Traveling can be exciting. The experience of new sights, sounds, and culture has a way enriching the soul. For some, seeing a foreign land is a once in a lifetime experience. For others, traveling is a way of life. If you are the type of person who spends more time abroad than in your own living room, an Annual Travel Insurance Policy may be right for you.
With an annual travel insurance policy, you can purchase one policy to cover several different planned trips within the same year. This saves you the time and money of securing new coverage every time you set out on another journey. This type of policy is perfect for the frequent business traveler or for those with families abroad, who know that one trip per year just wouldn’t be enough.
Annual Travel Insurance policies contain an assortment of coverages to make sure you are well protected in the instance of medical emergency or travel contingencies. Some of the coverages you should look for are:
Trip Cancellation and Interruption Coverage– You shouldn’t have to pay for flights and cruises you don’t take. Trip cancellation and interruption coverages makes sure you don’t have to.
Travel Medical Insurance– an essential coverage for world travelers which covers the many gaps in your primary health insurance policy while abroad.
Lost Baggage Coverage– helps with the cost of your luggage being delayed or lost.