purchase insurance for one trip. This saves you cash that you can easily spend while on your vacation.

Here are a few of the benefits of choosing a single trip travel insurance policy.

Pricing: Single trip travel insurance will be cheaper than multi trip. For anyone who has no plans to take more trips in a year, going with the single one is the best choice.

Trip Cancellation: Your trip may be canceled for any number of reasons, including bad weather, riots, death in the family or any other issue that arises and forces you to cancel. This could be disastrous if you don’t have travel insurance. Single trip insurance can cover this problem and you won’t have to lose all your money on tickets that were canceled. Check with your provider to help you understand all your options in this area.

Medical Evacuation: If you suddenly become ill while on a cruise or traveling elsewhere, you can be evacuated to the nearest competent hospital if needed. For those who are traveling outside of their home country, this can be very useful since hospitals in other countries may not be up to our medical standards. With single insurance, this should be covered for you, but check with your provider, of course, to get all the details.

Lost or Stolen Luggage: Unfortunately, it’s all too common to arrive at your destination and discover that your suitcase has gone to Timbuktu. Rather than losing everything, make sure to purchase a single trip travel insurance that will cover the loss of luggage and make sure that you can replace valuable items like your laptop or iPod.

Lost or Stolen Passport: As you can imagine, it can be pretty bad to lose your documents, such as a passport, overseas. Your insurance will help cover the costs involved with getting a new passport, particularly if it has to be a rush job or a temp passport due to travel timing. This way you won`t have to stress out as much about the cost of new documents.

Single trip travel insurance is ideal for anyone who doesn´t leave home more than once a year. If you are just heading out for a week or so, taking a cruise, attending a business convention elsewhere, etc. you can save quite a bit of money and customize your insurance options with single trip travel insurance.