Travel insurance policies are available for just one holiday or with year-round coverage.  This article provides information about the pros and cons of buying either type of travel insurance. 

Single Trip Travel Insurance

Single trip travel insurance will cover you only for that one trip.  When getting a quote, you will provide details including trip dates and what you plan to do whilst travelling.  From this information, a quote will be calculated and proposed.  The policy will state that the insurance covers you only for this specific trip. 

Single trip travel insurance is cheaper than annual travel insurance, and is the best option for people who only travel once or twice a year.  It also offers flexibility in case of itinerary changes.

Annual Travel Insurance

Annual travel insurance will cover you for any number of short trips and holidays abroad taken over the course of a year.  For people who travel a large number of times each year, annual travel insurance can offer large savings.  Additionally, you do not need to worry about booking a new travel insurance policy for every trip taken. 

Read the Terms & Conditions carefully and think ahead about all possible travel excursions.  If you initially state that you won’t be taking part in any high-risk activities, but later in the year decide to book a skiing holiday, a new policy may need to be issued.