Released: July 03, 2009

Is travel insurance necessary?

Source: Kayce T. Ataiyero, Chicago Tribune (Free Registration)

When planning a vacation, consumers often focus on the fun aspects of the itinerary: Where do you go, and what do you do when you get there?

But what if things don’t go as planned? What if your travel provider goes out of business, a health epidemic breaks out in your destination country or you get sick or injured before you leave home?

That’s where travel insurance can help. It’s a guarantee against many of the things that could go wrong on a vacation, from lost luggage to job loss to a major medical emergency. And it’s big business.

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