Annual Plan Review
 The Good: Simple annual plan that provides coverage for unlimited trips; rates do not vary by age; worldwide assistance and concierge service is included.
The Drawbacks: Lower medical coverage of $10,000 for an accident or illness; lower evacuation coverage of $50,000 The Bottom Line: Travelex travel insurance provides solid, trustworthy products with several optional coverages to let you customize your plan. Their annual plan is perfect for the frequent traveler seeking year-round coverage Where to buy this policy:1. Get a quote/buy direct from the company- Get a quote and enroll online directly at the Travelex website. This a a good choice if you have decided on Travelex and are ready to enroll. 2. Compare Quotes from all companies- If you are still undecided but would like to start with some quotes, the best way is to use a comparison website (similar to using Expedia or Travelocity for airline tickets). There are several, but we recommend a comparison site called Squaremouth.com to get instant quotes and enroll online. Squaremouth.com only works with reputable companies, and you can get instant quotes and purchase instantly online with a credit card. |
This travel insurance plan is perfect for…
- Frequent travelers- The annual multi-trip plan from Travelex provides, with one policy, coverage for unlimited trips.
- Business travelers- Great for frequent business travelers
- Vacationers- For everyday travelers who take several vacations throughout the year, this will provide annual peace-of-mind
Overview of Annual Plan from Travelex:
- Provides $10,000 of coverage for an accident, or a sickeness
- It provides $50,000 of emergency evacuation coverage
- $1,000 coverage for lost, stolen, or damaged baggage
- Toll-free, 24/7 emergency assistance and concierge advice from anywhere in the world
The Annual plan offers the frequent business traveler great peace of mind with simple rages and great medical coverage. The plan comes with a standard sickness and accident protection and a large medical evacuation/repatriation benefit amount to ensure that your health and return of mortal remains are assured even if you are traveling alone.
This plan is designed for frequent travelers who do not require trip cancellation coverage because, of course, you HAVE to get there. The plan can be customized with flight accident coverage for the insured’s peace of mind regarding his or her family. Children are not included in this plan.
Frequent travelers will enjoy the wide range of standard concierge services bundled with the emergency travel assistance. Access to information on local customs and attractions, dining recommendations, event tickets and more are available at your fingertips.
Where to buy this policy:
1. Get a quote/buy direct from the company- Get a quote and enroll online directly at the Travelex website. This a a good choice if you have decided on Travelex and are ready to enroll.
2. Compare Quotes from all companies- If you are still undecided but would like to start with some quotes, the best way is to use a comparison website (similar to using Expedia or Travelocity for airline tickets). There are several, but we recommend a comparison site called Squaremouth.com to get instant quotes and enroll online. Squaremouth.com only works with reputable companies, and you can get instant quotes and purchase instantly online with a credit card.
What is the coverage with the Annual Plan?
Primary medical coverage
This coverage provides emergency medical coverage if you become ill or are injured while traveling and need medical attention. This plan provides up to $50,000
Medical Assistance
This coverage provides emergency medical coverage if you become ill or are injured while traveling and need medical attention. This plan provides up to $10,000 in covered expenses for either an accident or illness.
Emergency Medical Evacuation
This coverage provides reimbursement for the cost to transport you or other covered members of your party to a medical facility to receive care. This coverage also ensures repatriation or return of remains. This plan provides up to $50,000 in covered medical expenses. Repatriation is covered up to a $5,000 limit.
Accidental death and dismemberment up to $25,000.
Baggage and personal effects loss or delay
This coverage provides reimbursement for lost, stolen, damaged or delayed baggage and personal effects up to $500 per day for a maximum of $1,000.
Flight accident
This coverage provides reimbursement for accidental injuries resulting in a loss which occurs while the insured is riding as a passenger in or on, boarding or alighting from, any air conveyance operated under a license for the transportation of passengers for hire during the trip. This plan provides a selectable coverage amount up to a maximum of $300,000.
Optional coverage includes:
Accidental flight coverage provides reimbursement for accidental injuries resulting in a loss which occurs while the insured is riding as a passenger in an air conveyance. The maximum amount can be selected from either $100,000 or $200,000 in coverage.
Coverage limitations:
Trips are limited to a maximum of 180 days.
Where to buy this policy:
1. Get a quote/buy direct from the company- Get a quote and enroll online directly at the Travelex website. This a a good choice if you have decided on Travelex and are ready to enroll.
2. Compare Quotes from all companies- If you are still undecided but would like to start with some quotes, the best way is to use a comparison website (similar to using Expedia or Travelocity for airline tickets). There are several, but we recommend a comparison site called Squaremouth.com to get instant quotes and enroll online. Squaremouth.com only works with reputable companies, and you can get instant quotes and purchase instantly online with a credit card.
