Single vs Multi-Trip Travel Insurance

  • Author :
  • TATA AIG Team
  • Published on :
  • 29/06/2020

The frequency with which you travel plays a big role in determining what variant of travel insurance you should take. In the article we will break down the difference between single trip & multi-trip travel Insurance, stick around.

Single vs Multi-trip travel insurance- which one do you really need?

The frequency with which you travel plays a big role in determining what kind of travel insurance you should take. For example, if you are an occasional traveller – who travels only once or twice during a year, you should opt for a Single Travel insurance policy. Alternatively, if you are someone who travels more frequently either for work, pleasure or both then the Multi-trip Travel insurance policy may be the more economical option for you.

Single Trip Travel Insurance
To understand what is single trip travel insurance, we first need to understand what is the meaning of single trip. single trip is defined as the duration during when the traveller leaves india & returns back to india Stays active for a single trip taken from the date of the start of the trip to the date the trip ends. Normally, a single trip's maximum duration is 180 days.

Multi-trip Travel Insurance
Now that we've detailed out what is a single trip travel insurance, understanding a Multi - Trip travel Insurance is a walk in the park, its important to note that the multi-trip travel insurance variant is also called annual travel insurance, this type of travel insurance stays active for a year, during this time, the traveller can take as many single trips as he/she wishes provided, the duration of any of the single trips does not exceed 30 or 45 day

Single Trip or Annual Trip - Which one Should You Pick?

Example 1
Mr Vora finds himself flying frequently in and out of the country owing to his many business trips. He is a legal advisor and travels between the UK and India once a month. Each trip lasts for a period of 4-5 days. In his case – with shortstops and frequent trips, multi-trip travel insurance works best. Since he wouldn't have to purchase insurance before every trip, it'd help him save time. He can also renew the policy at the end of the tenure by just paying the premium.

Example 2
Parag and Neha are best friends, who have decided to take one adventure trip to a new destination every year. Other than this they are working in Mumbai, and they only use local transport to travel from home to office and back. For them, the single travel insurance policy is the apt option.

Example 3
Smriti Mishra, a 24-year-old from Mumbai, just graduated from law school and is planning on going for a 2-month backpacking trip in three continents - Asia, Europe and Africa. She plans to come back home to India, in between each of these three backpacking adventures. Multi-trip travel insurance would be the best for her because while she will take multiple trips in 1 year, none of them will extend beyond 45 days each.

Example 4
Mrs Agarwal is recently retired and is desirous of travelling the world. She has had a lifelong dream of making a difference in the world. To achieve both these dreams, she plans to join a women’s empowerment group which will go to many different places around the world – sightseeing, as well as making a difference. Since Mrs Agarwal will be travelling a lot in the next few months, it will be more cost-effective for her to opt for multi-trip travel insurance as opposed to a different getting a different insurance policy every time. She will also get compensated for any delayed or cancelled flights.

Multi-trip policies work out cheaper as well as save you the hassle of applying for a policy each time you travel. So, #ThinkAhead and analyse your upcoming travel plans With TATA AIG, you can avail features like all-round coverage, personal liability issues, and compensation for dental expenses. It's a win-win.

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