With political revolutions in North Africa and across the Middle East, earthquakes, tsunamis, volcanic eruptions, and more, travelers across the globe are looking into purchasing their travel insurance plans early. Not only because most plans require you to purchase your plan soon after making your initial trip payment, but also due to recent payouts and the potential for rising costs.
Due to payouts from multinational companies required to cover the losses due to the latest round of disasters and bad weather this past winder, prices of travel insurance products you may need to cover your vacation in the coming months may go higher.
Consider buying an annual plan at today’s prices
Under annual travel insurance plans, multiple trips are covered with the same benefits without having to have your travel plans locked down tight. You’ll be covered for the next year for any trips you want take.
In addition, multi-trip plans are available in many duration periods, so if you only want to cover the coming summer travel months, you’ll be set.