Compare Your Travel Insurance has stepped in to help fill in those details, to see if you would need single trip, annual or long stay travel insurance. Single trip, annual or long stay comparedSingle tripAs the name suggests, single trip insurance offers coverage for a specific trip within a specified duration. AnnualAnnual trip travel insurance is aimed at those who travel multiple times a year, as it negates the need to purchase separate policies for every trip. Compare Your Travel Insurance explains: "Whilst Annual Multi-Trip travel insurance may come with a higher up-front price tag compared to Single Trip insurance, it could prove a much more economical choice in the long-run. Recommended reading:Long stayFinally, we come to long stay travel insurance, which is a policy that covers for extended stays abroad.