Planning to take a trip for the summer and winter season? Going on a business trip at the start of the year and planning a vacation this spring to attend Louisiana’s music festival?
Have plans of travelling away from home more than once this year? Then to avoid the hassle and headaches of processing your travel insurance in every trip you will undertake, why not get annual holiday insurance?
What Is Annual Holiday Insurance?
The annual holiday insurance is a policy provided by a host of insurance companies that will cover all your travel insurance for a 12-month period. Although premiums differ from one company to another, your policy can be tailored to fit your travelling lifestyle. Be it for a business trip in Europe or a leisure cruise in the Bahamas, your insurance agent can design a package premium to cover all your travel needs.
Who is Annual Holiday Insurance Meant For?
Annual holiday insurance is specifically designed for people who often travel out of the country more than once in a year. Basic premiums can cover your trips up from 45 days to maximum of 90 days per travel, depending on the package you will get. Other perks would include a specific number of minors getting free insurance under the primary insured person. Activities during your travel such as white water rafting, scuba diving, trail hiking and camping, trekking, para-sailing and safari are covered, but extra payments may be expected, depending again on the package you will be opting for. Even an emergency cash transfer is available in case of lost or stolen money or wallet. And not just money, your personal belongings can also be covered in case of loss or damage incurred during the trip. Certain insurance companies would even add in as premium travel delay charges. All of these are actually just add-ons to the basic premiums such as medical coverage, personal accident insurance, and legal fees you may encounter while on your trip. Some companies even offer travel advices, with 24-hour emergency help lines.
So before getting into that cruise ship bound for Brazil for the Mardi Gras or boarding the jet plane to a business conference in Germany or simply taking your car across the States to visit families, relatives or friends, make sure that all annual holiday insurance is in place to cover your needs and any need that may arise later on while you are on your trip.
Several insurance companies offer different premiums and packages for your annual holiday insurance, so make sure to pick the premiums that will provide more savings on your part, and pick premiums that will suit the travel and lifestyle you will be going to have now and in the next 12 months to come.
And after choosing the package of insurance premiums, be sure to discuss things with your insurance agents the fine prints of the policy to make sure that all your travel needs are covered. Be sure to inform your insurance provider of the destinations you might be going to and also declare any pre-existing medical conditions to avoid invalidating your insurance premiums and policy.