For many travelers, planning a vacation is as enjoyable as the trip itself. The vacation anticipation can bring an instant sense of happiness to trip lovers. And the only thing that can spoil the mood is the choice of a travel insurance policy. There are a variety of them. So how do you select the one that’s right for you? What is better: single trip or multi-trip travel insurance? The first thing to do is to calm down and rely on the help of professionals.What is better,single trip or multi-trip travel insurance?In this article, you’ll find answers to all your questions and even more.
Related Read: Pros and Cons of Travel Insurance
What do you need to know about travel insurance?
Planning a vacation is always full of pleasant worries: choosing a resort and hotel, selecting a tour, preparing for the trip. However, an insurance policy is also an integral part of the trip and guarantees timely assistance during any vacation health problems. Therefore, it is essential to know their fundamental differences regarding travel insurance for one or more trips. This is very important, as it will allow you to either save money or, on the contrary, spend a significant amount on something you don’t need.
What should be noted is that insurance costs compared to the cost of treatment abroad are extremely small. For example, a policy for one trip costs about 1 euro per day for a person. That’s a great deal, isn’t it? And now, it’s time to understand the basic concepts related to travel insurance, namely the currency of policy and what is included in each type of policy.
Currency of policy
?For one trip (single trip travel insurance)
The currency of the policy depends on the duration of the trip. The minimum period is three days, and the maximum is 180 days.
?For several trips (multi-trip travel insurance)
The term of such insurance is one year, during which you can be insured for 30, 45, 60, 90, 120 or 180 days at your choice. This is the total number of days you plan to spend on all trips.
?For one year
With this policy, all 365 days are insured with only one condition: the duration of each trip is no more than 90 days.
What is included?
Depending on the country you are going to travel to, you can choose insurance with coverage from 30,000 to 100,000 dollars or euros. All insurance options include essential services:
✔️ Emergency medical and dental services;
✔️ Use of necessary medical equipment;
✔️ Medical transportation;
✔️ After treatment;
✔️ Transportation of remains;
✔️ Evacuation of children;
✔️ Acute exacerbation of chronic diseases;
✔️ Return from a trip.
Single trip and multi-trip travel insurance: the significant differences
Single trip travel insurance is counted on tourists who go on vacation once or twice a year. It could be a brief trip to France or a three-week vacation in Thailand. Wherever you decide to travel, it’s worth ensuring that the travel policy covers the entire trip.
Multi-trip travel insurance is for those who travel more than twice a year. These policies are often better value for money than buying single trip insurance for each vacation the traveler chooses. Multi-trip insurance policies allow tourists to take as many trips per year as they want. However, it is always best to check for restrictions before you buy. After all, as you know, forewarned is forearmed.
Furthermore, most travel insurance policies will limit the length of each journey (typically between 31 to 45 days). And of course, remember to carefully read all the restrictions before buying a travel policy if you don’t want to be left without cover halfway through your trip.
What to consider when buying a policy for one or more trips?
Whichever policy you choose, there are several things to look out for before making a necessary purchase. First, what country are you going to visit? You need to know this because most insurance companies have separate coverage for Europe and the rest of the world. For instance, some travel insurance policies around the globe even exclude Canada, the Caribbean and the United States. That is why, if you don’t know what coverage you need, contact your travel insurance company first to find out all the details.
There are also many levels of cover. So, trip lovers need to make sure they choose the policy that best fits their wants and needs. For example, you might do business or attend exhibitions during your journey or take part in activities such as surfing, rafting, or skydiving. Here, you may need a specific type of coverage. In addition, every travel insurance policy offers basic health insurance coverage for unexpected or new injuries and illnesses.
Thus, the best option is insurance coverage that includes at least $27,000 of emergency medical and repatriation coverage. However, this figure should be closer to $6 million if you are traveling outside the European Union. To ensure that you are covered for all medical emergencies, all existing medical conditions should be declared before buying a travel insurance policy. And in this case, it doesn’t even matter if it’s about the single trip and multi-trip travel insurance.
The critical thing to do is to check whether the policy covers your condition. Otherwise, you spend a lot of money on medical treatment abroad in unforeseen circumstances, as medical treatment abroad may be costly. What else travelers should pay attention to is the cancellation cover. Because cases, where a tourist can not leave on a planned trip or is forced to interrupt a journey that has already begun or delay the journey, are common. Vacation insurance is impossible without travel cancellation insurance, so it’s much better to prepare in advance and buy a policy for traveling abroad online.
Choosing insurance for a trip abroad is relatively easy if you know some essential details. First, you need to decide whether you want a single trip or multi-trip travel insurance. This decision will save you from unnecessary expenses. If you visit more than 2 countries during the year, it’s better to buy multi-trip travel insurance. On the other hand, choose a single trip travel insurance if you prefer to travel once or twice a year. That’s the secret. Everything is simple.
Isabelle Jordan is a business and marketing journalist at Ekta Traveling insurance company. She writes for different news portals and thematic blogs that helps her stay at the heart of the travel and insurance news. Isabelle knows everything and more about travel insurance.