Is Summer Camp Insurance a Good Idea?
It’s no secret that summer camps can be expensive. By the time you add travel costs to the already high cost of specialty sleep away camps, the total sticker price is enough to send parents into shock. To be sure, these parents want to provide their children with opportunities for enrichment and adventure during the summer months. But when the cost of summer camp creeps close to, say, the cost of a honeymoon in Hawaii, many parents begin to wonder if it’s risky to invest so much. What if there’s a hurricane? What if Susie comes down with the measles? What if there’s a death in the family? It is exactly this kind of troubling scenario that has kept the insurance industry in the black for years. Our fears — many of them perfectly reasonable — that things will go horribly wrong have long motivated us to insure our health, our homes and our cars. Now, there’s a growing trend to insure other aspects of our lives, from our pets to our vacations. Not surprisingly, insurance companies are begi