Are you a frequent traveler, but not worried about trip cancellations, delay, or trip interruption concerns? In this case, you may want to consider the benefits of an annual travel insurance plan. These plans, available on InsureMyTrip.com, are referred to as “annual” or “yearly”, as well as “multi-trip.”
There are a couple types of plans that offer annual travel coverage.
- One option is annual medical plans which can cover multiple trips abroad during the year. Primary medical coverage is required to be in place to be eligible for the multi-trip medical plans. Also, it’s important to note the maximum allowed length per trip, which varies per plan.
- Another option is annual emergency evacuation memberships. These can cover you as long as you’re traveling more than a certain distance away from home (usually 50-150 miles, depending on the plan).
When Should I Consider an Annual Travel Insurance Plan?
That answer is simple, if you have multiple trips scheduled over a period of a year. It’s important to note, you must return home between the trips. A single trip to multiple destinations does not qualify a traveler for an annual travel insurance plan.
However, if you are returning home for a stint, then departing on another journey to various locations, you could consider an annual or yearly travel insurance plan.
What Type of Coverage is Included with Annual Plans?
Most multi-trip annual plans focus primarily on travel medical and emergency evacuation coverage or emergency medical evacuation coverage only. This means the standard coverages in comprehensive travel insurance plans (trip cancellation, trip interruption, and travel delay) are usually not included. Some annual, multi-trip plans do include limited baggage loss coverage – but not all.
Does Annual Travel Insurance Cover Cancellation?
No. Annual, multi-trip insurance plans typically focus on emergency medical and evacuation coverage while traveling abroad.
Does Annual Travel Insurance Cover Cruise?
An annual, multi-trip emergency medical or evacuation plan can be purchased while you are traveling abroad on a cruise. These plans do not cover the cost of the trip.
Is an Annual Plan a Good Option for Frequent Travelers?
If you are traveling multiple times in the period of a year, you may be looking for travel protection to fit your specific needs. Those needs are most likely focused on emergency medical care while traveling abroad.
An annual or yearly travel insurance plan is a perfect solution. When traveling overseas your primary medical plan may not cover you. An annual travel insurance plan can help to offset the costs of covered emergency medical needs. As always, contact our customer care experts with any specific travel insurance questions you may have.
How Much Does Annual Travel Insurance Cost?
There are several factors that can contribute to the cost of an annual multi-trip plan. Age and length per trip are two big factors.
When Does Annual Travel Insurance Start?
You can choose a date, in the future, on which you would like coverage to begin for an annual multi-trip plan. It is also important to read the terms and conditions of the coverage as there may be other requirements in order for coverage to go into effect, such as traveling outside of the U.S. and having primary health coverage in place.
Can You Cancel Annual Travel Insurance?
Typically, you can cancel a multi-trip annual emergency medical plan prior to coverage going into effect. There may also be other requirements, such as having no claims filed. Once coverage goes into effect, the plans are usually not refundable.
Disclaimer: The information contained in this article serves as a general overview of benefits and should only be used for informational purposes. Refer to your individual certificate of insurance for specific coverages, exclusions and benefits. When in doubt, please contact one of our licensed agents for additional assistance.
Ask a Question
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Question
Is an annual plan based on calendar year? or if I would buy in February would it be a rolling 12 months?
By Julie - January 27, 2018
Answer
The annual medical policies go into effect on the departure date for your first trip, and the policy expires one year later from that date. You are covered for all trips outside of your home country throughout the year, as long as you do not go over the maximum amount of days the policy allows for each trip.
By MattG - January 30, 2018
Question
Do you have a policy that is ok to cancel and any time for no apparent reason and get the full money back? i'm inquiring for numerous business class travelers.
By LindaT - July 17, 2018
Answer
We have policies that offer Cancel For Any Reason, the maximum refund offered for this benefit it is 75% of the total trip cost. There are typically 3 conditions that must be met to purchase a Cancel For Any Reason Rider: Purchase the policy within 10 - 21 days of First Trip Payment; Insure ALL prepaid and non-refundable travel expenses prior to departure; Trip arrangements must be canceled more than 48 -72 hours prior to the departure date. If you meet all 3 of these conditions, this benefit will typically reimburse you 75% of your trip cost, unless otherwise noted.
By MattG - July 18, 2018
Question
I plan to make multiple trips how can I get a quote for the annual coverage (mainly for medical and medical evacuation) I travel to multiple countries on a single trip, the quote request form does not allow me to enter more than one country per trip.
By Angela - September 6, 2018
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 90 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please select the medical tab and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage.
By MattG - September 8, 2018
Question
Are annual plans available for U.S. residents travelling in the U.S.?
By Lorene - July 7, 2019
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 90 days per trip with most plans. These plans do not provide any coverage for domestic travel, unfortunately.
By MattG - July 8, 2019
Question
How do I get a quote for annual? All of 2021. Multiple destinations.
By BarbaraB - October 24, 2020
Answer
We do provide annual policies, however they are medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 70 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please click on the button labeled “medical” on the bottom left and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage. If you were looking for Trip Cancellation and other travel protection benefits, that has to be purchase on a per trip basis, keep in mind.
By MattG - October 26, 2020
Question
In addition to the annual coverage, could I buy a trip cancellation only policy for each trip? I plan about doing 4 trips in the year.
By KarenP - May 31, 2021
Answer
Yes, you can obtain an annual multi-trip medical policy and in addition you can purchase single trip comprehensive policies for each trip if you needed trip protection as well.
By MattG - June 2, 2021
Question
I did ‘request a quote’ but it asks departure date and return. We’ll, we have multiple trips. How can I get a quote for annual policy?
By MariaL - September 1, 2021
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 70 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please click on the button labeled “medical” on the bottom left and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage.
By MattG - September 4, 2021
Question
Want to view annual travel plans - cant figure out how to navigate as it appears they are asking me where am I going for specific trip not annual - need help?
By JohnM - October 30, 2021
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 70 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please click on the button labeled “medical” on the bottom left and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage. Typically, these policies are only available for quoting or purchase within six months of the departure date.
By MattG - November 3, 2021
Question
I filled out the form for a quote but it keeps asking me where I’m going and what day am I leaving. If it’s for an annual policy I’m planning on going multiple places. How do I fill out the form to get a quote?
By MariaL - March 11, 2022
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 70 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please click on the button labeled “medical” on the bottom left and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage.
By MattG - March 12, 2022
Question
How do you buy an annual policy online?
By ThomasP - July 1, 2022
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 70 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please click on the button labeled “medical” on the bottom left and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage.
By MattG - July 6, 2022