The differences between single trip, multi-trip and group travel insurance

by Liz Seyi Digital marketing manager

As the world develops ever-more effective means of managing the coronavirus pandemic and global travel once again opens up in a major way, it is inevitable that many people will be on the lookout for well-priced travel insurance for their looming journeys. After all, if the last two years have arguably taught us anything, it is that very few things in our world can be taken for granted.

Here at Ibex Insurance Services, we’re proud to be trusted and experienced specialists in arranging expat insurance plans for those living, working and travelling around the Iberian Peninsula.
There are, however, different categories of travel insurance, and it is instructive to know the differences so that you make the best-informed choice of policy.

Make sure you select the insurance that will serve you best for your upcoming trip

In summary, the three broad types of expat travel insurance to which we can give you access are:

• Single-trip travel insurance, which – as the name suggests – is designed to protect you for one trip. All manner of things can potentially happen when you travel somewhere, such as you or a loved one becoming ill or sustaining an injury, or your cash or important documents being lost or stolen. Taking out a great-value single-trip policy through Ibex can give you crucial coverage and peace of mind in this regard.

• Multi-trip travel insurance for – yes, you’ve guessed it – more than one trip. Here at Ibex, we offer highly competitive annual multi-trip travel insurance options, which are perfect for those planning to take several holidays in the space of one year. Such cover is likely to be a lot cheaper for you than purchasing several single-trip policies over the course of a year, and will save you from having to remember to buy travel insurance every time you travel.

• Group travel insurance, which enables an organized group of five or more travelers to buy just one policy covering everyone, at a more favorable rate than if attempts had been made to arrange travel insurance for each person individually. This type of travel cover is great for the likes of school groups, sports clubs and associations, and when you choose Ibex, you can ensure the policy you purchase is tailored to the particular needs of your group.

Don’t take the risk, when you can instead be suitably protected

Events such as someone in your travelling party being injured in an accident or your baggage being lost or delayed are not possibilities that you will wish to spend much time thinking about. Nonetheless, you need to have your eyes open to the risks – and when you choose Ibex as your provider of expat travel insurance, we can help cover you against those risks.

So, why take the chance? Request your quote online or visit an Ibex brick-and-mortar office, and we can assemble an expat travel insurance policy that will give you and those travelling with you all, important protection and peace of mind.