People whose baggage containing their medication is lost or stolen can fill emergency prescriptions because of travel insurance.
Travel insurance is important if people's passports and wallets are lost or stolen. The insurance helps travelers replace lost identification and get emergency cash.
Travel insurance covers medical emergencies, accidents and treatments that may occur on a trip to a foreign country.
Travel insurance covers money people loss if they have to evacuate their vacation location due to severe weather like hurricanes, typhoons or tsunamis. If travelers wish to cancel their trip because a terrorist attach occurred at the travel destination, travel insurance gives them a refund.
People with travel insurance will not lose money if cruise lines, airlines or tour operations file for bankruptcy. The insurance covers non-refundable expenses.
If the airline cancels a traveler's flight, travel insurance refunds the cost of the plane tickets.
Travel insurance refunds trips that have been canceled because of personal circumstances, such as illness.