Is it OK to not have travel insurance?
Is it OK to not have travel insurance? If your trip doesn't involve any nonrefundable reservations, you may not need travel insurance. For instance, if you've booked only airplane tickets and a hotel stay for your vacation, and they're both governed by flexible cancellation policies, the trip cancellation benefit may not be necessary.
What is the most common type of travel insurance?
The two most common types of travel insurance to purchase for medical coverage are comprehensive plans and medical-specific plans. Each covers medical-related costs differently.