What is Multi trip travel insurance?
Multi trip travel insurance is a form of travel insurance which is designed for customers who will make multiple trips abroad throughout the year. There are many different forms of travel insurance, and Multi trip travel insurance is one of the biggest types.
Multi trip travel insurance will look after your accommodation, flights, transport, luggage and medical costs whilst you are away, and is one of the most important things to take out before you go on holiday.
When working out which type of insurance you need to go on holiday, it’s usually best to follow our simple rule. If you are going on just one holiday in the year, then single trip travel insurance may be the cheapest deal for you, but if you are going on more than one trip then Multi trip travel insurance will save you money, and will also mean you are covered all year so if you do need to pop abroad in an emergency you will be covered automatically.
How does Multi trip travel insurance work?
Multi trip travel insurance will cover you for many things while you are away, but the most expensive from a financial point of view is your medical cover. In the UK we are used to having free medical care as a result of paying taxes to pay for the NHS. We don’t pay taxes abroad however, and as such should not expect to receive free medical care.
A stay in intensive care, or an operation on a broken bone can cost tens of thousands of pounds in some countries, and it is common for someone falling ill or getting injured whilst abroad to run up a hospital bill approaching one hundred thousand pounds.
Without Multi trip travel insurance you would be liable for that bill, and many countries will not let you leave until you have settled the bill in full. If you can afford to do that, then great, but many people cannot, and with most Multi trip travel insurance policies costing over 100 times less than the eventual bill, can you afford to be without it?
Multi trip travel insurance also covers customers financially should their flights be cancelled or delayed, or their accommodation be cancelled. Multi trip travel insurance will also cover customers against travel company failure, paying for alternative accommodation so you can finish your holiday.