All You Need to Know about Multi-Trip Travel Insurance

• Written by Care Health Insurance

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Are You a Frequent Traveller?

Travel is something that can be liberating, fun, and therapeutic. However, for travel to offer you the best experience, it is important for you to plan everything properly and be prepared for any and every exigency.

With a steady increase in the number of frequent fliers taking several trips, either for business or pleasure, travel insurance too is gaining momentum as an insurance product. For people who are always on the move, getting a multi-trip international travel insurance plan is, without a doubt, a more sensible idea rather than getting a separate policy for each trip. This way, you can even make those impromptu travel plans without having to worry about travel health insurance at the last minute.

Understanding the Importance of Travel Insurance

While no one wants to think about it, there are a lot of things that can go wrong during your vacation. The last thing that you would want is to be stuck in a foreign land without any support. From trip delay/cancellation to losing your baggage or travel documents, there are a lot of situations where overseas travel insurance can offer you the support you need.

Multiple-Trip VS Single Trip Travel Insurance

You can buy international travel insurance to cover either a single trip or multiple trips during a term. Generally, multi-trip international travel insurance is valid for the period of a year from the date of issue and covers every trip taken during this period. The premium for a multi-trip insurance policy is more expensive than a single trip policy. However, if you take multiple trips, it makes sense as a multi-trip travel insurance policy would be a lot more cost-effective.

>>Check: A Must Have Thing for Frequent Overseas Travelers

Benefits of Multi-Trip Travel Insurance

There are several reasons why you should opt for multi-trip travel insurance, the most important of which are listed below:

1.Cost-Effective and Convenient Option

Compared to single trip insurance for several trips, a multi-trip insurance policy is much more cost-effective. There are also no extra administrative expenses; this allows them to offer discounts and deals to the policyholders when they buy multi-trip policies.

>> Check: Benefits of Travel Insurance

2. The Chance to Thoroughly Scrutinise the Terms and Conditions

Travel insurance plans have exclusions and terms which most of us ignore when we are buying a single trip policy. However, when you are buying a multi-trip policy, you tend to go through the policy terms more thoroughly to ensure that you are getting adequate coverage. In a multi-trip policy, you are less likely to overlook any exclusion that may later cause issues in claims.

3.Suitable for Impulsive Travel

If you have a multi-travel insurance plan, there is nothing stopping you from making those fun impromptu plans to travel. You are already covered for a predefined period, so you don’t have to stop worrying about getting the right insurance in place for your trip.

Things to Keep in Mind

If you plan to buy a multi-trip insurance policy, there are a lot of things that you need to keep in mind. The most important points to consider are: -

1.Travel Limit for Each Trip: 

Under most multi-trip travel insurance policies, there are restrictions placed on the period of stay for a trip. This may range from 35 to 60 days depending on your insurance company. Make sure you are aware of the same before you buy.

2. Countries Covered

Travel health insurance when you travel to countries like US or Canada can be quite expensive as compared to other countries. So, before you buy a multi-trip travel insurance plan, you should check if the countries that you plan to visit are covered under the policy.

Multi-trip travel insurance is indeed the best option for frequent travelers to ensure complete peace of mind every time they travel.

Care Health Insurance offers the most affordable multi-trip international travel insurance policies. Stay financially secure during any medical or non-medical exigency during your trip with the numerous customized online travel insurance plans.

Disclaimer: Plan features, benefits, coverage, and underwriting of claims are subject to policy terms and conditions. Please refer to the brochure, sales prospectus, and policy documents carefully.