If you travel a lot, purchasing an annual family travel insurance policy can be very beneficial for you because it protects you and your family from unexpected circumstances as you travel. It will give you security and peace of mind as well as the chance to relax, enjoy the trip and vacation. Multi Trip Travel and Single Trip Travel insurance are the two types of travel insurance available for you and your family. Multi trip travel insurance gives you the chance to leave any time and to any destination you prefer, with insurance coverage. However, this will come with a cost so better check the policies first. In the Single trip travel insurance you may get a better rate, depending on the type of travel.