For enjoying the happy moment of a trip, travel insurance is very important. There are many types of travel insurances available. Annual Travel Insurance is one of them. It is a type of travel insurance which covers medical expenses, financial default of travel suppliers and every other loss that can incur while travelling. The leading advantage of Annual Travel Insurance is that it saves you a lot of money and top of all you need not worry about medical emergencies during the trip. Annual travel insurance covers you for losses, damages and injuries encountered by you during your travel. Most policies also cover evacuation, cancellation, loss of baggage, medical assistance and many more.