International Travel Medical Insurance

Annual Travel Insurance

Annual Travel Insurance

Annual travel insurance is appropriate for many people who take multiple small trips throughout the year, such as:

  • Business Travelers

    Examples include business owners, sales or marketing executives, journalists, IT consultants or people in similar professions.

  • Active and Healthy Retirees

    Many people save throughout their life so that when they retire, they can spend time traveling around the world. For these individuals, annual travel insurance for seniors is ideal. 

  • Travel Lovers

    No matter what the age is, some people simply love to travel and take frequent vacations to different places in a single year.

If you are taking multiple trips in a year, it is advisable research and purchase the best annual travel multi trip travel insurance policy for you that would provide coverage throughout the year. It usually provides higher coverage and is often cheaper.

Frequent travelers routinely travel on a very short notice and should not have to go through researching and buying a single trip policy for every trip they take. Some travelers may even forget to purchase travel insurance every time they travel. Once an annual travel policy is purchased, a person can travel as many times as they like in a year. As you will have the same coverage throughout the year, you will know what to expect each time you travel abroad.

In annual travel insurance, a year starts from the effective date of the policy, which is usually the date selected by the person purchasing for when they start their first trip. A year is not calculated according to calendar year, financial year or anything like that.

Annual travel insurance provides similar benefits as a single trip travel medical insurance such as medical, emergency medical evacuation, repatriation of remains, trip interruption, loss of checked luggage, accidental death and dismemberment, etc.


There are several restrictions to keep in mind while purchasing annual travel insurance:

  • Domestic Health Insurance

    You must maintain a major medical health insurance policy while in your home country or be enrolled in government health programs, such as Medicare. If you don't have any major insurance while in your home country, you can't purchase annual multi trip travel insurance.

  • Trip Length

    Each trip must be limited to 30 days or 45 days, depending upon the policy. It is rare to find a policy that provides annual coverage where each trip is longer than that. Therefore, if you are going to be traveling abroad for several months at a time, annual travel insurance is not appropriate. In such cases, you would need to purchase a single trip travel insurance policy.

  • Age

    Many companies provide annual medical travel insurance only up to a certain age, such as 65 years of age. Therefore, older or elderly people may have difficulty getting annual travel insurance. Many companies just charge a flat amount per year for you and for your family, regardless of the age.

  • Trip Cancellation

    There is no travel insurance annual plan that includes trip cancellation benefits. That is because you typically would not have planned all the trips in advance and paid for them in advance of purchasing annual travel insurance. Trip cancellation (and trip interruption) coverage amounts are determined by the total pre-paid non-refundable trip costs for a particular trip. Number of trips you take may vary. When insurance companies don't know in advance what trips you are going to take in the first place, they can't determine which ones you might cancel. Some plans offer optional trip cancellation coverage on a per-trip basis for additional premium or just for the first trip. Due to the fact that most annual travel insurance plans do not cover any trip cancellation and require you to have domestic health insurance, they are very low cost travel insurance plans.

  • Trip Interruption

    Whenever provided, trip interruption coverage is usually a flat amount such as $5,000 and based on the actual trip cost for each trip. Also, it may only apply to a single trip during the annual coverage period.

  • Policy Maximum

    Most annual trip insurance plans have one policy maximum and not various options to choose from, unlike single trip travel medical insurance.

Before buying annual travel insurance, you should get the quotes from multiple companies and contrast the benefits. Compare annual travel insurance plans prior to making a purchase. Fortunately, web sites like provide you the convenience of getting quotes from multiple companies at the same time and an annual  travel insurance comparison easy so that you can choose the plan most suitable to you. It is extremely important not to look just at the price, but also at the coverage you are getting.

Did you know?

Prices are regulated by law.

You cannot find a lower price anywhere for the same product.

Learn More

Why buy insurance from Insubuy?

Same Price. Better Service.®

There are many advantages in purchasing from Insubuy and no disadvantages.

Learn More

Visiting USA?

Healthcare costs are very high in the U.S.

Buy U.S. based visitors insurance and enjoy your trip.

Learn More

Traveling abroad?

Did you know that your insurance may not cover you abroad or that it may only provide limited coverage?

Purchase travel medical insurance that includes emergency medical evacuation.

Learn More

New immigrant to USA?

You are not eligible to enroll in Medicare for the first 5 years.

Purchase new immigrant medical insurance to bridge the gap.

Learn More

Going on a vacation?

You could lose your non-refundable trip costs if you had to cancel your trip.

Buy a trip cancellation insurance package plan and be worry-free.

Learn More

Are you an exchange visitor to USA?

The U.S. Department of State requires all J visa holders to purchase compliant insurance.

Buy J visa medical insurance to meet your requirements.

Learn More

Traveling to Europe?

Schengen countries require most non-US citizens to purchase Schengen visa insurance.

Make an instant purchase online and get instant visa letter.

Learn More

Traveling frequently throughout the year?

You don't need to purchase travel insurance for every trip.

Purchase annual multi trip travel insurance for your travels.

Learn More

International student in the U.S.?

Most schools require international students to purchase health insurance.

Purchase international student health insurance that meets most school requirements.

Learn More