Travel insurance is an often-overlooked but highly valuable form of protection when planning a trip. Whether you’re traveling for business or pleasure, travel insurance offers coverage for unexpected events such as trip cancellations, medical emergencies, lost luggage, and travel delays.

One of the most common reasons travelers purchase insurance is to protect themselves from the financial impact of trip cancellations. Many policies will reimburse you for non-refundable expenses if you have to cancel your trip due to illness, injury, or other covered reasons. Medical coverage while traveling abroad is another important aspect of travel insurance, as many health plans do not offer full coverage outside of the country.

Travel insurance provides peace of mind, knowing that you’re protected in case of unforeseen issues during your journey.