Travel Insurance

Travel insurance protects you against loss in the case of a cancellation, or fraud among other scenarios; there are four major types of travel insurance:*

  1. Trip Cancellation Insurance: reimburses you if the entity you booked your travels with goes out of business.
  2. Baggage Insurance or Personal Effects Coverage: This provides coverage if your personal belongings are lost, stolen or damaged during the trip.
  3. Emergency Medical Assistance: This provides insurance and medical assistance for travelers.
  4. Accidental Death: This provides a variety of coverages if you or a family member die on the trip.

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*Resource: Insurance Information Institute: traveling

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