Annual/ Multi Trip Travel Insurance
The Multi-Trip Travel Insurance Plan is specially designed for the frequent international traveler. The policy is valid for 1 year (365 Days) and you can choose 30, 45 or 60 days as the maximum duration per trip.
It saves a frequent flier time & money as you pay an annual one-time premium and can secure as many trips throughout the year. Multi-trip has no extension hassles and insures all your trips throughout the year.
Multi Trip Travel Insurance Features
Eligibility: For all ages between 18 years -70 years. However, some companies offer annual multi trip insurance for age as low as 6 months too. For age above 70 years, insurance may be obtained by special approval and at the sole discretion of the insurance company, on case to case basis.
Policy Duration: Policy is issued for 365 days and maximum days covered per policy year are 180 days. You can choose 30, 45 or 60 days as the maximum duration per trip.
Policy Maximum (Coverage Amount): Various coverage options are offered in the range of US $ 50,000 to US $ 500,000.
Max Trips per Policy: Multiple trips per policy period are covered. There is a restriction of maximum days (Mostly 180 Days) covered during the year.
Pre-existing diseases: Pre-existing ailments and maternity are generally excluded. There are few companies which provide coverage in case of life-threatening situations i.e. until the insured's health is stable.
Deductible/Policy Excess: There is a Deductible/Policy Excess of US$ 50-100 depending upon the plans. This implies that for any claim the first $50-100 are to be borne by the insured.
Additional Coverage: Coverage includes Dental Treatment, Medical Evacuation, Repatriation, Baggage Loss/Delay, Trip Cancellation and Interruption etc. Emergency Cash Advance may be covered in some plans.
Renewal: The policy can be renewed after completion of one year.
Premium: Plan Premium is based upon your destination, Coverage Amount, Age and max days per trip.
Exclusions: General Physical Checkup, pre-existing conditions, Vision (Eye Test, Eye Glasses, and Contact Lens), Pregnancy and Prenatal Care is not covered by any of the Plan. Besides these, there could be other exclusions which are mentioned in the policy wordings.
Claim: In order to make a claim; you need to contact the Insurer or Third Party Administrator (TPA) of the Insurance Company, which has tie-ups with network hospitals worldwide. TPA information is provided in the Insurance policy.