- Annual Travel Insurance
- Finding The Best Travel Insurance
- International Travel Insurance
- Domestic Travel Insurance
- Cruise Travel Insurance
- Travel Insurance, Coronavirus & the International Travel Warning
- Travel Insurance Japan
- Travel Insurance France
- Travel Insurance USA
- Travel Insurance Brazil
- Travel Insurance Bali
- Student Travel Insurance
- Travel Insurance For Italy
- Travel Insurance Thailand
- Travel Insurance For New Zealand
- Tips For Travelling
- Travel Insurance China
- Travel Insurance For Singapore
- Cheap Flights: An Ultimate Guide
- Travel Insurance For The United Kingdom
- Travel Vaccinations
- Travel Insurance Europe
- Travel Insurance South Africa
- Family Travel Insurance
- Seniors Travel Insurance
- Solo Travel Tips
- Ski Travel Insurance
- Vacation & Holiday Ideas
- Travel Insurance For India
- Travel Insurance Canada
- Travel Insurance For Pre-Existing Conditions
- Multi-Trip Travel Insurance
Multi-Trip Travel Insurance
Over the years international travel has become more affordable and accessible, and as a result overseas travel for Australians continues to increase1.
When you’re travelling overseas, right up there with your passport on the list of travel essentials, is travel insurance2. Even if you’re just travelling within Australia, travel insurance is a great idea, as luggage can still be lost and unforeseen circumstances can also force the cancellation of your trip.
So if you’re planning several holidays over the next twelve months, especially multiple overseas trips, then you may find that a multi trip travel insurance policy, or annual travel insurance policy, offers the most value for your travel needs.
What is multi trip travel insurance?
A multi trip travel insurance policy is also known as an annual travel insurance policy. It’s a policy that covers you for unlimited trips for a twelve month period, usually for trips of up to 60 days in duration. However, if you’re going on a longer trip, for example, a 90 day trip, then you will need to take out a policy that covers you for 90 days specifically – otherwise you may only be covered for the first 60 days of your 90 day trip.
There’s lots of other things that can go wrong on your travels, which is why it’s important to still get travel insurance. Here’s just a few examples:
- Being injured in an accident and requiring medical treatment or even repatriation
- Falling ill and needing to either cancel your trip, or return home early
- Lost or stolen personal belongings such as luggage, travel documents, equipment, cash and electronic devices
- Travel delays resulting in missed bookings
- Causing an injury to someone else or accidentally damaging their property
- Having an accident in a hire vehicle and being able to claim any insurance excess costs
Lots of people fall back on travel insurance included with their credit card, but it’s important to check the level of cover and any exclusions, as this base level cover may not provide adequate protection.
Always read the Product Disclosure Statement (PDS) so you know exactly what is and isn’t included before you make your decision.
Going on multiple holidays in one year? Multi-trip insurance might be for you!
A multi trip travel insurance policy may provide great value if you’re taking multiple holidays within a twelve month period.
Even just two or three trips can mean that an annual policy provides you with the cover you need and within your budget, depending on your destinations. Just be sure to check that the policy covers you for all activities on your various trips. For example, if you’re going to have a Singapore resort holiday, a ski trip in Canada and a European boat cruise, make sure that you get cover that includes skiing and adventure sports and cruise insurance.
Like to book holidays spontaneously? Purchase cover for the year and avoid last minute hassles
An annual travel insurance policy is also an excellent option for those deal watchers out there who like to book spontaneous trips when the price is right.
With multi-trip insurance you avoid last minute scrambling to organise travel insurance while you’re busy packing, or racing to the airport. Just book your deal, pack your bag, and you’re good to go, safe in the knowledge that you’re covered should something go wrong.
Remember though that most insurers won’t provide cover for situations like:
- Travelling to countries in defiance of government recommendations
- Negligence, like deliberately leaving your luggage unattended
- Drug and alcohol related incidents
- Extreme or dangerous activities that are not specifically listed as inclusions on your policy
- Unlawful activities
What about extended trips?
Multi-trip policies may place restrictions on the length of each individual trip you take. These restrictions can be from anywhere from 15 to 365 days3, so it’s important to read the fine print on your policy. If you’re planning a longer trip, it’s important to understand how your policy may treat these restrictions.
How to compare multi trip travel insurance policies
Some of the things you may need to consider when evaluating a multi-trip travel insurance policy, or comparing it to multiple single trip policies include:
- Do you need domestic cover, international cover or both?
- Your intended overseas destinations – for example, if you’re more of a spontaneous traveller who chooses where to go based on the best deals, it could be worth choosing cover for the more expensive destinations, just in case
- What style of traveller are you? Are you a city loving urbanite, happy to explore the trendiest restaurants and get your culture on in the world’s best museums? Or are you more of an adventure sports junkie that needs cover in case of broken limbs and other injuries?
- How long will each trip be? For most insurers trips longer than 60 days in duration will need a specific policy
Start comparing multi-trip travel policies today!
At iSelect we understand there’s more exciting things you’d rather be doing before your trip than organising insurance. That’s why we make it easy to compare travel insurance policies side by side, so that you can find the one that suits you, and purchase it right there on the spot. Start comparing online today!
*iSelect does not compare all travel insurers or policies in the market. Travel insurance is only available through our website and not all policies are available at all times or in all areas. Not all policies made available from our partners are compared by iSelect and due to commercial arrangements and customer circumstances not all policies compared by iSelect will be available to all customers. Click here to view iSelect’s range of providers.
iSelect General Pty Limited ABN 90 131 798 126, AFS Licence Number: 334115. Any advice provided by iSelect is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect’s advice or purchasing any policy. You should consider iSelect’s Financial Services Guide which provides information about our services and your rights as a client of iSelect. iSelect receives commission for each policy sold.