It is common for people to opt for single trip insurance coverage while buying travel insurance. The idea of purchasing travel insurance for an entire year is rather bizarre when you are focusing on only a single trip. Further, it is rather challenging to do the maths around the total number of trips you must make to break even a yearly multi-trip insurance policy. Thus, most often, buying a single trip insurance policy seems like the best decision. However, in truth, annual multi-trip plans can sometimes prove to be more beneficial than single trip insurance policies. So, the real question is: Which is better: a single trip travel insurance coverage or an annual travel insurance policy?

Before you choose between the two, ask yourself these simple questions. The answers to these questions will help you make the right decision.

Are You Planning to Make a Single-Stop Trip?

If you are planning to do a single-stop trip, buying a single trip insurance policy makes sense. However, when people go on a holiday, especially to faraway travel destinations, they plan their trip in such a way to allow them to see the maximum number of countries or cities in a short time. Multiple-stop or long trips also enable travelers to get the best benefit for the massive flight and airport taxes they are paying. Thus, if you are traveling to a faraway land and plan to cover more than one city or country, you will save more with an annual policy.

What Is Your Mode of Travel?

Taking a flight seems like the obvious choice to many of us, especially when we can only manage a few days worth of holidays. However, not everyone prefers flying. Many people prefer other modes of transport. In the last few years, the idea of cruises has picked up. Thousands of travelers around the world choose cruise holidays each year. If you are making a holiday trip that involves a cruise, yours will certainly be a long trip. In such a scenario, an annual insurance policy is any day a better idea than a single trip insurance coverage. Moreover, cruises have sky-high medical and evacuation costs. Thus, make sure your insurance plan has a matching coverage limit.

Are You Traveling with Someone Old?

Annual travel insurance coverage, in most cases, turns out to be cheaper than a single trip coverage. However, single trip insurance policies offer higher age limits than annual coverage policies. Thus, if you are traveling with someone older, it makes a lot more sense to opt for single trip coverage.

How Long Will You Be Gone?

Not every person travels on holiday and not every holiday lasts just two weeks. Some holidays are longer. Some people travel to visit relatives and spend time with family. This scenario is especially true of old couples visiting their children settled in a faraway land. Similarly, many people travel to explore and discover. The decision regarding which travel plan is the better choice for you depends significantly on the duration of your travel. Most annual trips expire after 90 days. If you plan to stay longer than that, take a single trip insurance coverage. If you plan to end your trip within the designated duration of 90 days, choose an annual insurance coverage.

How Often Do You Travel?

If you are a globetrotter who prefers to have pack-and-go convenience, buying an annual insurance policy makes the most sense. These policies are valid for 12 months and cover all trips lasting 90 days or less. With annual policy insurance coverage, you won’t have to worry about buying insurance every time you book your tickets. Traveling will be simpler — pack your bags and get moving.

Do You Have Any Adventurous Activities Planned Up?

With adventurous activities come risks. It is, thus, that most insurance companies offer insurance for adventurous activities only on top-tier policies. If you are planning to indulge in adventurous activities on your trip, irrespective of whatever type of plan you opt for, make sure your policy covers all the activities you have planned.


There is no one right answer to the question, which policy is the better choice for travelers? The answer to this question depends on several different factors. Before you buy travel insurance, ask yourself the questions mentioned above and make decisions based on the answers you give yourself.

Read also: Why Having The Right and Cheap Travel Insurance is Important

Published On: November 2nd, 2019

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