Annual Travel Insurance | Constantly jet-setting? Key Points You Need to Know about Annual and Single-trip Travel Insurances!
Hong Kong people are obsessed with traveling! Especially during the holidays, the volume of departures reached astonishing levels! According to the Immigration Department, the Immigration and Emigration number in Hong Kong was 298 million in 2024. With the growing demand for travel, purchasing comprehensive travel insurance before going abroad is essential. If you are someone who travels frequently or for business, buying annual travel insurance might be the right choice for you.
Annual vs Single-trip Travel Insurances
| Single-trip Travel Insurances | Annual Travel Insurances | |
|---|---|---|
| Policy Benefits | Medical Expenses, Travel Cancellation or Delay, Loss of Personal Property etc. | Medical Expenses, Travel Cancellation or Delay, Loss of Personal Property etc. |
| Number of Coverages | Covers for Single Trip | Covers for Annual Multi-trip Plan |
| Days of Journey | Maximum 180 consecutive days per Journey | Maximum 90 consecutive days per Journey |
| Insurance period | Based on Coverage Duration and Destination | 12 Months |
| Premium Payment Frequency | Purchase once before each departure | Purchase annually |
| Premium | Depending on coverage duration and destination, Premium is approximately a few hundred Hong Kong dollars; for instance, a 10-day trip to Europe with Chubb Travel Insurance costs as low as HK$300 to HK$800 | Chubb Travel Insurance, for instance, has premium costs as low as HK$1,200 to HK$2,500 for Global Travel Insurance |
Who is suitable for Annual Travel Insurances?
Frequent Travelers:
If you are a frequent traveler who needs to dash around different corners of the world, applying for Single-trip Travel Insurance each time will be a hassle. Cover your annual Multi-trips with a single transaction of Annual Travel Insurance and say goodbye to the inconvenience of purchasing Travel Insurance before your trip each time.
Great Number of Travel Locations:
If you are traveling to a great number of countries and locations, it will be a more flexible option to purchase an Annual Travel Insurance.
No matter if you are going abroad for outdoor adventures, or ready to shop freely, you can always choose to purchase Chubb Single-trip or Annual Travel Insurances. Policy Benefits include medical expenses, travel Inconvenience, loss of personal property, personal accident and burns benefit, as well as Chubb Assistance - 24 Hour Worldwide Assistance Services etc., allowing you to enjoy various travel protections. Taking an extra step does not only show responsibility for yourself, but also shows consideration for your family, friends, and travel companions; allowing you to enjoy your journey with greater peace of mind.
The above information is for reference only. All coverage, exclusions, terms, and conditions are subject to the provisions in the policy document. For more information about travel protection from Chubb Insurance Hong Kong Limited, please click here to learn more.
You may contact us via mail or telephone.
Chubb Insurance Hong Kong Limited
39/F, One Taikoo Place, 979 King's Road, Quarry Bay, Hong Kong
Chubb Worldwide Offices
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Worldwide Office Locator
Chubb Travel Insurance Customer Service
Monday to Friday from 9:00 am to 5:30 pm
(Closed on Saturday, Sunday and Public Holidays)
Tel: (852) 3191 6611
Fax: (852) 2519 3233
E-mail: Travel.HK@chubb.com