Most travellers make sure they buy travel insurance before they go away but this can be a real hassle for the person who travels frequently. To meet their needs insurance providers now offer multi-trip travel insurance. If you are in this category of frequent traveller, this is the policy for you.

For peace of mind and assurance this type of travel policy is the answer and should be thought of as a necessity and not just a luxury. Unforeseen mishaps can happen anyway and just as easily when you are outside your own country. There are many people who have experienced nothing more than a small trip resulting in a broken bone or an apparent minor car accident whilst abroad who have found themselves facing massive medical and legal bills. With insurance they experience few problems, but without it they face untold difficulties, both financial and legal.

Multi-trip travel insurance is designed for travellers so that all of their trips are covered throughout the year. This avoids the need to buy a policy before each trip. Not only is it much simpler handling the renewal just once a year, but it guarantees that you will never forget to arrange cover whilst you are away. Policies do have a trip limit however, which restricts you to maybe 30 or 60 days for each period out of the country. This can often be extended by arrangement with the insurer if required.

Be aware of what sort of coverage you are buying as policies will generally cover trip delays, medical emergencies, loss or damage to baggage and personal belongings, plus a variety of other events, but will not include as standard other coverage that you may require, such as winter sports cover. Be careful to also check that the financial limits that apply to each type of risk are sufficient for you and that the excess, or deductible, that applies to any claim is okay. Generally the lower the excess on the policy the more the policy will cost.

There are many different types of multi-trip travel insurance. There are individual policies, student or backpacker policies as well as family policies that will cover husband, wife and children on the same policy. Before buying look carefully at what you own requirements might be, where you are likely to be travelling to in the forthcoming year and then select a plan that matches those requirements. Compare several policies before committing yourself. You may choose to do the research all yourself, perhaps online, or you may use the services of an insurance agent or broker. Either way, with a clear idea of what you are looking for you will be able to find a good policy at a price that is right for you.

Why then should you purchase multi-trip travel insurance? Most importantly, if you want a relaxing and enjoyable trip without constantly worrying about finding insurance in time, this type of insurance is exactly what you should have. Wherever you are going, whether for pleasure or business, you will know that you are prepared for unforeseen difficulties or events.

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Travel insurance is often looked upon as a pork barrel for insurance carriers, but there are good reasons - and ways - to seriously consider trip coverage.

In our changing times, travelers are older than travelers were a generation ago. People with disabilities, elders, and families with small children are courted by major air carriers, cruise lines, hotels and tour operators, so the traveling population is more eclectic - and possibly at higher risk.

Some of the coverage included in a "packaged" trip insurance policy almost certainly generates a profit for the insurer. The actuarial odds that many travelers will need $100,000 medical evacuation coverage, for example, are probably very long. But mortgage holders also force mortgagees to pay flood insurance for floodplain units on the tenth floor, unlikely to be at risk of water damage. We pay fire coverage in our auto premiums though most of us have yet to own, or see, a car that has burst into flames or was torched or burned in any way.

Travelers traditionally worry most about three things: loss of luggage, illness away from home, and trip cancellation or interruption. Add in the volatile nature of travel today - flights cancelled because of volcanic eruptions, terrorist alerts, labor disputes, political hot spots and cruises at risk because of diseases on board or piracy concerns - and insuring against risk seems less frivolous, indeed.

To evaluate your insurance needs, first find out what insurance coverage you may already have. Check credit card benefits on cards used for travel. Homeowners, auto and health insurance policies also may cover travel related losses or expenses. Read credit card benefits summaries available online, and study insurance policies before deciding what travel insurance you need, if any. If obtuse legal jargon is confusing, call the toll-free numbers for the card companies or insurance carriers and agents for straight answers.

You might also explore the purchase of inexpensive per trip coverage through your credit card. You can cancel that coverage when you return home. A little thoughtful research allows you to know what you have and what you might need if the cost is reasonable. Then you need only decide what supplemental coverage you might consider buying. Set a reasonable dollar limit within which coverage makes sense and stick to it.

When a trip implodes for any reason travel insurance can be invaluable, but these "Buyer Beware" considerations should be heeded before a purchase is made:

1) Study existing policies and benefits. Homeowners, health and auto insurance, and credit card programs may already cover many of your travel needs. Call and ask questions.

2) Do the research necessary to supplement existing coverage with affordable travel policies for specific areas like medical, trip interruption or cancellation and luggage loss. Compare costs from several carriers and buy only what seems necessary.

3) Buy only what will allow you to travel with peace of mind at a reasonable cost.

When the unexpected happens, the most expensive insurance can be the one you didn't buy; but no coverage should be "priceless."

If you are wondering where you can get the best deals on travel health insurance rates, you should surf the web to compare quotes offered by various insurance providers. Comparing quotes online is the best way to see which insurance provider offers the most competitive rate.

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