4 advantages of buying multi-trip travel insurance

As many as 44% of Canadians plan their trips from two to six months in advance*. That’s great for ensuring all the important arrangements, including travel insurance, are in place before travelling. But what about other travellers who prefer to take advantage of last-minute deals or don’t know they’ll be travelling until an unplanned opportunity arises?

The following are four reasons why travellers might want to secure annual multi-trip travel insurance. A good option is Allianz Global Assistance’s Annual Medical Plan, which provides valuable emergency medical coverage for unlimited trips within a one-year period.

Part of the fun of travelling is planning where to go and what to do while away. With multi-trip medical insurance, travellers only have to arrange for protection once a year. Because annual multi-trip travel insurance enables them to “get it and forget it”, having coverage for every trip is an easy habit to get into – and stick with. This type of coverage is ideal for those times when sudden impromptu cross-border road trips or great seat sales arise.
Part of the fun of travelling is planning where to go and what to do while away. With multi-trip medical insurance, travellers only have to arrange for protection once a year. Because annual multi-trip travel insurance enables them to “get it and forget it”, having coverage for every trip is an easy habit to get into – and stick with. This type of coverage is ideal for those times when sudden impromptu cross-border road trips or great seat sales arise.
Whether it’s a month-long business trip to Hong Kong, a weekend in Las Vegas, or two weeks in a neighbouring province in Canada, multi-trip travel insurance is ready to go when travellers are. Recognizing that one size doesn’t always fit all, a multi-trip insurance policy is available with one of two plan options: unlimited trips lasting up to 10 days each or unlimited trips of up to 30 days. These options help travellers fit travel protection into their schedule and travel lifestyle.

Emergency medical care in places such as the US is expensive. For example, a few stitches in an American hospital could cost upwards of $3,000 and a sprained ankle around $2,000. A more serious broken leg that requires surgery and an overnight stay could reach upwards of $50,000. If something unexpected happens and a traveller needs to go to the doctor or hospital, annual multi-trip travel insurance can provide up to $10 million in emergency medical coverage and assistance. Considering that one multi-trip travel insurance plan could cost less than three single-trip policies on average, it’s a small investment that delivers both protection and peace of mind.

Learn more about travel insurance or get a travel insurance quote online.

* Allianz Global Assistance 2018/2019 Annual Winter Vacation Confidence survey
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