Glossar – Insurance terms from A to Z

Letter A

Annual insurance

Annual travel insurance gives you the best possible protection all year round. It applies for an unlimited number of trips in a given year and is valid worldwide.  Insurance with a term of one year (annual insurance) tacitly renews after expiry of the one-year contract term (insurance period) for successive terms of one year each, provided that neither the policyholder nor HanseMerkur International terminates the contract in writing giving one month’s notice.