Why is annual travel insurance cheaper than a single trip Annual travel insurance is an ordinary policy valid for one year abroad. It makes sense to take out annual travel insurance for those who go abroad to study or work, or who frequently travel abroad on business or private trips. Many countries require an annual policy for obtaining a multiple entry visa. Having such a policy frees the tourist from having to remember to buy insurance before each trip. Annual travel insurance includes the same risks as the standard insurance policies for trips abroad of several days or weeks. The essential difference is the long period of validity. The traveler does not need to worry about insurance while traveling abroad for 12 months. Why is annual travel insurance cheaper than a single trip? Types of annual insurance policies If long trips abroad are planned, it is advisable to take out annual insurance. As a rule, there are an unlimited number of trips during the year. Multi policy is issued for a certain number of days that you are going to spend abroad during the year (365, 180, 90, 60, 30). You can have as many trips as you want. The main thing is that the total duration of stay abroad will not exceed the number of days specified in the insurance contract. When is an annual insurance policy the best solution? The registration of such insurance is a prerequisite for obtaining an annual Schengen visa. A multi-policy will be required for those who like to travel around the world, take part in international events. Owners of overseas property, foreign university students and holders of work visas should worry about the insurance. Benefits of Annual Insurance The purchase of an annual policy is cheaper than multiple travel insurance. Its cost is calculated at more favorable rates for tourists.Freedom of movement. The owner of such a document can easily change dates and periods of travel abroad. What risks are covered by annual travel insurance? The choice of a travel insurance program depends on the traveler’s financial capabilities, the purpose of travel, and a set of insurance company offers. The minimal list of insurance risks includes: health deterioration requiring immediate medical attention;Injuries as the result of an accident;if necessary – medical transportation, evacuation, repatriation.Emergency surgical interventions;emergency dental care;organizing the return home in case the policy holder has serious health problems. A long-term care insurance program may also contain items: legal services;ensuring contact with relatives, if care is needed;civil liability (accidental injury to third parties);non-departure beyond the policyholder’s control, trip interruption;luggage insurance;arranging for the return of children to their place of permanent residence, for whom the injured policyholder is responsible.