Travel insurance is there to cover medical expenses or financial losses you might incur while traveling. There are five main categories of travel insurance:
- Trip cancellation or interruption
- Medical and related expenses
- Loss of baggage and belongings
- Delays
- Missed connections
Travel insurance is enormously varied. Here more than in most arenas it is simply wrong to think “I have a policy. I’m okay.” You must check benefits, check exclusions, and ring alarm bells if you see big gaps.