Travel insurance can be worth it, especially when you consider the potential risks and unforeseen circumstances that can disrupt your trip. It provides coverage for expenses related to trip cancellation or interruption, medical emergencies, lost or delayed baggage, and other travel-related mishaps. Depending on the coverage and the specific policy, it can offer financial protection and peace of mind during your travels.

Travel insurance is a type of insurance specifically designed to provide coverage and financial protection for individuals while traveling. It is intended to help mitigate the financial impact of unexpected events, such as trip cancellations, medical emergencies, lost belongings, or travel delays. Travel insurance policies typically offer a range of coverage options that travelers can select based on their needs.

Travel insurance typically covers a variety of situations and expenses. It can include coverage for trip cancellation or interruption due to unforeseen events like illness, accidents, or natural disasters. It often covers emergency medical expenses, such as hospitalization or medical evacuation. Travel insurance may also provide coverage for lost baggage, flight delays or cancellations, emergency assistance services, and certain travel-related liabilities. The specific coverage and limits can vary depending on the policy and provider.

The cost of travel insurance varies depending on factors such as the duration of the trip, the coverage limits, the age of the travelers, and the destination. On average, travel insurance can range from 4% to 10% of the total trip cost. However, it's important to note that the actual cost may vary significantly depending on individual factors and the specific coverage options chosen.