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Pros And Cons Of Travel Insurance

Spending Smart: Pros, cons of buying trip insurance

Spending Smart: Pros, cons of buying trip insurance

Travel insurance might be a good idea if you're injured abroad or if you have to cancel your trip because of illness. But be sure to read the policy to understand what's covered and what's not. Insurance usually costs 4 to 8 percent of the trip cost.

July 21, 2013 12:00 amLoading…
Spending Smart: Pros, cons of buying trip insurance

Spending Smart: Pros, cons of buying trip insurance

A close relative dies just before you leave for a Caribbean vacation, and you have to cancel your nonrefundable trip to attend the funeral. Or, you're hiking in the Alps, have an accident and need to be airlifted off a mountain.

July 21, 2013 12:00 amLoading…

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