To buy or not to buy travel insurance

FILE - In this Dec. 22, 2016, file photo, travelers move through a terminal at San Francisco International Airport in San Francisco. The Transportation Department said Thursday, Feb. 8, 2018, that airlines bumped passengers off flights at the lowest rate on record in 2017 after United Airlines was pilloried when a passenger was dragged off a full plane. (AP Photo/Marcio Jose Sanchez, File)

If you’re planning a holiday get-away you might want to consider travel insurance.

In an uncertain world with natural disasters, terrorist attacks or even personal injuries - cancelling a trip at the last minute could mean money out the window.

Premium travel insurance policies are more expensive but allow you to cancel for any reason and give the most flexibility.

It’s really important to read the policy carefully so you understand exactly what is and isn’t covered. Does the policy offers a waiver for pre-existing medical conditions? Does it provide healthcare coverage? Does it cover medical evacuations for more adventurous trips?

Do your research. Travel agents may have preferred relationships with only a couple of insurance providers. Instead use comparison websites such as and Each sells more than a hundred policies from a variety of companies.

Stick to insurance that will cover potentially bigger losses.

You can also call the comparison websites and ask them to clearly explain coverage and help determine exactly what you need.

And don’t forget that many credit card companies also offer travel insurance, so it’s good to check with them, to see how their travel insurance compares to others.

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