What is travel cancellation and interruption insurance and why would I need it?
My family is planning a vacation for next summer and our travel agent suggested we get travel cancellation and interruption insurance- is it really necessary?
My family is planning a vacation for next summer and our travel agent suggested we get travel cancellation and interruption insurance- is it really necessary?
My decision on getting travel insurance is always predicated on how much I’ve spent for the trip and how much I’d be willing to lose. Travel insurance is generally not expensive compared to the cost of any given trip, but some people just don’t want to pay for it.
However, imagine your vacation being interrupted due to a cancelled flight… or maybe you lose your luggage and have to buy some things until they locate it, etc… Travel insurance can reimburse you.
Always check to see what’s included in the plans as they are all different. Mom and I had planned a trip to Thailand and then the airport was closed due to a demonstration. The insurance would have covered that because it was the airport’s decision to close… contrast with travel to Tibet being closed off by the Chinese government due to civil unrest… for some reason that wouldn’t have been covered by the same policy.