Travel insurance makes sense if you want to protect the money you’ve paid for a vacation. But it is another expense, and you’ve already laid out a lot of cash.
Do you really need travel insurance? Knowing what is covered may help you decide if it’s worth the cost or if you should just go without.
Several Types of Travel Insurance
There are five types of coverage that are associated with travel insurance. And although, the covered reasons for the insurance going into effect may depend on the carrier, the basics are the same with most companies.1) Canceled Trips
Most people are concerned about this. If they have to cancel their trip or something happens in the world, like a pandemic, they don’t want to lose their money.
