Multi-trip travel insurance

Did you know that if you are a regular traveller you might be able to save money by taking out multi-trip travel insurance instead of taking out a single trip policy each time you travel?

Most multi-trip travel insurance enable you to make as many trips as you like within a defined period (usually a year), provided they don’t exceed a certain amount of time. So as well as saving money on your premium, if you want to take off somewhere for a last minute break, you don’t have to worry about arranging travel insurance.

Before you buy a multi-trip travel insurance policy, consider where you are likely to be travelling within the policy period. If you’re not sure it may be better value to purchase a multi-trip travel insurance policy for European travel; you can always extend it to Worldwide at a later date. If you are planning to do wintersports, check the policy details carefully – some multi-trip travel insurance policies allow you a certain number of days of wintersports cover at no extra cost, others require you to pay an additional premium.

You should also consider the duration of your planned trips for the following year and choose a multi-trip travel insurance policy which will cover your longest trip. There are some very cheap multi-trip travel insurance policies on the market, but some of these allow a maximum trip duration of only four days!

Multi-trip travel insurance policies should cover emergency medical expenses, trip cancellation, baggage and personal belongings at a minimum. However, some companies are willing to offer a premium discount if you decide against coverage for lost and damaged luggage. Check your home contents insurance as you may already have cover on that for taking personal belongings abroad.

Another good reason to choose multi-trip travel insurance is that it often works out cheaper to include your partner or even your whole family on the policy. However if the kids are going on holiday without you (on a school trip for example, or with their grandparents), check whether the multi-trip travel insurance policy covers them for this – most allow the adults to travel independently of each other but in many cases children must be accompanied by an insured adult on the policy.

The key when comparing multi-trip travel insurance prices is to ensure that you are comparing on a like-for-like basis in terms of cover and limits. So check the policy summary document (also known as the keyfacts) of each provider and also check that the cover levels are adequate for your needs.