YOU ASK:

What are the features you can expect from multi-trip travel insurance?

WE ANSWER:

Multi-trip travel insurance are for frequent travelers, be they chronic adventurers or businessmen. A multi-trip travel insurance is usually purchased on an annual basis and will cover travels made within the policy year. There may be a maximum number of trips and a maximum number of days per trip that will be specified in the policy.

What Multi-Trip Travel Insurance Offers

Multi-trip travel insurance gives you the convenience of being covered for an entire year, so that all you need to do is to pack up and go. If you are a frequent traveler, it will also come out cheaper to buy multi-trip travel insurance than to buy travel insurance every time you need to travel. Three trips every year should be enough to justify the expense of buying annual travel cover.

Multi-trip travel insurance has the added feature of being able to cover more risks, as compared to single-trip travel insurance. When specified, it can cover for winter sports, golf and even for weddings. Additional savings can also be enjoyed when you take this kind of insurance and buy it for your entire family or as a couple. There may often be deals where a specified number of children can have free travel insurance cover.

Check the policy terms and condition - this usually provide business cover (including protection against the loss of laptops and other business equipment), travel delay or cancellation, wedding cover, airline failure, hospital benefit, loss or theft or personal possessions and emergency assistance.

There is also flexibility in the plans so that you can customize and add additional cover, for an additional premium. You can also opt to waive the excess and increase or decrease the level of cover (i.e. you can bring down or altogether do away with trip cancellation and baggage loss).

Disadvantages of Multi-Trip Travel Insurance

As attractive as multi-trip travel insurance is, it also has its own disadvantages. For one, the excess levels of the policy are generally higher as compared to the excess levels in single trip insurance policies.

Also, the insurance will cover those who are 65 years old or younger, unlike single trip insurance policies, where age is usually not an issue.

It may also be more expensive to include sports activities (like skiing) to the cover.

The policies also commonly don't cover any claims due to terrorist activities.

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