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If you are planning a vacation or need travel overseas for various reasons you might ask yourself – Do I need travel insurance?  In case you wonder whether or not you need to buy travel insurance, the answer is – it depends. 

See, there 2 main categories of travel insurance: 

1. Trip cancelation insurance and 

2. Travel Medical Insurance

Trip cancelation insurance is a -package plan that includes trip cancelation (in case you need to cancel your trip for valid reasons prior to departure, it will reimburse you the pre-paid non-refundable portion of your trip cost (this type of policy is usually about 5% of the total trip cost). 

Some credit cards offer trip cancelation coverage.

Travel Medical Insurance primarily covers travel medical insurance while abroad and covers emergency medical treatment and care. 

There are many plans available and it is relatively cheap to get one of those plans rather than take a chance. Some domestic health insurance might offer some type of coverage abroad or offer short term riders that will cover your trip. 

Check with you health insurance carrier if your company offers such coverage. Otherwise, you might consider getting a separate medical travel insurance plan. 

These policies usually offer extra benefits such as trip interruption, emergency medical evacuation, repatriation remains, lost baggage coverage, accidental death and dismemberment, and other services such as emergency cash transfer, concierge services, rental car coverage, flight accident, travel delay and so on. For a complete list of benefits see the plans at the top of this page. 

There are many other types of travel insurance—you can even get coverage for lost travel loyalty plan points. Depending on your destination and circumstances, you may want to consider the available coverage for:

· Missed connection

· Travel delay

· Emergency evacuation

· 24-hour traveler assistance

· Collision/damage coverage for rented cars

Yes, there are various other types of travel insurance for various needs and traveler like: Business; Travelers/Employers; Canadian Residents Traveling with a U.S. Tour Operator; Families; People With Medicare; People Traveling Outside Home Country; U.S. Visitors & Immigrants Need of Travel Insurance; U.S. Citizens & Residents in Need of Study & Travel Insurance

so here are additional types of travel insurance available. You can get a quote online for any of these types of insurance: 

Visitor Travel Medical Insurance

Student Health Insurance

Travel Medical Insurance

Annual Travel Insurance

Trip Cancellation Insurance

Cancel for Any Reason Travel Insurance

Custom Group Plans

Cruise & Tour Insurance

Ski Travel Insurance

International Medical Insurance

Travel Health Insurance

Long Stay Travel Insurance

Baggage Insurance

Medical Evacuation Insurance

Repatriation

New Immigrants Insurance