Often, you will want to take a single, short trip and need travel insurance. Buying long term is not necessary and will often cost more, so you may find that purchasing single trip insurance is a better option.
In general, annual trip insurance, while it covers more than one vacation or business trip, covers just the basics. With a single trip insurance policy, you can easily set up your own specifications, depending on the provider. Various options are provided and you can mix and match them quite easily with a single insurance policy.
The ideal candidates for single trip insurance are elderly couples heading out on a cruise, the honeymoon couple taking a break from their jobs to celebrate their union in Hawaii and teens doing a missions trip in Africa, just to name a few. Basically, if you know this is going to be a once in a blue moon thing, leaving the country, you will want to make sure that you only purchase insurance for one trip. This saves you cash that you can easily spend while on your vacation.
Here are a few of the benefits of choosing a single trip travel insurance policy.
Pricing: Single trip travel insurance will be cheaper than multi trip. For anyone who has no plans to take more trips in a year, going with the single one is the best choice.
Trip Cancellation: Your trip may be canceled for any number of reasons, including bad weather, riots, death in the family or any other issue that arises and forces you to cancel. This could be disastrous if you don’t have travel insurance. Single trip insurance can cover this problem and you won’t have to lose all your money on tickets that were canceled. Check with your provider to help you understand all your options in this area.
Medical Evacuation: If you suddenly become ill while on a cruise or traveling elsewhere, you can be evacuated to the nearest competent hospital if needed. For those who are traveling outside of their home country, this can be very useful since hospitals in other countries may not be up to our medical standards. With single insurance, this should be covered for you, but check with your provider, of course, to get all the details.
Lost or Stolen Luggage: Unfortunately, it’s all too common to arrive at your destination and discover that your suitcase has gone to Timbuktu. Rather than losing everything, make sure to purchase a single trip travel insurance that will cover the loss of luggage and make sure that you can replace valuable items like your laptop or iPod.
Lost or Stolen Passport: As you can imagine, it can be pretty bad to lose your documents, such as a passport, overseas. Your insurance will help cover the costs involved with getting a new passport, particularly if it has to be a rush job or a temp passport due to travel timing. This way you won`t have to stress out as much about the cost of new documents.
Single trip travel insurance is ideal for anyone who doesn´t leave home more than once a year. If you are just heading out for a week or so, taking a cruise, attending a business convention elsewhere, etc. you can save quite a bit of money and customize your insurance options with single trip travel insurance.