The Importance of Travel Insurance: 1

The holiday season is upon us, and literally hundreds of millions of people will be traveling by various means — by trains, planes, and automobile, to quote a Steve Martin and John Candy masterpiece. But there may be one thing you have forgotten as you gear up for your own holiday travel plans: travel insurance.

This type of insurance is very important but too rarely considered. Given the state of the airports in particular, though, it can be just the thing to make sure your trip goes smoothly — that you get all your luggage, that your health is taken care of, and that you get to where you are going with everything in tact.

Travel insurance can come in handy if: your flight gets canceled; you lose your bags, and there is medication in them; you lose your wallet and passport, or they get stolen; you get injured in an accent; your trip has to be canceled; the company with whom you are traveling goes bankrupt; you are in a foreign country and have a medical emergency; weather forces evacuation; and many others.