Buying an annual travel insurance policy is an excellent choice as you get comprehensive cover for every trip you take throughout the year. Unfortunately, your policy expires at the end of the 365 days, and you have to renew it to get continuous cover. Renewing your policy saves you the stress of having to start another policy from scratch every time your annual cover expires.
Keep reading to learn how you can renew your travel insurance policy.
How to renew your travel insurance policy
You can renew your annual travel insurance policy in two ways:
1. Auto-renew
When you first purchase your travel insurance policy, your provider will ask you whether you’d like them to automatically renew the cover each year. This way, you get hassle-free continuous cover throughout, giving you peace of mind.
Travel insurance auto-renewal is an excellent option as it gives you one less thing to worry about, especially if you’re busy with work, school or family. Similarly, auto-renewal removes the risk of your policy expiring as your annual cover rolls over to another year with no gaps.
A reliable insurer should notify you before the renewal date of your policy, detailing any changes to the premium or the policy terms and conditions.
2. Get in touch to renew your policy
If you don’t choose the auto-renew feature when you initially buy your annual travel insurance policy, you’ll have to renew your policy yourself by getting in touch with your provider. Normally, you don’t have to remember the expiry date by heart as your insurer sends you reminders, informing you when your insurance is due.
They’ll ask you whether you’d like to renew your policy for another year, and you’ll have to respond to get details on policy or price changes. Unfortunately, this can be tasking for many, but it saves you money if you’re not planning on travelling the following year by simply not paying for the renewal.
Additionally, it allows you to shop around for other policies and compare them to yours to see whether you’re getting the best value for your money.
Feel free to use our comparison tools at Compare Insurance today to find your ideal international medical insurance and annual travel insurance policy.