For those who enjoy traveling and do it often, annual holiday insurance allows you to enjoy taking trips year round without the hassles of getting travel insurance every time you decide to hit the road. You know that it is important to make sure you have coverage when you are away from home in case you become ill, need medical attention, or get your bags stolen. It can really be annoying when you have to go through all of this each time you decide to go abroad, especially if you do so several times per year.
Before you purchase annual holiday insurance, do a little research and shop around for the best prices. Decide what kind of coverage you really need, and don’t get coverage that you know you can live without or do not need. Medical coverage is usually the most important, especially for those that have existing medical conditions. Find out if there are any health hazards that are risky in the area you are traveling to before you go by doing a little research.
You need to thoroughly understand how annual holiday insurance works before you jump in and make a decision. Like the name implies, it covers you when you travel abroad for a full year, though that doesn’t mean a calendar year. Most policies take effect on the day that you choose, which may be a day or two before you depart on your first trip, or the day you actually leave. Also, be aware that some annual holiday insurance policies only cover you for a specific number of days, while others cover you for as long as you decide to stay. Generally, those that limit the number of days offer coverage for anywhere from 21 to 45 days.
You may have traveled abroad many times without travel insurance and feel 
that you do not need it, simply because nothing has happened on any of your prior trips. This is a big mistake, and things do happen – especially when you least expect it. Annual holiday insurance is an excellent idea for those who travel abroad several times every year, and offer you coverage in a variety of areas. Of course, the more coverage you desire the more costly it will be, but it is well worth the expense considering how many thousands of dollars you may be out if something bad were to happen.
Many companies offer annual holiday insurance that covers trip cancellation or trip interruption, but be sure to read the fine print and understand the wording of the policy thoroughly before using this benefit. This type of coverage allows you to recoup any expenses because a trip had to be canceled, or even interrupted after it has already begun. It is necessary that you provide a very good reason when you want to be compensated for expenses related to cancellations or interruptions, which can be tricky. This is not coverage that you have to purchase, just something you should consider when you are shopping around for the best annual holiday insurance policy.
Shopping online is the easiest way to find companies that offer the coverage you need at a price that is agreeable. When you find a policy that offers the coverage area you want and a good price as well, print it out. As you go through all of your options, print out all that look like what you need, then you will be able to compare them both coverage-wise and price-wise. Annual holiday insurance is a convenience that saves you much headache, time and hassle throughout the year, especially when you are one who makes many trips abroad.
Mark South
http://www.ageconcerntravelinsurance.org