Annual Multi-Trip Travel Insurance
It is a type of insurance that covers zealous travelers, who do not wish to sit at home and travel the world instead. While you can buy separate insurance policies (single trip) for each one of your adventures, this one is much easier and makes you feel happy-go-lucky.
Who needs annual multi-trip travel insurance? You do! If you are thinking about the “why” question, the article below would be the answer for you.
Before moving on to the ‘why’ part, let’s know what annual multi-trip travel insurance is. It is a type of insurance that covers zealous travellers, who do not wish to sit at home and travel the world instead. While you can buy separate insurance policies (single trip) for each one of your adventures, this one is much easier and makes you feel happy-go-lucky.
The features of multi-trip travel insurance are -
- The insurance is valid for 365 days, where you can only stay at a place for 180 days or less.
- You ought to be of 18 years or more to get insured under this policy, and the eldest age group that can travel under this policy is 75 years.
- You need to pay a slightly more premium because this insurance would cover you for a longer period of time.
Skipping to the good part, these benefits of multi-trip travel insurance would keep you elated for your journey.
- Easy Renewability
You can use this trip insurance for 365 days because applying for insurance every time you want to leave the country is a troublesome task.
- Grace Period
The premium of every policy needs to be paid before or on the assigned date, but here you get an advantage of getting 30 days as a grace period, after the actual date of payment.
- All-round coverage
If you face any medical expenses while travelling, the insurance would cover the expenses including pre and post-hospitalization charges too.
- Compensation for delay/cancellation
There might be a thousand reasons for flight delays or cancellations (probably) which upsets the travellers. So, this insurance compensates for the cost for you.
- Last-minute bookings
If you are an ardent traveller or probably have a lot of business meetings that might not be scheduled beforehand, this insurance covers you even when it is a last-minute booking.
So, if you feel like travelling next anytime soon, make sure that have annual multi-trip travel insurance. Also, add to your checklist to re-read this article which would help you learn of the benefits of multi-trip travel insurance and the features of multi-trip travel insurance as well.