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Why is Annual Travel Insurance a Great Gift for Travelers?

annual travel insurance gift
Allianz - annual travel insurance gift

Colorful luggage tags? A super-squishy neck pillow? A stylish pair of travel underwear?

It’s tough to know what to buy for the traveler in your life — especially now, when their plans are uncertain. We have a solid-gold suggestion: an annual (or multi-trip) travel insurance plan.

It’s not the easiest thing to wrap. But it’s a great gift, because it can protect all your recipients' trips — long or short, international or domestic, planned or spontaneous — for 365 days.

Considering buying annual travel insurance in case your loved one's 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.

1. Travel insurance is the perfect gift for people who want “experiences, not things.”

More and more people are trying to pare down their possessions, downsize and declutter — and receiving gifts, no matter how well-intentioned, just gets in the way. An alternative approach is to give something consumable, like chocolate or candles, but that’s not really going to thrill anyone.

Here’s a better idea: Give something that will delight your recipient and make them feel loved all year long. A multi-trip insurance plan is super-easy to buy and even easier to use. It automatically covers all the insured person’s trips for 365 days, without them having to do anything. Fall leaf-peeping trip? Summer beach trip? Spontaneous ski weekend? They’re all protected.

2. Annual travel insurance fits every budget.

You might expect to spend a lot of money for insurance that lasts 365 days. Nope! AllTrips plans are designed to provide affordable coverage for all kinds of frequent travelers, wherever they roam. The most affordable option is the AllTrips Basic Plan, which includes a full range of post-departure benefits to protect someone while they’re traveling: emergency medical, emergency medical transportation, baggage loss/damage, baggage delay, travel delay, and rental car damage/theft coverage. It does not include trip cancellation/trip interruption benefits, however.

If you want to give even more protection, the AllTrips Prime Plan includes all the benefits of AllTrips Basic, with the addition of trip cancellation and trip interruption benefits.

3. Annual travel insurance can be worth much more than you paid.

Let’s take the AllTrips Prime Plan, which includes up to $3,000 in trip cancellation and trip interruption benefits. The plan itself may cost less than $300. So if the insured person reserves an Airbnb cottage for a week and then has to cancel for a covered reason, then the trip cancellation benefits can reimburse their nonrefundable expenses. Already, your generous gift has paid for itself, many times over.

4. It’s a great fit for anyone who loves a spontaneous getaway.

After months of lockdowns and restrictions and being cooped up at home, travelers are once again venturing out to places they love. An annual plan isn’t just for international adventures! It can protect a year’s worth of road trips and weekend escapes too.

5. An annual travel insurance is the perfect gift for procrastinators — to give or receive.

You waited until the last minute to find a travel-themed gift, and now you’re out of luck. That suitcase you were eyeing? Sold out. The pickpocket-proof pants? Not available.

Guess what? You can give an amazing last-minute gift by purchasing annual travel protection online. Find the right plan. Purchase it online. You can set the effective date for the day after tomorrow, or the first of the month — whenever you want. Done.

Annual travel insurance is great for travel procrastinators, too. If your loved one habitually forgets to buy insurance for their trips, then an annual plan can ensure they’re protected.

6. You’re secretly giving yourself a present: peace of mind.

If you love someone who loves to travel, you know that worrying is part of the deal. Is my daughter going to be OK backpacking on her own? Is my boyfriend going to hurt himself skiing? What if my parents have an emergency on their cross-country RV trip?

An annual travel insurance plan can put your mind at ease, because it’s a trusted travel companion for your loved one. Not only are they protected in case of common travel mishaps — like covered illnesses, lost bags and unexpected delays — but they also get round-the-clock access to our Assistance services. Our team of travel experts can help with all kinds of travel dilemmas: lost documents, interrupted plans, unexpected emergencies and more. And when a traveler downloads the free, powerful TravelSmart app, they get instant access to Assistance services, claims processing and all the benefits of their AllTrips plan, all year long.

Find the perfect annual travel insurance plan — for yourself or someone else!

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