In travel insurance, there are 2 types of services namely single and annual. Each type of trip provides different benefits. Here’s the comparison. Travel insurance has many benefits especially when you travel. Certainly as a human being, we can not predict the possibility of the occurrence of undesirable things on the way.
For example, flight cancellations, accidents, illness, loss of goods, and so forth. Therefore, the role of travel insurance can be felt if these events occur. With travel insurance, your trip becomes more comfortable. Based on its services, travel insurance has two types, namely single trip and annual trip. So, what are the differences?
Differences in Single and Annual Travel Insurance
A single travel insurance is a daily insurance that provides cover during your one-time trip. This insurance is suitable for those who simply want a vacation or a business trip at a time.
You can also invite families to travel together, provided that already registered family members to follow travel insurance. Of course the premium price is different from registering family members. But if you want to travel again, you must apply again. While the annual travel insurance is a valid insurance within a period of one year, with the same coverage area. By using this type of insurance, you can freely travel within a year.
Annual travel insurance is suitable for frequent business or leisure travelers. Because the fall can be cheaper than single travel insurance, and no longer need to go back and forth to buy travel insurance premiums every time you want to travel. Just like a single travel insurance, this type of insurance can include families in transit. Of course before you have to register family members to follow travel insurance. For coverage area, single or annual travel insurance covers domestic to international. However, the area depends on the package offered by each travel insurance product.
How is the Premium?
Single or daily travel insurance premiums vary widely, according to the type of travel protection package to be followed (individual or family, as well as destination). As a side note, travel insurance providers have different names for their programs.
After determining the travel insurance package and completing the document requirements for registration, the travel insurance provider will issue your policy within 24 hours. However, it is better if you register travel insurance 7 days before departure trip.
General Conditions for Travel Insurance
The average travel insurance provider provides the following conditions.
-The travel insurance application must be made no later than 1 (one) day before the departure date of the trip.
-The participant (individual package) minimum is 18 years.
-For family packages, minimum family members 1 year old up to 80 years old.
– Participants who can participate in travel insurance is to be in good health when about to travel.
-Citizens or foreigners who have legal identity documents such as ID cards
How To Register Travel Insurance
When talking about which one is better, both (singular and daily) certainly have their own advantages. Customize which travel insurance fits your travel needs.