The Multi-Trip Annual is the latest product from travel insurance provider battleface. Policy prices start at $92.27, with cover for one full year of trips up to 40 days long, as long as each one is at least 100 miles from home.
battleface said this type of coverage is ‘ideal for frequent and spontaneous travellers’ and is ‘cost-effective’.
The insurance includes:
- Trip cancellation/trip interruption – if you cancel or interrupt your holiday due to covered unforeseen circumstances, battleface can cover up to 100 per cent of trip cancellation or 150 per cent of trip interruption expenses, up to the annual limit chosen
- Travel medical expenses – the new policy will cover up to $250,000 per year for cost of medical expenses. Emergency medical evacuation is also included up to $500,000 per year, with options to be transported to the nearest medical facility or home
- Trip delay – $1,000 or $200 per day, per year, for expenses you may incur for an unexpected hotel room, meals or local transportation as a result of a delay
- Baggage loss and delay – if luggage is lost, stolen or damaged while on holiday, you can make a claim and receive compensation up to $2,000 per year (up to $1,000 per item, $100 deductible). If your luggage is delayed on the way to the destination, the policy can cover up to $750 ($100 per day) per year, with a minimum of 24 hours delay for the cost of replacement items you buy while waiting.
Lisa Conway, Chief Underwriting Officer at battleface, said: “Travellers are now looking for ways to protect themselves against costs associated with trip cancellations, disruptions and unexpected medical emergencies that have become increasingly common.
“If you’re thinking about travelling a few times a year, taking out multi-trip annual insurance will enable you to travel spontaneously without having to purchase a policy for every single trip.”