TL;DR
- Travel insurance covers unexpected losses while traveling, from minor delays to major medical emergencies and trip cancellations.
- Costs typically range from 4–10% of a trip’s total price, making it a valuable safeguard for expensive travel.
- Coverage varies by plan and may exclude certain items, pre-existing conditions, or specific causes of loss.
- Travel insurance can be purchased through agents, brokers, airlines, cruise lines, and private insurers—often soon after booking travel.
- Three main types exist: comprehensive, travel medical, and annual plans, each offering different levels of protection and flexibility.
- Consulting a travel insurance agent helps ensure you understand plan benefits, limitations, and requirements before purchasing.