Travelling insurance comes in two main forms:-
• Single trip policies covers for one trip in a year.  The validity of the insurance gets over after that particular trip. Such policies cover from the start and closing time of the trip as registered with the company.  It does not cover for events that occur before or after the validity period.  A minute lapse or a minute before the validity does not pay. It is quite important to be sure of choosing the validity period. Single trip packs are for those that do rare traveling.  This may prove to be costly for those that take multiple trips in a year.  There is also a choice of taking group coverage or individual coverage in single trip packs.
• Annual trip policies covers for almost all trips that fall within the validity period of the travelling insurance meant to cover many trips. There is also a choice of taking group coverage or individual coverage in multiple trip packs. There is no need that every member insured should travel in all trips either.  However, it is important to register and inform the company before every trip commences.  You can even underwrite your needs based on every trip that is to be covered under the annual policy with some extra prize.

Both the single trip and annual travelling insurance policies cover for the standard needs like:-
• Cancellation, loss and theft
• Accidents and dismemberment
• Liability

Group policies are normally taken by:-
• Families
• Employers of business organizations for their traveling employees
• And other kinds of traveling needs organized by school vacation tours, study tours and other kind of charity travels.

Business organizations based travelling insurance should be focused to cover for substitute coverage.  In case the proposed person is not able to travel due to some illness, the company should be able to send some other employee in place of the previous employee without suffering insurance loss.  The travelling insurance should give all kinds of support to the substitute business representative.

Despite the travelling insurance being a group or individual or single or multi-trip having a hijack coverage is nothing funny or indispensable.  Hijack is not something that can happen to your neighbor, so be sure not to cancel such options to economize in your travelling insurance.