No matter where you get your information on travel, you have surely been bombarded with “tips” that you need to buy travel insurance. Maybe yes, maybe no. What you should do for sure is review your plans carefully to see whether you need travel insurance, and if you do, figure out exactly what you need—what kind to buy and where to buy it. I’ll try to help.
Money, not experience. Like almost all insurance, travel insurance is designed to insulate you from the risk of losing money. It can’t either avoid or fix a problem; all it can do is make sure you don’t lose a lot of money when a problem arises. When you plan a trip, you face three big financial risks—maybe adding up to thousands of dollars—if your plans are disrupted:…