Annual Travel Insurance

Last updated on 05/10/2023

Get an Annual Travel Insurance Quote

Are you a frequent traveler, but not worried about trip cancellations, delay, or trip interruption concerns? In this case, you may want to consider the benefits of an annual travel insurance plan. These plans, available on, are referred to as “annual” or "yearly", as well as “multi-trip.”

There are a couple types of plans that offer annual travel coverage.

  1. One option is annual medical plans which can cover multiple trips abroad during the year. Primary medical coverage is required to be in place to be eligible for the multi-trip medical plans. Also, it’s important to note the maximum allowed length per trip, which varies per plan.
  2. Another option is annual emergency evacuation memberships. These can cover you as long as you’re traveling more than a certain distance away from home (usually 50-150 miles, depending on the plan).

When Should I Consider an Annual Travel Insurance Plan?

That answer is simple, if you have multiple trips scheduled over a period of a year. It's important to note, you must return home between the trips. A single trip to multiple destinations does not qualify a traveler for an annual travel insurance plan.

However, if you are returning home for a stint, then departing on another journey to various locations, you could consider an annual or yearly travel insurance plan.

What Type of Coverage is Included with Annual Plans?

Most multi-trip annual plans focus primarily on travel medical and emergency evacuation coverage or emergency medical evacuation coverage only. This means the standard coverages in comprehensive travel insurance plans (trip cancellation, trip interruption, and travel delay) are usually not included. Some annual, multi-trip plans do include limited baggage loss coverage – but not all.

Does Annual Travel Insurance Cover Cancellation?

No. Annual, multi-trip insurance plans typically focus on emergency medical and evacuation coverage while traveling abroad.

Does Annual Travel Insurance Cover Cruise?

An annual, multi-trip emergency medical or evacuation plan can be purchased while you are traveling abroad on a cruise. These plans do not cover the cost of the trip.

Is an Annual Plan a Good Option for Frequent Travelers?

If you are traveling multiple times in the period of a year, you may be looking for travel protection to fit your specific needs. Those needs are most likely focused on emergency medical care while traveling abroad.

An annual or yearly travel insurance plan is a perfect solution. When traveling overseas your primary medical plan may not cover you. An annual travel insurance plan can help to offset the costs of covered emergency medical needs. As always, contact our customer care experts with any specific travel insurance questions you may have.

How Much Does Annual Travel Insurance Cost?

There are several factors that can contribute to the cost of an annual multi-trip plan. Age and length per trip are two big factors.

When Does Annual Travel Insurance Start?

You can choose a date, in the future, on which you would like coverage to begin for an annual multi-trip plan. It is also important to read the terms and conditions of the coverage as there may be other requirements in order for coverage to go into effect, such as traveling outside of the U.S. and having primary health coverage in place.

Can You Cancel Annual Travel Insurance?

Typically, you can cancel a multi-trip annual emergency medical plan prior to coverage going into effect. There may also be other requirements, such as having no claims filed. Once coverage goes into effect, the plans are usually not refundable.

Disclaimer: The information contained in this article serves as a general overview of benefits and should only be used for informational purposes. Refer to your individual certificate of insurance for specific coverages, exclusions and benefits. When in doubt, please contact one of our licensed agents for additional assistance.