What is Travel Insurance?

Unlike home insurance or car insurance, travel insurance is purchased on a need basis for either individual trips or an annual term. The most popular type of travel insurance is a comprehensive plan which will provide a level of coverage for trip concerns, like trip cancellation or travel delay - and for emergency medical care.

Travel insurance is designed to protect a financial investment in travel and one’s self from expensive emergency medical bills. While travel insurance cannot prevent travel mishaps, it can assist travelers in paying for or being reimbursed for unexpected changes in travel plans or emergency medical care - including evacuation costs, if needed.

Travel Insurance is a smart investment for many people, but it can be confusing if you have never purchased a plan before or if you are still unfamiliar with its nuances.