Sometimes even the best-made plans fall apart. What happens if you get sick, a family member passes away, or you lose important travel documents? If these events prevent you from taking a trip, you will likely end up paying the full cost of your canceled plans without travel insurance.
Travel insurance is a policy that reimburses you if your trip is canceled or disrupted. It can also help pay for many things that may go wrong when you’re away from home, including a medical emergency, evacuation, or lost baggage.
There are two broad forms of travel insurance: packages that cover trip cancellation and packages that focus on travel medical insurance. Before taking a trip, it may be a good idea to consider one or both policies.