Travel insurance is a type of insurance that protects the policyholder from the financial burden of medical expenses caused by accidents, sickness, losses, and other travel related inconveniences. Insurance coverage and the risks you're protected from, vary with different providers and insurance policies.
Most travelers will get travel insurance coverage for a single trip. But if you plan to travel several times in a year, then you might want to consider getting an annual policy. You can also get a plan that covers your family members as well.
When shopping for travel insurance, the premium (the price you pay for coverage) is one of the main factors you look at, of course. You also need to consider whether the plan provides adequate coverage for the risks you'll be exposed to during your trip. If you don't intend on certain activities during your trip, such as getting a rental vehicle for example, then getting a plan that doesn't have rental vehicle excess coverage can help you bring down your plan's premium.