Imagine planning your dream trip—flights booked, bags packed—only to face an unexpected illness or a family emergency. Without travel insurance, those carefully saved dollars can vanish overnight. With it, you’re protected.

Booking a trip, especially a once-in-a-lifetime adventure, is exciting—but it also comes with risks. Travel insurance isn’t just about covering costs—it’s about peace of mind. It allows you to enjoy your journey knowing that if the unexpected happens, you won’t be left stranded.

What Is Travel Insurance?

Travel insurance is sometimes called named-peril insurance—meaning it covers only those situations specifically listed in your policy. Common types include:

• Trip interruption insurance (TII): Covers expenses if you need to cut your trip short and return home.

• Trip cancellation insurance (TCI): Protects the money you’ve already paid toward your trip if you must cancel.

• Travel medical insurance: Essential for international travel since most U.S. medical insurers, including Medicare, don’t provide adequate coverage abroad.

• Medical evacuation insurance: Provides emergency transport—whether by helicopter, private jet, or other means—if you need to be moved to a hospital or even back home.

What Does Travel Insurance Cover?

Policies vary, but most cover:

• Illness or injury during travel (for you, your companion, or someone in your care at home).

• Emergencies at home such as a fire, flood, or serious illness of a family member.

• Unforeseen obligations such as jury duty.

You can also purchase “cancel for any reason” coverage for broader protection, though these policies cost more and usually require cancellation at least 48 hours before departure.

Common Limitations to Know

• Pre-existing conditions: Some policies won’t cover interruptions related to an illness treated within 2–6 months before your trip, unless you purchase a waiver soon after booking.

• Supplier default: Coverage usually applies only if the supplier completely ceases operations (e.g., bankruptcy).

• Timing matters: Buying insurance after storm warnings or travel advisories are issued typically means you’re not covered.

• Age-based rates: Costs rise as you get older, particularly past age 70.

Top 5 Reasons to Buy Travel Insurance

• Protects your investment if you need to cancel your trip.

• Covers unexpected medical expenses abroad.

• Pays for costly medical evacuation when needed.

• Provides assistance if airlines, hotels, or tour companies default.

• Gives you peace of mind to fully enjoy your journey.

Real-Life Examples

• A traveler broke an ankle while sightseeing in Europe and required a medical care—covered by their policy.

• Another had to cancel a tour due to a family emergency. Trip cancellation insurance saved them thousands.

The Bottom Line

Travel insurance is one of the smallest expenses of your trip, yet it can save you from the largest losses. Not all policies are created equal, so choose one that fits your needs. Above all, remember:

Travel insurance isn’t just a smart add-on. It’s essential protection for your health, your finances, and your peace of mind.

Disclaimer: We do not represent or sell any travel insurance company. Always review policy terms carefully before purchasing.