These types of policies offer a somewhat stripped-down version of traditional single-trip policies. For example, they typically will reimburse a traveler for unexpected lodging, meals, and transportation costs if travel is delayed a certain number of hours (usually 6 to 12). They will cover emergency medical and dental care, including hospital visits, surgery, prescription drugs, doctor and dentist office visits and emergency medical transportation.
But travelers are restricted to trips of no more than 90 consecutive days; most policies do not offer trip cancellation coverage; and reimbursement for things like trip interruption, medical evacuation and baggage and personal effects replacement might be capped at lower levels unless a consumer purchases an upgrade.
“For frequent travelers who aren’t concerned about canceling, or who have refundable travel arrangements, they are an efficient and cost-effective way to get one year of medical coverage for multiple trips,” said Steven Benna, marketing specialist at Squaremouth, a website that offers travel insurance from multiple companies.
Read the full Travel Market Report article online here: http://www.travelmarketreport.com/articles/Multi-Trip-Travel-Insurance-Could-Cost-Less-But-Has-Low-Awareness