Travel insurance protects you from financial losses you could incur while travelling, either domestically or internationally. Costs can vary based on factors like your age, the length of trip, and your destination(s).

Travel insurance can cover you for minor inconveniences, like missed airline connections or damaged luggage, to major crises, like emergency medical evacuation in a life-threatening situation. Depending on the terms of your policy, you can be reimbursed up to a certain amount for costs incurred when your vacation plans take a turn for the worse. Plus, travel insurance companies also provide 24/7 assistance to help you navigate emergency situations.