Annual multi-trip plans are ideal for businessmen and regular overseas travelers as there is no need to buy an insurance plan every time you travel and are cheaper than buying several single trip travel insurance plans. These plans provide coverage for a whole year, however there is a limit for each trip which is either 30, 45 or 70 days depending on the plan chosen.
These multi-trip plans are ideal for US residents traveling regularly to Canada, Mexico, the Caribbean islands, Latin America, South America or Europe, however they should have a regular health insurance plan to cover them within the USA. Many of these plans are also available for Non US nationals (like Canadians, Mexicans, Europeans ... who travel overseas often), as long as they have a regular domestic health insurance plan in their respective countries.
Since business people and working professionals travel overseas quite often, it is important to have proper international travel insurance. Buying an annual multi-trip travel insurance plan which insures the traveler for the whole year is ideal for regular international travelers.
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Advantages of Annual multi-trip travel medical insurance (multiple international trips within one year)
These plans provided coverage for unlimited international trips in a 12 month period
The maximum trip duration can range from 30 days to 70 days (GeoBlue Trekker)
These are ideal for businessmen and for work related frequent overseas travel
Some plans require a primary health plan, but cover pre-existing conditions and medical evacuation