That is why a new type of travel insurance is getting more attention from people who travel several times a year. What Is Annual Travel InsuranceInstead of buying travel insurance for every single trip, annual travel insurance covers multiple trips for an entire year. Google searches for “annual travel insurance” are also up nearly 25 percent compared to last year. A Simpler Way to Stay CoveredThe main reason people are searching for annual travel insurance is simple. What to Think About Before Choosing a PlanEven though annual insurance can be convenient, it is not the best choice for everyone.