Travel insurance runs the gamut from trip cancellation insurance to emergency medical insurance. Although travel insurance seems unnecessary, there are very good reasons to consider it. If you are planning a trip with a group of friends and if for some reason you will not be able to go, consider travel insurance for trip cancellation that allows you to get a refund on your air fare, hotel deposits, and other expenses that you may have prepaid.

Travel insurance also includes emergency medical insurance in case the unthinkable happens in a foreign country where your own health insurance may not be valid. Some countries are quite unforgiving when it comes to paying hospital bills or other emergency treatment services.

There is accidental death travel insurance which also covers dismemberment while traveling. Flight insurance used to be commonly offered by airlines in case the plane crashed, but airlines have since stopped offering this option to every passenger. Like all insurance policies, one never knows when it will be needed, so for the few pennies that it costs, travel insurance is a good thing to investigate before booking a trip.