When you’re going away, travel insurance is an essential part of booking your holiday and something that you should never leave home without. There are many different types of travel insurance, and two common classifications that they often fall into is multi and single trip travel insurance.
Multi trip insurance, also known as annual trip insurance, is designed for those that take multiple holidays throughout the year. The policy is normally based over a 12 month period and means that you’re covered for every standard trip you take within that timeframe. Of course, the level of cover will depend on the policy you choose - be it European, worldwide, winter sports, and so on - so if one of your trips falls outside of your standard policy cover, you’ll need to remember to ‘top it up’ or buy an extra add-on service. Otherwise, multi trip cover is a great way to save money, plus it’s one less thing to think about!
The alternative is known as single trip travel insurance. This, as the name suggests, covers you for just one trip. It’s ideal for those who don’t travel very often or who aren’t likely to take another holiday abroad within the next year or so. It can also be used to ‘top up’ an existing annual policy, if you’re taking a special trip. Of course if you think you might go abroad again within the next few months, it may be worth comparing the price of single trip travel insurance with multi cover. For the sake of a few pounds, it could be worth taking cover for the whole year.
Find out more about annual and single trip travel insurance through Thomas Cook. They can offer advice on various policies and help to tailor your cover to ensure it suits you and your chosen holiday.
