Travel Insurance 101

What it covers, when you need it, and how to choose a policy.

Travel insurance is one of those things many travelers don’t think about until they need it—and by then, it’s often too late. While it may not be the most glamorous part of planning a trip, it can be the most important. It acts like a safety net, protecting your investment in the event of unexpected disruptions like cancellations, medical emergencies, or lost luggage.

The world of travel insurance can seem murky. There are dozens of providers and types of policies, and not all are created equal. Some cover only trip cancellations or delays, while others also include medical care, evacuation, and even lost baggage. The fine print matters. For instance, many people are surprised to learn that pre-existing medical conditions may not be covered unless they purchase a policy within a specific time frame after their first payment. Others assume their credit card automatically covers them—which it might, but not nearly to the level they assume.

Then there’s the question: “Do I really need it?” If you’re taking a short domestic flight and staying with friends, probably not. But if you’re spending thousands on a cruise, international tour, or a trip involving non-refundable reservations, travel insurance is well worth considering. It’s also especially important for trips involving multiple countries, outdoor adventure, or areas where access to reliable healthcare might be limited.

Choosing a plan means thinking through your risks and priorities. Are you more concerned about getting your money back if you can’t go? Or are you worried about needing medical care abroad? Some policies even allow you to cancel for any reason—but they usually cost more. Still, for travelers with specific concerns, that flexibility may be worth the price.

Ultimately, travel insurance is less about expecting something to go wrong and more about giving yourself peace of mind. When you’ve worked hard to plan a special trip, knowing that you’re protected allows you to enjoy it fully. It’s one of those investments you hope you’ll never need—but you’ll be so glad you have it if you do.