Pros

• Price:

  If you are only going on ONE holiday a year, then a single trip policy is the most cost-effective choice for your needs.

• Cover for the entirety of the trip:

  You can arrange for insurance coverage for solely the exact number of days of your trip, thus minimising spend on unnecessary days.

• Higher or no age limits:

  Many insurers will not provide Annual Travel Insurance for those 75 and above in age – making Single Trip coverage the only option available.

• Cover for trip begins when purchased:

  Decreases unintentional spending in the event of a trip cancellation.

• Tailored for trip itinerary:

  Annual Travel Insurance might limit the locations of travel covered, so Single Trip Policies give you a wider range of destinations covered.

Cons

• Price:

  If you go on MORE THAN ONE holiday a year, it may be more expensive overall to purchase multiple individual Single Trip Policies.

• Effort:

  If you go on more than one holiday a year, it will require more time and effort to manually purchase multiple Single Trip Policies rather than one Annual Travel Insurance plan.

• Potential risk:

  As insurers require a Single Trip Policy to be purchased 3-days prior to when your trip begins, any cancellations of said trip cannot occur within those three days, thus decreasing your travel flexibility.

• Hassle if stay is extended:

  As Single Trip cover is based on fixed dates, any unforeseen extensions will not be covered, or require you to take out a new policy.