suebee53 Posted March 29, 2022 #1 Share Posted March 29, 2022 I've recently learned that one can buy a year's worth of travel insurance to cover all trips, including road trips. I'm looking for feedback and recommendations on this. Thanks in advance! Link to comment Share on other sites More sharing options...
lasekeye Posted March 29, 2022 #2 Share Posted March 29, 2022 We have been doing this for years! You do have to set the length of travel that you will be doing & for long trips, you must cross back into your country (after 90 days I think), purchase something (gas…meal & keep the receipt), then you can leave again. Every insurance company will prob be diff, but here in Canada it’s a real thing. More economical than purchasing travel ins. for every trip…if you travel a lot. Link to comment Share on other sites More sharing options...
suebee53 Posted March 29, 2022 Author #3 Share Posted March 29, 2022 I've recently learned that one can buy a year's worth of travel insurance to cover all trips, including road trips. I'm looking for feedback and recommendations on this. Thanks in advance! Link to comment Share on other sites More sharing options...
RoePost Posted March 29, 2022 #4 Share Posted March 29, 2022 I just purchased one this year for the first time. It started in January. I bought it from Allianz and you can almost customize it to what you are looking for... We are seniors (73, 68) and our policies including evacuation coverage...health...cancellations,,...etc was $700 for the entire year. I thought that was a pretty good deal. Hope I never have to use it.... 2 Link to comment Share on other sites More sharing options...
Spanish Wells Posted March 29, 2022 #5 Share Posted March 29, 2022 How does annual travel insurance work Link to comment Share on other sites More sharing options...
Travelling2Some Posted March 29, 2022 #6 Share Posted March 29, 2022 23 minutes ago, RoePost said: I just purchased one this year for the first time. It started in January. I bought it from Allianz and you can almost customize it to what you are looking for... We are seniors (73, 68) and our policies including evacuation coverage...health...cancellations,,...etc was $700 for the entire year. I thought that was a pretty good deal. Hope I never have to use it.... That is good to hear. I was told that it has been hard to buy annual coverage in NY. Our circumstances are similar to yours and we will be interested in it going forward since we will be taking more international trips to make up for all the travels we had to cancel during Covid. Once you pass 65 there is additional concern because Medicare does not cover us outside the United States and most of us have developed some of those pesky pre-existing conditions . Link to comment Share on other sites More sharing options...
Babr Posted March 29, 2022 #7 Share Posted March 29, 2022 9 minutes ago, Spanish Wells said: How does annual travel insurance work It covers medical and evacuation when you are away from home during the policy period, but cancellation benefits are capped. Allianz allows you to choose the amount up to $15,000, I think - haven’t looked lately. The point is that the amount is fairly low if you travel often. You could exhaust the entire amount with one claim and be left without any cancellation coverage for the remainder of the year. Link to comment Share on other sites More sharing options...
ridge4 Posted March 29, 2022 #8 Share Posted March 29, 2022 We are also using annual insurance, purchased from Travel Insured. In our case, we purchased medical only. Our credit card has good cancellation benefits, but lousy medical. We use the two together. Cannot comment on claims, haven’t had one yet. But for us, at least, it was much cheaper. 1 Link to comment Share on other sites More sharing options...
luckyinpa Posted March 29, 2022 #9 Share Posted March 29, 2022 make sure, if you are interested, that any insurance you buy has cancel for any reason coverage. in my limited research, no annual plan has this, if you find one please post it! once all this covid and travel policies go away, CFAR will be still very important Link to comment Share on other sites More sharing options...
Rare RobInMN Posted March 29, 2022 #10 Share Posted March 29, 2022 There's a whole sub-board for Insurance.😉 I don't know if it's sponsored by him or what, but we contacted Steve from TripInsuranceStore and also purchased annual insurance for the first time this year. We have 2 policies, one for medical, and one for trip cancellation. Along with the info in that sub-board, his website has a number of items in the FAQ. https://boards.cruisecritic.com/forum/499-cruisetravel-insurance/ 1 Link to comment Share on other sites More sharing options...
time4u2go Posted March 29, 2022 #11 Share Posted March 29, 2022 Obviously you should check your current medical insurance (and possibly your credit cards) first to see what's covered, so as not to over-insure unnecessarily. 1 Link to comment Share on other sites More sharing options...
ssb Posted March 29, 2022 #12 Share Posted March 29, 2022 Allianz has 3 levels of coverage for Annual Travel Insurance and covers international and domestic travel year around 1 Link to comment Share on other sites More sharing options...
flamingos Posted March 29, 2022 #13 Share Posted March 29, 2022 Got it. I'm glad she posted it originally where it could be seen - I had never heard of it before! Link to comment Share on other sites More sharing options...
Babr Posted March 29, 2022 #14 Share Posted March 29, 2022 Be careful about relying on any credit card for cancellation. None of them cover cancellation caused by a pre-existing condition. Be sure you understand that term and whether it applies to you. Your status could change at any time if you seek treatment, receive a diagnosis, or even have an RX change. None offers Cancel for Any Reason. Coverage for other travel risks can be rather skimpy. Trip delay, if it is offered at all, is usually $500. That is the provision that will pay for quarantine expenses if you find yourself so detained. Unless your cruise line is still providing assistance, you won’t have adequate coverage. 1 Link to comment Share on other sites More sharing options...
bmblob Posted March 29, 2022 #15 Share Posted March 29, 2022 I had previously bought a single trip policy from Allianz and found that the annual global coverage was only a bit more and made much more sense if you travel more than 2 times a year. There are several levels of coverage but hopefully you can find what suits you the best. All the insurance carriers have relatively equivalent products to offer. 1 Link to comment Share on other sites More sharing options...
not-enough-cruising Posted March 29, 2022 #16 Share Posted March 29, 2022 I have had an annual policy from Trawick international for several years. I have made 2 claims on it, and was pleased with the way they were handled. It covers you anytime you are 150 miles or more away from your home address. The nice thing about this policy, is that it views Covid-19 exactly the same as any other illness, no exclusions. 4 Link to comment Share on other sites More sharing options...
MikeTheNFT Posted March 29, 2022 #17 Share Posted March 29, 2022 Definitely shop around and read the fine print. But generally yes, annual plans are GREAT. If you travel twice per year they usually break even or are cheaper, if you travel more they are far cheaper than insuring separately. They also tend to be pretty customizable, so you can pick plans based on total, or up the amount of dollars per day in case of delay (to make sure you can afford hotels if needed, etc). I highly advise it! Also as others have mentioned, that guy who responds to everyone on the insurance board really seems to put in the work. Might be worth checking with him or asking some questions over there, too! 1 Link to comment Share on other sites More sharing options...
gatour Posted March 30, 2022 #18 Share Posted March 30, 2022 One thing to keep in mind, is the state you live in may affect your coverage. Read the fine print to make sure you are buying the coverage that covers residents of your state. 2 Link to comment Share on other sites More sharing options...
GEORGIEGIRL Posted March 30, 2022 #19 Share Posted March 30, 2022 We have had an "annual" insurance policy with "Allianz" for the past 7 months and have traveled 3 times out of the country (2 cruises and 1 land tour) and we have 3 more cruises booked before our 1 year is up. So far we haven't had to use it (thank goodness) but, it has been nice knowing that we have it. (we actually bought the most inclusive option that they offered, about $500.00 total for 2 people w/Covid-19 coverage). We knew that we were going to be travelling quite a bit in the upcoming year so the "annual" plan made sense for us. We are glad we have it as a safety net, just in case. However each persons situation is different. 1 Link to comment Share on other sites More sharing options...
SRF Posted March 30, 2022 #20 Share Posted March 30, 2022 The state you live in will also affect which companies you can purchase from. I cannot get GeoBlue in MD. I do not insure cancellation. My thinking is, I have paid for the trip. I would be unhappy, but it would not be an unexpected financial hit to cancel. But medical or med evac could be a HUGE hit. So I insure against that. I typically pay about $35 per trip for a $0 trip cost policy. If I cover up to $500 of trip cost, the policy price goes up to about $50. 1 Link to comment Share on other sites More sharing options...
flamingos Posted March 30, 2022 #21 Share Posted March 30, 2022 Thanks for the information - I did not know this was available. We were about to get our annual travel medical policy, and will now look into this since it covers medical as well. Link to comment Share on other sites More sharing options...
flamingos Posted March 30, 2022 #22 Share Posted March 30, 2022 14 hours ago, not-enough-cruising said: I have had an annual policy from Trawick international for several years Just checked them out: Safe Travel Annual Plans are not available for residents of Oregon, Florida, New York or Washington Link to comment Share on other sites More sharing options...
ridge4 Posted March 30, 2022 #23 Share Posted March 30, 2022 20 hours ago, luckyinpa said: make sure, if you are interested, that any insurance you buy has cancel for any reason coverage. in my limited research, no annual plan has this, if you find one please post it! once all this covid and travel policies go away, CFAR will be still very important The annual plans by Travel Insured offer a CFAR option. Link to comment Share on other sites More sharing options...
AshleyDillo Posted March 30, 2022 #24 Share Posted March 30, 2022 I have an annual policy from Allianz. It's way more affordable than paying for a policy for each cruise that I have booked plus it covers me on ANY trip that I take that's more than 100 miles from home. I had a flight delay once and the insurance covered my extra rental car and meal costs during the delay. You do have to be careful with ALL insurance policies to read them carefully and understand the coverage. In order to even qualify to make a claim you have to make sure you meet certain conditions. A lot of folks quip, "You should have gotten travel insurance," for a lot of things that would NOT have been covered under a travel insurance policy. For example, you can't proactively make changes that result in extra costs to prevent a claim and expect the insurance company to cover it such in the case of changing a flight because of a storm. You have to actually suffer the loss in order to make a claim. The insurance company won't pay that change fee to prevent you from getting stuck and having to book a last minute alternative flight to make your cruise, but they'll pay for that $$$$ last minute flight you had to book because your original flight was canceled 🤨 3 Link to comment Share on other sites More sharing options...
ridge4 Posted March 30, 2022 #25 Share Posted March 30, 2022 (edited) 19 hours ago, Babr said: Be careful about relying on any credit card for cancellation. None of them cover cancellation caused by a pre-existing condition. Be sure you understand that term and whether it applies to you. Your status could change at any time if you seek treatment, receive a diagnosis, or even have an RX change. None offers Cancel for Any Reason. Coverage for other travel risks can be rather skimpy. Trip delay, if it is offered at all, is usually $500. That is the provision that will pay for quarantine expenses if you find yourself so detained. Unless your cruise line is still providing assistance, you won’t have adequate coverage. While I agree that the fine print of any coverage should be examined closely, I think many people misunderstand the definitions of “pre-existing condition” in many policies. For example, the definition of the coverage on the Chase Sapphire Reserved card reads: Pre–existing Condition – illness, disease or accidental injury of You or Your Traveling Companion, Your Immediate Family Member or the Immediate Family Member of Your Traveling Companion, for which medical advice, diagnosis, care or treatment was recommended or received within the sixty (60) day period immediately prior to the initial deposit or booking date (whichever occurs first) of a Trip; the taking of prescription drugs or medication for a controlled condition throughout this sixty (60) day period will not be considered to be a treatment of illness or disease; additionally, regular antenatal care, through twenty–six (26) weeks gestation, provided it is a single, uncomplicated pregnancy which does not arise from services or treatment associated with an assisted reproductive program, including but not limited to in vitro fertilization, is not considered to be a treatment of illness or disease. Therefore, we are not covered for any condition that changed during the 60 day period prior to trip booking or deposit. It is not correct, in this case, to state that our status could change at any time and affect coverage. RX for a controlled condition is not considered treatment. Again, read and understand your coverage, but I think many people could be wasting money on coverage for pre-existing conditions. Edited March 30, 2022 by ridge4 1 Link to comment Share on other sites More sharing options...
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