What does a typical travel insurance plan include?
One of the most important features of a comprehensive travel insurance policy is trip cancellation coverage, which protects the traveler’s investment-meaning that the insurance company reimburses the traveler for all pre-paid, nonrefundable expenses for a covered loss. In most cases, such a loss is the result of an injury or illness to the traveler or a family member, or of the vacation destination having been made uninhabitable by severe weather.