Travel insurance

[Mr. Twister]

I wished I had it last year when I had to cancel my trip 5 hours before the flight due to a medical emergency.

[Blake]

http://www.smartmoney.com/spend/fami...surance-20151/

I'd say it depends on a lot of factors.

I agree with the above article that for the "most part" you really don't need travels insurance.

I've never been a big fan of for profit insurance companies because it's in their best interest NOT to pay out when you actually need the money.

To me, the cost of insurance is just another way for another company to make money off of my traveling. The reality is that while everyone might know someone that got injured, had to use the insurance due to illness/death, the odds of your trip being cancelled are pretty astronomical.

If you want the same odds you might as well spend that money on lottery tickets in my opinion but again, it all depends on a lot of factors.