Comprehensive trip insurance is valuable if you're booking a very expensive or complicated vacation (particularly to an isolated region) or if you're booking far in advance. Comprehensive policies typically cover cancellation and interruption, letting you cancel or cut your trip short because of a personal emergency, illness, or, in some cases, acts of terrorism in your destination. Such policies also cover evacuation and medical care. (For trips abroad you should at least have medical-only coverage .) Some also cover you for travel delays because of bad weather or mechanical problems, as well as for lost or delayed baggage.
Another type of coverage to look for is financial default—that is, when your trip is disrupted because a tour operator, airline, or cruise line goes out of business. Generally you must buy this when you book your trip or shortly thereafter, and it's available to you only if your operator isn't on a list of excluded companies.
Always read the fine print of your policy to make sure that you are covered for the risks that are of most concern to you. Compare several policies to make sure you're getting the best price and range of coverage available.
Insurance Comparison Sites
Insure My Trip.com. 800/487–4722; www.insuremytrip.com.
Square Mouth.com. 800/240–0369; 727/564–9203; www.squaremouth.com.