How to Pick Travel Insurance and Why It’s Important


Travel insurance can be a valuable investment, especially if you’re planning a big trip. It can protect you from unexpected financial losses due to unforeseen events such as trip cancellations, lost luggage, medical emergencies, and more.

Why is travel insurance important?

There are many reasons why travel insurance is important, including:

  • Medical expenses: Medical costs can be very high in some countries, even for minor illnesses or injuries. Travel insurance can help cover the cost of medical expenses, including hospitalization, surgery, and prescription drugs.
  • Emergency evacuation: If you need to be evacuated from a medical emergency or other crisis, travel insurance can cover the cost of transportation back to your home country.
  • Trip cancellation: If you have to cancel your trip for a covered reason, such as illness, job loss, or natural disaster, travel insurance can reimburse you for the cost of your non-refundable travel expenses.
  • Lost or damaged luggage: If your luggage is lost, stolen, or damaged, travel insurance can help cover the cost of replacing your belongings.
  • Other covered events: Travel insurance can also cover other events such as flight delays, missed connections, and rental car damage.

How to pick travel insurance

When choosing a travel insurance policy, it’s important to consider the following factors:

  • The type of coverage you need: There are many different types of travel insurance policies available, so it’s important to choose one that covers the specific risks you’re concerned about. For example, if you’re planning to go on an adventure trip, you’ll want a policy that covers extreme sports and activities.
  • The cost of the policy: Travel insurance policies can vary in price, so it’s important to compare quotes from multiple providers before you buy. However, don’t just go for the cheapest policy. Make sure to read the fine print and compare the coverage levels of different policies before you make a decision.
  • The reputation of the insurance company: It’s important to choose a travel insurance company with a good reputation. You can read online reviews or check with the Better Business Bureau to learn more about different companies.

Here are some additional tips for picking travel insurance:

  • Buy your policy early: The earlier you buy your policy, the more likely you are to be covered for pre-existing medical conditions.
  • Read the fine print: Before you buy a policy, be sure to read the fine print carefully so you understand what is and is not covered.
  • File your claims promptly: If you need to file a claim, be sure to do so promptly. Most policies have a time limit for filing claims.


Travel insurance can be a valuable investment, especially if you’re planning a big trip. By following the tips above, you can choose a policy that meets your needs and protects you from unexpected financial losses.