So you’re planning a trip and someone asked you if you have travel insurance. Wait, what? Yes, at this point, it’s perfectly reasonable to ask yourself (and the internet), what is travel insurance?
For years, I didn’t know anything about travel insurance, and I went without it. Knowing what I do now, I’ve come to believe that if you can’t afford travel insurance, you can’t afford to travel.
Essentially, travel insurance covers expenses from unforeseen events like a canceled trip, lost bag, or medical treatment.
It’s important to understand how it works so you can pick the right plan. Ready? Let’s dive right into the details of travel insurance.
How Does Travel Insurance Work?
If you’re just here for a quick and dirty answer, let’s get right down to it.
When you travel, you take on risk, whether you know it or not. You put down a lot of mone