Are you one of the lucky ones who travel multiple times a year? Travelling frequently, whether it's for short getaways or longer stays, is a passion for many of us.
However, traditional travel insurance is designed to cover you for one trip at a time, whether it's a one-week or one-month getaway. Once that trip is over, the insurance ends, and if you plan to travel again, you'll need to get a new insurance policy.
This is where annual multi-trip insurance comes in, a solution that allows you to be covered for an unlimited number of trips within the same year.
What Is annual multi-trip travel insurance?
Annual multi-trip insurance works just as the name suggests: it covers you for multiple trips. You can travel frequently without the recurring administrative hassles of getting travel insurance every time. You simply choose the coverage duration that suits your travel style, whether it's for short getaways or longer stays.
In case of illness or an accident during one of your trips covered by this type of insurance, the incurred medical expenses can be reimbursed. The insurance typically covers necessary medical care, medications, hospitalizations, and other health-related expenses, as per the terms of your policy. It's essential to carefully read the terms of your insurance contract to understand the coverage details and claim procedures.
This insurance option is often more cost-effective than obtaining individual insurance for each trip. You'll save significant amounts in the long run, which is a substantial advantage for travellers.
Moreover, the flexibility offered by annual multi-trip insurance allows you to extend your coverage as needed, adapting your insurance to your specific requirements.
How to choose the right travel insurance option?
The first step in obtaining annual multi-trip insurance is to determine the typical duration of your trips. Are you the type who goes on short getaways for a few days or embarks on several-week-long adventures?
Based on your travel style, you can choose from the following options:
- 7 days
- 15 days
- 30 days
- 45 days
The idea is to select an option that covers the majority of your trips. For instance, if you plan to spend a weekend in New York, a long weekend in Maine, a week in a sunny destination, and a week in Europe during the year, the 7-day option could be perfect for you. On the other hand, if you have the flexibility to work or study remotely, the 30-day option will allow you to go on a Eurotrip for three weeks, work in Nicaragua for a month, or take a two-week road trip in the United States.
In other words, by obtaining multi-trip insurance, you cover all your international trips for a period less than the chosen option (7, 15, 30, 45 days) throughout the year.
It's also advisable to inquire with a soNomad agent about the price difference between the various options. Sometimes, there's only a small price difference between the 7-day and 30-day options, which can lead to long-term savings.
Who is this travel insurance for?
Discover the types of travellers who can benefit from annual multi-trip insurance.
- Frequent travellers: If you regularly explore new horizons, whether it's for short getaways, recurring business trips, or extended vacations, this insurance is designed for you. It eliminates the need to obtain new insurance for every trip, simplifying your travel planning.
- Digital nomads and remote workers: This insurance is perfect for those leading a nomadic lifestyle. Be covered without hassle, whether you're working from a paradise beach or any other location. If your stay abroad needs to be extended, a call or email to soNomad is all it takes to extend your coverage — complete flexibility for your travels.
- Budget-conscious travellers: If you're looking for ways to save on your travel costs, this insurance is a wise choice. Compared to purchasing individual insurance for each trip, annual multi-trip insurance is much more economical.
- Spontaneity enthusiasts: Adventurers who love to travel spontaneously will appreciate this insurance plan. Whether you receive a last-minute invitation for a getaway with friends or the urge to explore a new destination strikes you on a whim, you'll always be covered without needing to contact your insurer for each trip.
- Travellers with family abroad: If you travel frequently to visit relatives living abroad, this insurance offers the peace of mind you need. You can plan visits to your loved ones without worrying about insurance coverage for each trip.
- Residents near the border: This insurance provides extra peace of mind to residents of border cities. Whether you're in Windsor, Ontario, or Vancouver, British Columbia, you'll be covered when crossing the border to refuel, dine out, or shop on the other side. Enjoy your cross-border getaways safely with annual multi-trip insurance.
Save with annual multi-trip travel insurance
One of the main advantages of annual multi-trip insurance is it’s often much lower cost compared to obtaining individual insurance for each trip.
Take the concrete example of a 4-day trip to California. Traditional travel insurance companies charge between $75 and $125 for such coverage. In contrast, with soNomad, you could be covered for all your trips of 30 days or less for only $95* per year. This annual multi-trip insurance will automatically cover you for all your upcoming trips of less than 30 days for an entire year. Amazing, isn't it?
Before getting individual insurance, request a quote for annual multi-trip coverage. You could achieve significant savings!
Imagine you want to take eight trips in the coming year. If you opted for individual insurance each time, it would cost you about $800 ($100 of insurance per trip). However, with soNomad's annual multi-trip insurance, the bill would be only $95*. This way, you save $710!
*The price is based on an estimate of a 32-year-old traveller. It's important to note that the rates for annual multi-trip insurance can vary based on age, medical history, and other traveller-specific factors.
Furthermore, one of the most significant benefits of annual multi-trip insurance is that you don't need to contact your insurer for each trip. You can travel spontaneously, whether it's for a weekend with friends in the United States or a last-minute European getaway.
As long as your trip is covered by the duration you've chosen, you don't have to worry about contacting your insurer.
Extend your coverage as needed
If you decide to stay abroad longer than the duration of the option you've chosen, simply contact soNomad to extend your insurance coverage.
For example, if you selected the 45-day option and wish to stay abroad for 60 days, you only need to pay an additional fee for the extra 15 days. This provides great flexibility for your travel plans.
The best travel insurance for worry-free travel throughout the year
Imagine, for a year, having all your trips and vacations covered with annual multi-trip insurance! It's truly the ideal option for frequent travellers and spontaneous adventurers. You'll save money while enjoying continuous coverage for all your trips throughout the year.
So, don't hesitate to explore this option for travelling with peace of mind and tranquillity. Contact a soNomad agent and ask for more information on the annual multi-trip insurance that suits you best.