backpacker travel insurance

While it may not actually be a secret, many people are unfamiliar with a particular travel insurance policy that could save them money; an annual policy. Unlike single trip policies that only cover you for one trip, annual travel insurance policies offer you emergency medical coverage for every trip you take within 12 months of buying your policy. backpacker travel insurance

Add it up and save

At first glance, getting annual travel insurance may seem like overkill, but just think of how many times you may have travelled in the last year; family vacations, business trips, spring break getaways, and weekend jaunts across the border for shopping or sporting events. Add it all up and often an annual policy works out to be cheaper than backpacker travel insurancepurchasing a single-trip policy per trip in a year; and in some cases, it’s even cheaper than buying just one!

The annual policy advantagebackpacker travel insurance
An annual travel plan is valid for 12 months, and you can travel as many times as you like during the year, as long as you don't exceed the maximum trip duration for the policy which you’ve purchased, generally 15 or 30 days in length. There is more choice than this however because through kanetix.ca you can get quotes from competing insurers that offer nine, 16, 35 and 60-day multi-trip travel insurance plans as well, so there is room for flexibility.backpacker travel insurance

The biggest advantage of purchasing annual travel insurance is that you don't need to arrange for emergency medical coverage for each separate trip you take, which means you're not only saving money, but time as well!backpacker travel insurance

How the savings can apply to you
While every person’s travelling situation is unique, the following realistic scenarios show how an annual policy might be the right choice when it comes time to buy travel insurance.*

Single 25-year oldsbackpacker travel insurance
Do you take frequent trips across the border to go shopping? Travel to the U.S. for sporting events? Then you could be saving money by simply getting an annual travel insurance policy rather than paying for your travel insurance per trip. In fact if you take more than 2 weekend trips a year, you're already saving with an annual policy!

Couples between the ages of 25-35backpacker travel insurance
For couples, where coverage applies to both travellers, all it takes for an annual policy to be the cost-effective purchase is:

Two weekend trips and a one-week holiday, or
One two-week holiday and one jaunt across the border for a weekend
Families with children
If you’re a family with a teenager, you generally benefit most from purchasing annual travel insurance. For a family that plans to take one two-week vacation a year, it will cost less to get annual insurance rather than getting a single-trip travel insurance policy.backpacker travel insurancebackpacker travel insurance

Couples aged 60-70
Do you take more than two 14 day vacations a year? Then you can save on your travel insurance by purchasing annual travel insurance over single-trip insurance.backpacker travel insurance

Annual travel insurance can save you moneybackpacker travel insurance
So whether you're already a frequent traveller, or are planning to travel a fair bit over the next year, getting annual travel insurance may save you more than you think.backpacker travel insurancebackpacker travel insurance