The most common situations when travel insurance comes in handy are: • Your flight is canceled• Your passport and wallet are stolen• You require medical treatment while abroad• You need to cancel your trip due to illness• An unexpected hurricane hits your destination• Your airline/cruise line/tour company goes bankruptReasons NOT to purchase travel insurance are:• You're afraid of terrorism• A hurricane is going to hit your destination • Your pet is ill• Your flight is delayed for so long that you want to cancelOne major limitation: Never purchase travel insurance from the same tour operator or cruise line with which you're traveling. If that company goes out of business, there may not be money to cover your argue Use a third-party provider.
