Shopping for insurance

❚ Take a quick inventory of your upcoming trips. The cost of a single insurance package, in most cases, is less than half the cost of an annual package, according to Stan Sandberg, co-founder of TravelInsurance.com, a travel insurance comparison website. That makes single-trip insurance the logical choice for anyone who plans to take two vacations or less a year.

❚ Compare, compare, compare. In addition to TravelInsurance.com, you can easily compare policies on sites such as InsureMyTrip.com, Quote wright.com, Squaremouth.com, TripInsurance.com and TripInsurance Zone.com. Because annual policies are such a niche product, you sometimes have to search a while to find an annual policy. This list on Travelinsurance review.com may be helpful: travel insurancereview.net/plans/annual.

❚ Check to see whether you’re already covered. That’s the advice of Joel Ohman, a financial planner who founded InsuranceProviders.com. “You could potentially end up buying a policy that has some duplication of benefits with what you already have,” he says.