There are two kinds of travel insurance – single and annual multi-trip plans. The former allows you to pay for the number of days you need, and is usually the cheapest for one-off vacation. However, if you have two or more trips per year, you may want to consider an annual plan.

An annual plan covers you in most countries and up to a certain number of trips a year. Not only is it cheaper, but the one-time application process will also save you lots of hassle and time. You will also enjoy one point of contact for 24-hour travel assistance. This is recommended for business expats and travellers who have loved ones overseas.

Many do not know this, but there are still plans available for last-minute insurance shoppers who have already left the home country. So, do not worry and check with your travel insurance adviser.