For some travelers, travel insurance is a good idea, for others not so much. In fact, many of these companies make more money per dollar put in, that you may think you are dealing with a loan shark. But some travelers still have a reason to take out this kind of insurance. Here are things to keep in mind:
- Would you lose sleep over the fact that you might get sick or might miss a plane?
- How devastated would you be if you lost your bags?
If you feel like you would have more peace of mind, would enjoy your trip to the max, and are willing to pay up knowing you might not end up needing the insurance, then go for the gusto. The majority of travelers do not get travel insurance, but you have to figure out what will keep you at ease. It’s supposed to be a vacation after all, right?If you do decide to get travel insurance, contact your insurer first to see what, if anything, is already covered in your plan. After that, do some research and invest in a quality set of magnifying glasses so you can read the fine print to see exactly what is covered and at what price. You don’t want to cough up $500 to cover a $150 plane ticket, do you?