Big Money-Saving Benefits of Travel Insurance

UPDATE OLDER ARTICLE: https://www.quickanddirtytips.com/money-finance/insurance/big-money-saving-benefits-of-travel-insurance

If you love the idea of traveling but are worried that your plans could backfire due to a pandemic-related issues or other unforeseen mishaps, it's time to learn more about travel insurance. Having the protection of a travel policy can be just the ticket to help you feel confident about chasing adventure this year.

While you might be thinking that travel insurance is an unnecessary expense, I've found it to be surprisingly affordable. This episode will explain the benefits of travel insurance, tips to buy the best policy, where to shop, and when purchasing travel insurance makes financial sense. Once you understand its significant benefits, you'll never skip travel insurance again!

What is travel insurance?

A travel policy is an often-overlooked coverage that you can customize based on where you're going, the risks you face along the journey, and your personal circumstances. Similar to different types of car insurance, travel insurance is a bundle of individual coverages. 

Travel insurance can protect you from various situations ranging from an inconvenience (such as losing your luggage or getting stranded due to bad weather) to having a life-threatening medical emergency requiring an airlift to the nearest hospital.

Keep reading to find out five primary coverages you get from a travel policy.

What does travel insurance cover?

Getting travel insurance is all about having peace of mind and saving money when unexpected expenses pop up during a trip. Here are five coverages that can make travel insurance a wise purchase that enhances your vacation:

1. Luggage 

Missing, delayed, or damaged baggage could put a real damper on your vacation. This coverage reimburses you for lost items and pays a daily amount for purchasing...

Keep reading on Quick and Dirty Tips