annual travel insurance ratings

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9 Best Travel Insurance Companies of 2024

According to our analysis of more than 50 travel insurance companies and hundreds of different travel insurance plans, the best travel insurance company is Travelex Insurance Services. In our best travel insurance ratings, we take into account traveler reviews, credit ratings and industry awards. The best travel insurance companies offer robust coverage and excellent customer service, and many offer customizable add-ons.

Travelex Insurance Services »

Allianz Travel Insurance »

HTH Travel Insurance »

Tin Leg »

AIG Travel Guard »

Nationwide Insurance »

Seven Corners »

Generali Global Assistance »

Berkshire hathaway travel protection ».

Why Trust Us

U.S. News evaluates ratings, data and scores of more than 50 travel insurance companies from comparison websites like TravelInsurance.com, Squaremouth and InsureMyTrip, plus renowned credit rating agency AM Best, in addition to reviews and recommendations from top travel industry sources and consumers to determine the Best Travel Insurance Companies.

Table of Contents

• Travelex Insurance Services
• Allianz Travel Insurance

Travel insurance can help you protect the financial investment you made in your vacation when unexpected issues arise. Find the best travel insurance for the type of trip(s) you're taking and the coverages that matter most to you – from interruptions and misplaced belongings to illness and injury.

• Travelex Insurance Services: Best Overall
• Allianz Travel Insurance: Best for Trip Interruptions
• HTH Travel Insurance: Best for Groups
• Tin Leg: Best Cost
• AIG Travel Guard: Best for Families
• Nationwide Insurance: Best for Last-Minute Travel Insurance
• Seven Corners: Best for 24/7 Support When Traveling
• Generali Global Assistance: Best for Medical Emergencies
• Berkshire Hathaway Travel Protection: Best for Specialized Coverage

Customizable upgrades are available, including car rental coverage, additional medical insurance and adventure sports coverage

Medical and trip cancellation maximum are not as high as some other companies

• 100% of the insured trip cost for trip cancellation; 150% for trip interruption
• Up to $1,000 in coverage for lost, damaged or stolen bags and personal items; $200 for luggage delays
• $750 in missed connection coverage
• $50,000 in emergency medical and dental coverage
• Up to $500,000 in emergency medical evacuation and repatriation coverage

SEE FULL REVIEW »

Annual and multitrip policies are available

Distinguishing between the company's 10 travel insurance plans can be challenging

• Up to $200,000 in trip cancellation coverage; $300,000 in trip interruption coverage
• $2,000 for lost, damaged or stolen luggage and personal effects; $600 for bag delays
• Up to $1,600 for travel delays
• Emergency medical coverage of up to $75,000
• Epidemic coverage

Generous coverage at the mid- and high-tier levels, and great group discounts

Preexisting conditions coverage is only available at mid- and high-tier plans

• 100% trip cancellation coverage (up to $50,000); 200% trip interruption coverage
• Up to $2,000 in coverage for baggage and personal effects; $400 in baggage delay coverage
• Up to $2,000 in coverage for trip delays; $1,000 for missed connections
• $500,000 in coverage per person for sickness and accidents

Variety of plans to choose from, including two budget-friendly policies and several more premium options

More limited coverage for baggage issues than other companies

• 100% trip cancellation protection; 150% trip interruption
• $500 per person for lost, stolen or damaged baggage and personal items
• Up to $2,000 per person in travel delay coverage ($150 per day); $100 per person for missed connections
• $100,000 per person in emergency medical coverage, including issues related to COVID-19

Travel insurance policy coverage is tailored to your specific trip

Information about policy coverage inclusions is not readily available without first obtaining a quote

• Trip cancellation coverage for up to 100% of your trip's cost; trip interruption coverage for up to 150% of the trip cost
• Up to $2,500 in coverage for lost, stolen or damaged baggage; $500 related to luggage delays
• Up to $1,000 in missed connection and trip delay coverage
• $100,000 in emergency medical coverage

Variety of plans to choose from and coverage available up to a day before you leave on your trip

Limited trip cancellation coverage even at the highest tier

• Trip cancellation coverage up to $30,000; trip interruption coverage worth up to 200% of the trip cost (maximum of $60,000)
• $2,000 for lost, damaged or stolen baggage; $600 for baggage delays
• Up to $2,000 for trip delays; missed connection and itinerary change coverage of $500 each
• $150,000 for emergency medical and dental issues

Customer service available 24/7 via text, Whatsapp, email and phone

Cancel for any reason coverage costs extra

• 100% trip cancellation coverage (up to between $30,000 and $100,000 depending on your state of residence); interruption coverage for up to 150% of the trip cost 
• Lost, stolen or damaged baggage coverage up to $2,500; up to $600 for luggage delays
• Trip delay and missed connection coverage worth up to $1,500
• Emergency medical coverage worth up to between $250,000 and $500,000 (depending on where you live)

Generous emergency medical and emergency evacuation coverage

Coverage for those with preexisting conditions is only available on the Premium plan

• 100% reimbursement for trip cancellation; 175% reimbursement for trip interruption
• $2,000 in coverage for loss of baggage per person
• $1,000 per person in travel delay and missed connection coverage
• $250,000 in medical and dental coverage per person

In addition to single-trip plans, company offers specific road trip, adventure travel, flight and cruise insurance coverage

Coverage for missed connections or accidental death and dismemberment is not part of the most basic plan

• Trip cancellation coverage worth up to 100% of the trip cost; interruption coverage worth up to 150% of the trip cost
• $500 in coverage for lost, stolen or damaged bags and personal items; bag delay coverage worth $200
• Trip delay coverage worth up to $1,000; missed connection coverage worth up to $100
• Medical coverage worth up to $50,000

To help you better understand the costs associated with travel insurance, we requested quotes for a weeklong June 2024 trip to Spain for a solo traveler, a couple and a family. These rates should help you get a rough estimate for about how much you can expect to spend on travel insurance. For additional details on specific coverage from each travel insurance plan and to input your trip information for a quote, see our comparison table below.

Travel Insurance Types: Which One Is Right for You?

There are several types of travel insurance you'll want to evaluate before choosing the policy that's right for you. A few of the most popular types of travel insurance include:

COVID travel insurance Select insurance plans offer some or a combination of the following COVID-19-related protections: coverage for rapid or PCR testing; accommodations if you're required to quarantine during your trip if you test positive for coronavirus; health care; and trip cancellations due to you or a family member testing positive for COVID-19. Read more about the best COVID-19 travel insurance options .

Cancel for any reason insurance Cancel for any reason travel insurance works exactly how it sounds. This type of travel insurance lets you cancel your trip for any reason you want – even if your reason is that you simply decide you no longer want to go. Cancel for any reason travel insurance is typically an add-on you can purchase to go along with other types of travel insurance. For that reason, you will pay more to have this kind of coverage added to your policy.

Also note that this type of coverage typically only reimburses 50% to 80% of your nonrefundable prepaid travel expenses. You'll want to make sure you know exactly how much reimbursement you could qualify for before you invest in this type of policy. Compare the best cancel for any reason travel insurance options here .

International travel insurance Travel insurance is especially useful when traveling internationally, as it can provide medical coverage for emergencies (in some cases for COVID-19) when you're far from home. Depending which international travel insurance plan you choose, this type of travel insurance can also cover lost or delayed luggage, rental cars, travel interruptions or cancellations, and more.

Cheap travel insurance If you want travel insurance but don't want to spend a lot of money, there are plenty of cheap travel insurance options that will offer at least some protections (and peace of mind). These are typically called a company's basic or standard plan; many travel insurance companies even allow you to customize your coverage, spending as little or as much as you want. Explore your options for the cheapest travel insurance here .

Trip cancellation, interruption and delay insurance Trip cancellation coverage can help you get reimbursement for prepaid travel expenses, such as your airfare and cruise fare, if your trip is ultimately canceled for a covered reason. Trip interruption insurance, on the other hand, kicks in to reimburse you if your trip is derailed after it starts. For instance, if you arrived at your destination and became gravely ill, it would cover the cost if you had to cut your trip short.

Trip delay insurance can help you qualify for reimbursement of any unexpected expenses you incur (think: lodging, transportation and food) in the event your trip is delayed for reasons beyond your control, such as your flight being canceled and rebooked for the next day. You will want to save your receipts to substantiate your claim if you have this coverage.

Lost, damaged, delayed or stolen bags or personal belongings Coverage for lost or stolen bags can come in handy if your checked luggage is lost by your airline or your luggage is delayed so long that you have to buy clothing and toiletries for your trip. This type of coverage can kick in to cover the cost to replace lost or stolen items you brought on your trip. It can also provide coverage for the baggage itself. It's even possible that your travel insurance policy will pay for your flight home if damages are caused to your residence and your belongings while you're away, forcing you to return home immediately.

Travel medical insurance If you find yourself sick or injured while you are on vacation, emergency medical coverage can pay for your medical expenses. With that in mind, however, you will need to find out whether the travel medical insurance you buy is primary or secondary. Where a primary policy can be used right away to cover medical bills incurred while you travel, secondary coverage only provides reimbursement after you have exhausted other medical policies you have.

You will also need to know how the travel medical coverage you purchase deals with any preexisting conditions you have, including whether you will have any coverage for preexisting conditions at all. Read more about the best travel medical insurance plans .

Evacuation insurance Imagine you break your leg while on the side of a mountain in some far-flung land without quality health care. Not only would you need travel medical insurance coverage in that case, but you would also need coverage for the exorbitant expense involved in getting you off the side of a mountain and flying you home where you can receive appropriate medical care.

Evacuation coverage can come in handy if you need it, but you will want to make sure any coverage you buy comes with incredibly high limits. According to Squaremouth, an emergency evacuation can easily cost $25,000 in North America and up to $50,000 in Europe, so the site typically suggests customers buy policies with $50,000 to $100,000 in emergency evacuation coverage.

Cruise insurance Travel delays; missed connections, tours or excursions; and cruise ship disablement (when a ship encounters a mechanical issue and is unable to continue on in the journey) are just a few examples why cruise insurance can be a useful protection if you've booked a cruise vacation. Learn more about the top cruise insurance plans here .

Credit card travel insurance It is not uncommon to find credit cards that include trip cancellation and interruption coverage , trip delay insurance, lost or delayed baggage coverage, travel accident insurance, and more. Cards that offer this coverage include popular options like the Chase Sapphire Reserve credit card , the Chase Sapphire Preferred credit card and The Platinum Card from American Express . 

Note that owning a credit card with travel insurance protection is not enough for your coverage to count: To take advantage of credit card travel insurance, you must pay for prepaid travel expenses like your airfare, hotel stay or cruise with that specific credit card. Also, note that credit cards with travel insurance have their own list of exclusions to watch out for. Many also require cardholders to pay an annual fee.

Frequently Asked Questions

The best time to buy travel insurance is normally within a few weeks of booking your trip since you may qualify for lower pricing if you book early. Keep in mind, some travel insurance providers allow you to purchase plans until the day before you depart.

Many times, you are given the option to purchase travel insurance when you book your airfare, accommodations or vacation package. Travel insurance and travel protection are frequently offered as add-ons for your trip, meaning you can pay for your vacation and some level of travel insurance at the same time.

However, many people choose to wait to buy travel insurance until after their entire vacation is booked and paid for. This helps travelers tally up all the underlying costs associated with a trip, and then choose their travel insurance provider and the level of coverage they want.

Figuring out where to buy travel insurance may be confusing but you can easily research and purchase travel insurance online these days. Some consumers prefer to shop around with a specific provider, such as Allianz or Travelex, but you can also shop and compare policies with a travel insurance platform. Popular options include:

• TravelInsurance.com: TravelInsurance.com offers travel insurance options from more than a dozen vetted insurance providers. Users can read reviews on the various travel insurance providers to find out more about previous travelers' experiences with them. Squaremouth: With Squaremouth, you can enter your trip details and compare more than 90 travel insurance plans from 20-plus providers.
• InsureMyTrip: InsureMyTrip works similarly, letting you shop around and compare plans from more than 20 travel insurance providers in one place. InsureMyTrip also offers several guarantees, including a Best Price Guarantee, a Best Plan Guarantee and a Money-Back Guarantee that promises a full refund if you decide you no longer need the plan you purchased.

Protect your trip: Search, compare and buy the best travel insurance plans for the lowest price. Get a quote .

When you need to file a travel insurance claim, you should plan on explaining to your provider what happened to your trip and why you think your policy applies. If you planned to go on a Caribbean cruise, but your husband fell gravely ill the night before you were set to depart, you would need to explain that situation to your travel insurance company. Information you should share with your provider includes the details of why you're making a claim, who was involved and the exact circumstances of your loss.

Documentation is important, and your travel insurance provider will ask for proof of what happened. Required documentation for travel insurance typically includes any proof of a delay, receipts, copies of medical bills and more.

Most travel insurance companies let you file a claim using an online form, but some also allow you to file a claim by phone or via fax. Some travel insurance providers, such as Allianz and Travel Insured International, offer their own mobile apps you can use to buy policies and upload information or documents that substantiate your claim. In any case, you will need to provide the company with proof of your claim and the circumstances that caused it.

If your claim is initially denied, you may also need to answer some questions or submit some additional information that can highlight why you do, in fact, qualify.

Whatever you do, be honest and forthcoming with all the information in your claim. Also, be willing to provide more information or answer any questions when asked.

Travel insurance claims typically take four to six weeks to process once you file with your insurance company. However, with various flight delays and cancellations due to things like extreme weather and pilot shortages, more travelers have begun purchasing travel insurance, encountering trip issues and having to submit claims. The higher volume of claims submitted has resulted in slower turnaround times at some insurance companies.

The longer you take to file your travel insurance claim after a loss, the longer you will be waiting for reimbursement. Also note that, with many travel insurance providers, there is a time limit on how long you can submit claims after a trip. For example, with Allianz Travel Insurance and Travelex Insurance Services, you have 90 days from the date of your loss to file a claim.

You may be able to expedite the claim if you provide all the required information upfront, whereas the process could drag on longer than it needs to if you delay filing a claim or the company has to follow up with you to get more information.

Travel insurance is never required, and only you can decide whether or not it's right for you. Check out Is Travel Insurance Worth It? to see some common situations where it does (and doesn't) make sense.

Why Trust U.S. News Travel

Holly Johnson is an award-winning content creator who has been writing about travel insurance and travel for more than a decade. She has researched travel insurance options for her own vacations and family trips to more than 50 countries around the world, and has experience navigating the claims and reimbursement process. In fact, she has successfully filed several travel insurance claims for trip delays and trip cancellations over the years. Johnson also works alongside her husband, Greg, who has been licensed to sell travel insurance in 50 states, in their family media business.

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For the Frequent Traveler: The 11 Best Annual Travel Insurance Policies

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Table of Contents

The 11 best annual travel insurance policies, what is annual travel insurance, is annual travel insurance worth it, how much do annual travel insurance policies cost, does credit card travel insurance apply annually, choosing an annual travel insurance policy, final thoughts.

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If you take multiple trips every year, insuring each one can be a hassle. There are forms to fill out, comparison shopping over and over again, and then remembering the policy documents for each specific trip. And then there’s the risk you might forget to take out travel insurance for one of your trips.

Plus, those costs add up. There must be a better way.

Enter annual travel insurance. Also known as multi-trip travel insurance, taking out an annual policy covers you for a whole year of travel. Not only is it simpler, it may be cheaper than taking out multiple single-trip policies. But is it right for you?

Annual travel insurance policies aren’t exactly the same as the trip insurance you’d buy for a weeklong holiday with your family. Here are the best annual travel insurance policies, what they do and don’t cover, and how to decide whether taking out a yearly policy might be right for you.

GeoBlue Trekker Choice

GeoBlue offers 2 Trekker plans for annual coverage, which are unique in several ways. These plans cover preexisting conditions, COVID-19, and all travel outside the U.S.

However, they don’t cover any trips inside the U.S. or provide any coverage for canceled, delayed, or interrupted trips. Instead, these are travel medical insurance plans . With the GeoBlue Trekker Choice plan , you’ll get higher maximum payouts in all categories and pay a lower deductible ($100). However, note that this is still secondary coverage .

You’ll get unlimited access to telemedicine and coverage for trips up to 70 days in length . Additionally, coverage is available up to age 95, which isn’t offered on most other policies.

GeoBlue Trekker Essential

The GeoBlue Trekker Essential plan offers the same pros and cons as the Choice plan. The main differences are the lower maximum payout values and the higher deductible ($200 instead of $100). You also won’t get the Choice plan’s lost baggage and personal effects coverage, which can provide up to $500 per trip. Again, this secondary medical insurance policy is only valid on trips outside the U.S.

Trawick International Safe Travels Annual Basic

Trawick International offers 2 annual plans, and the Safe Travels Annual Basic plan is more economical. You’ll have coverage for everything you expect in a trip insurance policy , such as 100% coverage for trip cancellation or interruption (up to a $2,500 annual maximum) and coverage for delays, lost luggage, delayed luggage, and even medical expenses. To make up for the lower cost of the plan, coverage limits are lower than what you’ll find elsewhere . However, if you want peace of mind while traveling, you can get it for a year and cover trips up to 30 days in length.

Trawick International Safe Travels Annual Deluxe

While Trawick International’s Safe Travels Annual Deluxe plan offers higher maximum coverage limits than the Basic plan, its maximum payouts for medical and evacuation benefits are lower than what you’ll find with competitors . Where this plan shines is in the coverage for change fees, lost deposits on tours, and coverage for lost items if an airline misplaces your luggage.

You’ll be covered for up to $300 per trip for prepaid excursions, up to 100% of your trip cost (with an annual maximum of $5,000) for trip cancellations or interruptions, and up to $150 per item and $750 per trip for personal effects. After signing up for a plan, you’ll also get a 10-day free look period.

Allianz Travel AllTrips Basic Plan

If you want an annual plan with a low price tag , this could be what you’re looking for. The Allianz Travel AllTrips Basic plan covers you for unlimited trips up to 45 days each over the course of a year. Coverage includes emergency medical, emergency medical evacuation, baggage loss and delays, travel delays, rental car theft and damage, and travel accident coverage.

However, there’s a fair list of exclusions from this plan . That includes trip cancellation, trip interruption, missed connections, and change fees. As the name implies, you’ll get basic coverage at a basic price.

Allianz Travel AllTrips Prime Plan

The Allianz Travel AllTrips Prime option covers 365 days of trips, though the maximum trip length is just 45 days. While you’ll get coverage for all the standard travel insurance benefits, including trip cancellation, trip interruption, emergency medical, delays, and baggage mishaps, there are limits you should know about with this plan.

The travel accident coverage, which applies to death or the loss of a limb, maxes out at $25,000 per trip, baggage delay maxes out at $200, and baggage loss or damage maxes out at $1,000. The maximum coverage for emergency medical is $20,000, and costs can exceed that quickly in a true emergency.

However, this is a decent option if you want a fair amount of coverage across numerous categories without a high price tag.

Allianz Travel AllTrips Executive Plan

For those worried about expensive business equipment or losing points and miles, this plan has you covered. On top of higher maximum payouts in categories such as trip cancellation, emergency medical transportation, or travel delays, you’ll also get rental car damage and theft coverage, change fee coverage, and reimbursement for renting business equipment if yours is lost, stolen, damaged, or delayed during a trip.

Moreover, you can be reimbursed up to $500 to cover fees for reinstating your points and miles if a covered trip is canceled or interrupted. The Allianz Travel AllTrips Executive plan also provides coverage for preexisting medical conditions if you meet certain criteria and buy at least 14 days before the first trip.

Allianz Travel AllTrips Premier Plan

Allianz also has a customizable AllTrips Premier plan , allowing you to choose between several payout tiers for trip cancellation and interruption. You’ll pay more when choosing higher maximums, but this allows you to choose exactly what you want in coverage and not pay for more than you need. Another positive is coverage for preexisting medical conditions if you meet certain criteria and buy your policy at least 14 days before your first trip.

You’ll also get rental car damage and theft coverage , $500,000 of emergency medical transportation coverage, $50,000 of emergency medical, and coverage for travel delay expenses after a delay of 6 hours or more. The baggage delay coverage is up to $2,000, but it requires a delay of 12 or more hours. The maximum trip length allowed is 90 days.

AIG Travel Guard Annual Travel Insurance Plan

The AIG Travel Guard Annual Travel Insurance plan isn’t available to Washington state residents. Still, it provides coverage for trip interruption, trip delay, lost baggage, delayed baggage, and missed connections, as well as both medical and security evacuation, accidental death and dismemberment, and travel medical expenses. However, the coverage limit for dental is just $500, and the maximum coverage for travel medical expenses is just $50,000. Those are lower limits than other plans. Additionally, trip cancellation isn’t included.

However, Travel Guard has some strengths. Trip delay coverage applies for up to 10 days and requires a delay of just 5 hours, and the missed connection benefit applies after just 3 hours. You get a “free look” period of up to 15 days to cancel for a refund, so long as you haven’t started your trip or filed a claim. Maximum coverage for any particular trip is 90 days.

USI Affinity Voyager Annual Travel Insurance

USI Affinity’s Voyager plan has a Silver and Gold option , and pricing is easy to determine from the chart. Simply find your age bracket and the associated cost. The key differences between the plans are in the higher maximum payouts for nearly every coverage type with the Gold plan, other than emergency dental and accidental death and dismemberment. However, the Gold plan also includes coverage types the Silver plan doesn’t: political and natural disaster evacuation, airline ticket change fees, and trip interruption. However, trip cancellation isn’t included with either plan .

The maximum trip length is 90 days, and coverage for Silver and Gold plans lasts for 364 days. An unlimited number of international and domestic trips are covered, and you’re covered for trips as little as 100 miles from home. That’s a lower requirement than most other plans (which tend to require 150 miles).

Seven Corners Travel Medical Annual Multi-Trip

This plan is ideal for those who don’t live in the U.S., as other plans on this list are only available to U.S. residents and citizens. While the plan technically lasts for 364 days, Seven Corners’ Travel Medical Annual Multi-Trip plan is customizable. It lets you choose a maximum trip length of 30, 45, or 60 days and include or exclude coverage for the U.S. Note U.S. citizens and residents cannot add coverage for inside the U.S.

Seven Corners also provides coverage for travelers aged 14 to 75 years, though maximum payouts decrease in some categories for those aged 65 and older. If you receive medical care in the U.S., Seven Corners will pay 90% of the first $5,000 of covered expenses and 100% of the cost afterward. You’re covered 100% outside the U.S. Note that coverage doesn’t apply to your home country (which includes the U.S. if you’re a citizen, even if you live in another country) and isn’t available in Antarctica, Cuba, Iran, Israel, North Korea, Russia, Syria, or Ukraine.

A Plan That Didn’t Make Our List

We considered another plan. Here’s why this annual travel insurance policy didn’t make our “best of” list.

IMG Patriot Multi-Trip International : For trips inside the U.S., you may be on the hook for 20% of your medical expenses if you visit a provider outside IMG’s PPO network. Additionally, the maximum trip length is 30 days, and coverage limits are quite low in multiple categories. These include $50,000 for emergency medical evacuation and $10,000 for political evacuation, a maximum of $50 per item and $250 overall for lost luggage, a $100 maximum for dental treatment, and $25,000 for accidental death and dismemberment 24/7 coverage.

Annual travel policy plans vary considerably. Most provide secondary medical insurance, so you may need to submit to your other coverage (home healthcare plan, credit card insurance provider, etc.) first and then submit to your travel insurance provider for any remaining expenses or deductibles. If you won’t have other coverage, you may want to look for a plan that provides primary health coverage instead. Also, understand that most plans provide reimbursement, so you would pay out of pocket for overseas hospital visits and then submit to your insurance provider for reimbursement after the fact.

Annual travel insurance covers you for many trips over the course of a year (or sometimes 364 days). Rather than needing to buy a travel insurance policy for each trip separately — which can add up — you can buy a single policy that covers all your trips for the next year. It’s important to understand the terms of these policies, though. Some may require buying coverage in advance, such as 14 days before your first trip, while that requirement normally doesn’t exist on single-trip travel insurance.

It’s also important to note which types of trips and destinations are covered by your policy — and which aren’t. Look for how far from home you must travel to be covered and whether domestic trips are included. Moreover, consider what benefits you’re looking for. These can vary from medical-only to all the bells and whistles, such as baggage delay and medical evacuation. Once you know the type of coverage you want, you can find a policy or policies that align with your needs, helping you narrow down your options to conduct a more effective comparison.

How Annual Travel Insurance Works

Annual travel insurance works as an umbrella policy, covering all your trips during the policy period. You don’t need to inform the policy provider about each trip’s start and stop dates or destinations. You simply buy a policy, and then you’re protected for every trip that meets the conditions while your policy is in effect. Some regions may be excluded from coverage, and you may be subject to a maximum trip length.

Trip length is an important element to pay attention to. Annual travel insurance doesn’t cover you for a year-long trip. It covers you for a year for many small trips within that time, typically up to 30 or 45 days per trip. If you’re looking for a plan to cover you during a year-long trip to another country, you should look for specialized plans for study abroad, mission work, or other situations that apply to you. Traveling full-time? You may need a policy geared toward digital nomads and backpackers.

When To Buy an Annual Travel Insurance Policy

You should buy your annual travel insurance policy as soon as you know you’ll have multiple trips in the next year and determine that the cost of insuring each alone would be higher than that of a single multi-trip plan. What’s the break-even point on that cost? It depends on the coverage you want.

Considering that single-trip plans can sometimes be found for $10, yet an annual trip is likely to cost $150 or more per adult, you’d need 15 trips to justify the annual policy. However, that’s not really an apples-to-apples comparison, as a $10 basic travel insurance policy won’t provide as much coverage as you’re likely to find on even the most basic of annual policies.

It’s also not just about the number of trips you take but the types of trips, the complexity of the trips, and money at risk in nonrefundable costs. The more of these you foresee in your next year of travels, the more likely an annual plan would be good for you.

What Annual Travel Insurance Policies Do and Don’t Cover

We already highlighted that annual policies don’t cover traveling nonstop for a year due to their restrictions on the maximum trip length. Annual travel insurance policies also restrict how far you must travel for coverage to kick in. Driving to the next town over may be a trip in your kids’ eyes, but it’s probably not far enough for your travel insurance to kick in.

While coverage varies by policy, you’ll typically have coverage for sickness, accidental death and dismemberment, lost or delayed luggage, trip cancellation, and possibly injuries during skiing or snowboarding. However, it’s important to read the terms of each policy because coverage maximums and inclusions vary widely. Some policies only provide medical coverage, while others offer robust coverage across the board.

Understanding Trip Length Rules

Each policy specifies a maximum trip length. How trips longer than that are treated can vary. Most policies won’t cover any expenses related to a trip longer than the maximum trip length. Suppose you take a trip of 41 days on a policy with a maximum of 40 days. In that case, claims for delayed luggage or medical expenses may be rejected when the claim evaluator asks for your trip confirmation details.

However, GeoBlue covers the first 70 days of any particular trip. If something goes wrong during that time, you’re covered. You’re on your own for anything that happens on days 71 or beyond. Still, you’re covered on those first 70 days, despite taking a longer trip.

If you foresee long trips in the future, make sure you understand these rules.

For some travelers, yes, annual travel insurance is worth it. For others, it’s not.

Annual travel insurance is worth it when it costs less than what you’d pay to insure each trip individually. It’s also worth it if you think you might forget to purchase some of those individual policies throughout the year and would prefer to be done with them for another 365 days.

However, annual travel insurance isn’t worth it if you only take a few trips a year, they’re mostly domestic, and you don’t have major nonrefundable expenses. If you’re traveling within the U.S. with your standard health insurance policy in effect and you have credit cards that provide trip insurance for delays or cancellations, that coverage may be sufficient.

Costs will vary by your home state, age, and number of people included in the policy. Here are the “starting at” costs for our best annual travel insurance policies, sorted from lowest to highest:

Yes and no. Using a credit card to pay for your trip can provide some built-in protections. However, you should be mindful of annual maximums on any policy. You may run into limitations such as a maximum of 2 claims per 12-month period or similar exclusions. If you take many trips, that could be an issue.

To better understand what is and isn’t covered, check out our complete guide to credit card insurance .

To choose the right policy, look beyond the cost alone. Rather than immediately choosing the cheapest policy, find the policy or policies that provide the coverage types you want with payout maximums that cover your travel plans for the next year — both confirmed bookings and likely plans.

Consider your coverage needs. Will you be carrying expensive items such as scuba equipment for a trip to the Galapagos or top-notch camera lenses for a bird-watching tour in Papua New Guinea? How many extreme sports will you participate in?

Conversely, how many “never heard of this airline before” flights will you take to get off the beaten path? These are flights where you may be worried about cancelations that lead to extra costs or a misplaced suitcase.

Consider the types of trips you’ll take and the up-front money at risk if something goes wrong or you get delayed, then look at which plans align with your travels. From there, choose the best plan that aligns best with your needs, which may or may not be the cheapest one.

As an annual travel policy holder myself, I promise you that having the right plan is important when you wind up in a remote hospital in Tanzania with malaria.

Annual travel insurance isn’t right for everyone. However, it makes sense for those who travel often and could save money by taking out a single policy instead of many separate policies. It also makes sense if you’d prefer to avoid filling out paperwork numerous times throughout the year for each trip.

Annual travel insurance policies aren’t great for those who tend to travel closer to home, don’t have major nonrefundable travel expenses, or need to customize coverage for each trip because their travels tend to vary. For example, you might need different coverage for a backcountry ski trip with friends versus a 2-hour drive with your family.

Look at what annual policies do and don’t cover and see if these align with your travel goals and needs. Then, consider the prices for the plans that align well with your situation. After taking an informed look, you should have a good idea of whether an annual policy is right for your situation.

Frequently Asked Questions

Is yearly travel insurance worth it.

For some, yes. For others, no. Annual travel insurance is worth it when the cost is less than what you’d pay to insure each trip separately or you would prefer to just sign up once then be done for a year. However, annual travel insurance isn’t worth it if you only take a few, mostly domestic, trips a year where your healthcare coverage works, and you don’t have major nonrefundable expenses.

How much does annual trip insurance cost?

Costs vary greatly depending on the type of coverage you want. Annual travel insurance plan costs range from $140 to $500 for a single person. If you take a lot of trips, the cost can be worth it over the course of a year, but each person’s situation is different.

When should I take out annual travel insurance?

You should buy your annual travel insurance policy as soon as you know you’ll have multiple trips in the next year and that the cost of insuring each alone would be higher than the cost of a single multi-trip plan. What’s the break-even point on that cost? It depends on the coverage you want. Look at the different types of coverage and your expected costs for insuring each trip separately, then see if it makes sense for you.

Does annual travel insurance automatically renew?

It varies by policy provider, but some companies have an auto-renew feature to ensure you don’t have gaps in coverage.

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About Ryan Smith

Ryan completed his goal of visiting every country in the world in December of 2023 and now plans to let his wife choose their destinations. Over the years, he’s written about award travel for publications including AwardWallet, The Points Guy, USA Today Blueprint, CNBC Select, Tripadvisor, and Forbes Advisor.

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The Best Annual Travel Insurance Plans (2024)

Alex Carver is a writer and researcher based in Charlotte, N.C. A contributor to major news websites such as Automoblog and USA Today, she’s written content in sectors such as insurance, warranties, shipping, real estate and more.

Tori Addison is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic sectors. A journalist by trade, she started her career covering politics and news in New York’s Hudson Valley. Her work included coverage of local and state budgets, federal financial regulations and health care legislation.

Annual travel insurance can provide travelers with protection for multiple trips in one year. After researching and reviewing travel insurance companies nationwide, the MarketWatch Guides team found that Seven Corners and Trawick offer the best annual travel insurance plans. International Medical Group, Allianz and AIG Travel Guard also offer annual plans worth considering.

What Is Annual Travel Insurance?

Annual travel insurance — also known as multi-trip travel insurance — can protect multiple trips over a year. For frequent travelers planning several vacations in a year, an annual travel insurance plan can offer a more economical option than purchasing multiple single-trip policies. With annual travel insurance, you should only pay one premium for a year’s worth of coverage.

While each annual travel insurance plan varies by provider, you may find that per-trip or yearly coverage limits apply rather than item-specific limits. In addition, some coverages found with single-trip policies are not typically included in an annual travel insurance plan, such as trip cancellation insurance, baggage loss and rental car coverage. Providers may also not offer the option to add cancel for any reason (CFAR) coverage with an annual plan. Annual travel insurance usually focuses more on medical protection versus a broader range of coverages, based on our assessment.

The 5 Best Annual Travel Insurance Plans

Based on our team’s extensive research on annual, multi-trip travel insurance plans, we’ve named the following as our top picks. 

• Seven Corners : Trip Protection Annual Multi-Trip
• Trawick International : Safe Travels Annual Basic
• International Medical Group (IMG): Patriot Multi-Trip Travel Medical
• Allianz Travel Insurance: AllTrips Premier
• AIG Travel Guard: Annual Plan

Seven Corners Travel Insurance

Pros and Cons

Why we picked seven corners.

Seven Corners provides annual coverage through its Trip Protection Annual Multi-Trip plan. The plan includes COVID-19 protection, trip cancellation insurance and pre-existing condition coverage as standard, and allows for unlimited trips lasting 40 days or less throughout your policy term. You can also customize your annual trip cancellation limit, with up to $10,000 in total benefits.

Trawick International

Why We Picked Trawick

If you’re looking for basic coverage at a low cost, Trawick International offers its Safe Travels Annual Basic plan for a flat rate of $155 per person. Coverage extends up to 30 days for each trip taken more than 100 miles from home during your coverage period and can apply to both U.S.-based and international trips. While Trawick features lower coverage limits than other providers on our list, it offers 100% trip cancellation coverage at no additional cost.

International Medical Group

Why We Picked IMG

International Medical Group (IMG) provides the highest medical coverage maximum of all the providers on our list through its Patriot Multi-Trip Travel Medical plan. The policy offers protection of up to $1 million after paying a $250 deductible for medical benefits, dental, emergency medical evacuation and more. IMG also provides medical and emergency medical evacuation coverage if you have a sudden and unexpected recurrence of a pre-existing condition. Note that you can upgrade your plan to allow for 45 days of coverage per trip versus 30 days.

Allianz Global Assistance

Why We Picked Allianz

The Allianz AllTrips Premier plan provides annual travel insurance coverage for your entire household through one plan — regardless of whether you travel separately or together. The plan includes trip cancellation and interruption benefits as standard coverage, but you can customize the coverage limits at an additional cost. The AllTrips Premier plan also provides rental car coverage, which most providers in this review lack.

AIG Travel Guard

Why We Picked AIG

AIG Travel Guard (AIG) offers one annual travel protection policy, called the Annual Plan. It provides non-flight accidental death and dismemberment coverage up to $50,000, which is not typically included in other yearly policy offerings based on our review. AIG also offers up to $100,000 specifically for security evacuations. Note that there is no age limit to purchasing a policy — the only requirements include holding U.S. residency and buying the policy no later than 24 hours before departure.

Compare Annual Travel Insurance Plans

You can refer to the table below for a side-by-side comparison of our team’s picks for the best annual travel insurance policies.

* Our team gathered quotes from each provider’s website for the above-listed plans based on a 30-year-old sample traveler.

How To Choose an Annual Travel Insurance Plan

There are several steps you can take to help make the process of choosing an annual travel insurance plan easier while ensuring you pick the right plan for your needs as a traveler.

First, it is best practice to research providers before choosing an annual travel insurance plan. Not all travel insurance providers offer this type of policy, and for the ones that do, we recommend you consider industry and customer reputation when making a decision. Note the coverage limits, medical benefits and any additional add-ons each company offers. While the providers listed in this article are our top picks for annual coverage, every traveler’s needs and best-suited plan will vary.

If you have your travel itinerary for the year mapped out and know what you’re looking for in terms of coverage, consider an annual plan that aligns with your needs and concerns. For example, if you have a pre-existing medical condition , you may consider a provider that provides a pre-existing condition waiver and high medical coverage limits. If you’re more concerned about cancellation coverage, you may choose a plan that offers this type of protection, which not all companies include in their annual plans.

How Does Annual Travel Insurance Work?

Annual travel insurance works by covering a traveler during multiple trips over the course of a year. There’s usually no limit to the number of trips you can take during this time. However, companies do include limits on how long each trip can last under coverage. This limit varies by provider, but a standard threshold is a maximum of 90 days based on our review.

Some annual travel insurance benefits work on a per-trip or per-year basis. For example, a yearly plan may have a baggage loss limit that resets every trip, while it sets separate limits for trip interruption benefits for an entire year of travel. Plans are typically non-renewable, so once your coverage is up, you would have to buy a new plan to cover another year of travel.

After purchasing a plan, coverage begins on the effective date, which your provider should list within your policy documents. Coverage ends on your policy’s expiration date, which your provider should also detail within your policy. How long coverage extends per trip, and the associated coverage levels, will depend on your provider.

We recommend you read your policy carefully to ensure you fully understand the applicable limits of your annual travel insurance plan.

Benefits of Annual Travel Insurance

The benefits of an annual travel insurance plan include low costs compared to purchasing individual plans, convenience and consistent coverage across all of your trips. Learn more in the sections below.

Cost-Efficiency

Annual travel insurance plans are often more cost-efficient than several single-trip policies, according to our quote collection process. If you’re taking more than one or two trips within a year and looking for coverage on a budget, you may consider an annual travel insurance policy.

Convenience

Purchasing one travel insurance policy to cover a year’s worth of multiple trips is easier than buying several single-trip policies. You only need to worry about one set of terms, conditions, policy limits and more instead of juggling multiple plans.

Consistent Coverage

An annual travel insurance policy can ensure that coverage stays consistent throughout your travels. You can take trips of varying lengths to different destinations, but your coverage and benefits should remain the same within your term limits.

Drawbacks of Annual Travel Insurance

As with most types of insurance, there are both pros and cons to annual travel plans. These drawbacks include limited benefits and a variety of exclusions, which we’ll detail below.

Variety of Exclusions

Many providers do not include trip cancellation coverage if you purchase a basic annual policy. While some providers allow you to add these benefits to annual policies for an extra cost, coverage is not typically included as standard as with a single-trip policy.

Offers Lower Limits

Annual travel insurance limits are often lower than with a single-trip policy. If you’re looking to insure a costly trip or need a plan with high medical coverage limits, you may want to consider a single-trip plan instead.

Annual Travel Insurance vs. Single Trip Travel Insurance

You will likely notice differences and similarities when comparing annual travel insurance versus single-trip travel insurance policies. For one, both yearly and single-trip policies usually bundle travel medical, emergency medical evacuation, baggage loss, baggage delay and travel delay coverage within a standard policy . Single-trip policies, however, often include trip cancellation benefits, which many annual policies only offer as an add-on.

Both annual travel insurance and single-trip policies limit the length of trips covered. For yearly plans, limits can range from 30 to 90 days for a single trip, and you’ll need to head back to your home base in between trips. For a single-trip policy, plans often limit trip length to no longer than 180 days.

Cost Differences Between Annual and Single-Trip Travel Insurance

Annual multi-trip policies can be more cost-effective than single-trip coverage for frequent travelers, based on our review. Typically, single-trip policies may benefit travelers taking one or two trips in a year. Annual travel insurance is usually more suited for those who travel often, taking upwards of three trips or more within a year’s time.

There are times when a single-trip plan may better suit your needs compared to an annual policy. For example, if you are taking high-end, luxury trips with a high overall cost, you may benefit more from single-trip policies for each trip with high cancellation and interruption limits.

Who Needs Annual Travel Insurance?

Various types of travelers could benefit from an annual coverage plan. A multi-trip travel insurance plan is worth considering if you travel frequently for business or pleasure and do not need coverages such as trip cancellation insurance. Annual insurance may also suit travelers who like to take last-minute trips or longer vacations, as having an annual travel insurance plan in place can offer more convenience.

Annual plans are also worth considering for lower-cost trips where the primary concern is covering a potential medical emergency. As mentioned, annual plans do not usually offer trip cancellation coverage as a standard inclusion. However, they typically include medical expenses and emergency medical evacuation coverages — ideal for those looking to protect their health versus trip expenses during their travels.

If you’re taking expensive or high-value international trips throughout the year, you may prefer a single-trip policy for the trip cancellation benefits that come with each plan. Or, if you’ve booked a variety of non-refundable expenses, such as hotel or tour reservations, a single-trip plan with cancellation coverage may also better suit your needs.

What Does Annual Travel Insurance Cover?

Annual travel insurance policies offer a variety of coverages to offer financial protection if  unexpected events occur. From medical emergencies to travel inconveniences, yearly plans can provide comprehensive coverage for peace of mind.

Exclusions and Limitations of Annual Travel Policies

Annual travel insurance policies usually have the same exclusions as single-trip policies. Typically, pre-existing medical conditions are not covered. Still, some providers offer a waiver to extend coverage for medical bills or claims related to your recent medical history. Standard annual policies don’t cover adventure sports, but this coverage is often available as an add-on. Moreover, “foreseeable” events, such as natural disasters or named storms that began before you purchased your policy, are also excluded from annual travel coverage.

The coverage provided through an annual travel insurance policy also has limitations. For example, travel medical expenses and emergency medical evacuations have capped monetary limits. If the medical bills incurred during your travels cost more than the coverage you’ve purchased through your policy, you will have to cover the excess out-of-pocket. In addition, trip interruption benefits will cover a percentage of your non-refundable travel expenses, with the amount depending on your plan and provider.

According to Angela Borden, Product Marketing Specialist at Seven Corners, “One of the most common reasons for a denied claim is because a traveler misunderstood the details of their plan. If you have any questions about what’s covered, contact your provider. They’ll be able to address any concerns so that you can travel more confidently.”

We recommend you read through your annual travel policy documents thoroughly to understand the exclusions and limitations associated with your coverage. 

How To Buy Annual Travel Insurance

Purchasing an annual travel insurance policy is usually a straightforward process, as most providers allow you to get a quote and buy a policy entirely online. However, there are some specifics to pay attention to when purchasing a policy. 

Coverage Start and End Dates Vary

It is best practice to pay attention to when your coverage starts and ends with your chosen policy. Most providers specify the start date as when you begin your travels. Plans will likely end a year after your start date or when your benefits are exhausted, whichever comes first. Coverage for each trip cannot exceed the specified maximum length outlined in your policy, so take note of the stipulations around coverage start and end dates.

Understand the Claims Process

It can help to understand how to file a claim with your provider before an emergency occurs during your travels. Many companies allow you to file a claim online, but you can often speak with a claims representative during specified hours if you’d prefer to talk to someone over the phone. You’ll likely have to provide documentation for your claims, so we recommend you keep all receipts and other necessary documents during your travels.

Look for Add-On Options

Some annual travel insurance providers offer optional add-on coverages for an additional cost. You may find that you can customize your coverage limits as well. For example, Allianz and Seven Corners allow you to choose your trip cancellation coverage limits, but increasing the amount can result in an additional cost. Other companies, such as IMG, provide adventure sports riders for those looking to participate in activities such as paragliding, skydiving, windsurfing and more.

Is Annual Travel Insurance Worth It?

Annual travel insurance plans can be worth it for certain travelers . If you travel frequently for business or pleasure and prefer consistent, cost-effective insurance protection, an annual multi-trip policy may be the right choice for you over a single-trip policy. However, examining your unique coverage needs can help you better gauge whether you need a yearly policy.

“When you’ve made a financial investment in your trip or need to protect your health when you travel, travel insurance is 100% worth it. Travel insurance can reimburse you for prepaid, nonrefundable trip expenses if you need to cancel or interrupt your trip for a covered reason. This means you get money back in your pocket if the unexpected happens. Travel insurance can also reimburse you if your belongings are lost, stolen, or damaged and you need to replace them during your trip.” Angela Borden, Product Marketing Specialist at Seven Corners

We encourage you to gather multiple annual travel insurance quotes from various providers, comparing the costs and coverage limits on each policy. This can help you choose the coverage that best fits your needs.

Frequently Asked Questions About Annual Travel Insurance

What is the difference between annual multi-trip and long-stay trip insurance.

Annual multi-trip travel insurance covers multiple short-term trips — usually lasting 90 days or less — over the course of a year. Comparatively, long-stay trip insurance protects extended trips to one location and can be ideal for those working or studying abroad , taking a gap year and more.

Is an annual travel insurance plan worth it?

Annual travel insurance plans can be worth it for people who travel frequently and want affordable, consistent protection throughout the year. It may not be worth it for travelers looking for protections such as CFAR coverage or general trip cancellation benefits.

How much does annual trip insurance cost?

The average cost of annual trip insurance can range from $155 to $485 , based on quotes we gathered for multiple companies. The cost of an annual trip insurance policy will depend on factors such as your chosen plan, provider, coverage limits, add-on coverages and more. The best way to learn how much an annual multi-trip plan will cost you is to obtain free quotes from multiple providers.

Methodology: Our System for Rating Travel Insurance Companies

• A 30-year-old couple taking a $5,000 vacation to Mexico.
• A family of four taking an $8,000 vacation to Mexico.
• A 65-year-old couple taking a $7,000 vacation to the United Kingdom.
• A 30-year-old couple taking a $7,000 trip to the United Kingdom.
• A 19-year-old taking a $2,000 trip to France.
• A 27-year-old couple taking a $1,200 trip to Greece.
• A 51-year-old couple taking a $2,000 trip to Spain.
• Plan availability (10%): We look for insurers with a variety of travel insurance plans and the ability to customize a policy with coverage upgrades.
• Coverage details (29%): We review the baseline coverage each company offers in its cheapest comprehensive plan. A provider with robust coverage earns full points, including baggage delay and loss, COVID-19 coverage, emergency evacuation and medical coverage, trip delay and cancellation coverage, and more. Companies also receive points for offering a variety of policy add-ons like accidental death and dismemberment, extreme sports, valuable items, cancel for any reason coverage and more.
• Coverage times and amounts (34%): We compare each company’s waiting periods and maximum reimbursement amounts for baggage, travel and weather delays. Companies that offer customers reimbursement after fewer than 12 hours of delays earn full points in this category. We also reward travel insurance providers that cover more than 100% of trip costs in the event of cancellations or interruptions.
• Company service and reviews (17%): We look for indicators that a company is well-prepared to respond to customer needs. Companies with an established global resource network, 24/7 emergency hotline, mobile app, multiple ways to file a claim and concierge services score higher in this category. We assess reputation by evaluating consumer reviews, third-party financial strength and customer experience ratings, specifically from AM Best and the Better Business Bureau (BBB).

For more information, read our full travel insurance methodology.

A.M. Best Disclaimer

If you have questions about this page, please reach out to our editors at [email protected] .

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• Personal Finance

Best Travel Insurance Companies for May 2024

According to our research, Travelex is the best travel insurance company because its comprehensive coverage comes at a relatively low cost. We chose the best travel insurers in our list based on an analysis of 31 travel insurance companies across several areas that are most important to travelers, including options available for your coverage, claim and policy limits, what the policy does and doesn't cover, and typical policy costs. We took time to research insurance coverage limits and what the policies covered and rank companies accordingly.

Travel insurance is an important product to consider when booking a trip, especially if it's a pricy one or you believe there's a chance it could be canceled. If you're like the 40% of people who told Nationwide Travel Insurance they plan to travel more in 2024 than in 2023, then travel insurance could be key to making those plans a reality.

Our list of top travel insurance companies can help you choose the right provider, but you should also do your research to make sure the policy covers your particular trip. And if general travel insurance isn't enough, you may be able to add cancel for any reason (CFAR) travel insurance to your policy to ensure an unexpected situation comes up, like a last-minute work or family obligation, or safety concern.

• Best Overall: Travelex
• Runner-Up, Best Overall: Allianz Travel Insurance
• Best Value: InsureMyTrip
• Most Comprehensive Coverage: World Nomads
• Best for Older Adults: HTH Travel Insurance
• Best for Cruises: Nationwide
• Best for Medical Coverage: GeoBlue
• Our Top Picks

Allianz Travel Insurance

InsureMyTrip

World Nomads

HTH Travel Insurance

• See More (4)

The Bottom Line

• Compare Providers
• What Is Travel Insurance?

Is Travel Insurance Necessary?

How to get travel insurance, what does travel insurance cover.

• How Much Does Travel Insurance Cost?
• What Happens When You Cancel a Trip?

Best Overall : Travelex

• Number of Policy Types: 3
• Coverage Limit: Up to 100% up to $50,000 for cancellations
• Starting Price: $24

Travelex is the best overall travel insurance company because it offers coverage (up to 150% for interruptions) for you or your family members at a competitive price—and kids are included at no extra charge. A relatively low price for the high levels of coverage made it our top choice. Look for the Travel Select plan for the best coverage.

Competitive pricing for comprehensive coverage

Multiple plan options with customizable features

Children younger than 21 covered at no extra cost

Mixed pre-existing medical condition coverage depending on the policy purchase date

No annual plan available

Basic coverage plan features minimal coverage

Travelex Insurance Services is a well-known travel insurance provider based in Omaha, Nebraska. Founded in 1996, Travelex offers several insurance packages depending on the coverage you need for your trip. Policies are underwritten by Berkshire Hathaway Specialty Insurance, which earns an A++ rating from AM Best and AA+ from Standard & Poor’s.  Coverage is available to customers worldwide.

The Travel Select plan starts at about $36 and includes trip cancellation insurance, trip interruption, and emergency medical and evacuation, but there also are several ways to customize and upgrade coverage.

Travel is covered up to 100% up to $50,000 for cancellations. You can receive up to 150% of the trip cost, up to $75,000, for trip interruptions. Emergency medical limits are $50,000, and emergency evacuation coverage is good for up to $500,000.

In addition, Travel Select has a 15-day pre-existing medical condition exclusion waiver. If you purchase your policy within 15 days of paying for your trip and insure the full cost of the trip, your pre-existing injury or illness is likely covered.

Runner-Up , Best Overall : Allianz Travel Insurance

• Number of Policy Types: 10
• Coverage Limit: Up to $10,000 per insured, per year for trip cancellation
• Starting Price: $138

Allianz is the runner-up best overall travel insurance company because it offers coverage for frequent travelers with a low cost per trip. Get the best coverage from the AllTrips Executive Plan. Individual trip coverage is also available.

Annual- or single-trip plans are available

Many policy types fit varying needs

Cover yourself and your household all year even if you’re not traveling together

Does not cover extended travel periods

Some annual plans have per-trip limits while others have annual limits

Limit for emergency medical transportation coverage is only $250,000

Allianz Travel is a subsidiary of Allianz, which traces its history back to 1890 in Germany. Travel policies are underwritten by insurers with AM Best ratings of A to A+ and are available only to legal U.S. residents.

Travelers who want to hit the road many times per year should consider annual travel insurance rather than individual per-trip policies. Allianz Travel offers four different annual plans with varying benefit levels. We particularly like its AllTrips Executive Plan, which has the highest limits and coverage.

The AllTrips Executive Plan provides tiered limits starting at $5,000 for trip cancellation insurance or interruption coverage. It also offers $50,000 for emergency medical and $250,000 for emergency transportation per insured per trip. There is a lengthy list of exclusions, including extreme sports, so make sure to read the fine print before jumping into adventure activities.

Quotes for a single traveler, a couple, and a family of four had a price point of $500 per traveler per year. If you pay for comprehensive coverage at $120 per person per trip and are going to travel at least five times per year, you will break even with this plan. If you’re looking for lower costs, the AllTrips Basic, Premier, and Prime options are also available from Allianz.

Best Value : InsureMyTrip

• Number of Policy Types: Multiple options from over 20 providers
• Coverage Limit: Varies
• Starting Price: $25 to $100

InsureMyTrip is the best valued travel insurance company because it allows you to compare policies from more than 20 different travel insurance providers with one form so you know you’re getting a good deal for the coverage you need. You can find low-cost trip coverage or customize a plan to meet your needs so you don’t overpay for coverage you won’t use.

Search for quotes from multiple reputable insurers

Shop around with one application for multiple trip types

View multiple plans from eligible insurers for your planned trip

Many popular insurers are not included in listings

Initial listing pages don’t show policy limits

Includes some policies with low coverage limits

Founded in 2000, InsureMyTrip is a travel insurance comparison website that searches from more than 20 insurers using one intake form. It offers an easy-to-use sign-up tool to quickly compare multiple policies based on your specific needs. Filters are available to pick policies that cover adventure sports, higher limits, increased medical coverage, and more.

A quote for a family of four taking a 14-day trip that costs $4,000 and includes plane and hotel expenses resulted in three suggested plans with costs of around $100 to around $400 for varying levels of travel protection. Basic features included luggage coverage, travel delay, and medical care. Note that rates will differ based on where customers are originating from and where they are vacationing, as well as other variables.

The insurers you'll find while using InsureMyTrip have earned a variety of industry ratings and are generally considered reputable and financially stable. Still, as with policies bought directly from insurers, it’s a good idea to read the policy details before clicking the buy button. Each underlying insurer has different claims processes, exclusions, and limits. InsureMyTrip makes it easier, however, to be an informed travel insurance buyer.

Most Comprehensive Coverage : World Nomads

• Number of Policy Types: 2
• Coverage Limit: Up to $10,000 for trip cancellation
• Starting Price: $100 to $200

World Nomads is the best comprehensive coverage travel insurance company because adventure travelers and digital nomads will get coverage of up to $100,000 for accidents for some of the most extreme adventures.

Extensive coverage with high limits for medical and emergency evacuation

Protects your bags, computers, and sports equipment when traveling

Explorer plan covers adventure sports

Only single-trip plans are available

Most pre-existing medical conditions are not covered

Not all policies cover adventure sports

World Nomads is a good insurer for those looking for adventure. The Australia-based provider was founded in 2000 and is a solid choice for worldwide travel with few excluded activities. Policies are underwritten by various insurers including the financially strong and well-known Nationwide Mutual Insurance Company, Generali Global, AIG, and Lloyd’s.

Coverage includes terrorist attacks, assault, medical repatriation, equipment and baggage, and overseas medical and dental. The high-end Explorer Plan covers activities including snow sports, water sports, aviation, motorsports, athletics, and high-adventure experiences. It names more than 200 activities, many of which other insurers specifically exclude.

For the Explorer Plan, a solo 35-year-old would pay around $200, depending on inputs like state of origin, for a month in Thailand, which is reasonable for such extensive coverage. The Standard Plan costs around $100 for the same trip, but it makes sense to choose higher coverage levels if you’re worried about something going wrong.

This U.S.-based policy is underwritten by Nationwide (rated A by AM Best) with a $100,000 limit for emergency accidents and illnesses, $500,000 for emergency evacuation, $10,000 for trip cancellation insurance (or interruption), and much more.

Though it doesn’t have the same insurance reputation as some other providers, it works with reputable companies to underwrite policies.

Best for Older Adults : HTH Travel Insurance

• Number of Policy Types: 5
• Coverage Limit: Up to $50,000 for trip cancellation
• Starting Price: Varies

HTH Travel Insurance is the best travel insurance company for older adults because its medical coverage is excellent and you get flexible options while on a budget.

High levels of medical coverage for adults up to 95 years old

Up to a $1,500 allowance for someone to visit you in the hospital

May be expensive depending on your needs

Best plan for older adults requires existing health insurance

Lowest policy has a $50,000 maximum benefit per person

Headquartered in Pennsylvania, HTH Worldwide was founded in 1997, and HTH Travel Insurance offers plans with high levels of medical coverage. That’s a big concern for older adults leaving the country , as they could end up in a doctor’s office or hospital with an expensive bill to follow. HTH Travel Insurance offers up to $1 million in total coverage for medical.

Policies for travelers with existing primary insurance enjoy 100% coverage for typical hospital charges, including surgery, tests, office visits, inpatient hospital stays, and prescription drugs outside of the U.S., among other coverage.

Medical evacuation is available up to $500,000, but trip interruption and baggage coverage are pretty light. Most people will choose this plan for medical rather than travel benefits. This policy is available to applicants who are 95 years old or younger.

Travel insurance is also available for people without existing health coverage. Most older adults in the U.S. are covered by some existing coverage, such as Medicare, but Medicare doesn’t work outside of the United States, leaving people uninsured when abroad. HTH Travel Insurance provides policies for those without existing medical coverage. The age limit is 95, but there is a 180-day pre-existing medical condition exclusion.

Best for Cruises : Nationwide

• Number of Policy Types: 8
• Coverage Limit: Up to $30,000 for trip cancellation
• Starting Price: $100

Nationwide is the best travel insurance for cruises because it offers multiple options to protect your cruise vacation with tailored coverage for common cruise trip issues. Make sure to review the benefit levels so you pick the right coverage for your needs.

Large insurer with a strong reputation

Three different cruise insurance plans to choose from

Coverage for common cruise issues like missed connections and itinerary changes

Some plans have low coverage levels for some incidents

Benefit limits are low for trip interruption for any reason

Pre-existing medical conditions may not be covered

Nationwide has been around since 1925. The Columbus, Ohio-based insurance company offers the most popular types of insurance including auto, home, and life. It also offers a few types of travel insurance coverage for individual trips, multi-trips, and cruises.

For single trip protection, Nationwide offers trip cancellation insurance of up to $10,000 with its Essentials plan and $30,000 with its Prime plan. Travelers may also get an annual travel insurance package for just $59 a year to cover delays, medical expenses, medical evacuation, lost luggage, and travel assistance.

Its custom-tailored plans for cruises, however, are what landed it in this category. The Universal Cruise plan, Choice Cruise plan, and Luxury Cruise plan make it easy to pick the right coverage for your individual needs. The cost for a couple on a 10-day cruise to Mexico, for example, was quoted at around $200 for both the Universal and Choice plans.

Cruise insurance from Nationwide covers what you worry about most with a cruise. Things like broken-down ships and itinerary changes can lead to missed excursions and flights or other costs. For the Universal Cruise plan, emergency medical expenses are covered up to $75,000 with medical evacuation benefits up to $250,000.

Additionally, all plans include coverage for the weather, an extension of school sessions, work emergencies, and terrorism. The luxury plan also covers the Centers for Disease Control and Prevention warnings in effect at your destination.

Travelers in 2024 have concerns over trip cancelations due to unprecedented events. Nationwide's survey showed that 51% are still worried about a resurgence of COVID-19, while 54% worry about weather-related delays or cancellations. Other worries include technology issues (38%), unruly fellow travelers (37%), and employee strikes (25%). Travel insurance can help alleviate some stress about a trip being canceled.

Best for Medical Coverage : GeoBlue

GeoBlue is the best travel insurance company for medical coverage because it offers multiple options to buy travel medical insurance coverage for a lower price than a full travel insurance package. It offers medical coverage on its own if you don’t want or need additional travel coverage.

Up to $1 million in medical coverage

Gives a la carte medical coverage when other trip costs are already covered

Different policies allow you to cover various needs and pre-existing medical conditions

Primarily covers medical costs

Additional primary medical coverage required

GeoBlue, headquartered in Pennsylvania, is part of Worldwide Insurance Services, and policies come with a license from Blue Cross Blue Shield Association. Policies are issued by 4 Ever Life International Limited, a company with a history of more than 60 years and an A rating (Excellent) from AM Best.

If you just need coverage for medical needs, GeoBlue is a good choice. This insurer offers only travel medical coverage. Paying for medical coverage means you aren't paying for the rest of your travel insurance, which you already may have covered. If you already have a credit card with travel insurance included, your card's terms likely protect things like lost luggage and missed flights, for example. Instead, you get covered just for medical, and the costs for that are as low as a few dollars per day.

Because you’re mostly getting travel medical coverage, you will pay a lot less than most other insurers on this list. Just make sure you completely understand what it does and doesn't cover. You will receive only minimal luggage protection and travel interruption coverage with GeoBlue's plans.

GeoBlue has two general plans for single trips, multiple trips, and long-term travel. Additionally, there are five specialty policies for niche travel medical insurance needs, like study abroad. It doesn’t cover everything related to your trip, but it makes medical coverage much more affordable.

Travelex is the best travel insurance company because it offers competitive pricing for comprehensive travel insurance. Policies from Travelex cover everything from canceled or interrupted trips to medical emergencies and evacuations. It also features a 15-day pre-existing medical conditions waiver, which means that as long as you book your trip several weeks in advance, you and your family members will likely still be covered.

There are many options to choose from when it comes to travel insurance. It can provide you with peace of mind and save you thousands of dollars if your travel plans are canceled or interrupted at the last minute. With world events like pandemics, natural disasters, and wars that could easily throw an unexpected wrench in your travel plans, travel insurance helps you to stay prepared. Overall, our top choice for travel insurance is Travelex.

Why You Can Trust Our Expert Recommendations for the Best Travel Insurance

Investopedia collected several key data points from over 30 travel insurance companies to identify the most important factors for readers choosing a travel insurance company for their trips. We used this data to review each company for cost, coverage limits, exclusions, customer service, and other features to provide unbiased, comprehensive reviews to ensure our readers make the right decision for their needs. Investopedia launched in 1999, and has been helping readers find the best travel insurance companies since 2020.

Compare the Best Travel Insurance Companies

Travel insurance covers common problems when traveling. From trip interruptions to full cancellations, it can help protect the money you put down for your travel experience.

Common coverage includes more than just an unexpected trip stoppage. It can also cover lost or damaged luggage and changes to your itinerary for covered reasons, among other benefits.

Medical coverage is an important factor to consider because your current health insurance may not work away from home. The best travel insurance includes coverage for medical treatment, dental emergencies, and medical transportation. If you have any pre-existing medical conditions or are at risk, it’s important to make sure your policy covers these, too.

If you're traveling locally, such as within your state or within your country, you likely do not need travel insurance. You may be covered with some sort of trip insurance through the credit card you paid for your trip with, and you may have adequate health insurance that can cover you if you need medical attention away from home.

Some credit cards  may provide the following coverages: 

• Trip cancellation insurance
• Trip delay reimbursement
• Emergency evacuation and transportation
• Accidental death and dismemberment
• Lost or delayed luggage reimbursement
• Auto damage waivers
• Roadside emergency assistance

And if you book a refundable trip, travel insurance may not be necessary.

However, if your trip is expensive or it's in another country, travel insurance will come in handy if something unexpected were to happen. You may also need travel insurance if you're traveling to a particular country such as Antarctica, Egypt, Chile, Turkey, and more.

Travel insurance can give you peace of mind that you'll get some of your money back or that you're insured in case you need medical attention or other type of help while away from home.

Tips for Picking the Best Travel Insurance for You

When picking the best travel insurance policy, there are a few things you should consider. Here are some tips and factors to think about:

• Look for low pricing and good coverage : Pricing is one of the most significant factors when comparing travel insurance policies. Look for a provider that offers low rates and doesn’t skimp on coverage.
• Don't settle for the first policy type : Depending on where you’re traveling and how long you’re staying there, different types of travel insurance policies may work best for your situation. For instance, you may need a different policy for a weeklong trip than you would if you plan to travel abroad for several months.
• Match your coverage limits to your travel costs : Travel insurance plans have coverage limits for trip cancellation, interruption, and medical expenses. Look for a plan whose coverage limit matches the amount you’ve spent on your travel plans.
• Don't forget to look at the exclusions : Some travel insurance plans come with exclusions. If you’re worried about a particular event or accident, make sure it’s covered before you pay for a plan.
• Look for high customer satisfaction ratings : Customer satisfaction is also an important factor when purchasing a travel insurance plan. Look for a provider with high customer satisfaction ratings and a history of good customer service.

"As someone who is always purchasing travel insurance, and has been for years, the thing that matters to me the most is mainly coverage and customer service. I want to know what my policy will cover, especially if I am taking a trip that involves a lot of activities, as well as how easy it will be to contact the company should I need to do so.I have found in the past that the price is always very reasonable and you can shop around, so it has never been the biggest concern for me." -Alice Morgan, Senior Digital Art Director, Dotdash Meredith

• Select a travel insurance company.
• Apply for the travel insurance plan of choice on the company's website or over the phone.
• Provide basic info about who is traveling and travel plans, like name, age, location of trip, and travel expenses and costs like hotels or airfare.
• Wait to be approved.
• Create an online account for easy access while you travel. Some companies may have an app, too.
• Enjoy your trip, and file a claim online or over the phone if needed.

When you’ve selected a travel insurance plan that meets your needs, the next step is to apply for travel insurance. You’ll need to provide the insurance company with some basic information about yourself and your travel plans, including your age, where you live, the date and location of your trip, and your total travel expenses, including things like flights and hotel stays.

Many insurance companies let you apply for a policy entirely online. When your application has been approved, you can typically manage your account online and add details about your trip. If you do need to file a claim, you can typically complete the process online.

Travel insurance may include many different benefits. Here’s a look at some common situations covered by many travel insurance plans:

• Trip cancellation
• Trip interruption
• Missed connection
• Baggage and possession loss, damage, and theft
• Delayed luggage
• Emergency medical treatment
• Emergency medical evacuation
• Accidental death and dismemberment (AD&D)

Emergency medical treatment may include things like ambulance services, x-rays, doctor bills, dental work, lab work, and more. It'll depend on the travel insurance company, so be sure to ask before paying for the insurance and/or additional benefits.

There are additional specialty coverages as well, such as customized policies for cruises. It’s a good idea to shop around and compare before making a final decision.

What Does Travel Insurance Not Cover?

Just as homeowners insurance often excludes damage from things like earthquakes and floods, travel insurance has common exclusions you need to know about. Here are some types of coverage you may not get with travel insurance:

• Weather-related cancellations and delays
• Trip cancellations or changes due to acts of terrorism
• Trip cancellations or changes due to a pandemic
• Injuries from extreme sports and high-adventure activities

Though most policies have limits and exclusions around these circumstances, not all do. Some insurers on this list have special coverage for these exact causes or include them in standard plan terms. Again, this is why it’s so important to read your policy documents before paying for and locking in your policy.

Best Cancel-for-Any-Reason Travel Insurance

The best cancel-for-any-reason (CFAR) travel insurance company is USI Affinity because it offers seven different insurance plans at the lowest premiums of all CFAR insurance companies we researched.

Travel insurance costs vary widely by coverage and insurer. You can expect to pay anywhere from a few dollars a day to more than $10 a day for short-term and single-trip coverage. The cost of your trip is another major factor in the insurance rate.

That means insurance for a single trip could cost anywhere from around $20 to hundreds of dollars. Annual policies cost around $500 per year for high levels of coverage.

There are many inexpensive travel insurance plans available, but most travelers are best protected with comprehensive coverage. It costs a bit more, but if you need to file a claim, you’ll be glad you have it.

Is Travel Insurance Worth the Cost?

If you pay a lot for a trip or vacation, then travel insurance should be worth the cost because you don't want to lose out on that investment. It won't always be necessary, but if travel insurance costs just a fraction of what you paid for the trip, then you'll be happy you had it if you have to cancel a trip worth hundreds or thousands of dollars. For example, if you book a European vacation worth $4,000 and your travel insurance costs just $400, it might be worth it so that if anything happens and you need to cancel, you still get $3,600 back in your pocket.

How Does Travel Insurance Work When You Cancel Your Trip?

When canceling your trip, you'll want to contact the travel insurance company right away. The policy and travel insurance company you selected will cover certain parts of your trip. It's important to review this policy and details to understand exactly what you need to do to get your money back for your trip.

Don't cancel your trip until you read your policy and know what is required for your claim.

For example, if you are ill and a doctor tells you not to travel, you may need to get a written note from the doctor and submit it with your trip cancellation claim.

Before you submit a claim and cancel your trip, consider if you can delay it and reschedule it instead. If you can't, then make sure you have all the required documents (receipts, proof of hotel booking, airline ticket confirmation, etc.). Once you submit your claim, it could take days (Allianz says up to 10 business days, sometimes) for you to receive notice that the claim was processed.

Frequently Asked Questions

In which countries is travel insurance required.

Travel insurance is not mandatory or required by all countries, but some do. For example, Cuba requires people traveling from the U.S. to Cuba to have non-U.S. medical insurance, which may be covered through travel insurance or an airline. Other countries that may require or strongly encourage travel insurance include Antarctica, Egypt, Chile, Turkey, and more. Check a country's specific travel requirements before booking your trip to understand if travel insurance is required.

Is Travel Insurance Worth It?

Travel insurance might not be worth the cost for lower-cost trips and low-risk vacations. However, expensive international trips or large family vacations can make additional travel insurance a reasonable investment.

If you spend thousands of dollars on a trip, it is probably worth spending a couple of hundred more to make sure you get your money back if the trip doesn’t go as planned. If something goes wrong, which can lead to expenses valued at tens of thousands of dollars, it’s good to have a financial backstop so you don’t have to pay for everything out of pocket.

That said, you should check to see what coverage is already available to you through other venues. For instance, many credit cards cover the cost of lost or delayed luggage if you purchase your airfare using that card. Your primary health insurance may cover your medical insurance needs, especially for domestic travel.

Do I Need Travel Insurance for a Cruise?

Just as with any kind of trip, whether you need cruise insurance largely depends on the cost of the trip, and where you're going. If you're paying more than $1,000 for a cruise, travel insurance is probably worth it. For instance, you may want international medical insurance if you're traveling to other countries because some health insurance policies do not cover international travel—Medicare and Medicaid in particular.

Just be aware that if you buy cruise insurance (as opposed to a general travel insurance policy), it may not cover travel before and after the cruise, such as your flight to the port and any hotel expenses you may have pre- or post-trip.

Does State Farm Offer Travel Insurance?

State Farm does not offer travel insurance. State Farm offers car insurance, motorcycle insurance, boat insurance, motorhome insurance, off-road vehicle insurance, homeowners insurance, renters insurance, condo insurance, life insurance, liability insurance, small business insurance, and more.

Can You Buy Travel Insurance After Booking a Flight?

Yes, you can book travel insurance after booking a flight. This may be a great time to book travel insurance because you'll know what coverage you need in case something happens and your trip is canceled. Signing up for travel insurance as soon as possible will always be your best bet.

Which Travel Insurance Is Best?

The best travel insurance company is Travelex because it offers comprehensive coverage at a relatively low price. Travelex has multiple plan options and family members younger than 21 are covered at no extra cost. Another perk is Travelex's Travel Select plan which has a 15-day pre-existing medical condition exclusion waiver. If you purchase your policy within 15 days of paying for your trip and insure the full cost of your trip, your pre-existing injury or illness is likely covered.

Does Travel Insurance Cover Canceled Flights?

Most travel insurance covers canceled flights, as well as delayed flights. If your flight is delayed by a certain number of hours, your travel insurance may reimburse you for the additional money you spent as a result of that delay or cancelation.

What Is the Best Rate for Travel Insurance?

The best rate for travel insurance will be whatever it costs for comprehensive coverage for your trip. While you can get travel insurance that costs just $10 per day, it may not come with the coverage you need for your trip—especially if it's an expensive trip or if you're worried it could be canceled or interrupted.

How We Found the Best Travel Insurance Companies

To come up with this list of the top travel insurance providers, we looked at more than 30 different travel insurance companies and plans. Major areas of focus included coverage options, claim and policy limits, what’s covered, and typical insurance policy costs.

The biggest focus was on insurance coverage limits and what each policy covers. Cost is important, but a difference of $20 for much better coverage is often negligible. The most important features examined in this review are the ones that make your policy valuable and easy to use if you ever need it.

Your Guide to Travel Insurance

• Do I Need Travel Insurance?
• How to Get the Cheapest Travel Insurance
• Best Travel Insurance Options for Older Adults
• Best Cancel for Any Reason (CFAR) Travel Insurance
• How Much Is Cancel for Any Reason Travel Insurance?
• How to Buy Cancel for Any Reason Travel Insurance

Nationwide. " Survey: U.S. Consumer Travel to Surge in 2024 ."

Travelex. " About Travelex ."

S&P Global Market Intelligence. " Insurance Ratings Actions: S&P Acts on Berkshire Hathaway’s Insurance Segment ."

AM Best. " AM Best Affirms Credit Ratings of Berkshire Hathaway Life Ins Co of Nebraska and First Berkshire Hathaway Life Ins Co ."

Travelex. " Travel Select ."

Allianz. " History of Allianz ."

AM Best " AM Best Upgrades Credit Ratings of BCS Financial Group Members ."

AM Best. " AM Best Affirms Credit Ratings of Allianz SE and Rated Subsidiaries ."

Allianz Travel. " AllTrips Executive ."

InsureMyTrip. " About ."

World Nomads. " About World Nomads ."

World Nomads. " What's Covered for Americans? "

World Nomads. " Summary of Plan Benefits: Explorer Plan ."

AM Best. " AM Best Downgrades Credit Ratings of Nationwide Mutual Insurance Company and Its Property/Casualty Subsidiaries; Affirms Credit Ratings of Life Affiliates ."

HTH Travel Insurance. " About Us ."

U.S. Centers for Medicare and Medicaid Services. " Travel Outside the U.S. "

HTH Travel Insurance. " Options for Travelers Without a Primary Plan ."

Nationwide. " About Nationwide ."

Nationwide. " Nationwide Single-Trip Insurance ."

Nationwide. " Nationwide Annual Travel Insurance ."

Nationwide. " Cruise Travel Insurance ."

4 Ever Life. " About Us ."

AM Best. " AM Best Upgrades Credit Ratings of BCS Financial Group Members ."

GeoBlue. " Travel Medical Insurance Plans ."

InsureMyTrip. " Which Countries Require Travel Insurance? "

Squaremouth Travel Insurance. " Emergency Medical ."

Allianz. " Trip Cancellation Checklist ."

U.S. Embassy in Cuba. " Medical Assistance ."

State Farm. " Types of Insurance Coverage ."

Travelers. " When to Get Travel Insurance ."

Travelex. " Trip Delay Coverage ."

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Best Annual Travel Insurance 2024 [Multi-Trip Insurance]

Home | Travel | Best Annual Travel Insurance 2024 [Multi-Trip Insurance]

When traveling abroad, get a policy from one of the  best travel insurance companies . Y ou can get a  5% discount   on Heymondo , the only insurance that pays medical bills upfront for you, HERE!

Annual travel insurance is the most convenient option for frequent travelers who want to travel stress-free and save some money at the same time. However, it is not the same as long-term travel insurance , which provides coverage for every day of a long-term trip that can last a year or longer.

Yearly travel insurance covers the multiple, shorter-term trips you take within 365 days so that you don’t have to waste time and money buying travel insurance for each individual trip. It’s not necessarily useful for every traveler, since you won’t need it if you only take a trip or two per year.

In my case, however, there is no doubt that I need annual holiday insurance since I have to travel to South America for work at least once a month, so I can save a ton by buying annual multi-trip travel insurance .

As you can see, I’m a frequent traveler, so eight months ago, I decided to buy multi-trip annual travel insurance and stop spending money on insurance for each individual trip.

If like me, you know that annual travel insurance is the right choice for you, then you shouldn’t settle for any less than the best annual travel insurance 2024 , Heymondo . Not only is Heymondo the best COVID-19 travel insurance , but it is also the only travel insurance annual company that pays travelers’ medical expenses upfront for them instead of making them file a claim.

5% OFF your travel insurance

Keep reading to find out more about what annual travel insurance is, how much travel annual insurance costs, and what different annual holiday insurance plans cover.

• What is annual travel insurance?
• Annual travel insurance price & comparison

Best annual travel insurance plans

• Annual travel insurance coverage

What is annual multi-trip travel insurance and how does it work?

Annual travel insurance is a type of travel insurance that covers each and every one of the trips you take within one year. During that year, you can take as many trips as you like, but there is a maximum number of days you will be covered per trip (30, 45, 60, or 90 days, depending on the annual travel insurance you choose).

The 365 days that your annual travel insurance policy covers will start from the start date of your first trip, so you can easily buy yearly travel insurance as soon as you start planning a trip.

When you leave your home country for your next destination, the day counter is reset, and your covered days start to run out. That doesn’t mean you can’t take a trip that is longer than what is stated in your policy, just that you will only be covered for the number of days specified in your policy.

For example, my Heymondo annual multi-trip insurance covers trips of up to 60 days, but if I travel for 68 days, the last eight won’t be covered by the policy. I would have to come back home and leave again for the maximum days counter to reset to zero.

To make sure you’re covered for all of your trips, every time you use your annual travel insurance coverage, you need to show a supporting document, such as a plane ticket, that proves the start date of your last trip.

However, keep in mind that you don’t have to notify your insurance provider every time you take a trip. You only have to show the proof of departure date when you need assistance from your annual travel insurance company.

Annual travel insurance vs. single trip

So what’s the difference between annual travel insurance vs. single trip insurance ? Annual multi-trip insurance is for people who travel frequently and know they will be traveling multiple times throughout the year. For instance, if you travel nationally or internationally once every two months or more, you should definitely consider multi-trip annual travel insurance .

On the other hand, single trip insurance is travel insurance for one trip at a time. If you know you won’t be traveling much or you only take one trip in a year, you need single trip insurance.

You may also be wondering, why is annual travel insurance cheaper than single trip ? Annual holiday insurance is more affordable for frequent travelers because it is cheaper to buy a 12-month travel insurance policy than it is to buy individual policies for each trip.

Who is multi-trip annual travel insurance for?

The following types of travelers often discover great benefits from purchasing annual travel insurance :

• Travel addicts who travel every chance they get.
• Couples in long-distance relationships who travel often to see each other.
• Sales team members that visit clients from time to time or attend fairs and shows in different countries.
• Athletes participating in international events.
• Members of associations that attend events periodically throughout the year.
• Photographers, international journalists, travel bloggers, and the like.
• International students, ex-pats, or international workers who return home at least every two months.

If you’re an ex-pat or international worker, or are looking for international student insurance , annual travel insurance can save you a lot of money. However, you should keep in mind that you will have to return home from time to time to extend your coverage. It may be more beneficial for you to buy long-term travel insurance instead.

In other words, don’t plan to use yearly travel insurance to take a gap year and travel the world or work abroad and not go home for a long time.

Cost of annual travel insurance

Your yearly travel insurance cost will depend on several factors, including your age, your nationality, the state you live in (if you live in the US), and the number of people who are covered by your annual travel insurance plan .

If you’re looking for cheap multi-trip insurance , just know that the younger you are and the fewer the people covered by your travel insurance annual plan , the more affordable your 1-year travel insurance worldwide will be .

Annual travel insurance comparison

To generate an annual multi-trip travel insurance comparison , I have used the example of a 30-year-old American citizen from Pennsylvania who is buying an annual travel insurance policy .

Now that you’ve seen an annual travel insurance comparison , I’m sure you’ll understand why I decided to buy Heymondo ’s annual multi-trip insurance : it has some of the highest coverage and maximum number of days per trip, and its price is lower than all the other annual multi-trip insurance plans .

Of course, all of these travel insurance annual plans are some of the best, so below I’ll get into the highlights of each of the best annual travel insurance plans .

1. Heymondo , the best annual travel insurance 2024

In search of the best annual travel insurance 2024 ? Look no further than Heymondo . Their Annual Multi-trip plan is the most affordable travel insurance annual plan but still offers some of the highest coverage and highest annual travel insurance maximum trip length .

The Annual Multitrip plan is available for travelers up to age 69, and travelers can take trips of up to 60 days. Heymondo provides the highest amount of coverage for trip cancellation and baggage loss, and their coverage in all other categories, including COVID-19, is excellent and comprehensive. You can even add Adventure Sports or Electronics coverage if you need it.

Best of all, you will never have to go through the tedious process of filing a claim to get reimbursed for medical expenses. Heymondo pays your medical expenses directly and upfront for you so that you don’t have to wait to get reimbursed.

Speaking of medical expenses, Heymondo’s only drawback is that there is a $100 deductible per claim for medical expenses and baggage loss. That means you will have to pay $100 per medical or baggage claim before Heymondo will start to pay for you.

I think that all of Heymondo’s amazing pros outweigh the cons, that is why this is the policy we have purchased for ourselves. Also, you can save 5% on Heymondo annual travel insurance with the annual travel insurance promo code link below.

2. Allianz , the best multi-trip annual travel insurance for seniors

Allianz is easily one of the best annual travel insurance for seniors since it covers travelers up to the age of 99. Travelers can travel for up to 45 days and still receive yearly travel insurance coverage .

Allianz’s AllTrips Prime plan provides great trip cancellation, trip interruption, and baggage loss coverage. Even better, there is no deductible for medical expenses, so if you get sick or injured, Allianz will cover everything for you.

With that being said, the AllTrips Prime plan offers the lowest amount of emergency medical expense and evacuation and repatriation coverage. It is also the most expensive annual travel insurance plan of the plans I compared. If you want to save money and get similar or better coverage for a lower price, Heymondo is a better option for you.

3. IMG , a cheap annual travel insurance

IMG offers one of the most affordably priced annual travel insurance plans , combined with excellent medical-related coverage. Its Patriot Multi-Trip International plan offers the highest amount of coverage for emergency medical expenses, trip interruption, and evacuation and repatriation.

The Patriot Multi-Trip International plan is intended for travelers under the age of 76 and is highly customizable since you can add Adventure Sports Rider or Evacuation Plus Rider coverage to your plan.

You can also choose between setting 30 days or 45 days as the maximum length for your trips, although choosing 45 days will add about $50 to your annual travel insurance price .

However, since IMG’s travel insurance annual plan offers low baggage coverage and no trip cancellation coverage, it is best for travelers who just want annual multi-trip travel medical insurance . It also has a very high deductible of $250 per covered illness, so that means every time you fall ill, you will have to pay $250 before IMG starts to cover your medical expenses.

If you want a lower deductible, similar coverage for a lower price, and direct medical expense payments, choose Heymondo ’s annual travel insurance plan instead.

4. AIG , the best annual holiday insurance for long trips

If you’re looking to go on longer trips, AIG ’s Travel Guard Annual Travel Plan is perfect for you, since your annual holiday insurance cover will extend to trips of up to 90 days. AIG’s annual travel insurance is also perfect for seniors because there is no age limit for travelers to be able to purchase a plan.

The Travel Guard Annual Travel plan offers solid baggage loss and evacuation and repatriation coverage. There is also no deductible for emergency medical expenses, so you won’t have to pay anything out of pocket to get covered.

Still, a big limitation of AIG’s annual travel insurance plan is the travel-related coverage. The Travel Guard plan offers no trip cancellation coverage and the lowest trip interruption coverage out of all the travel insurance annual plans I compared. Considering how expensive AIG’s yearly travel insurance plan is, particularly compared to its coverage, there’s no question that you’ll get more bang for your buck with a plan like Heymondo ’s.

What does annual travel insurance cover?

Whichever travel insurance annual plan you end up choosing, you need to make sure that you’re getting enough coverage for medical- and travel-related situations. Annual travel insurance coverage should include:

• Emergency medical expenses – medical coverage is an absolute requirement for the best annual holiday insurance. Make sure yours covers important medical expenses such as sudden illness, accidental injury, emergency dental treatment, hospitalization, and prescription drugs.
• Evacuation and repatriation – this type of coverage is crucial if you fall ill in a remote area and need to be transported to a faraway hospital or are so sick that you need to be transported back to your home country for treatment.
• Trip delays, interruptions, and cancellations – any sudden, unexpected event – serious illness, inclement weather, jury duty, unexpected job loss – can interrupt or change your travel plans, but trip delay, interruption, and cancellation coverage ensure that you will still get reimbursed for covered travel costs.
• Lost/damaged/stolen luggage – if anything happens to your belongings while you’re traveling, luggage coverage will allow you to get reimbursed so you can easily buy new toiletries and clothes.

You can also purchase travel annual insurance with sports coverage, cruise coverage, or even electronics coverage if you have more specific coverage needs.

One coverage aspect to note is that it can be more difficult for older travelers to find a multi-trip travel insurance policy since age limits tend to be lower for annual trip insurance than for single trip insurance. If you are an older traveler interested in buying an annual travel insurance plan , make sure to compare the price and coverage of annual travel insurance plans with the price and coverage of single trip insurance plans to see which works best for you.

Is annual travel insurance worth it?

Ultimately, yes, having annual travel insurance is worth it if you travel frequently and want to save time and money on purchasing travel insurance for every trip. If you only take a couple of trips a year, stick to single trip insurance.

For example, imagine that you are a US citizen who is going to take several trips over the next 365 days and buy individual travel insurance plans from Heymondo:

• Indonesia (2 weeks) – $ 70.75
• Iceland (4 days) – $ 26.04
• Spain (1 week) – $ 38.17
• Morocco (3 days) – $ 17.74
• United Kingdom (5 days) – $ 26.04
• Norway (4 days) – $ 26.04
• Brazil (1 week) – $ 38.17
• Mexico (1 week) – $ 38.17
• Argentina (1 week) – $ 38.17

If you paid for these policies individually, it would cost you $319.29.

If you bought an annual travel insurance plan from Heymondo to cover those same trips, you would pay $197.96. In other words, you would have all those trips covered by one policy, and you could take even more trips without paying any other travel insurance fees.

Of course, buying annual travel insurance only works out to be more affordable if you travel frequently enough within a year. Don’t bother buying annual multi-trip holiday insurance if you only plan on traveling once or twice a year.

If you’re still unsure about whether you need annual multi-trip travel insurance , get quotes for single trip insurance for all the trips you will take over the next 365 days and compare that total to your annual holiday insurance quote . If your single trip insurance total is greater than the annual travel insurance price , yearly travel insurance is the best option for you.

Don't miss a 5% discount on your HeyMondo travel insurance  

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One thought on “ Best Annual Travel Insurance 2024 [Multi-Trip Insurance] ”

Hey there, we are interested to purchase annual multitrip medical emergency travel insurance with specific COVID-19 cover rider. We are seniors, my DOB is April 20, 1946 and my wife’s is October 23, 1950. We reside in Canada and woud like to travel to Costa Rica in October 2020 and to Europe in 2021, if COVID-19 pandemic situation will permit. Your advice would be much appreciated.

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All you need to know about annual travel insurance policies

As demand for travel soars and everything from weather to staffing issues leads to higher prices and cancellations, it's more important than ever to protect your trip arrangements with travel insurance .

However, it's not always easy figuring out which type of plan to pick. There are standard policies that cover general delays, interruptions and cancellations; "cancel for any reason" plans that account for personal whims in addition to unforeseen circumstances; and lesser-known annual options.

In this article, I'll go over what you need to know about the third type: annual travel insurance coverage.

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What is annual travel insurance?

Annual travel insurance plans (also known as multi-trip plans) last for one year and generally cover all trips taken within that period until either the policy expires or the maximum payout amounts are reached. The policy usually kicks in for trips that take you more than a certain distance from home.

For example, my Allianz AllTrips Prime annual plan remains in effect for one year following the purchase date of my policy. I'm covered on all trips during which I'm at least 100 miles from my residence.

This differs from standard travel insurance, which is purchased on a per-trip basis and covers only one specifically insured journey per policy. Standard policies begin when travel for the insured trip begins and end when the insured trip ends, rather than covering multiple travel experiences within a specific period of time.

What does annual travel insurance cover?

Coverage depends on the plan you purchase. There are usually several tiers from which to choose, with the lowest offering the least coverage and the highest offering the most.

Using my policy as an example, I'm covered for up to $3,000 per year in trip interruption expenses, including hotel room coverage at $250 per night, which I used when I was recently isolated for 10 days after testing positive for COVID-19.

My policy also offers a $3,000 annual trip cancellation benefit, $20,000 in emergency medical coverage, $100,000 in emergency transportation (including medevac services), $45,000 in rental car theft and damage protection, $25,000 in travel accident coverage and $1,000 for essentials in the event of baggage loss or damage, along with a handful of other small benefits.

Note that many annual policies do not include things like "cancel for any reason" coverage or trip interruption benefits. If those items are important to you, check with your provider before making a purchase.

How much is an annual travel insurance policy?

Sure, an annual travel insurance policy may sound great, but how much does one cost? I was surprised to find that insuring your trips for a whole year with an annual policy is often not much more expensive than insuring one or two trips individually, depending on the options you select.

A decent annual travel insurance plan will likely set you back a couple hundred dollars. The more coverage you add, the more expensive the plan will become. The cost also changes depending on variables like your age and where you live.

The best thing to do is contact your preferred provider for a quote or check out an aggregator like InsureMyTrip to compare premiums.

Which companies offer annual travel insurance plans?

The Points Guy recommends the following travel insurance providers , all of which sell annual or semi-annual policies:

• Allianz Travel Insurance .
• Seven Corners .
• Travel Guard .
• World Nomads .

When should I purchase annual travel insurance?

There are several reasons why annual travel insurance might be better for you than separate policies for individual trips. If you travel a lot — more than two or three times annually — it could be more cost-effective than purchasing separate policies for each journey.

For me, it makes sense because I travel for a living, often taking a dozen or more trips each year. Also, much of my travel is comped, which makes insurance more difficult to acquire. (If I haven't paid for a cruise, flight or hotel, I can't attach a dollar amount to it and, therefore, often can't insure it. I also wouldn't be able to provide purchase receipts in the event something went wrong and had to file a claim.)

Other factors to consider include your health, how adventurous your travels might be, whether you have coverage as a credit card perk and how much your travel arrangements cost versus how much coverage you can get with an annual plan versus individual policies.

Another consideration right now is COVID-19. For me, the annual plan made sense because most of Allianz's individual plans don't cover issues linked to COVID-19. However, the annual coverage I purchased does.

Other things to know about annual travel insurance policies

Here are a few additional tidbits I learned after filing a trip interruption claim under my annual travel insurance policy. Keep them in mind when deciding if an annual policy is right for you.

• Before committing to the purchase of any travel insurance plan, make sure to inquire about specific components that are important to you. For me, those were COVID-19 coverage, trip interruption benefits and medevac coverage.
• Know that your coverage does not reset each time you travel when you opt for an annual policy. So, if you have a trip that goes awry, you file a claim and you max out the benefit allowed by your plan, you won't have that benefit available to you for the remainder of your policy year.
• Depending on your policy, you might have to return home between travel sessions in order for each trip to be covered. Taking several back-to-back trips could prevent them from qualifying for coverage under your annual insurance plan, so be sure to read the fine print, and plan accordingly.
• If you purchase annual or multi-trip travel insurance, keep your policy card and provider phone number with the other important documents you bring when you travel so they're easily accessible in a pinch.
• If you find yourself in a covered situation for which you'd like to seek reimbursement, keep all receipts and take photos that will help to support your claims when they're submitted.
• Don't assume all your expenses will be reimbursed, even if you think they'll be covered. It doesn't hurt to try, but in my case, my Allianz plan only partially covered the hotel expenses I submitted.

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Table of Contents

What does annual travel insurance cover?

Single trip insurance vs. multi-trip travel insurance, how does annual travel insurance work, annual travel insurance plans, is annual travel insurance worth it, caveats to yearly travel insurance, if you're considering multi-trip travel insurance.

Are you hoping to fill your annual calendar with multiple travel adventures? When you’re heading out on a trip, travel insurance may provide peace of mind in case things go awry. It can provide protection in the event of unexpected injury and illness, no matter where you are.

For frequent travelers, sometimes a single-trip travel insurance policy just doesn’t cut it. Let’s take a look at when to buy annual travel insurance, what annual multi-trip insurance is and whether you should invest in this product.

For those who aren’t familiar with travel insurance, it basically works like this: Your personal insurance covers you when you’re at home. Travel insurance does the same when you’re abroad.

There are different levels and kinds of insurance, including those that’ll reimburse you if you have to quarantine, ones that let you cancel for any reason and even policies that cover emergency evacuation services.

Some common types of travel insurance include:

Health insurance .

Lost luggage insurance .

Trip cancellation insurance .

Accidental death insurance .

Rental car insurance .

Trip interruption insurance .

Cancel For Any Reason insurance .

Emergency evacuation insurance .

Most travel insurance policies will offer different levels of coverage for the different types outlined above. In some cases, you can customize your coverage to better meet your needs instead of opting for base-level policy inclusions.

» Learn more: What does travel insurance cover?

Here's a high-level overview of how annual travel insurance policies differ from single trip plans.

Yearly travel insurance works a little bit differently than single-trip insurance. For the most part, you won’t find an annual travel insurance policy that covers extras such as baggage loss or rental car insurance, though you may find some that cover trip interruption and cancellation.

Why is annual travel insurance cheaper than single trip? Multi-trip insurance focuses mainly on medical policies, while single-trip policies can cover a broader range of issues.

In general, annual travel insurance will cover you in the event that you need medical care while traveling overseas. Different policies will have different coverage. Some can include hazardous sports such as skiing and scuba diving, while others will include care in the event you fall ill with COVID-19.

Check whether your medical care is primary or secondary; secondary medical insurance only pays out after other eligible insurances have made their payments.

If you’re looking to be covered for specific needs, be sure to double-check any policy before you decide to purchase it.

» Learn more: How to find the best travel insurance

Purchasing an annual or multi-trip travel insurance plan doesn’t have to be expensive. Of course, you’ll want to get quotes before going forward with any purchase, so it’s best to do your homework ahead of time.

We put in a search for annual travel insurance plans using a 31-year-old traveling from California to Europe among three different policy providers.

1. Nationwide Travel Insurance

Nationwide came in at the cheapest for just $52 for the year, though at that price range it didn’t include trip cancellation or trip interruption insurance.

It was possible to add these in, but it increased the price appropriately. Otherwise, the plan offered $10,000 in emergency medical, $100 for baggage delay, $100 for trip delay and $500 for lost luggage

For our sample itinerary, Allianz offered three different annual travel insurance plans with varying levels of coverage — Executive, Prime and Basic.

The cheapest rang in at $138 for the year but also failed to include trip interruption, while the most expensive option would cost this travel $510.

Allianz’s lowest-cost option (Basic) provided $20,000 in emergency medical and $1,000 for baggage loss, as well as $45,000 for rental car insurance .

3. AIG Travel Guard

AIG Travel Guard returned just one option for multi-trip travel insurance, costing $259 for the year.

However, the increased price seems worth it for the additional coverage, which included $2,500 in trip interruption, $1,500 for trip delay, $500 for missed connections, $2,500 for lost baggage, $1,000 for delayed luggage and $50,000 for emergency medical.

There are a few different questions you’ll want to consider before purchasing travel insurance. This is true whether you’re looking for a single-trip policy or a plan that covers you for an entire year.

How often will you travel?

This is probably the most obvious question you’ll want to answer: How often do you travel? Are you out of town frequently? Do you stay out of the country for longer periods of time?

If you’re someone who goes on one or two vacations per year, for a week or two at a time, it may not be worth purchasing annual travel insurance. Although it’s cheaper than single-trip insurance, the benefits that you’ll receive are reduced accordingly.

What kind of trips are you taking?

How expensive are your trips? What about the chance for illness or accidental injury? Are you certain that you’ll be going on your trip, or is there the chance that you’ll need to cancel?

Multi-trip travel insurance is inherently limited due to its length of coverage. If your trip has a lot of components and opportunities for things to go awry, you may want to consider instead purchasing a single-trip policy.

As we noted above, these types of policies have a much broader area of coverage. This includes options such as cancel for any reason insurance and trip delay insurance.

Do you have any pre-existing conditions?

Pre-existing conditions are those that you have had prior to purchasing insurance. Let’s say that you tore your hamstring last year. After completing a round of physical therapy, you’re doing pretty well, though sometimes you still struggle with pain.

Some annual travel insurance policies will cover acute flare-ups of pre-existing conditions. This means that if your sore hamstring is suddenly aggravated to the point of needing crutches, they will cover the cost of that care.

Some policies do not; they will have a specific clause excluding any pre-existing conditions from your medical care.

» Learn more: What to know about travel insurance for pre-existing conditions

Does your credit card provide travel insurance?

Did you know that many travel credit cards provide complimentary travel insurance? If you book and pay for your trip using your card, you may be eligible for this insurance.

Examples of travel insurance offered by credit cards include:

Rental car insurance.

Emergency medical insurance.

Emergency evacuation insurance.

Trip cancellation insurance.

Trip delay insurance.

» Learn more: The best credit cards for travel insurance benefits

Not all credit card travel insurance coverages are equal; if this is something you’re relying on, you’ll want to carefully examine the policies of the credit card you’re using and the types of coverage it offers.

Cards such as the Chase Sapphire Reserve® offer some of the best complimentary travel insurance on the market.

Chase Sapphire Reserve®

Other cards, such as The Platinum Card® from American Express , also offer a wide range of coverage while you’re traveling. Terms apply.

» Learn more: The best travel credit cards right now

Yearly travel insurance may be a good option for you if you’re often on the road, but keep in mind that there are limits to the product.

For example, many travel insurance plans limit the amount of time you can spend on each trip. This is true for policy provider Heymondo, whose 12-month plan stipulates that your trip duration be less than 60 days.

Other plans may only apply outside the United States. This is the case for GeoBlue , whose travel medical insurance doesn’t cover you when you’re home.

Yes. Depending on the provider, you can purchase multi-trip or an annual travel insurance plan.

The biggest difference with annual travel insurance is it doesn't have as many covered benefits as the individual single-trip plans, as one of the main focuses of annual travel insurance is medical emergencies.

To determine which plan type is right for you, ask yourself questions such as:

How often are you traveling?

Are the trips expensive?

Do you have any credit cards with travel insurance coverage ?

Although cheaper, multi-trip or annual travel insurance are policies that cover multiple trips over a specific time frame. Policies have less coverage than single-trip policies. Generally, single-trip policies have baggage loss or rental car insurance, whereas annual travel insurance does not.

The average cost of a travel insurance policy varies on the coverage provided and the length of the trip. It's typically a percentage of your overall trip cost. On the high end, you can estimate up to 10% of your trip expenses. On the low-to-mid scale, you can estimate 4-8% of your anticipated trip costs.

Yes, you can buy annual or multi-trip travel insurance policies, which can be a good option for extensive trips. Note that these plans differ from single-trip policies in terms of coverage. Annual plans tend to focus on medical emergencies, whereas individual plans offer more robust travel-related coverages (such as baggage or trip delay).

Multi-trip insurance covers an unlimited number of trips during your coverage period. However, the length of time for your period is going to depend on your specific policy. Many multi-trip plans can be purchased as annual travel insurance, which will cover you up to 365 days.

It’s possible to cancel any insurance policy that you buy, but only during specific periods. This is called the "lookback" or review period. In most states, the lookback period lasts up to 15 days, during which time you can cancel your insurance without penalty.

Do you have any

credit cards with travel insurance coverage

Multi-trip travel insurance can be a cheap, affordable way to make sure you’re covered if you’re a frequent traveler. However, you’ll also want to understand the limitations of year-long policies. Although they can be less expensive than policies that cover a single trip, you can also expect to have less coverage.

Annual travel policies tend to focus more on medical care and — in limited circumstances — trip cancellation or trip interruption. However, if your needs include the ability to cancel your trip for any reason, or extras such as baggage insurance, you may want to consider purchasing a single-trip policy instead.

Finally, if you hold a travel credit card, odds are good that it comes with some form of travel insurance. Check out its guide to benefits to see what types of coverage your card offers, whether it’s emergency medical evacuation or trip delay reimbursement.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2024 , including those best for:

Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card

No annual fee: Bank of America® Travel Rewards credit card

Flat-rate travel rewards: Capital One Venture Rewards Credit Card

Bonus travel rewards and high-end perks: Chase Sapphire Reserve®

Luxury perks: The Platinum Card® from American Express

Business travelers: Ink Business Preferred® Credit Card

on Chase's website

1x-10x Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.

75,000 Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.

1x-5x 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.

75,000 Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠.

1x-2x Earn 2X points on Southwest® purchases. Earn 2X points on local transit and commuting, including rideshare. Earn 2X points on internet, cable, and phone services, and select streaming. Earn 1X points on all other purchases.

50,000 Earn 50,000 bonus points after spending $1,000 on purchases in the first 3 months from account opening.

Best Annual Travel Insurance Plans: AIG Travel Guard vs Allianz vs Seven Corners vs GeoBlue & More

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When you purchase through links on our site, we may earn a commission. Here’s how it works .

Most people consider getting trip insurance for a single vacation. But did you know that several major insurance companies provide annual trip insurance plans? These plans can cover you, a spouse, and even your entire family if you want to insure multiple trips during the year — for huge savings compared to insuring each trip separately.

How does annual trip insurance work? Does it differ from traditional per-trip insurance? And which providers are your best options? Our experts have delved into all of these questions and more to help you decide if an annual policy is best for your needs.

Table of Contents

Article Overview

• Annual Trip Insurance Limitations

Who Should Consider Annual Trip Insurance?

• Best Annual Trip Insurance

What Are My Other Options?

Looking for per-trip travel insurance, annual travel insurance limitations.

You also need to be aware that yearly policies typically have trip-length limits , meaning they limit the number of consecutive days in one trip that they’ll cover (this isn’t an issue with per-trip policies). These trip-length limits vary by policy, ranging anywhere from 30 to 90 days. For example, this means that if your policy has a 30-day limit and you get injured on day 31, you won’t receive medical coverage for that injury because it falls outside of the trip-length limit.

Note: Most annual and typical per-trip vacation insurance policies have restrictions on the types of “adventure” activities they’ll cover if you get injured. These can include bungee jumping, hot air ballooning, parachuting, skydiving, mountain climbing, scuba diving, and similar “hazardous” activities.

Read each policy carefully to see which activities are and aren’t covered. If you plan on these types of activities on your vacation, you may want to consider a per-trip policy from World Nomads , which has specialized coverage for adventure activities.

Annual trip insurance is best for:

• Leisure or business travelers taking multiple trips over the course of one year
• Frequent international travelers who need medical coverage while overseas
• Travelers who don’t need high trip cancellation coverage

Annual trip insurance isn’t ideal for:

• Individuals, couples, or families who will only be traveling once or twice over the next year
• Travelers taking multiple lengthy trips during a year (lasting longer than 90 days)
• Travelers who need high trip cancellation coverage

Best Annual Travel Insurance Plans

We’ve broken down our best picks for annual travel insurance by categories based on your individual needs. But, we also encourage you to read our other options in case there’s another provider that works better for you.

Our experts have analyzed each company by its policy benefits and pricing, COVID-19 coverage, customer service, user reviews, BBB ranking, AM Best ratings (financial strength of the insurer), and other factors. All of the companies we include in our reviews have an A- or better rating from AM Best, have an online claims process, and offer 24/7 travel assistance for concierge service and other needs.

Policy Pricing And Availability

We haven’t included policy pricing in our reviews because most yearly travel insurance premiums vary for each traveler. The companies typically base their pricing on the age of travelers and your state of residence. And be aware that not all policies are available in every state.

Best Overall: Seven Corners Review

Free Quote At SquareMouth

Seven Corners stands out as our pick for the best overall annual trip insurance company. They have two yearly plans, Wander Frequent Traveler and Wander Frequent Traveler Plus (which includes COVID-19 medical/trip interruption coverage). Both plans have customizable options, allowing you to tailor your plan to your budget.

You can customize your plan for 30, 45, or 60-day trip limits. You can also choose your deductible from $0, $250, or $500 (per person, per occurrence). And they have a hazardous sports coverage add-on, which is roughly $25 per person. Other companies we reviewed don’t offer this option.

Both plans offer a generous $1 million coverage for emergency medical and medical evacuation coverage , in addition to great coverage for trip interruption, accidental death and dismemberment (AD&D), trip delays, baggage loss and delays, and more.

And unlike many other travel insurance companies, they’ll cover you for pre-existing medical conditions up to $20,000 per person for an unexpected recurrence of a pre-existing condition (some age restrictions apply).

Note : Coverage is for international and domestic travel, but domestic travel requires pre-certification.

Best Budget: GeoBlue Review

If you’re looking for the best cheap year-long travel insurance, GeoBlue may be your best bet as long as you’re okay sacrificing a few benefits other companies provide. GeoBlue has two budget-friendly plans, Trekker Essential and Trekker Choice. Both have good coverage for emergency medical ($500,000 and $1 million) and medical evacuation ($250,000 and $500,00) as well as decent benefits for lost luggage and AD&D. Both also have 70-day trip limits.

What do you not get? Neither policy covers trip interruptions and cancellations, travel delays, or baggage delays. They also are one of very few companies we’ve reviewed that have no coverage for COVID-19 occurrences. But unlike most companies, GeoBlue covers pre-existing conditions as well as non-emergency medical expenses.

Note : Coverage is only for travel outside of the U.S.

Best For Trip Cancellation Coverage: Allianz Review

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A big player in the travel insurance industry, Allianz offers several competitively priced annual plans that include trip cancellation coverage. However, it’s important to know that trip cancellation benefits apply per year rather than per trip. All the other benefits included in policies, like emergency medical, baggage loss, etc., apply for each trip you take during your year of coverage.

Allianz has four annual plans to choose from (all but the Alltrips Basic plan include trip cancellation). Their Alltrips Premier plan is the best overall value out of the four. It has 90-day trip limits, coverage for emergency medical ($50,000) and medical evacuation ($500,000), and generous payouts for trip interruption, trip delays, baggage loss and delays, and AD&D.

And with the Premier plan, you can choose your level of trip cancellation/interruption coverage from $2,000, $5,000, $10,000, and $15,000. This plan also waives Allianz’s typical 120-day look-back period for pre-existing conditions.

Their plans also include rental car damage coverage and COVID-19 coverage for medical and cancellation/interruption. Just keep in mind that if you’re more concerned about higher medical, evacuation, and other benefits rather than trip cancellation, Seven Corners is a better value.

Note : Coverage is for international and domestic travel.

AIG Travel Guard | Trawick | USI Affinity

AIG Travel Guard Review

AIG Travel Guard, a well-respected provider of traditional trip insurance, offers one stand-out annual travel insurance plan. It offers  90-day trip limits , security evacuation coverage (up to $100,000) in the event of a natural disaster, riot, or civil disorder, and COVID-19 coverage for medical expenses and trip interruption.

The policy includes $50,000 for emergency medical, $500,00 for medical evacuation, and good coverage for trip interruptions, AD&D, missed connections, baggage losses, and trip and baggage delays. However, premium pricing is a bit higher than average for the payout benefits you get. It also has a 60-day look-back period for pre-existing conditions.

Note : Coverage is for international travel and travel within the U.S. (must be more than 100 miles from your residence).

Trawick International Review

Trawick International offers three Safe Travels annual travel insurance plans, Basic, Deluxe, and Executive. Their plans stand out because they include trip cancellation coverage ($2,500, $5,000, and $10,000) and COVID-19 cancellation and medical coverage. But be aware that, like  Allianz , the trip cancellation coverage is per year rather than per trip.

However, their other benefit payouts are lower than comparably priced plans from other providers. For example, their mid-level plan’s pricing is higher than average yet offers lower payouts for emergency medical ($20,000) and medical evacuation ($100,000) compared to similar coverage with other companies we review here.

All plans include trip interruption, trip delay, lost baggage, and baggage delay coverage. They also have a 30-day trip limit  with each plan and a 90-day look-back period for pre-existing conditions.

USI Affinity Review

USI Affinity has a good reputation as a long-time provider of traditional trip insurance, and it offers two annual travel insurance plans, Voyager Silver and Voyager Gold. Both plans have 90-day trip limits and coverage for AD&D, baggage loss and delay, and COVID-19 medical.

The major benefit payouts vary widely between the Silver and Gold plans: emergency medical ($50,000 and $100,000) and emergency evacuation ($100,000 and $250,000). You’ll need to go with the Gold plan if you want trip interruption coverage (which covers COVID-19). The Gold plan also includes security and political evacuation coverage (up to $100,000). USI Affinity has a 180-day pre-existing condition look-back period.

Note : The sample policy we reviewed says that coverage is “anywhere in the world.”

If you don’t think annual travel insurance will work for your traveling needs, be sure to see our reviews of the best per-trip travel insurance plans . In that article, we review plans from some of the same companies as we do here as well as additional top travel insurance companies. Benefits and coverage vary a great deal between per-trip vs annual plans.

Sally Jones

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Introduction to Nationwide Travel Insurance

• Coverage Options
• How to Purchase and Manage Your Policy

Nationwide Customer Reviews and Claims Experience

Compare nationwide travel insurance.

• Why You Should Trust Us

Nationwide Travel Insurance Review 2024

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate insurance products to write unbiased product reviews.

Nationwide has been around close to 100 years after being founded in 1926. The Ohio-based company has many different products in the insurance and finance space, including coverage for trips. Nationwide Travel Insurance policies are available for single or multiple trips and can cover cruise trips too.

• Trip cancellation coverage of up to 100% of trip costs (for cruises) or up to $30,000 (for single-trip plans)
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Three cruise-specific plans to choose from
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Annual travel insurance plans available
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Strong trip cancellation coverage
• Check mark icon A check mark. It indicates a confirmation of your intended interaction. Cancel for any reason coverage available
• con icon Two crossed lines that form an 'X'. CFAR insurance not available with every single plan
• con icon Two crossed lines that form an 'X'. Medical coverage is lower than what some competitors offer

Nationwide Travel Insurance offers many of the standard benefits you might see with a travel insurance policy. This can include things like trip cancellation coverage, so you can recover pre-paid costs or trip interruption in the event your vacation is interrupted by an unexpected event. There's also baggage delay coverage and medical coverage.

• Cancel for any reason coverage available

Nationwide is one of the leading names in insurance across various areas of coverage including life, auto, and travel insurance. Nationwide's coverage is also as comprehensive as it is varied. It tops our list of the best travel insurance companies and best cruise travel insurance , also ranking among the best cheap travel insurance companies for the value it provides.

With single trip, multi trip, and cruise-specific policies along with an abundance of riders, there's a good chance Nationwide will have the coverage you're looking for.

That said, Nationwide lacks some of the niche coverage that other companies can provide. For example, Nationwide doesn't insure trips over 31-days long. Its annual travel insurance only applies to trips 30 days or under. Additionally, Nationwide lacks specific adventure sports coverage.

Ultimately, Nationwide is the company to beat. If you're shopping for something a little more specific, use Nationwide's quotes as your baseline as you search for something more tailored to your trip. 

Coverage Options from Nationwide

Nationwide offers many of the standard benefits you might see with a travel insurance policy. This can include things like trip cancellation coverage, so you can recover pre-paid costs or trip interruption in the event your vacation is interrupted by an unexpected event. There's also baggage delay coverage and medical coverage.

The travel insurance policies offered by Nationwide are available to consumers and are divided up by the type of trip: single trip, multiple trips, or cruise coverage.

Single-trip travel insurance policies

Nationwide offers two single-trip travel insurance policies: the Essential plan and the Prime plan.

As the name suggests, Nationwide Essential travel insurance covers the basics. It offers some protection should anything happen ahead of your trip or while you're on your trip.

The Prime plan takes your coverage to the next level, with higher coverage limits and the option to add on the coveted cancel for any reason (CFAR) coverage at an extra cost.

Both plans include trip cancellation or interruption coverage in the event of terrorism in your destination city, travel assistance from Nationwide at no additional charge, and refunds with a 10-day review period (except in Washington and New York). Note that for baggage and personal effects coverage, there is a $500 combined maximum limit for valuable items (see your policy's terms and conditions for details on what's considered valuable). It also covers damaged or lost sports equipment.

Here's how the two plans stack up in terms of coverage limits. For trip delay coverage, you'll be eligible for reimbursement for delays of six hours or more.

Annual and multi-trip travel insurance policies

If you're looking for travel insurance coverage for more than one trip and want to cover your partner and children, the Travel Pro Plan may be an affordable option. It's important to note that this policy only covers events after departure, not pre-departure events. This policy could be as low as $59 as of the time of writing.

The Travel Plus Plan is another multi-trip policy from Nationwide that has flexible term limits for trip interruption and cancellation coverage, up to $10,000. This covers the gaps from the Travel Pro Plan, which only covers post-departure events. So if you needed to cancel the trip due to a covered illness or other reason, this is the plan for you.

If you want to increase the level of benefits for your after departure coverage, the Travel Pro Deluxe Plan does just that. It builds on the Travel Pro Plan, hence the name, and includes higher coverage limits for just $20 more.

All plans include the same travel assistance from Nationwide that's included with the single-trip policies. Here's how the multiple-trip plans compare:

Cruise coverage

Nationwide offers three cruise travel insurance plans.

If you're going on a short cruise or going for the first time, the Universal Cruise Plan may be a good starting point if you want added protection and to recoup nonrefundable costs. Just make sure that you qualify based on your state, as cruise coverage isn't available in all states.

If you're going on a longer cruise and want added coverage to protect your trip, the Choice Cruise plan is an option to consider. And if you're looking for the most benefits and go on many cruises, the Luxury Cruise plan offers the most coverage options.

All three policies can be refunded with a 10-day review period, except in Washington and New York.

Here's a comparison of the coverage you'll get with Nationwide's three different cruise travel insurance policies:

Additional coverage options from Nationwide

Nationwide has a number of additional coverage options that can add more protection to your policy but also add to the cost as well. These include:

• Financial default coverage , in the event your travel supplier ends up in default or bankruptcy. This is available with the Essential and Prime single-trip policies.
• Pre-existing condition waiver, which may offer coverage for pre-existing illnesses or diseases if certain conditions are met. This is available with the Essential and Prime single-trip policies.
• Accidental death and dismemberment, which can have limits of $5,000, $10,000, $25,000 or $50,000 depending on the plan. This is available with the Essential and Prime single-trip policies.
• Accidental death for flights only, which can have limits of $100,000, $250,000, or $500,000. This is available with the Essential and Prime single-trip policies.
• Rental car collision or loss coverage, in the event something happens to your rental car, you can add on this coverage for up to $25,000 or $35,000 depending on the plan.This is available with the Essential and Prime single-trip policies (except in Texas or New York).
• Cancel for any reason (CFAR) , which must be added to a policy and is available through the single-trip Prime Plan, the Choice Cruise Plan, and the Luxury Cruise Plan.

Nationwide Travel Insurance Cost

The premium you pay will depend on various factors, including the age of the travelers, destination, and total trip costs. The  average cost of travel insurance  is 4% to 8% of your travel costs.

After inputting some personal information, such as your age and state of residence, along with your trip details, like travel dates, destination, and trip costs, you'll get an instant quote for Nationwide Insurance plans available for your trip. And from there, it's easy to compare each option based on your coverage needs and budget.

Now let's look at a few examples to estimate Nationwide coverage costs.

As of 2024, a 23-year-old from Illinois taking a week-long, $3,000 budget trip to Italy would have the following travel insurance quotes:

• Essential: $89.55
• Prime: $129.19

Premiums for Nationwide Insurance plans are between 3% and 4.3% of the trip's cost, well within the average cost of travel insurance.

Nationwide insurance provides the following quotes for a 30-year-old traveler from California heading to Japan for two weeks on a $4,000 trip:

• Essential: $113.01
• Prime: $160.47

Once again, premiums for Nationwide plans are between 2.8% and 4% of the trip's cost, within and below the expected range of travel insurance costs.

A Texas family consisting of two 40-year-old parents with a 10-year-old and 4-year-old on a two-week trip to Australia for $20,000:

• Essential: $571.62
• Prime: $801.94

Nationwide plans cost between 2.8% and 4% of the trip's cost, below and within the average cost of travel insurance. 

A 65-year-old couple looking to escape New Jersey for Mexico for two weeks with a trip cost of $6,000 would have the following quotes:

• Essential: $248.56
• Prime: $352.44

Premiums for Nationwide plans are between 4.1% and 5.9%, which is well the average cost for travel insurance. While its certainly more expensive than coverage for younger travelers, it's on the lower end of what travel insurance companies tend to quote for older travelers. 

Nationwide Annual Travel Insurance Cost

Quotes from Nationwide's annual travel insurance plans don't actually change based on age or state. You'll get a base quote of $69, which will vary based on how much trip cancellation coverage you'd like to purchase. Prices range from $155 to $729

You can also select a Pro Delux upgrade, which will cost an additional $20.

How to Purchase and Manage Your Nationwide Policy

To purchase a Nationwide travel insurance policy, you first need to obtain a quote from Nationwide's website. You should be prepared to provide the following:

• Destination
• Departure date
• Return date
• State of Residence
• Total trip cost
• Initial trip payment date

When you select a plan, be sure to also take a moment and scroll through the optional add-ons, such as rental car coverage. 

How to File a Claim with Nationwide

If you purchased travel insurance through Nationwide and need to file a claim, you can contact a Nationwide representative. You have seven days from the start of the issue that caused loss to notify Nationwide of your claim.

Claims through Nationwide are handled by Co-ordinated Benefit Plans, LLC. You can use its claims portal or call a representative, based on your type of policy.

Single trip policy phone number: 888-490-7606

Annual plan policy phone number: 866-281-1017

Cruise policy phone number : 866-281-0334

Rather reach out via email? You can contact Nationwide via [email protected] .

If you need to send documents via mail, the mailing address is:

Co-ordinated Benefit Plans, LLC

On Behalf of Nationwide Mutual Insurance

Company and Affiliated Companies

P.O. Box 26222 Tampa, FL 33623

Nationwide refrains from promising a specific response time frame. However, customers have reported waiting several weeks before hearing any updates.

Since Nationwide offers such a wide breadth of insurance types, it's difficult to separate its travel-specific customer reviews from reviews on its other products. It received an average of 1.16 stars out of five across over 340 reviews on its BBB page, though most customers are writing about experiences with Nationwide's auto and health insurance.

On SquareMouth, a travel insurance-specific aggregator, Nationwide has an average of 4.01 stars across 570 reviews. Reviewers reported unresponsive a claims team and long wait times. Additionally, while insurance companies often engage directly with customer reviews on SquareMouth, Nationwide doesn't respond to customer reviews.

Learn more about how Nationwide Travel Insurance compares against the competition. 

Nationwide Travel Insurance vs. Allianz Travel Insurance

Much like Nationwide, Allianz Travel Insurance insurance offers many different types of insurance coverage. While the company may be most well known for auto insurance, it offers travel insurance as well and has eight options. Allianz Travel Insurance, a major player in the travel insurance space, has 10 options listed.

Allianz Travel Insurance may offer higher coverage limits for the policies offered and have a streamlined process for filing a claim online. Where Nationwide wins out is the fact that you can add cancel for any reason (CFAR) for an added cost, whereas CFAR coverage isn't available when purchasing an online policy via Allianz Travel Insurance.

Read our Allianz Travel Insurance review here.

Nationwide Travel Insurance vs. John Hancock Travel Insurance

John Hancock Travel Insurance  is similar to Nationwide in that it provides a wide range of insurance offerings and financial services. One of those offerings is travel insurance. John Hancock travel insurance offers travel insurance through Bronze, Silver, and Gold policies.

When comparing policies, the budget option may be slightly more affordable with Nationwide. However, mid-tier and higher coverage options may be more affordable with John Hancock travel insurance. It depends on your policy, trip details, and age. One good thing is that you can add cancel for any reason (CFAR) coverage under all John Hancock travel insurance plan options.

Read our John Hancock Travel Insurance review here.

Nationwide vs. credit card travel coverage

Rewards credit cards come chock full of benefits for cardholders, some of which they might be unaware of. One such perk can be travel interruption or cancellation coverage as well as rental car coverage. Credit cards may have sufficient coverage for quick trips. However, if you want the peace of mind of having solid medical coverage or higher limits, going the traditional travel insurance route may be a better fit.

For frequent travelers, credit card travel protection may be appealing as the coverage is constant. If you're looking for a comparable travel insurance plan with more comprehensive coverage, some companies offer annual travel insurance.

You can find our guide on the best credit cards with travel insurance  here.

Nationwide Travel Insurance Frequently Asked Questions

Nationwide's travel insurance offers very comprehensive coverage, including trip cancellation, interruption, medical emergencies, and baggage loss.

Yes, Nationwide allows the purchase of travel insurance up to a day before your departure. It doesn't offer plans for trips already in progress.

Nationwide covers COVID-19 like any other illness, covering trip cancellations with proof of a positive test and covering emergency medical expenses. 

Nationwide single trip plans cover pre-existing conditions as long as you purchase the Essential plan within 10 days of your trip deposit and the Prime plan within 21 days of your trip deposit. The annual plan doesn't cover pre-existing conditions, with a 60-day look-back period. 

Nationwide is known for its reliable customer service, wide range of coverage options, and the ability to tailor policies with various add-ons, setting them apart from many competitors.

Why You Should Trust Us: How We Reviewed Nationwide Travel Insurance

For our review of Nationwide, we looked at the leading travel insurance providers and compared the amount of options provided, coverage limits, cost, customer service options, and flexibility.

Nationwide is a top contender for cruise-related travel insurance policies and stands out for having cancel for any reason (CFAR) coverage, though it's not available with every policy and comes with an extra cost. To find the best travel insurance policy for you, review various providers and compare quotes before buying a policy.

Read more about how Business Insider rates travel insurance companies here.

Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer. Read our editorial standards .

Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.

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USI Affinity Travel Insurance Review 2024

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If you're taking a trip through a travel agency, university, or other company, USI Affinity travel insurance is a travel insurance company worth considering.

Introduction to USI Affinity Travel Insurance

USI Affinity travel insurance' is a leading name in risk management and insurance, usually offering their services to other businesses, like law firms and hospitals. Though not necessarily its specialty, USI Affinity travel insurance also offers comprehensive travel insurance for a wide range of needs, including several medical-only travel insurance plans, annual travel insurance, and road trip policies.

Additionally, USI Affinity travel insurance's travel cancellation plans are some of the most flexible we've encountered. Its policies cover trips up to a year long and have functionally no age limit (the age limit is set at 119-years-old).

While USI Affinity travel insurance has one of the highest age caps we've seen for travel insurance, it's not only expensive relative to the best travel insurance companies for seniors , but generally expensive for all age groups. Additionally, USI Affinity travel insurance lacks adventure sports medical coverage, making this policy less attractive for younger travelers.

Plans Available from USI Affinity

USI Affinity travel insurance has three plans: Basic, Plus, and Elite. Basic offers lighter protection, with trip cancellation for trips that cost under $15,000 per person.

USI Affinity travel insurance also offers a multi-trip option called Voyager Annual Travel Insurance that provides primary t ravel medical insurance coverage for people taking multiple trips less than 30 days long throughout the year. This plan offers two tiers of coverage: Silver and Gold. Gold has higher coverage limits and some additional coverage, such as political and natural disaster evacuation that Silver lacks. 

You can find the full plan breakdown here.

USI Affinity Additional Coverage Plans

Aside from the trip cancellation and annual travel insurance plans, USI Affinity offers several medical-only travel insurance plans that can last for up to 12 months. It also offers a road trip plan, that offers car-specific protections and other coverage you may need on a road trip.

WorldMed: Medical expense and evacuation insurance for people traveling outside their home country for five to 365 days.

InterMedical: Medical expense and evacuation insurance for people traveling outside the U.S. or their home country for five to 365 days.

VisitUSA-HealthCare: Travel medical insurance for visitors to the U.S. who need health insurance. 

StudyUSA-HealthCare: Travel medical insurance for international students who are studying in the U.S.

Road Trip Insure: Road trip-specific protections like vehicle breakdown and disablement, vehicle return, and rental car damage.

USI Affinity Travel Insurance Cost

The premium you pay will depend on various factors, including the age of the travelers, destination, and total trip costs. The  average cost of travel insurance  is 4% to 8% of your travel costs.

After inputting some personal information, such as your age and state of residence, along with your trip details, like travel dates, destination, and trip costs, you'll get an instant quote for USI Affinity travel insurance plans available for your trip. And from there, it's easy to compare each option based on your coverage needs and budget.

Now let's look at a few examples to estimateUSI Affinity travel insurance coverage costs.

As of 2024, a 23-year-old from Illinois taking a week-long, $3,000 budget trip to Italy would have the following

travel insurance quotes:

• Travel Insurance Select Basic: $126.60
• Travel Insurance Select Plus: $158.70
• Travel Insurance Select Elite: $229.50

Premiums for USI Affinity travel insurance plans are between 3.1% and 5.2% of the trip's cost, well within the average cost of travel insurance.

USI Affinity travel insurance provides the following quotes for a 30-year-old traveler from California heading to Japan for two weeks on a $4,000 trip:

• Travel Insurance Select Basic: $168.80
• Travel Insurance Select Plus: $211.60
• Travel Insurance Select Elite: $306.00

Once again, premiums for USI Affinity travel insurance plans are between 4.2% and 7.65% of the trip's cost, within and below the expected range of travel insurance costs.

A Texas family consisting of two 40-year-old parents with a 10-year-old and 4-year-old on a two-week trip to Australia for $20,000:

• Travel Insurance Select Basic: $847
• Travel Insurance Select Plus: $1,204
• Travel Insurance Select Elite: $1,570

Quotes for this trip cost between 4.2% and 7.85%, within the average cost of travel insurance. 

A 65-year-old couple looking to escape New Jersey for Mexico for two weeks with a trip cost of $6,000 would have the following quotes:

• Travel Insurance Select Basic: $520.20
• Travel Insurance Select Plus: $571.20
• Travel Insurance Select Elite: $828.60

Premiums for USI Affinity travel insurance plans for older-age travelers are between 8.7% and 13.8%, which is well within the average cost for travel insurance. While it's certainly more expensive than coverage for younger travelers, it's on the lower end of what travel insurance companies often quote for older travelers. 

How to Purchase and Manage a USI Affinity Policy

To purchase a policy from USI Affinity travel insurance, you'll need to obtain a quote from its website. You'll need to be prepared to provide the following details about your trip:

• State of residence
• Destination country
• Departure/Return dates
• Initial deposit date and final payment date
• Traveler(s) date of birth
• Trip cost (per person)
• Organization you're traveling with (if applicable)

Once you add this information, you'll be taken to the quotes page, where you will be able to add optional CFAR coverage to Plus and Elite policies. While you'll only be able to purchase insurance for trips under 90 days online, you can call customer service at 1-800-937-1387 if you want coverage for longer trips, up to one year. 

Note: USI Affinity travel insurancepolicies have a 15-day look period in which you can cancel your policy and receive a full refund.

How to File a Claim with USI Affinity Travel Insurance

USI Affinity travel insurance makes it easy to file a claim through its website . On the website, it states, "To file a claim on your travel insurance plan, please download and print the appropriate claim form below, and submit it to the address indicated on the form" along with the following forms:

• Accidental dismemberment claim form
• Baggage claim form
• Medical claim form
• Rental collision claim form
• Trip cancellation | trip interruption | travel delay | missed connection claim form

You can also call USI Affinity travel insurance at 1-855-874-0255 or email [email protected] .

You'll want to file claims as soon as possible, specifically if you're filing for a trip cancellation or interruption, to avoid non-covered charges due to late reporting.

USI Affinity Customer Service and Claims Experience

The majority of USI Affinity travel insurancereviews live on its SquareMouth page, receiving an average of 4.01 stars out of five. While recent customer reviews were very complimentary of both the buying and claims process at USI Affinity travel insurance, older reviews mention unprofessional and uncommunicative claims agents as well as long wait times.

The biggest concern isn't within the content of USI Affinity's reviews, but the fact that USI Affinity very rarely responds to customer reviews, while many of the best travel insurance companies will regularly respond to customers.

Compare USI Affinity Travel Insurance

Learn more about how USI Affinity Travel Insurance compares to the competition. 

USI Affinity Travel Insurance vs Allianz Travel Insurance

Allianz Travel Insurance is a popular competitor to USI Affinity travel insurance as it serves 55 million travelers everywhere. Unlike USI Affinity travel insurance, Allianz Travel Insurance offers multiple plans to customize your trip's insurance plan. Allianz Travel Insurance has over 10 plans to choose from with different features. So you can choose what's best for you and your family. These plans include single trip, annual trip, and rental car insurance.

Another thing exclusive to Allianz Travel Insurance is its OneTrip Prime plan. It offers free coverage for travelers under 17 when traveling with a parent or grandparent. USI Affinity travel insurance makes no such claims.

Read our Allianz Travel Insurance review here.

USI Affinity Travel Insurance vs Trawick Travel Insurance

Another large competitor is Trawick International Travel Insurance . The company offers baggage protection for up to $2,000 compared to USI Affinity travel insurance's $300 or $500 coverage options.

According to the company website, Trawick International Travel Insurance also offers cruise insurance plans and adventure travel insurance covering over 500 different activities. It highlights benefits such as unlimited trip cancellation coverage.

Read our Trawick Travel Insurance review here.

USI Affinity vs Credit Card Travel Insurance

Credit cards can be a great alternative to USI Affinity travel insurance. Make sure your credit card offers travel insurance before your trip. Also, keep in mind, credit card travel protections may not be as comprehensive as an insurance policy.

For example, you might be able to get reimbursed for a flight on a credit card, but only if you paid for the flight with the credit card. If you paid for the flight in cash or with a debit card, your credit card isn't going to reimburse you. USI Affinity will. You just need to submit a form.

Having additional travel insurance is never a bad option. Some travelers have cards like the Chase Sapphire Reserve, which offers baggage delay protection. USI could add medical coverage, AD&D, hotel and flight coverage after a covered event, and more. No matter what card you have, check to see what travel benefits your card offers. You can stack travel benefits to ensure you're covered for your trip as long as you use your credit card to purchase all your expenses.

Read our guide on the best credit cards with travel insurance  here.

USI Travel Insurance FAQs

How does usi affinity fare in terms of coverage for international travel.

USI Affinity travel insurance generally provides comprehensive coverage for international travel, including medical emergencies, trip cancellations, and baggage loss. 

Are adventure activities covered under USI Affinity plans?

No, adventure act ivies are not covered with USI Affinity's trip cancellation plans.

Can I get coverage for pre-existing medical conditions with USI?

USI Affinity travel insurance offers pre-existing condition waivers for its Plus and Elite trip cancellation plans as long as you purchase your policy within 21 days of your initial trip deposit. 

Is USI Affinity's customer service efficient in handling claims and inquiries?

Customer service reviews show that claims often get handled within a month, but there's little that customers can do to speed up the process once all documents are filed.

What sets USI Travel Insurance apart from other providers in the market?

USI Affinity travel insurance is often recognized for its wide range of plan options and comprehensive coverage, catering to diverse travel needs.

Why You Should Trust Us: How We Reviewed USI Travel Insurance

In creating this review of USI Affinity travel insurance, we compared it to competitive travel insurance products , considering coverage, price points, exclusions, and more. Then we considered what credit card benefits could complement USI Affinity travel insurance travel insurance's travel insurance plan. 

Every travel insurance product has its pros and cons. Our aim is to shine a light to help consumers make informed decisions based on all the facts. We know how important insurance is when traveling with peace of mind.

You can read more about our travel insurance ratings methods here .

If you enjoyed this story, be sure to follow Business Insider on Microsoft Start.

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Pet Insurance

Trupanion pet insurance review 2024

Mandy Sleight

Scott Nyerges

“Verified by an expert” means that this article has been thoroughly reviewed and evaluated for accuracy.

Heidi Gollub

Published 6:00 a.m. UTC May 6, 2024

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What you should know

Trupanion did not make our rating of the best pet insurance companies , but it does have some benefits that may appeal to you. With Trupanion, there is no minimum age limit for enrollment, so you can insure your pets from the time they are born until they are 14 years old. All insured pets get unlimited annual coverage with a 90% reimbursement percentage. You choose the deductible, from $0 to $1,000.

Pet insurance plans

Accident and illness plan

• Deductible: $0 to $1,000.
• Annual coverage limit: Unlimited.
• Reimbursement percentage: 90%.

Optional riders

• Recovery and complementary care: Pays for additional treatments like behavioral therapy, acupuncture and hydrotherapy.
• Pet owner assistance: Reimburses you for expenses like advertisements and rewards for lost pets and burial or cremation expenses.
• Breeding: Covers the cost of treatments related to conditions that develop from whelping (for dogs) or queening (for cats) if you breed your pet.

Customer reviews

Trupanion has more than 6,800 reviews on Trustpilot, with a score of 4.2 out of 5 stars. In Trupanion reviews, customers said how helpful Trupanion was in an emergency, covering thousands of dollars of vet bills, but some customers did criticize the cost of Trupanion pet insurance.

• Can pay your vet directly if the vet has Trupanion software.
• Option for a $0 deductible.
• Stable rates as your pet ages.
• No minimum age for enrollment.
• Expensive compared to competitors.
• Pets must be enrolled before 14 years of age.
• No discounts.
• No coverage for exam fees.
• No wellness plan.

Our Partner

Paw protect, maximum annual coverage, average monthly cost for dogs, average monthly cost for cats.

About Trupanion pet insurance

Offering pet insurance since 2000, Seattle-based Trupanion can pay your vet directly if the vet has Trupanion software. You can also contact Trupanion 24/7 to get pre-approval before your pet receives care. This can help you make the best decision for your pet and your budget. 

Although Trupanion doesn’t offer a wellness plan, it offers three optional coverage riders: complementary and recovery care, pet owner assistance and a breeding pet rider. Trupanion is one of the most expensive carriers we reviewed and it did not make our rating of the best pet insurance companies . 

What Trupanion covers

Pet insurance from Trupanion covers:

• Congenital conditions.
• Diagnostic testing.
• Herbal therapy.
• Hereditary conditions.
• Hospitalization.
• Prescription medications and supplements.
• Prosthetic devices, carts, wheelchairs.Surgery.
• Unidentified issues like weight fluctuations, cough, vomiting and diarrhea.

What Trupanion doesn’t cover

There are several items Trupanion pet insurance doesn’t cover:

• Accidents or illnesses that develop during the waiting period.
• Anal gland expression.
• Bedding, housing, crates, nonprescription foods and other non-veterinary pet expenses.
• Cremation or burial expenses.
• Elective or cosmetic procedures.
• Losses due to war, invasion, riots, nuclear reaction and other hostilities.
• Pre-existing conditions.
• Racing or intentional injuries.
• Routine and preventive care.
• Spaying or neutering.
• Transportation expenses.

Best pet insurance companies comparison

Via Petted’s website

Average monthly pet insurance cost assumes unlimited reimbursement (or the highest level offered by that company), a $500 deductible and a 90% reimbursement percentage for a dog insurance accident and illness plan. These average pet insurance company rates are based on dogs and cats of various ages, breeds and ZIP codes. Source: PetInsurer.com.

Trupanion pet insurance review FAQs

No, Trupanion pet insurance provides unlimited annual coverage. Once you have met your deductible, you will only be responsible for 10% of the remaining balance for covered expenses, with no cap on coverage.

Trupanion pet insurance does not offer a wellness plan. The company is there to help with emergency veterinary care for your pet’s accidents and illnesses, but not routine and preventive care. 

Trupanion pet insurance is expensive compared to other companies in our rating of the best pet insurance . 

Shopping for coverage? How to compare pet insurance quotes

Blueprint is an independent publisher and comparison service, not an investment advisor. The information provided is for educational purposes only and we encourage you to seek personalized advice from qualified professionals regarding specific financial decisions. Past performance is not indicative of future results.

Blueprint has an advertiser disclosure policy . The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone. Blueprint adheres to strict editorial integrity standards. The information is accurate as of the publish date, but always check the provider’s website for the most current information.

Mandy is an insurance writer who has been creating online content since 2018. Before becoming a full-time freelance writer, Mandy spent 15 years working as an insurance agent. Her work has been published in Bankrate, MoneyGeek, The Insurance Bulletin, U.S. News and more.

Scott Nyerges is a veteran journalist with experience in insurance and consumer reviews. Before contributing to USA TODAY Blueprint, Scott was the senior insurance editor and content strategist for U.S. News and World Report. He's also written and edited for Consumer Reports, MSN, Cheapism and Consumer Search. He loves helping people make smart money decisions. Scott's expertise lies in car insurance, home insurance, life insurance, pet insurance and small business insurance. He has a bachelor's degree in journalism from The University of Missouri-Columbia.

Heidi Gollub is the USA TODAY Blueprint managing editor of insurance. She was previously lead editor of insurance at Forbes Advisor and led the insurance team at U.S. News & World Report as assistant managing editor of 360 Reviews. Heidi has an MBA from Emporia State University and is a licensed property and casualty insurance expert.

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