According to Consumer Reports, travelers spend about $2 billion a year to protect themselves from the unexpected. But do they know what they are getting when they purchase travel insurance? Perhaps the bigger question is this: Do they really need it at all? Travel insurance is an umbrella term for five different types of coverage:…
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Is Travel Insurance Really That Essential?
Travelers who empower themselves with a good travel insurance, tend to minimize the risk that appear due to illnesses, accidents, cancellations and other unforeseen circumstances. The amount of loss that a traveler bears in the absence of a travel insurance depends on the amount he has already paid, the status of the ticket he is…
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