Travel Insurance Types Coverage Provide Paid Trip Canceled

In addition to the travel insurance and medical insurance discussed in this podcast, many other types of travel insurance are available to travelers who are willing to pay the "premiums" (the amounts that must be paid in order to have an insurance policy). For example, "trip cancellation insurance," also known as "trip interruption insurance," provides coverage if the trip must be canceled either due to the traveler's "circumstances" (situation), such as an illness, or due to weather-related issues. "Baggage insurance" provides "reimbursement" (money used to cover someone's expenses or losses) if the traveler's "baggage" (luggage; suitcases) are damaged or lost during the trip. And "flight insurance" is a type of life insurance that is "paid out" (money paid as a result of the policy) only if the insured individual dies in a "plane crash" (when an airplane has an accident and hits something).

Some types of travel insurance are "specific to" (designed for a specific purpose) certain "high-risk" (with a high probability of being injured) sports that are not covered by other types of travel insurance. For example, "ski travel insurance" covers the cost of replacing damaged ski equipment as well as travel mishaps like canceled flights and injuries or illnesses. "Adventure travel insurance" might provide coverage for risky activities like rock-climbing, "sky diving" (jumping out of airplanes), and more.

Other types of travel insurance provide coverage in dangerous countries. Most travel policies do not cover travel to countries for which a "travel advisory" or "travel warning" (an official government recommendation that people not travel to a particular place) has been issued. But "high-risk" travel insurance can provide coverage for people who must travel to those countries, such as journalists or security workers.