What It Covers, When to Get It & How to Save Money
Travel insurance is often an afterthought, but unexpected trip cancellations, medical emergencies, or lost luggage can turn a vacation into a financial nightmare. The key is knowing when it’s worth the cost and which type of coverage you actually need.
💡 Step 1: What Does Travel Insurance Cover?
- Trip Cancellation & Interruption – Covers non-refundable expenses if you have to cancel for covered reasons like illness or natural disasters.
- Medical Emergencies Abroad – Regular health insurance doesn’t always cover you outside your home country. Travel insurance can prevent massive medical bills.
- Lost, Stolen, or Delayed Luggage – Covers lost bags and provides reimbursement for essentials if your luggage is delayed.
💡 Step 2: When Travel Insurance Makes Sense
✅ International Trips – Medical coverage is essential if traveling outside your home country.
✅ Expensive, Non-Refundable Bookings – If your trip is costly and non-refundable, insurance protects against financial loss.
✅ Adventure or Remote Travel – High-risk activities (skiing, diving) or remote destinations often require specialized coverage.
💡 Step 3: How to Save on Travel Insurance
- Check if Your Credit Card Already Covers It – Many premium credit cards offer built-in travel protection.
- Only Buy the Coverage You Need – Some policies include extras like rental car protection you may not need.
- Compare Policies Online – Use travel insurance comparison sites to find the best value.
Last Updated on 13 March 2025 by ingminvip