Multi-trip Insurance
Policies should cover standard medical care (with the exception of pre-existing conditions), trip cancellation, baggage and personal belongings at a minimum. However, some companies are willing to take 20-25% off premium costs if you decide against coverage for lost and damaged luggage (this being the number one reason for claims). If you travel lightly or don't carry expensive belongings, asking for this option can save you a bundle. For business travellers, there are often special policies that offer perks such as executive lounge passes in airport.