June 1, 2020
Due to travel restrictions, plans are only available with travel dates on or after
Due to travel restrictions, plans are only available with effective start dates on or after
Annual travel insurance is the best-kept secret of savvy travelers. Buy it once and you’re protected for 365 days, no matter where you roam!
But is it right for you? If any of these reasons apply to you, then the answer may be yes.
> Considering buying annual travel insurance in case your trips are affected by COVID-19? We are currently offering certain temporary claim accommodations if you, a traveling companion, or your family member becomes ill with COVID-19. Also, our AllTrips travel insurance plans now include the Epidemic Coverage Endorsement, which adds covered reasons to select benefits for certain losses related to COVID-19 and any future epidemic. (Benefits vary by plan and are not available in all jurisdictions). To see if your plan includes this endorsement and what it covers, please look for "Epidemic Coverage Endorsement" on your Declarations of Coverage or Letter of Confirmation. Terms, conditions and exclusions apply. Benefits may not cover the full cost of your loss. All benefits are subject to maximum limits of liability, which may in some cases be subject to sublimits and daily maximums.
Many people insure only the biggest trip they take each year, like the family beach vacation or holiday cruise. It’s smart to safeguard that travel investment, but what about the rest of your travel plans?
If you’re planning three or more trips in the next 12-month span, then an annual plan can protect all those adventures and save you money. Big vacations, weekend getaways, road trips, business trips — they all can be covered for one affordable price.
If you typically travel with a spouse, partner and/or children, insurance becomes even more important. That’s because when you’re traveling as a family, the chances of something going awry are higher — and you want to make sure your loved ones are protected.
An annual travel insurance plan that covers your whole family can be surprisingly affordable! The AllTrips Premier plan can cover you and your household for all the trips you take in 365 days, whether together or separately. Remember: Peace of mind is priceless.
You book vacations a year in advance. Your suitcase is packed three days before departure. You know exactly where your passport is. If you’re the type of person who likes to be prepared for every eventuality, then annual travel insurance was made for you.
Why? When you purchase an annual plan, you get the advantage of a long coverage window. In other words: The earlier you purchase insurance, the sooner you can be protected by your trip cancellation benefits. Trip cancellation benefits begin on your plan’s effective date, as long as we receive your premium before you cancel your trip or make a claim. (If you buy travel insurance online, the effective date is the day after we receive your order.) This means you get the peace of mind of knowing you have cancellation benefits, even if your departure date is months away.
You book vacations a week in advance. You’re still throwing shirts in your suitcase the day of your departure. And you know your passport’s around here somewhere… If you’re the spontaneous type of traveler, annual insurance is an absolute must.
That’s because if you wait to buy insurance until the last minute, you’ll lose out on certain valuable protections. Trip cancellation benefits may not be available, for example. Or, if a potential travel disruption — such as a major storm — is already on the horizon when you buy your plan, travel insurance won’t be able to protect you from losses caused by that disruption.
With annual insurance, you have one less thing to think about, because you already have protection. You can focus on other urgent matters, like finding that passport!
Some budget travelers skip travel insurance to save money. They don’t realize that the cost of not having travel insurance can far exceed the cost of buying it! If you have to cancel your trip last-minute, for instance, you could lose all the money you’ve paid. Or, if you have a medical emergency while traveling overseas, the cost of medical transportation to a hospital and back home can potentially hit six figures.
A multi-trip plan can be the most affordable way to protect all your travels. Crunch the numbers for yourself: Get a quote for single-trip insurance for each planned trip, then compare the total to the cost of an annual plan. Allianz Global Assistance offers different levels of multi-trip insurance, from the super-affordable AllTrips Basic to the AllTrips Premier Plan, which can cover your whole household.
The weekend beach trip. The girls’ getaway. The obligatory road trip to see the grandparents. Most travelers don’t insure these shorter trips, because it doesn’t seem worth the effort — but that means if something goes wrong, they’re not protected.
If you have an annual insurance plan, all these little getaways can be covered! Allianz Global Assistance defines a “trip” as any time you travel to, within, and/or from a location at least 100 miles from your primary residence.
If you rent cars often for personal or business trips, then you already know you can end up paying hundreds of dollars extra for the rental car company’s collision loss/damage insurance. There’s no need to do that if you’re already protected by your annual travel insurance plan.
Among the many benefits of our AllTrips plans is the Rental Car Damage Protector. This benefit can cover costs if a car you're renting is stolen or is damaged in an accident or while it's left unattended (not available to residents of all states).
As always, read your plan coverage documents in full before you leave for your trip. Safe travels!