Save Time and Money

Annual policies are a cost-effective way to get most travel insurance benefits on one policy for several trips.

Ideal for Frequent Travelers

Annual policies are well-suited for frequent leisure and business travelers taking multiple short trips.

International Medical Insurance

Most annual travel insurance plans include generous medical coverage, among other important benefits.

Taking only one trip? Search for Single Trip Policies
One Policy for One Year of Coverage
Annual travel insurance plans, also referred to as multi-trip plans, are ideal for travelers who are planning to take multiple trips throughout a 12-month period, and need basic travel insurance benefits. Most commonly, these policies include Emergency Medical and Medical Evacuation benefits. While Annual policies provide long-term travel insurance coverage, they are not intended for one year-long trip.
Cost-Effective Coverage
A multi-trip travel insurance policy can be less expensive than purchasing several single trip policies, especially for travelers who don’t need Trip Cancellation coverage. In addition to being less expensive, purchasing one annual, multi-trip travel insurance policy can be more convenient and efficient than purchasing several single trip plans throughout the year.
Includes Most Benefits
Annual coverage includes Emergency Medical, Medical Evacuation and Travel Delay benefits. Certain policies even include Trip Cancellation and Trip Interruption coverage, however this is not the norm. Travelers who want cancellation benefits, or those that want maximum travel health insurance coverage for their trips, should consider single trip policies.
Why Should I Buy an Annual Travel Insurance Policy?

Annual Travel Insurance Benefits

Emergency Medical coverage can reimburse a traveler’s medical expenses in the event they get ill or injured at any point during their trips. Exclusions may apply.
The Medical Evacuation benefit can transport a traveler to the nearest adequate hospital in the event of a medical emergency during one of their trips.
If the treating physician determines it is necessary, Medical Repatriation can transport a traveler home. Repatriation of Remains can transport remains home.
All annual policies on have a 24 Hour Emergency Assistance team for immediate help in case of an emergency during a trip.
Many annual travel insurance plans include trip delay coverage, which can reimburse travelers for food and accommodation expenses during significant delays.
If a traveler’s personal effects are delayed en route to their destination, the Baggage Delay benefit can reimburse travelers for toiletries, clothes, and other necessities.
Quote annual policies to protect your trips for the year.

Is an Annual Travel Insurance Policy Worth It?

An annual policy is recommended for:

  • Leisure or business travelers taking multiple short trips over the course of one year

  • Frequent international travelers who need medical coverage while overseas

  • Travelers who don’t need high Trip Cancellation or Trip Interruption coverage

An annual policy is not recommended for:

  • Travelers who will only be traveling once or twice over the course of a year

  • Travelers taking extended trips, lasting longer than 90 days

  • Travelers with existing travel insurance coverage through a credit card

Annual policies are designed to provide long-term travel insurance benefits for travelers taking two or more trips throughout a 12-month time period. Rather than purchasing individual policies for each trip, travelers can purchase an annual plan and be covered for all trips taken within a year.

To get started, travelers should enter their intended coverage start date, their maximum trip length, their state of residence, and a few other key details. Keep in mind, most annual policies cover trips up to 30 days, while some more lenient policies will allow up to a 90-day trip length.

In general, these plans are ideal for frequent travelers looking for medical coverage while abroad. Some policies will also include coverage for trip delays and cancellations, as well as add additional policy upgrades such as pre-existing condition coverage.

Travelers who need to insure a high trip cost, have specific cancellation needs, or need medical benefits for an extended trip should not purchase an annual travel insurance policy. Travelers who do not meet the recommendations for an annual policy should consider a single trip policy. Single trip travel insurance policies can cover longer trips and provide travelers with comprehensive coverage that includes cancellation, medical, delay, and other important benefits.

Likewise, annual policies are not recommended for travelers taking a cruise, participating in adventure and hazardous sports, or traveling with a large group, as these situations are better covered by other travel insurance policy types.

How Does Annual Travel Insurance Work?

Annual Travel Insurance FAQs

How Does Annual Travel Insurance Work?

Annual policies are designed to provide you with long-term travel insurance coverage, and peace of mind, for any number of trips you take within a 12-month period. Many frequent fliers opt for this coverage because it is a cost-effective alternative to purchasing a single-trip policy each time they travel.

Annual plans are reimbursement based. If one of your trips is disrupted by an unforeseen event that's covered by your plan, you may file a claim with your travel insurance provider to recover any financial loss you suffered as a result.

Almost all multi-trip plans will include international medical coverage, delay coverage, and luggage protection. In the event one of your covered trips is disrupted, you may file a claim with your travel insurance provider for reimbursement for the travel expenses you incurred.

How Much Does Annual Travel Insurance Cost?

The cost of an Annual plan is determined by multiple factors, including your age, the length of your trips, and the amount of coverage included in the policy. According to Squaremouth data, the average Annual travel insurance policy is roughly $350.

When comparing prices on multi-trip insurance, we recommend getting quotes from 3-4 travel insurance providers. This gives you the best chance of getting a policy that fits your budget and travel needs.

What Annual Travel Insurance Plan is the Best?

There are many reputable travel insurance providers on the market today that offer multi-trip insurance plans. The best plan for one traveler may not fit the needs of another. On Squaremouth, you can use filters to narrow down your search, and sort results based on what's most important to you. If you need additional assistance, our award-winning customer service team is just a phone call away.

Does Annual Travel Insurance Cover Cancellations?

Very few Annual plans include Trip Cancellation or Trip Interruption coverage. If you want to protect your trip investments with cancellation coverage, we recommend considering single-trip plans that include those benefits. Many travel credit cards now offer cancellation benefits as a perk to cardholders, which may be worth looking into, too.

Does Annual Travel Insurance Cover Cruises?

In general, most Annual travel insurance plans will cover cruises. Annual coverage is a great way to protect your cruise, as the plans typically include protection against common travel disruptions, such as unforeseen medical emergencies, delays, missed connections, and baggage loss.